Located between the Inland Empire and the San Gabriel Valley, the city of Pomona continues to be a popular place for families and businesses. The city hosts the Los Angeles County Fair and is only 27 miles from the busy city of Los Angeles. In 2010, The Census of Population and Housing found there were 149,058 people living in Pomona, just 0.3 percent less than recorded in 2000. Between 2000 and 2010, the overall population of California grew 10 percent to more than 37 million residents.
The information notes there were 39,620 housing units of which owners occupied 55.1 percent while 44.9 percent were rented. The median value of owner-occupied homes between 2006 and 2010 was $355,900, lower than most homes in Los Angeles County and also lower than the statewide average of $458,500.
Pomona is also home to many well-known schools including Diamond Ranch High School as well as some highly accredited colleges including California State Polytechnic University and the Western University of Health Sciences.
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks.