Three out of the top seven Top Markets are here in the Golden State but what really pops out of this graphic is that percentage for Los Angeles. 15.75%! Lower than Houston! And the lowest on the list. I assume that our large population is what has propelled L.A. to the dollar title.
But this furthers my point that if a bubble does occur, it isn’t going to hit equally. That range of 15% to 44% shows how disparate each market is and that aftershocks are not going ripple the same way.