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Recently Los Angeles condominiums have declined in value as rest of the country. The over building and over supply of condos in greater Los Angeles area have opened up opportunities for those with cash to purchase a condo that they were previously prices out of. The average sales price of Los Angeles condominiums have fallen to $380,000, a 17 percent decline from same period last year.

If yo are looking for a condo in LA, you should take the commute and cost of living into consideration. Metro Los Angeles is known for the worst traffic in the country. For this reason you should take a look at one of the condos in downtown LA, but the price are the highest here, where they can get above $1,000,000. Culver City or Anaheim might be a good location if you are searching for something more affordable. Follow the tips below and you will find the right deal for you.

Make sure you do lots of research, site like Realtor.com or Zillow.com provide wealth of information regarding Los Angeles condominiums. Talk to a friend in the area where you are thinking about buying, this can be a great source of information or talk to the your potential neighbor.

Visit your potential property at night. Many places seem safe and unassuming during the day, but once the sun goes down it's a whole different story. Checking out Los Angeles condominiums at night, even unofficially, allows you to see the whole story. Never commit to something without full knowledge of it.

Many of condominiums projects now are under trouble, where the developer is not completeing the building due to financial difficulties. So do not commit to any pre-construction deals, where you might lose your down payment and will never get the money back. Do not sign any dotted line for anything you have not seen, the end product maybe different from what you think.