REAL ESTATE MARKET NEWS DOWNTOWN LOS ANGELES
Q: When should I buy a condo in DTLA?
A: If you’re living for free in your parent’s basement, then consider waiting a couple more years for prices to bottom out. If you’re paying high rent, then right now may be the best time to own a loft or other home.
For answers about real estate market timing for urban Los Angeles real estate, 
you’ve found the right place. With all of the good and bad, pros and cons, home prices and pitfalls, the L.A. Loft Blog is the authority of Downtown Los Angeles residential real estate. Local real estate prices have come down about 4% over the past year. We expect prices to fall another 8% over the next two years. While nobody can provide an exactly correct prediction, our projections indicate an overall median price drop of $60,000 for 2019 to 2021. The average DTLA renter is spending more than $90,000 on rent over that same period. Now that low interest rates and down payments of 0% to 2% are available, it’s most cost effective to purchase for those who are planning on staying put in a Downtown condo for several years. More local real estate market information is at https://www.laloftblog.com/?s=real+estate+market
Q: What is the availability at Ostrich Farm Lofts in South Pasadena?
Ostrich Farm lofts used to be a real live ostrich farm. Today, it’s nice, big, quality loft condos in a quiet environment with cleaner air and convenient location between Pasadena and Downtown Los Angeles. Details at www.OstrichFarmLofts.com
Q: What are the prices at Harbor Lofts in Anaheim?
Harbor Lofts is one of two popular, large loft communities in Anaheim. The other is Stadium Lofts. Details at www.LoftAnaheim.com
Q: 5G DTLA – Is the next generation of cellular and mobile wifi data service available in Downtown Los Angeles?
It looks like 5G Home is available around Downtown Los Angeles. The L.A. Loft blog is excited about the super high speeds, but has also reported how many doctors warn of the untested dangers of 5G signals. Since we can’t avoid the potentially dangerous microwave-like signals, we might as well take advantage of it and get a free year of Disney+ from Verizon. Report: Bees Drop Dead Around 5G Tower | MORE
Q: Companies located in Downtown LA
The L.A. Loft Blog provides a Downtown Los Angeles Directory. It lists DTLA Businesses and Organizations:
Downtown Los Angeles Directory – List of DTLA Businesses and Organizations
FIND OUT HOW MUCH THE NEIGHBOR’S LOFT SOLD FOR
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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.
