Category: home worth

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Home Ownership 2022 / 2023: Why Home Owners are Sitting Pretty

REAL ESTATE NEWS (Los Angeles, CA) — As the Federal Reserve hikes interest rates to a more historically normal level, we’re hearing and seeing fewer prospective home buyers in the Greater Los Angeles Area. Residential real estate prices today are near all time highs. Rents are also around all time highs. What many are not aware of is that home equity is also near all time highs, according to Money.com. This, along with relatively full employment and fairly normal financial condition of households (except for inflation), means that most home owners have no pressing reason to sell. Because home ownership and home values grow from inflation, today’s home owners are in an advantageous position.

While today’s lower number of transactions is sad for many real estate agents who were making a killing last year, the current situation is good news, favorable for the average home owner. Some home prices have dropped, but these are just the few who must sell quickly for personal reasons or out of their own decision to panic during a crashy stock market season. Even if inflation were to be quickly eradicated, which is not happening, most home owners would prefer to watch and see rather than engage in panic selling. As the Loft Blog projected, home prices are not massively plummeting any time soon, so long as inflation continues to apply upward pressure on most prices. Landlords and investors are doing well, as are most other residential property owners.

How much is your home worth? 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.

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Los Angeles Lofts are Worth More | Sell a condo AS-IS. Pay no fees.

REAL ESTATE NEWS (Los Angeles, CA) — Selling a loft, condo or house AS-IS with Zero Fees? Today, there are a significant number of home owners who are relocating, downsizing, inherited a property, experiencing a significant financial or other life event, offloading a rental property, or are just curious about this being a good time to sell. Some homes have never been updated, some need repairs, some have no recent updates, while others have been recently updated.

Prospective home sellers can get more offers, better, faster offers, even obtain an offer within 24 hours GUARANTEED. Sellers can move on their own convenient timeline, without getting repairs, cleaning or many showings. Best of all, home sellers can also have a choice of getting about $50,000 to $100,000 more than what would be offered by a hasty ibuyer.

Find out how much you can get for your home, and how fast. 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, 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. Seller must choose between a no-fees ibuyer (who does not represent the seller) and full-service, licensed real estate broker who represents the seller. 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.