Is the Westside different?

Some others are starting to take notice of a trend that's becoming apparent with Westside L.A. real estate and that I began to chronicle in January. That is, Westside real estate is weathering the storm much better than the rest of L.A. This is not to say that things are totally rosy on the Westside. If you bought a condo in 2005, it's probably worth about the same as it was then. But the flood of foreclosures that's pulled down other parts of the city just hasn't hit the Westside.

Here's a recent post from the Sweet Digs blog: Is Real Estate Different in the Westside?

And here's the link to my original January posting that puts some solid numbers to this phenomenon: Tons of L.A. Foreclosures -- except on the Westside