90713, Lakewood, CA

Lakewood, CA is located in the 90713 zip code. The median home value in this zip code is $527,000. Home equity values have increased significantly over the past few years and are now at an all-time high. This has led to a rise in home prices in Lakewood.

There are a number of factors that have contributed to the increase in home equity values in Lakewood. First, the market for homes has been strong overall, with steady growth in both sales and prices over the past few years. Second, there has been an increase in demand for homes due to growing populations and increasing incomes. Third, interest rates have remained low over the past few years, which has helped to boost home equity values even further.

Despite these positive trends, there are still some risks associated with buying or selling a home in Lakewood right now. For example, there is a risk that interest rates could rise later on down the road and cause prices to decline again. Additionally, although demand for homes is strong overall, there may be limited availability of properties if buyers decide they want to purchase a house quickly – this could lead to higher prices than expected.