The most expensive neighborhoods in Los Angeles | News Channel 3-12

The most expensive neighborhoods in Los Angeles | News Channel 3-12

1000 Words // Shutterstock   Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand keeping many on the sidelines. This comes amid rising economic uncertainty and growing wealth concentration. But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are still selling, even as most buyers pull back. Most people can’t afford high-end homes, although t…