Month: March 2019

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Mortgage Interest Rates Hit 52-Week Low – Fed Lowers Economic Forecast

REAL ESTATE NEWS

(Downtown Los Angeles)  —  The buyer’s market is in full swing as the Federal Reserve communicates that it doesn’t plan to raise interest rates for the rest of the year.

The signal is quickly sending mortgage rates lower. #mortgage #homeprices  #dtla

The average 30-year fixed rate mortgage has dropped to 4.34% from 4.4%, taking it to a 52-week low, according to Mortgage News Daily. That could be the shot in the arm the housing market needs to get out of its current lull.

After the Fed also lowered its economic forecast, however, it’s questionable whether or not consumer confidence will be strong enough to realize a boost in home sales.  The Fed appears to be following the same policy of diminishing effects, whereby the Bank of Japan caused decades of painfully slow economic growth, accompanied by prolonged stagnation of real estate.

Find out what the home down the street sold for

Recently Sold Downtown Lofts Request

Get a free list of recently sold home prices, along with a list of currently active for sale listings.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.

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Mills Act Live/Work Lofts Recently Sold – Free List of Historic L.A. Homes with Tax Benefits

REAL ESTATE NEWS

(Downtown Los Angeles)  —  When considering the purchase of a Downtown Los Angeles loft, it’s aways very helpful and valuable to know what other home buyers and sellers have been doing lately.  #millsact #loft #dtla

Here’s an update on exactly what’s been happening with the  L.A. urban real estate market over the last few months regarding historic lofts with property tax benefits. No matter what the property market, it’s always nice to get paid to live in an amazing open space with inspiring character, high ceilings and large windows with lots of natural light.  It’s no wonder that so many loft blog readers love the idea of saving thousands of dollars every year by helping to maintain these timeless architectural treasures.   RECENTLY SOLD

Get a free list of Mills Act lofts. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.