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	<title>Comments on: Los Angeles Real Estate: Hot or Not?</title>
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	<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html</link>
	<description>Redfin Corporate Blog</description>
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		<title>By: dacremox</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-11277</link>
		<dc:creator>dacremox</dc:creator>
		<pubDate>Sat, 01 Jan 2011 16:08:09 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-11277</guid>
		<description>Impressive article good to read out about the Los Angeles Real Estate.I am really looking forward for more details regarding the los Angeles Real Estate...&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.luxuryhomesomaha.com/&quot; rel=&quot;nofollow&quot;&gt;homes for sale omaha ne&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Impressive article good to read out about the Los Angeles Real Estate.I am really looking forward for more details regarding the los Angeles Real Estate&#8230;</p>
<p><a href="http://www.luxuryhomesomaha.com/" rel="nofollow">homes for sale omaha ne</a></p>
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		<title>By: jacckyjose</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-11123</link>
		<dc:creator>jacckyjose</dc:creator>
		<pubDate>Sat, 11 Dec 2010 17:52:44 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-11123</guid>
		<description>These fluctuations, but the time to buy is here now. if only we could get a loan. Those who hope in the bottom of the market seems to be always in the game a little late. Shopping is a declining market is smart, but misses the trip to the summit is the biggest mistake you can always do.&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.showomahahomes.com/&quot; rel=&quot;nofollow&quot;&gt;Real Estate Omaha&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>These fluctuations, but the time to buy is here now. if only we could get a loan. Those who hope in the bottom of the market seems to be always in the game a little late. Shopping is a declining market is smart, but misses the trip to the summit is the biggest mistake you can always do.</p>
<p><a href="http://www.showomahahomes.com/" rel="nofollow">Real Estate Omaha</a></p>
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		<title>By: Flipping houses (also known as www.zillow.com &#124; Zillow.com</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-8793</link>
		<dc:creator>Flipping houses (also known as www.zillow.com &#124; Zillow.com</dc:creator>
		<pubDate>Thu, 20 May 2010 19:50:57 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-8793</guid>
		<description>[...] plans can shine a light on areas which will require additional help. Few www.zillow.com people can manage all aspects of running a business. Even if you plan on flying solo, you should [...]</description>
		<content:encoded><![CDATA[<p>[...] plans can shine a light on areas which will require additional help. Few <a href="http://www.zillow.com" rel="nofollow">http://www.zillow.com</a> people can manage all aspects of running a business. Even if you plan on flying solo, you should [...]</p>
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		<title>By: www.zillow.com</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-8524</link>
		<dc:creator>www.zillow.com</dc:creator>
		<pubDate>Wed, 19 May 2010 11:16:20 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-8524</guid>
		<description>There wasn’t a huge difference in the days on market for the hot areas (43) and the entire Los Angeles market (45), but, on average, the hot properties sold in almost five &lt;a href=&quot;http://www.zillowcoms.com&quot; rel=&quot;nofollow&quot;&gt;www.zillow.com&lt;/a&gt; days (Boston hot properties sold in about 4.5 days).</description>
		<content:encoded><![CDATA[<p>There wasn’t a huge difference in the days on market for the hot areas (43) and the entire Los Angeles market (45), but, on average, the hot properties sold in almost five <a href="http://www.zillowcoms.com" rel="nofollow">http://www.zillow.com</a> days (Boston hot properties sold in about 4.5 days).</p>
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		<title>By: Los Angeles Lofts</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-4263</link>
		<dc:creator>Los Angeles Lofts</dc:creator>
		<pubDate>Thu, 30 Oct 2008 06:34:44 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-4263</guid>
		<description>If you check out Zillow these days you can actually see teh market has leveled out in the valley and teh city is starting to witness a bit of a rise.  There are still going to be fluctuations, but the time to buy is here now.  if only we could qualify for a loan.</description>
		<content:encoded><![CDATA[<p>If you check out Zillow these days you can actually see teh market has leveled out in the valley and teh city is starting to witness a bit of a rise.  There are still going to be fluctuations, but the time to buy is here now.  if only we could qualify for a loan.</p>
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	<item>
		<title>By: Los Angeles Lofts</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-4262</link>
		<dc:creator>Los Angeles Lofts</dc:creator>
		<pubDate>Thu, 30 Oct 2008 06:32:55 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-4262</guid>
		<description>Those who wait for the bottom of teh market always seem to get in the game a bit too late.  Buying is a down market is intelligent, but missing the ride to the top is the worst mistake you could make.</description>
		<content:encoded><![CDATA[<p>Those who wait for the bottom of teh market always seem to get in the game a bit too late.  Buying is a down market is intelligent, but missing the ride to the top is the worst mistake you could make.</p>
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		<title>By: Phyllis Harb</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-3401</link>
		<dc:creator>Phyllis Harb</dc:creator>
		<pubDate>Fri, 18 Jul 2008 14:55:24 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-3401</guid>
		<description>Great post!!! Although, I think 10 days would be more accurate assessment (due to some Realtor&#039;s) lag time of posting sales in the multiple listing service.  But very interesting assessment.</description>
		<content:encoded><![CDATA[<p>Great post!!! Although, I think 10 days would be more accurate assessment (due to some Realtor&#8217;s) lag time of posting sales in the multiple listing service.  But very interesting assessment.</p>
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	<item>
		<title>By: Turkey real estate market is growing</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-3083</link>
		<dc:creator>Turkey real estate market is growing</dc:creator>
		<pubDate>Wed, 28 May 2008 17:57:55 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-3083</guid>
		<description>Come and invest in Turkey. You get more profit in a short time. :)</description>
		<content:encoded><![CDATA[<p>Come and invest in Turkey. You get more profit in a short time. :)</p>
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		<title>By: LA Home Search</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-3024</link>
		<dc:creator>LA Home Search</dc:creator>
		<pubDate>Wed, 07 May 2008 01:07:37 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-3024</guid>
		<description>this article is missing the point.  You need to study the real estate market one neighborhood at a time.</description>
		<content:encoded><![CDATA[<p>this article is missing the point.  You need to study the real estate market one neighborhood at a time.</p>
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	<item>
		<title>By: Red</title>
		<link>http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html/comment-page-1#comment-2995</link>
		<dc:creator>Red</dc:creator>
		<pubDate>Wed, 30 Apr 2008 22:12:52 +0000</pubDate>
		<guid isPermaLink="false">http://blog.redfin.com/blog/2008/04/los_angeles_real_estate_hot_or_not.html#comment-2995</guid>
		<description>MATT! NO. BAD BOY.  The price of a home is NOT the monthly payment. You are not renting.
Many of the pathetic foreclosures made the same mistake, bought for too much with low interest rates. A 10% drop in the price of a home can eat your entire downpayment or put you way down in a hole, making it impossible to sell, refinance, or pull any cash out in an emergency.
Say you bought for $700000 at 5%, no down, got an interest only loan; thats only $35,000 a year.  
Or waited, and bought for $630,000 at 6.5%, costing $40,950 a year.  Sounds bad, doesn&#039;t it?  But the difference is only $5,950 a year. 
It will take 12 YEARS for the low interest rate to make up for the 10% loss in value.  Most people do not stay that long in a home.  Or they can get a chance to refinance at the lower rate if they do.  
Don&#039;t even think about what happens if the $700K purchaser bought with a variable rate loan, or seller buy down rate...</description>
		<content:encoded><![CDATA[<p>MATT! NO. BAD BOY.  The price of a home is NOT the monthly payment. You are not renting.<br />
Many of the pathetic foreclosures made the same mistake, bought for too much with low interest rates. A 10% drop in the price of a home can eat your entire downpayment or put you way down in a hole, making it impossible to sell, refinance, or pull any cash out in an emergency.<br />
Say you bought for $700000 at 5%, no down, got an interest only loan; thats only $35,000 a year.<br />
Or waited, and bought for $630,000 at 6.5%, costing $40,950 a year.  Sounds bad, doesn&#8217;t it?  But the difference is only $5,950 a year.<br />
It will take 12 YEARS for the low interest rate to make up for the 10% loss in value.  Most people do not stay that long in a home.  Or they can get a chance to refinance at the lower rate if they do.<br />
Don&#8217;t even think about what happens if the $700K purchaser bought with a variable rate loan, or seller buy down rate&#8230;</p>
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