Downtown Los Angeles Lofts and Condos Not Selling

L.A., We Have a Problem!

Of 437 local area listings in the last 3 month, only 149 have sold. That leaves 288 unsold properties. More and more of them will be taken off the market, as sellers decide to hold out and wait for higher prices in the future.

The reason: Stagflation. The economy is crashing worse than ever before, while prices are rising the fastest in 40 years. The Federal reserve raising interest rates is causing a lack of interest in major purchases, this is especially true or lofts near Skid Row. Skid Row and nearby neighborhoods have been all but abandoned by the local government. This is causing crime to remain out of control. Little Tokyo shopping promenades are suffering from attendance and fewer sales as homeless and criminals scare away and assault would-be shoppers. More Loft Blog readers are asking to see lofts and condos that are not in Downtown. That article will be posted in the coming days.

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REAL ESTATE AGENTS WILL MAKE $100,000 MORE THAN LAST YEAR GUARANTEED, OR WE’LL PAY THE DIFFERENCE. Agents should check out the high-level career with leads provided.

This above paragraph is a sneak peak at the new jingle for a planned potential upcoming incorporation and launch of the trillion dollar real estate company of the future, called Entar. Plan to see more and more mention of Entar on the Loft Blog because Entar shall possibly be formed into the parent company of the Loft Blog in the future. The good news is that Loft Blog readers can already take advantage of the new technology and new services today. The results is that DTLA lofts, condos and houses sell 44% faster, for 2% more money, and less hassle. Home buyers are guaranteed to save $25,000 when buying a loft, condo our house. Twice as many lofts for lease in Los Angeles with the Top Level Tour.

Find out how much your neighbor’s loft sold for. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 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.

The King’s Real Estate: What Properties Did King Charles III just Inherit from Queen Elizabeth?

Castles galore go to the new king of England (A.I. artist rendering)

REAL ESTATE NEWS (Los Angeles) — In our team’s experience, some of the best, easier real estate clients to deal with are deceased. They don’t argue, and they tend to be very giving. For Queen Elizabeth, this is especially true. Her son, King Charles, while certainly grieving the loss of his beloved mum, has won some consolation prizes of consequence. Some have underestimated her wealth at just $500 million, but this is a drop in the bucket. The figure does not begin to include all of the royal assets, including vast lands, businesses and investment trusts now under the king’s control in 7 countries, countless family jewels, art collections, goodwill and brand value. In 2017, the monarchy’s brand was valued at around USD 88 billion by valuation consultancy firm Brand Finance.

In addition to 6 castles throughout the U.K., and many properties in he U.S., Charles has gained the largest real estate collection in the world, from the woman who was very much the wealthiest woman in the world, altogether worth more than $2 trillion. Chuck gets it all — with no inheritance tax. Here are some of the new king’s most famous digs:

Buckingham Palace — To most, 5 bedrooms or 10 rooms total is quite a bit. The royal family headquarters has 775 rooms.

Windsor Castle — The country home of the royal family is no cabin. It’s the world’s largest occupied castle, with 1,000 rooms on 17 acres of land.

Holyrood Palace — The official royal residence in Scotland

Balmoral Castle — The summer home where Queen Elizabeth passed away, her favorite residence.

Sandringham Estate — Passed down from Queen Victoria, this private residence features races horse stables and a hunting lodge.

We’ve heard that Meghan Markle has a nice pad in Los Angeles, but we could not track down it’s true location or size due to conflicting and missing information. If you know where Meghan and Harry are living, please let us know royaldigs@entar.com

More castles of the royal family

While not as sprawling as the royal estates, urban Los Angeles has some impressive condos roomy enough to stretch out, and walkable to some hip spots in the creative capital of the world, Los Angeles. Get a free list of the best luxury properties 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 | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

King Charles III now world’s largest landlord — Hip, Hip, Hoorah!!! (A.I. artist rendering)

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 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.