Happy New Year 2016 Downtown Los Angeles

How to get the most out of the most important investment in the most exciting place on Earth, real estate in Downtown L.A. #downtown #condos  Revelers have a lot to be happy about at the end of 2015, posting gains of 8% for DTLA property values. This L.A. Loft Blog post will give a prediction of the market for 2016 and beyond. This comes on top of even larger gains for 2012 through 2014.

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While revelers prepare to enjoy New Year’s Eve in Downtown’s LA LIVE, the new center of the universe that is slowly replacing celebratory aspects of Hollywood and Times Square, the savvy investors are staying home to plot their plans for big gains in 2016. The home buying season starts early every year in Downtown LA because the energetic, entrepreneurial urbanites usually have no kids or school to be concerned with. Many buyers begin seriously searching for properties to buy in January, and then a large number of home purchase escrows are usually closing by May.

As the floodgates of homebuyers opens up for the new year, prospective home buyers are preparing for an uphill battle, competing against a large number of potential Downtowners for a very low inventory of lofts and condos for sale in DTLA. With a limited selection of homes for sale, investors and future urbanites need as many advantages as possible to find the most amazing loft at the best price.  To help with that goal, the L.A. Loft Blog presents a few of the most important items to help buyers to get the best deal in Downtown:

  1. Pocket Listings, Unlisted and Off Market Properties – 45% of the best deals in Downtown real estate are not listed on the internet, and not listed in the agents and brokers Multiple Listing Service.  A Downtown LA pocket listing specialist is the best source to provide access to these private deals at no cost to the buyer.
  2. Get informed on all of the unique challenges and downsides of Downtown lofts. Besides lots of homeless people running around, Downtown Los Angeles lofts have other unique issues. More than 25% of current listings involve a building that is currently or recently engaged in a lawsuit or litigation of some kind.  The popular Barker Block is involved with litigation, and has a questionable new shopping center, also a possibly contaminated park being built across the street. Buyer’s need a Downtown specialist to help provide information about these potentially negative issues.  Alta Lofts HOA recently announced a claim against the developer for construction defects that could potentially turn into a lawsuit and affect home values. All Downtown buildings have major pros and cons.
  3. Avoid loft lending nightmares – More than half of homes for sale in Downtown are industrial or commercial buildings that have been converted to live-work under the City of Los Angeles Adaptive Re-Use Ordinance.  Most home loan companies do not know what a loft is, they do not check the building type up front, and they come back later with bad news about delays, cancellations or higher rates for loft financing.
  4. MORE – Beat out other buyers to the best deals in Downtown condos and lofts. Most buyers and most agents do not know how to implement very advanced strategies to give the buyer as much advantage as possible.  These strategies include advanced software, intelligence gathering, outmaneuvering, and out-negotiating the listing agent to place the buyer’s interests far above the seller’s interests. The good news is that it is free. The buyer simply needs to make a decision that they deserve the best deal possible, the best price and the all possible advantages. Get free information on how to take advantage of the Downtown VIP Buyer program at no cost at www.LALoftVIP.com or visit http://www.lacondoinfo.com/technology

PREDICTION FOR 2016

The L.A Loft blog predicts that 2016 is expected to have gains similar to 2015, around 7%. Most buyers have been cautious recently. Contrary to what some believe, there will be no big, dramatic drop is prices any time soon.  Because the money supply is still very loose, the opposite is actually more likely. Inflation pressure caused by unprecedented quantitate easing is just as likely to cause home prices to have an unexpected jump in the near future.

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Get a list of new condos in Downtown Los Angeles. Fill out the online form:

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Corey Chambers, Realty Source Inc, BRE#01889449
LA Live South Park Downtown
LA Live South Park Downtown

Condos in Downtown Los Angeles

Downtown Los Angeles has about 50 condominium buildings with lofts and other condominiums for sale.  Coming soon are about 5 additional new construction modern high-rise condo buildings.   |   NEW CONDOS    #condos #dtla

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More than half of the condos in Downtown L.A. are in industrial or commercial buildings, transformed into live-work residential lofts under the City Los Angeles Adaptive Re-Use Ordinance. Many with New York style industrial concrete floors and columns, others with many oversized windows and brick walls, several of these historic loft condo buildings qualify for greatly reduced property taxes from the Mills Act tax benefits.

LA Loft Condos
LA Loft Condos

Of the 64 most popular rental apartment buildings in Downtown, nearly a dozen (all loft buildings) have tentative plans to sell the units some time in the future. Many #DTLA #condos have units available for lease.

Get upscale condominium free info. Fill out the online form:

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Corey Chambers Realty Source Inc  BRE#01889449

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

Downtown’s Clean, Upscale Neighborhood Highrise Condominiums

Dramatic Panoramic views are just the just the beginning when you own this 3 Bedroom, 3 Bathroom fully updated corner condo unit facing Downtown’s Financial District, sunsets, Hollywood Sign and Griffith Observatory.

http://www.800west1st-2308.com

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After seeing it, you will find that it is hard to believe that this upgraded luxury condominium unit in the Bunker Hill district of Downtown Los Angeles is the lowest priced 3-bedroom, 3-bathroom in Downtown Los Angeles.

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The SoCal Home – Real Estate Newsletter

TheSoCalHome.com is the new domain for our monthly real estate newsletter.  The newsletter contains impactful real estate news for Southern California, and always has info on how your referrals help the kids.  The SoCal Home newsletter is at

The SoCal Home -Referral Newsletter (Jan 2016)

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homeward-newsletter-1512 (Dec 2015).

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https://laloftblog.com/2015/03/16/downtown-los-angeles-real-estate-newsletter/

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Find homes in Downtown Los Angeles:

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Oceanwide Plaza Update – New Luxury Condominiums Downtown Los Angeles

SOUTH PARK HOMES FOR SALE  |  FOR LEASE  |  NEW HOMES

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Now under construction at 1101 S Figueroa Street in #dtla, #Oceanwide Plaza (formerly known as Fig Central) is one of several mixed use residential-hotel-retail megaprojects coming to life in the South Park district of the newly revitalized Downtown Los Angeles.

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It will consist of a mall, a 5-star hotel, and residential condominiums for sale, in the form of three connected highrises from 40 and 49 stories. A video from Urbanize LA, the company leasing out the 150,000 square feet of retail space in the new complex,  gives a close-up view of the shopping area and the new public space that Oceanwide Plaza will present. It will also include hotel ballrooms, nightclub, premium fitness center, celebrity chef restaurant, and an opulent spa.

The retail area will be inside a covered open-air shopping mall that will stretch along the bulk of the 4.6-acres of 1101 S Flower Street. The retail area is spread across two levels, and features a 37,000 square foot rooftop deck. Nearby residents of Flower Street Lofts will be pleased that the ground floor of the Plaza includes several pedestrian walkways between Figueroa and Flower.

Condominiums for sale nearby include the Residences at the Ritz-Carlton, Luma, Evo, Elleven, Concerto, Skyline, Market Lofts and Sky Lofts.

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The $1 billion development will also include 2 40-story residential towers and a 49-story tower that will contain a 183-room Roberto Cavalli Hotel and 504 condos. 32,000 square feet of the exterior will be wrapped up in a giant LED screen that will add to the Las Vegas style of bright lights already visible from LA Live just across the street. Developers expect Oceanwide Plaza construction to be completed in September of 2018.

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Get free updates on Oceanside Plaza new condos and other new homes in Downtown Los Angeles. Fill out the online form:

SOUTH PARK HOMES FOR SALE  |  FOR LEASE  |  NEW HOMES

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*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

Downtown Condos For Sale – Guaranteed Home Sale

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Corey Chambers helped us to sell our home for 101% of asking price, all cash, 24% faster than the average sale in the building. Corey then helped us to find a larger home and to negotiate a fair price with repairs included. He was very responsive to calls and if he didn’t know the answer to a question that we had, he always found the answer out in a timely manner. We plan to use Corey again in future real estate transactions and highly recommend him to others especially if you are looking in the downtown area.  —  Tammy Johnson and Mike Barker

 

Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

Selling Your Home With an Agent vs On Your Own

Hiring a real estate agent saves you considerable time and expense when selling your home.  READ ARTICLE AGENT VS OWNER – CLICK HERE

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WITHOUT AN AGENT

• You’ll need to pay out-of-pocket for expenses usually covered by a sales agent. These costs include marketing expenses, like for-sale signs and listing ads.

• Your home listing may not reach as far as you’d like. An ad in your local paper and a sign on your front lawn has less reach than a full, professional real estate marketing campaign.

• You’ll be responsible for all the legally mandated disclosures and forms. These forms may be difficult to understand properly without an agent’s help.

• You need to research comparable properties in your area to correctly price your home.

• You may believe you’re saving money by not hiring an agent, but the costs of locating buyers and closing a transaction yourself may use up the expenses you save – and then some.

WITH AN AGENT

• Marketing expenses are covered. An agent has means to produce signs, flyers and other marketing materials you may need.

• Agents have access to a multiple listing service (MLS), which expands the audience for your buyer search.

• Agents have experience analyzing the local market and inventory to set an appropriate price for your home. They may also provide you with a comparative market analysis.

• An agent knows the legal requirements for disclosures and paperwork. You won’t have to worry about accidentally missing a necessary step in the process.

• An agent is on your side. It’s their job to negotiate on your behalf for the best deal possible so you can focus on your other daily responsibilities – and save some money in the process.

If you’re ready to sell your home, give me a call to set up an appointment today!

corey-sq-kw-m
Your Home Sold GUARANTEED or I’ll Buy It*
213.880.9910
coreychambers@yahoo.com
www.CoreyChambers.com
www.GuaranteedSaleSoCal.com

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Find homes in Downtown Los Angeles:

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*seller and Corey must agree on price and time of possession.
CalBRE Lic#01889449

December HOMEward Bound Newsletter

Ho! Ho! Ho!

December rings in one of the most joyful times of the year. The current year coming to a close, celebration of Christmas and other Holiday Celebrations, all mean different things happy-holidaysto different people, but most always represent Joy. If you look around, you will notice a giving spirit exists unlike at other times of the year. Unfortunately many home owners wanting to really enjoy this Holiday season are less than enthusiastic because they feel trapped. They are desperate to exit their current home and give themselves a big Christmas Gift – a NEW place to call home.

In This Issue:
— Ho! Ho! Ho! and…
— How Your Referrals Help Kids
— And Much More

SEE THE ENTIRE NEWSLETTER PDF: homeward-newsletter-1512 (Dec 2015)

xmas-dinner-holidaysHere’s where you and I can HELP! As a result of working with over 5,000 families over a 10 year time span and through recent recessions, we have developed a special program to quickly get an acceptable “cash” offer on any home for market value. So we are giving Home Owners wanting to make a move a very special gift this holiday season. For the month of December, we will guarantee, in writing, the sell of a Southern California home in 30 days at a price acceptable to the home owner. In the event there is no sell, we’ll pay the homeowner $3,500.* *The homeowner and I just need to agree on price.

We do that starting with a simple, FREE consultation.

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THIS IS WHERE YOU CAN HELP! If you or anyone you know is considering making a move, we would like to offer them a FREE No-Obligation-to-Move Consultation to discuss
just how they can make their move, get what they want, and do it with the least hassle. Top Dollar Consultation. On this call, we’ll discuss just how they can make their move, get what childrens-hospital-la-logothey want and do it with the least hassle. AND while we are on the phone, I will instantly send over a FREE Special Report titled “Costly Home Seller Mistakes to Avoid When Selling During the Holiday Season”. Just like we are thankful for you and your business, I am confident your referrals will be thanking you for steering them in the right direction on getting their home sold!!! *A GREAT Guarantee: Sold in 30 Days or I pay a $3,500.00 Cash Penalty! *A FREE Consultation to Discuss What Price can Be Expected. *A FREE Special Report that details Mistakes to Avoid When Selling in Today’s Market. AND remember, YOUR referrals help the Kids… We are still on a mission to raise $25,000 for Children’s Hospital Los Angeles childrens-hospital-los-angeles-baby-careHelping Hands Fund. We do this by donating to them $125 for each and every buyer and seller that we help. As you know, Children’s Hospital Los Angeles does great work in
helping kids fight through and survive nasty life threatening diseases like cancer, Non-Hodgkin’s lymphoma, leukemia and others. Kids under their care are 300% more likely to enter into remission IF they can get into the recovery center. BUT, the Recovery Center survives on Sponsorships and Donations. So YOUR REFERRALS REALLY DO HELP THE KIDS… Who do you know considering buying or selling a home you could refer to my real estate sales team? Not only will they benefit from our award winning service, you can rest assured we are also donating to a very worthy cause.

Your Referrals Really Do Help the Kids…

I want to make it easy to refer your friends, neighbors, associates or family members considering making a move, so here are your options:

1. You can fill out the enclosed response card with who you know considering a move and mail back to me.

2. You can pass along our business card to them, I have enclosed a couple here for that purpose.

3. You can go to www.ReferralsHelpKids.com and enter their contact info on line or forward the link to who you know considering a move.

4. Of course you can always call me direct as well at 213-880-9910.

corey-sq-kw-mOver the last decade of helping thousands of people to find a home, sell and/or buy another, we have met some wonderful, loving, caring people. People like you! So your referrals, those you know considering a move, that we help – you can rest assure that not only will they get the award winning service we are known for and the guarantee to back it up, but that a solid portion of the income we receive from the transaction will go toward a very worthy cause.

Again, it’s easy to refer your friends, neighbors, associates or family members considering making a move. Simply go to www.ReferralsHelpKids.com. Of course you can always call me direct as well at 213-880-9910.

I hope you and your family are well and this Christmas Season brings you much joy and happiness.

With all my appreciation.

Corey Chambers
childrens-hospital-child-bed-hallP.S. We love honoring our past clients like you. Read all about that at www.ReferralsHelpKids.com

P.P.S. I have included an anecdote that demonstrates the great work done by Children’s Hospital Los Angeles and how your referrals really do help the kids. Keep ‘em coming…

Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Your Los Angeles Home Sold GUARANTEED or I’ll Buy It*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting www.GuaranteedSaleSoCal.com

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(We will repeat what that post card graphic says in text for copy and paste:)

4 Big Reasons to Call the Chambers Team to Sell Your Home:

#1 We’ll Get You More Money – Chambers Team gets you 2.2% more of the asking price
#2 We’ll Sell Your Home Faster – Chambers Team sells homes 44% faster
#3 More Likely to Sell – Chambers Team homes are 16% more likely to sell
#4 We’ve got more than 1,200 buyers in our Data Base looking for a home

To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910

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Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Open House January 30 Downtown Los Angeles 3 Bed 3 Bath Condo

Come January 30 to the open house at Bunker Hill Tower!
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Panoramic views 3 bed, 3 bath corner unit 1,697 sqft luxury condo Bunker Hill Tower. Floor-to-ceiling windows  Downtown Los Angeles skyline Hollywood sign Griffith Observatory. limestone flooring, modern kitchen, pro stainless appliances, updated bathrooms, granite 2 storage 2 deeded cov parking. guest parking, 24hr security front desk concierge, tennis courts, pool, hot tub spa, saunas, rec rooms. Includes utils electricity, A/C, heat, water, cable TV, Internet. Call Corey for help getting in (213) 880-9910. #dtla #condos
Buy This Home, I’ll Buy Yours*
Corey Chambers
(213) 880-9910

Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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