The median home price reached in Los Angeles County, five hundred and six thousand U.S. dollars in March 2006 half of the billions of dollars, and climbing dollar mark for the first time in history. This figure is twice the area average price of just four years ago.
For other parts of the country the potential buyers of the good news is that $ 500,000 can still buy, like many other parts of the United States at home bit. For example, even in the face of a population in central Oregon, and housing prices increased at an average price lower than the Los Angeles County, but still higher than in other parts of the country a large number of high. For example, the average price of a home in Germany in 2005 increased by more than 30%, to 327.5 U.S. dollars. Another central Oregon town of Madras, saw the first quarter of 2006, the number of home sales increased 187%.
The main driving force housing boom in Oregon, and in the Southwest and Pacific Northwest National, the one who sold them to more expensive homes in California, moved to where they can often be less money to buy more houses influx. Another factor is that, with the value, so many places to honor the owners of residential transactions in the registered capital and more expensive.
Another area of ​​significant growth in San Antonio, Texas, where the family over the past year the average price rose more than 9% to 131,900 dollars. San Antonio real estate market reflects the Los Angeles County, however, very few sales, despite higher prices overall. There is also a large number of new home construction in the field, and is the case.
Some places in California as a thriving result of skyrocketing housing prices in Southern California. One of the busiest areas, are included Riverside, Ontario and San Bernardino, where an unprecedented increase in new residents from 2000 to 2004, of which 4.6 million estimated to be transplanted from the Los Angeles metropolitan area.
Southeastern Florida in the United States also continued to increase at a brisk pace to a large extent a pair of large influx of indigenous inhabitants of New York City area. In fact, an estimated 41,500 people from the area moved to Orlando, Miami and Tampa in 2004. One reason is that the region has experienced rapid growth in employment opportunities. The employment situation in the region once dominated by Disney World, but this is not the case.