Across much of Southern California, home prices are setting records. But the crunch still lingers for the Victor Valley - News Summed Up

Across much of Southern California, home prices are setting records. But the crunch still lingers for the Victor Valley


Christina House / Los Angeles TimesHome values remain far below their peak of the last decade. Track the recovery of home prices in Southern California »To be sure, there are signs of recovery in the Victor Valley. Christina House / Los Angeles Times“We got back on our feet,” said Joyce McCord, a 48-year-old nurse, who recently purchased a new house in Victorville. In 2005, a new 1,500-square-foot condo in the Koreatown section of Los Angeles was going for $620,000. Even today, after six years of steady recovery, prices remain about 25% below the bubble-era high.


Source: Los Angeles Times September 09, 2018 10:18 UTC



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