LA home prices tie a record high

LA County home prices are sizzling, according to a recent article in the LA Times. The median home price just hit the all-time high set in 2007. For insight into what the rise means for many would-be buyers, The Times turned to our Chief In-House Economist, Selma Hepp.

Read more at LA Times: L.A. County median home price ties record high as housing market sizzles