Downtown L.A. home prices continue to rapidly recover
REAL ESTATE NEWS — The preceding two months delivered dramatic news — a sudden leap in Downtown L.A. residential property prices. Does December corroborate the giant leap in urban L.A. home prices depicted in our October and November reports?
2020: 29 sold, Average Days on Market 88, Median sold price $550,000, $607,668 Avg
2021: 45 sold, Average Days on Market 57, Median sold price $630,000, $723,544 Avg
Last month saw 55% more Downtown homes sold, average home sold 65% faster, for $115,876 higher sold price on average, based real estate professional Multiple Listing Service for Downtown and nearby loft neighborhoods MLS areas 23, 42 and 1375. We can clearly see that December has corroborated the substantial recovery that the Loft Blog reported in October and November of 2021. | HOW MUCH IS MY HOME WORTH?
Downtown Los Angeles Real Estate Year in Review 2021
REAL ESTATE NEWS (DTLA) — As throngs of duped vaccinated and their forged-document-carrying brethren prepare to enjoy the New Year’s Eve parties to close out the year 2021, and to enter the new year 2022, we suddenly remember the key events and themes of the annum, and plan for a better year ahead. 2021 is best characterized as a continuation of the startling virus hysteria and lockdown of 2020, chiefly marked by fear, panic, over-reaction and exaggeration of a bad cold virus. The Loft Blog was one of the first level-headed publications to seriously question tyrannical thinking, and to point out the falsities and mass formation psychosis that have motivated and enabled tragic mistakes of the last two years. Now, it’s time to turn tragedy into triumph.
Last year’s holiday season between 2020 and 2021 saw crime skyrocket in Downtown and throughout Central Los Angeles. What a challenge! With very little law enforcement work being done, the lives of L.A. residents are now in jeopardy every time they walk to the store, to church or to school. Women and children are at particular risk as pedestrians are all too frequently mowed down by hit-and-run drivers, while an almost zombie apocalypse-like attack of violent mentally ill, felons and gang assailants plague the streets of Los Angeles with a nearly continuous wave of assaults on innocent pedestrians, who are forced to walk onto un-patrolled streets because thousands of sidewalks are blocked by tent encampments and refuse. There’s much room for improvement, a need for a miracle!
Crime, stagnation and inflation gripped the city, masked by disinformation, abetted by a cadre of radical left politicians and their comrades at the biased Los Angeles Times. That’s the bad news of the last 12 months. The new year brings in the good news, the refreshing future.
Amazing modern condos in Los Angeles take off! — leaping in price $100,000 in just the last few months — still historically low in price compared to recently over-bought suburban single family homes, new developments and new construction offer great value and fresh, shiny, sparkling technology and the latest creature comforts for the most enjoyable and most convenient living. Modernized historic lofts in cleaner, safer neighborhoods provide the best of all worlds because character and creativity of history combine magically with the most sensational ideas of today and tomorrow. Here’s an offer for a quick, easy way to find the most wanted, to land the most sought-after lofts for lease.
Announcing the highest level loft tour in Los Angeles. The remarkable L.A. Loft Top Level Tour instantly gives you priority customer service and support, priority appointments and private viewings; exclusive all-access to agent listings and non-agent properties, all property types (lofts, condos, apartments, houses and special types), compare choices in all Los Angeles Area neighborhoods; revolutionary access to unadvertised bargains that are not on the internet; price and terms negotiation with $600 savings guarantee. $295.00 includes 100% Satisfaction Guarantee, so hurry and fill out the online form:
