Downtown Los Angeles Real Estate 2020 Year in Review and 2021 Forecast

Transients come and go as they please, easily traversing impotent, new $80,000 condominium gates.

“I can do whatever I want because this is the ghetto.” — Trespasser at Alta Lofts

Today’s quote by a transient woman sums up the year of 2020, as LAPD no longer enforces most laws and crimes that may be connected to homeless persons. This comes just two days after a security guard was held up at gunpoint across the street from the same condominium building, and just weeks after a real estate agent was another armed robbery victim in the nearby neighborhood of Highland Park. Now surrounded by homeless encampments, lofty industrial and commercial neighborhoods around Downtown Los Angeles and Lincoln Heights are immured by bands of derelict motorhomes, tents, trash and exploding crime. | Blog Video

Like other big city blight issues that were already worsening over the last several years, the rapid escalation of crime has been recently turbo boosted in 2020 by virus hysteria and draconian lockdown. Middle class Angelenos are today encouraged by politicians and social media to ignore dissenting doctors, and instead, to snitch on their neighbors in exchange for financial rewards. Big cities like Los Angeles today embody the same one-party radical social and political environment of censorship, propaganda and fear that enabled NAZI Germany, Stalin, Lenin, Castro, Mao and Pol Pot to kill 100 million innocent men, women and children. With luck, Los Angeles will only suffer much fewer tragedies over the coming years. Perhaps LA. will merely have to survive as a STASI nanny culture, with the majority of deaths occurring elsewhere. Many thousands are not sticking around to find out how bad things can get. The California Exodus is accelerating.

The Loft Blog shall be releasing the December DTLA real estate market report in the coming days. The numbers will likely show a continuing drop in property values, which does not bode well for big city real estate in 2021.

Find out how much your neighbor’s loft sold for. Get a free list of recently sold condos, along with a list of homes currently listed for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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A dark winter for DTLA. An omen for a declining new year?

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

Placing an Offer Before Seeing the Property

Advanced strategies deliver the best deals. #realestate #deals

HOME BUYING TIPS AND TRICKS | Blog Video

There are several reasons that a home buyer or renter would place an offer before looking at the property in California. The main reason to place an offer before seeing the interior is if the prospective buyer or renter is unable to get in to see the property promptly. This could be either because they cannot reach the seller, the buyer is out of the area or they are having trouble connecting or matching scheduling calendars. Placing an offer creates several advantages for the prospective buyer or renter. In California, the listing agent is required to give any and all offers to the property seller or landlord promptly. This ensures that the buyer or renter will not be easily ignored. It allows prospective buyers to get the foot in the door. The gives an insurance policy that the listing agent will not ignore the offeror. A higher offer helps to get priority for obtaining that property, while a low offer can actually help to apply pressure to reduce the price. Aggressive home buyers and renters will outperform their mild and meek competitors, and there is usually little or no risk to placing an offer early. Purchase offers include several contingencies, while rental applications are usually not considered a firm offer until a lease is signed with payment. One caveat: Make sure you know who you are dealing with. Do not send any money or personal information to anyone who is not available to talk on the phone.

The best deals go quickly. Using advanced strategies like sight-unseen offers and unsolicited offers helps to benefit the buyer or renter above the average Joe in the competitive California real estate market. Get a free list of the best deals in Los Angeles real estate. 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
The best deals go quickly. Use advanced strategies and tactics to get that special place.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.