The location thing

Have L.A. home prices fallen that much? Really depends on where you happen to be. They've nosedived in the Antelope Valley and the Inland Empire, of course - as well as in much pricier neighborhoods closer to the water. But it's far different for locations where demand has held steady and prices didn't blow through the roof during the boom. In Mar Vista's 90066 ZIP code, the median price is $670,000, down about 9 percent from last year - and only 8 percent from five years ago. I get into the whole location thing with KPCC's John Rabe on "Off-Ramp" Saturday from 12-1 p.m. and Sunday from 7-8 p.m.

Mar Vista neighborhood. Photo by John Rabe