Image credit: Trulia via Curbed LA
http://la.curbed.com/archives/2013/09/buying_wont_save_you_as_much_over_renting_in_la_these_days.php
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Photo credit: Eastsider L.A./Redfin
Both Curbed L.A. and Eastsider L.A. are reporting on this phenomenon: Silver Lake homes selling for over $1 million have risen at a rather insane rate this year. According to Eastsider, over three dozen homes have sold for, at, or above the $1 million mark. And many for over the asking price. Check out the articles below. Curbed has a map of where those homes were located and their sales prices.
http://la.curbed.com/archives/2013/10/mapping_silver_lakes_insane_milliondollar_housing_boom_1.php
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