February 2016 – Page 3

The average selling price in Downtown Los Angeles has recently topped $645,000. For that investment, a buyer can get about 909 sq ft on the 9th floor at the historic Rowan Lofts Building or around 1,010 sq ft on the 6th floor at the newer Luma Lofts Building.

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Request a free hotlist of upscale lofts and condos in Downtown Los Angeles at www.UpscaleHomesLA.com, visit http://www.lacondoinfo.com/gc_upscale or fill out the online form:

Movin on Up in Downtown! Check out the Goldblum Superbowl ad shot in Downtown:

<a href="https://laloft.wufoo.com/forms/z1xgigyh1skss8c/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

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

Copyright © 2016 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 necessarily associated with the home owner’s association, seller 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.

While more people are moving into Downtown than moving away, there are those who prefer to sell when they are sure that the price and equity are at a healthy level. Many loft owners in DTLA are able to move up to a larger loft, while some others are having kids and want to move to a highly esteemed school district area in the suburbs.

The L.A. Loft Blog, the authority on Downtown residential real estate, receives real-time market data and feedback every day. Based on that large quantity of first-hand observations and real estate market service data, the true nature of the Downtown real estate market is normal and near middle of the cycle. That means that it makes sense for both buyers and sellers to make a move now if they prefer to move during a safer, more typical real estate market cycle. That being said about market timing, Downtown Los Angeles is anything but a typical real estate market. During the most recent cycles, Downtown performed better than the average U.S. neighborhood and better than the average California neighborhood during both the up cycle and down cycle because DTLA has extremely fast growth overall.

Here some recent articles that discuss whether or not now is a good time to sell a home:

When is the Right Time to Sell Your Home?
http://www.csmonitor.com/Business/Saving-Money/2016/0223/When-is-the-right-time-to-sell-your-house

Now I Get It: When to Sell Your Home
http://finance.yahoo.com/news/now-i-get-it–when-to-sell-your-home-225837862.html

The Best Times to Sell Your House
https://www.nerdwallet.com/blog/mortgages/the-best-times-to-sell-your-house/

Sales of Existing U.S. Homes Rise Rise to 2nd-Highest Pace Since 2007
http://www.newsmax.com/Finance/Economy/homes-sales-housing-economy/2016/02/24/id/715832/