Home prices in Pico-Robertson are down about 25% from 2006 highs. Overall, real estate in this neighborhood has held up pretty well as more people seek to move in.

Rents dipped in the 2008 recession, about 5%, but have overall stayed close to even the past five years. The high-end rents have dropped a tad but the rest are unchanged.

Read more on Home Prices Down 25% From 2006 Highs…

I was talking to a guy who runs a building-maintenance company last night who knows the neighborhood and we talked a bit about rents–he said that the standard rent for studios now is under $1000–he thought it was around $900-$950.

Read more on How Much For A Studio Apartment In Pico-Robertson?…

Many of the below options have helped me.

Are you interested in inexpensive acupuncture? YoSan (on Washington Blvd in Culver City) and Emperors College (in Santa Monica) have community clinics that charge about $40 per session.

Read more on How To Dramatically Improve Your Life While Spending Little Money…

Based on anecdotes from real estate agents, I've learned that condos that sold for $600,000 in the Pico-Robertson area in 2007 now go for about $520,000.

On the other hand, rents have not decreased. They've been going up steadily over the past four years as more people switch from owning a home to renting. Thus, there's more demand for rentals and prices go up.

Read more on Real Estate Prices Have Dropped About 20% In Pico-Robertson Since 2007…

It's a big deal if you want to renovate your home in Pico-Robertson in specific or Los Angeles in general.

Because Southern California is prone to earthquakes, building codes are strict.

Read more on So You Want To Renovate?…

I notice very few vacation buildings in Pico-Robertson. But you go a few blocks outside of Pico-Robertson to La Cienega Blvd and east of La Cienega on Pico, and you'll find some vacancies.

Read more on Where's The Recession In Pico-Robertson?…

They are pushing the community east of La Cienega and south of Airdrome, thus bolstering real estate prices and rents.

• Why Are Home Sales Falling With Mortgage Rates?
• Forcing Banks To Keep A Skin In The Game Of Mortgage Lending

Read more on Orthodox Jews Keep Moving Into Pico-Robertson…

The economic crash has not caused any reduction in rents that I can see in Pico-Robertson. Home values have taken a hit.

• Home Values Fall As Foreclosures Rise
• Time To Raise FHA Downpayments?

Read more on Pico-Robertson Bustling With Renters…

Real estate is holding its value in Pico-Robertson as more Orthodox Jews move into the neighborhood each month and more blacks are pushed out, further east and south.

I cover real estate and mortgage financing here:

Read more on Home Prices Keep Falling…

Few topics are as perennial around the Sabbath table as real estate values!