Month: December 2021

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Home Sales Slump Slightly. Prices Continue Rising

Prices continue to rise buyers are thinning out.

Around the Southland, the real estate market is leveling off slightly. A previous post picked up on this trend over the fall. While urban real estate prices are now shooting up, suburban home prices are not keeping pace with the year-to-year data from last year. New information from local counties bears this out. While prices continue to rise the increase is smaller.

Many economists predict price increases will get smaller from here on out. People simply don’t earn enough to consistently pay so much more for housing, they argue, particularly as mortgage rates are expected to rise. 

We see buyer frenzy is cooling off. We are seeing that now.

Although price drops are verified, most homes in some areas have been selling above asking recently, according to data from Redfin. And to be successful, many buyers still find they must waive contingencies that would let them back out of a deal if a house needs repairs, or if the appraisal comes in low.

Forecasting currently trails what we are seeing in the real world. And for now, prices across Southern California are rising much faster than what CoreLogic predicts will come next year.

#Sellersontop #entarissmart

What are your buying and selling plans this winter? #comment

Get current market information on DTLAlofts for sale and lease. Fill out the online form.

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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 with the information provided by Corey Chambers, Realty Source Inc, DRE 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 LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

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New Homes for the New Year – Los Angeles, Pasadena and Orange County Townhomes Coming Soon

Jasmine Walk by The Olson Company 8601 Western Avenue, Buena Park, CA 90620.

Sparking New Townhomes and Condos Under Construction Sneak Preview | Interest List

REAL ESTATE NEWS (Southern California) — New developments usually provide some of the most compelling residential real estate in SoCal. Near Knott’s Berry Farm, the Buena Park Mall and lots of other shopping, dining and entertainment, the Jasmine Walk community is a unique gated neighborhood, artfully arranged in this prized location. Engage your senses. Your contemporary lifestyle can bud, blossom and flourish in these three-story townhomes up to 3 bedrooms, 3.5 bathrooms.

To receive info in the free Entar Buyer Protection Package, get on the New Homes Interest List. Viewing appointment must be booked directly through the Entar New Homes preview department at 213-880-9910. This will help ensure the $25,000 Savings Guarantee, Extended 2-Year Warranty and Love Your Home Satisfaction Guarantee

Kickstart a new lifestyle! Step into the new take on modern at Nolin, the new townhome community taking shape and opening the door to all things fresh and contemporary in bustling Anaheim. This exclusive collection of 65 townhomes offers five distinct three-story floor plans ranging from 1,134 to 1,986 square feet with generous two-car garages. Green lawn spaces throughout the community boast barbecue areas, picnic tables, a dog park and a children’s playground. Take the family outside for adventures. Just steps from unique dining experiences, recreation, shopping and boundless entertainment. Convenience and excitement converge to create a new notion of home. Welcome to Nolin — where the possibilities are simply everything.

Live the High Performance Life! These High Performance Homes are responsibly designed to respect the planet—with money-saving innovation to stay healthier and more comfortable. Home automation technology supported by Apple® makes it easier to take on every day, and easier to be oneself.

Get on the New Homes Interest List to be notified of early tours and to receive an exclusive Savings Guarantee certificate. 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

Nolin by Landsea Homes 2953 Lincoln Ave, Anaheim, CA 92801

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 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 LALoftBlog.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.