Neighborhood Market: City Heights
Published: Tuesday, June 17, 2008 5:42 PM PDT
I asked for your votes and I heard loud support from several readers for a look at City Heights in our next installment of "The Neighborhood Market" series.
One of the most compelling reasons for making City Heights our next neighborhood was sent by reader FW:
Considering that the largest price movements both up and now down have been in the lower income areas, I think they deserve your attention.
FW was, of course, referencing the lowest tier in the Case-Shiller home price index. A large portion of the homes for sale in City Heights fit in that lowest tier, where home prices appreciated by the most percentage-wise in the boom and have fallen by the most since the peak in June 2006.
So I'd love to hear your questions, your thoughts on City Heights real estate, or what you've noticed if you live or work nearby. Send me an e-mail if you have anything to share or any questions you think I should be sure to ask.
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