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Source:
Los Angeles Times
Los Angeles Times
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In Los Angeles and surrounding areas, a $1 million budget no longer secures a move-in-ready home, prompting buyers to adjust expectations and consider fixer-uppers, condos, or alternative neighborhoods. Experts advise being flexible, prioritizing key features, and exploring areas east and south of prime locations due to rising prices and limited inventory. Condominiums and shared-property options like TICs offer more affordable entry points, while careful research and community respect remain essential for a successful purchase.
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