Downtown Los Angeles Lofts and Condos Not Selling

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, …

Downtown Los Angeles Summit of the Americas Snarls Traffic, Exposes Embarrassing Dangers

REAL ESTATE NEWS ( Downtown Los Angeles, CA) — The Summit of Americas brings traffic, road closures to Downtown LA. Barricades, road closures and snarled traffic combine with homeless tent cities, an explosion of violent crime, skyrocketing fuel prices and runaway inflation. Amid all this, a convention center full of politicians. President Biden promises to …