If you own a home in the South Bay of Los Angeles you have to love the price appreciation you have seen over the past 2-3 years. In fact, single family houses in some neighborhoods have seen price increases of over 30% over the last 18 months with condo and townhouse prices not far behind.
Well what if I told you there is more to come and the party won't be over anytime soon? Better yet, what if someone a lot smarter than me said it?
Here's some quotes from a recent report I read: