As Los Angeles Real Estate Cools, Some U.S. Housing Markets Turn Ugly

Five days after the L.A. Loft Blog reported significant drops in condo prices around Downtown, Forbes has released a list of ugliest market areas.  The report pays attention to problems such as upside-down homes with negative equity, decreasing value and too many days on market.

States leading the way in real estate ugliness include: IL, NJ, VA, GA, MD, FL and CT.  Fortunately, California is not on the ugly list. While CA has its issues, home values remain magnitudes higher than the ugly states thanks to sunny weather, diverse economy and lifestyle.


Top Ten List

Alta Lofts 200 N San Fernando Rd #115 Open House Sunday 2:30 PM to 3:30 PM Bldg Preview

Getting ready for the big open house.  Here’s the preview video.:  #alta #lofts #losangeles #openhouse

The open house was a big success.  Final interior walk-through video is below.

Here’s the open house tour video of the 2-story 1,700 sq ft condo unit for sale:

http://www.AltaLoft.com

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.