One of the most frequent questions to the L.A. Loft Blog is: “What is happening with the real estate market in Downtown L.A.?” #justlisted #newhomes
The best way to answer that is that Downtown is experiencing a normal market. Normal for Downtown is exceptional growth. Prices are going up about 6% per year, which is normal for a transformational neighborhood that is receiving billions of dollars per year in new infrastructure, businesses, residences, shopping, restaurants, entertainment and transportation. While the LA Loft Blog has helped thousands of buyers, sellers, renters and landlords to prevent many common mistakes, many continue to make the same mistakes: Using out-of-area agents; and failing to take prompt, informed action. Since 2003, Downtown LA has been ahead of the curve. Previously known for its large homeless population and former blight, Downtown is now among the world’s greatest boom towns. Most have no idea that DTLA has generated more than 500,000 jobs. Nearly 100% of new residents, businesses and investors who make wise choices with the aid of local experts are pleasantly surprised by their outstanding results and windfall of wealth. By paying attention to this one very important principle, one can avoid the number one mistake in Downtown real estate: DO NOT UNDER-ESTIMATE DOWNTOWN LOS ANGELES.
Some exciting new luxury townhouse style homes are now under construction by the Downtown Los Angeles area. With Downtown views and park views, each town home has its own private garage and a private rooftop deck. Get details and request an early viewing of this and other exciting new homes. Fill out the online form:
LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]
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.