Housing costs in Los Angeles remain astronomically high compared to outside California. Estimated median house/condo value today is at $499,000.
The site http://www.housingtracker.net allows you to follow the trends in LA and see where prices currently stand.
For such a large investment it is usually wise to hire a real estate agent who fill find listings that meet your needs and arrange appointments.
Advertisements can be found in the yellow pages of the phone book or on-line, but make sure that you are comfortable with your agent because a good agent can help you save a lot of money.
A very complete list if real estate agents is offered at: Downtown LA.
Update 26/03/2008
Keep more of your money when transferring funds overseas!
If you want to move money abroad, from or to for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Why Fexco
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Main characteristics
Fexco will help you to keep your overseas money transfer costs to a minimum.
| Margin | 0.6% |
|---|---|
| Regulator | FCA |
| Fee | £10 < £5K or Free > £5k |
| Mini | £1K |
| Ccy | All (130 currencies, incl ‘exotics’) |
| Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
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When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.