L.A. Loft Blog

As China puts the brakes on overseas investment, Los Angeles’ development boom takes a hit, according to the Los Angeles Times. #dtla #realestate

Metropolis New Condominiums For Sale — Courtesy Los Angeles Times

REAL ESTATE NEWS

China and its government-owned companies have decided to reduce investment in United States real estate. This is having a big effect on Los Angeles new construction condominium home prices and availability. In fact, Chinese real estate investment in America have peaked in 2014, and is down substantially from 2017.

That’s ok because Time says that Ellen Degeneres has been making up for it pretty much all by herself, buying and flipping $145 million in properties.

Get a free list of new homes under construction around Downtown Los Angeles. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/z809dha1yg6zro/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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.

EVO is an impeccably modern residence rising 24 stories above Downtown LA. Its 311 couture condominiums are the meticulously designed with some of the most advanced architectural building in the city. One of the largest unit in the building offers stunning view from 19th. floor 2 bed, 2 1/2 bath, Bosch Stainless steel appliances, wood floor, modern custom roller shades, Caesarstone counters, laundry room, glass windows through-out, balcony with sitting area and extra storage is included. HOA offers, 24/7 full concierge service, pool, gym, kitchen area with grill for entertainments.Walking distance to LA Live, Staples, Whole Food, many famous restaurants…
#EVO #Loft

People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.

The Census Bureau recently released their 2018 first quarter median rent numbers. According to their report, here is a graph showing rent increases from 1988 until today:

When Is a Good Time to Rent? Not Now!

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line
One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

Living in Downtown LA is a very appealing prospect for many people in the arts and it rivals the silicon beach for tech start ups looking for an appealing place to call home. Keep an eye out for your perfect Perch by filling out the New Lofts online form.

<a href="https://laloft.wufoo.com/forms/zc5rxg117axh2s/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Author: L.A. Loft Blog

Chinese U.S. Real Estate Investment Down

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