text: 5 Hottest Real Estate Neighborhoods in L.A. - LA Weekly
  Dennis Romero July 16, 2013
  Real estate has been on fire in Los Angeles. "Economic recovery" doesn't begin to explain the ridic levels of interest in home-buying, from bidding wars to all-cash offers.
  Credit: Brian Swanson Photography / LA Weekly Flickr pool
  5. Mid-Wilshire. Yeah, we told you last year Koreatown was "America's Hippest Neighborhood," but we didn't realize that its long-affordable real estate would catch fire so soon. June-over-June increase: Nearly 62 percent. Median square foot price? $551.
  Credit: Joey Z1 / LA Weekly Flickr pool
  3. Downtown. Another gentrifying, hipsterizing 'hood makes the list. DTLA got swamped with condos that had to be converted to rentals during the Great Recession. Looks like they're making a comeback as ownables. Redfin says the June-vs.-June increase is nearly 66 percent, with the median square-foot price at $280. Still sounds like a discount compared to some other areas (read on … ).
  Credit: Brian Swanson / LA Weekly Flickr pool
  2. Silver Lake / Edendale / Echo Park. This is probably not that surprising, given the years-long trend of gentrification in the area known for its hipsters. (They must be rich hipsters). According to Redfin this part of the "Hipster Triangle" has seen a near 81 percent increase in June-over-June prices, with the median square-foot going for $575. Gulp.