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Home payments in Los Angeles County have jumped 98% in five years, reaching $5,670 monthly.
House payments in Los Angeles County have surged 98% in five years, with typical buyers now paying $5,670 per month.
The median home price reached $869,000 in November, 3% above last year and up 39% from five years ago.
Higher mortgage rates, averaging 6.8% in November compared to 3.7% five years ago, have slowed the homebuying pace, with monthly transactions down 34% from the past two years.
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Los pagos a domicilio en el condado de Los Ángeles han aumentado un 98% en cinco años, alcanzando $5,670 mensuales.