Home Prices Drop, Appraisals Down in Los Angeles

REAL ESTATE NEWS

(Downtown Los Angeles) —  The price of a typical home in Los Angeles fell to $579,500.  #homeprices #losangeles

Home sales in December and January were the lowest for the months since 2008. The real estate data tracker finds that Los Angeles County’s median home price was $579,500 in January, down slightly from December’s median price of $581,500.  Year over year prices were actually up a bit, showing a moderate taper in real estate overall.  Interest rates fell last week to the lowest level in a year.

Home appraisers report that they have been dropping the appraised values of many homes.

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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.

Telestron Row DTLA – Free Light Show at Downtown Shopping Center

REAL ESTATE NEWS  —  Downtown Los Angeles continues to get more exciting every day as new creative ideas become reality.  #telestron #rowdtla

The free Telestron robotic light show is sure to draw a crowd to the Arts District / Fashion District shopping center Row DTLA. Immersive installations are a dime a dozen in Los Angeles lately, but a pair of polyhedron-twirling robot arms that bathe a raw space in haunting light patterns? Well, we’ve never seen anything remotely like that before. The brilliant fun starts Friday March 22.

Row DTLA retail stores and restaurants center also has workshops, fitness classes, festivals, sample sales, food trucks, popups, art exhibitions and Smorgasburg Sundays. The high-end shopping/restaurant area stands in the middle of the gritty industrial downtown neighborhood. An interesting collection of shops and restaurants also has a special Sunday food market from the morning to 4 pm. Many find it to be a really nice, relaxing area. Because it’s gated, it’s also a great place to bring the entire family. The parking lot is big, with the first hour free, or 2 hours free with store validation. On Sunday, it’s 2 -hour free parking.

This former industrial complex is still an active place of fruit & vegetable wholesale. This hidden gem offers lots of trendy retail, including a good wine shop.

Row DTLA is located near all of the favorite Arts District and Fashion District live/work loft buildings and condos.

Telestron details at:

https://rowdtlaevents.com/event/vt-pro-telestron-and-gmunk/

Before the official start, Telestron says it also has some early activities on Wednesday 3/20 and Thursday 3/21:

https://www.timeout.com/los-angeles/things-to-do/telestron#tab_panel_3

Get a free list of Arts District live/work 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 | PopularLuxury
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.