A 'Soft Landing' In Southern California?

The median home price in the six-county Southern California region rose a modest nine percent during the last 12 months, compared to the muscular 26 percent climb on a year-over-year basis at the market's peak in Spring 2004.

Prospective homebuyers are waiting longer to bid, and sellers don't want to lower their prices. Experts see a housing market in transition; price increases and expectations are more normal, possibly without significant price declines in the future. The overall economy is stronger than in the mid-1990s. Yet predicting future market activity is uncertain: will prices continue to slide or is single-digit appreciation the new norm?

Thanks to D. A. Varnado, AICP

Full Story: More Signs of Housing Cool-Down


Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!