Month: June 2022

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Downtown Los Angeles Real Estate Market Report | Prices of Today’s Pending Home Sales

REAL ESTATE NEWS (Los Angeles, CA) — What’s really going on with lofts and condos around here? For a real, accurate revelation of the whole truth, here’s a look at exactly what Downtown L.A. home buyers and sellers are transacting right now. Many are unaware that DTLA property values are quite low today in comparison to long-term historic trends, urban home prices are low in comparison to suburban prices and very low when future runaway inflation is accounted for. Take a look at what properties are currently trading hands. Below is a link to twenty of the most typical urban LA properties under contract, representing what is in escrow at this very moment: | PDF

PENDING DTLA HOME SALE TRANSACTION REPORT:
https://www.themls.com/Share/YWFiZ2VjZGZi

Get a free list of live/work lofts in Los Angeles. 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 with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. 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. | PDF

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Good News in the Downtown Loft Market: Spring has Sprung

This 2022 spring and summer sales picture is looking better than last year according to new data

Downtown LA real estate is making some positive improvements. According to data from Redfin, DTLA homes are selling sooner and faster than they sold in the same period last year. And more units are selling. Also, prices are down. Over the last few years, so much uncertainty froze the market. This 2022 Spring-Summer sales period is full of welcome news for buyers and sellers alike. Sellers can see a path to make a sale happen and buyers are looking forward to finding affordable lofts. The Loft Blog’s latest numbers differ significantly from Redfin’s. Take a look at the updated L.A. Loft Blog Real Estate Market Report May 2022, which shows more evidence of stagflation.

Arroyo Insurance
HAPPY PRIDE MONTH FROM The L.A. Loft Blog and Arroyo Insurance

One unit that LALoftBlog was listed during the slowest period appears to have found new interest from buyers and renters after going off the market due to lack of interest. See a video tour here. Congratulations to the lucky resident in the Little Tokyo Lofts! #affordablelofts #DTLA

Do you feel confident about selling or buying in DTLA? Leave a comment here.

Looking for an affordable Downtown Los Angeles Loft with real character? Fill out this 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 with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. EAC1983 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.