Los Angeles home prices have seen strong gains over the past several years. Downtown prices of course outperformed the rest of Los Angeles County, as well as Orange County and across the entire U.S.
National figures are not as impressive recently. Sales of previously owned homes dropped nationwide. The National Association of Realtors reported that pending sales also fell last month.
But Downtown Los Angeles is happier news because local homeowners gained an average $48,711 in home value since last year. The naysayers who said a year ago that Downtown prices were “too high” and that they were a bubble about to burst have again been proven wrong. Downtown has yet again out-performed the surrounding area and the entire nation, with home prices rising significantly over the 12 months of the previous year.
.
.
How much is your home worth? Get a free online home evaluation at www.HomeEvals.com or fill out the online form:
Find homes in Downtown Los Angeles:
LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]
SEARCH LOFTS FOR SALE UNDER $500,000 | Popular | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking
Your Home Sold GUARANTEED or I’ll Buy It*
Corey Chambers, Broker
(213) 880-9910
coreychambers@yahoo.com
http://www.laloftblog.com/
Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com
Copyright © This free information provided courtesy L.A. Loft Blog and CoreyChambers.com with information provided by Corey Chambers, Broker, DRE#01889449 Not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com