www.homedesignLA.com - Forbes: Los Angeles Among Cities Where Recession Is Easing

March 8, 2010 - PRLog -- http://www.homedesignLA.com
http://www.huffingtonpost.com/2010/03/08/forbes-la-among-cities-wh_n_490304.html

California was perhaps hit hardest by the housing crisis. In spite of that, Los Angeles rises above the rest of the state, and other big cities in the country, to No. 9 on our list. Although the Golden State's real estate woes began earlier and were more pronounced than in large parts of the country, they began easing sooner.

Los Angeles has strong banking and finance industries and a housing market that, while it suffered from a major pricing bubble and bust, has seen a resurgence of demand.

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