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Cooling Housing Markets in Las Vegas and Los Angeles Sellers Are Ready to Make a Deal

Cooling Housing Market Leads Sellers to make a deal.

Burr! It’s cold in here. The recent slow down in Downtown Los Angeles loft sales is showing up in the Las Vegas Desert Market of late. Higher inventroy and longer times on the market are common in both Los Angeles and Los Vegas.

Urban real estate cools. The Desert cools faster.

Desert areas’ real estate markets drop first. DTLA just finished cooling already during the virus hysteria of 2020/2021.

Las Vegas real estate market slows. News reports point out that the inventory has doubled in Los Vegas over this time last year. Sellers are more willing to negotiate.

Las Vegas inventory is shooting up. Expect longer selling times on the market, and fewer buyers.  Buyers who can be savy are likely to make a better deal.

See the full Story from Fox News in this link.

The interest rate for buying a loft is now around 6%. That means fewer buyers can qualify for the monthly payment. #interestrates #loftmortage

What sort of deal would you like to make now on a loft or home? Comment

Homebuyers and sellers: Get the answers you need. 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 the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. EAC22071302KT Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

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Real Estate and Cryptocurrency: Blockchain to Change the Way We Buy, Sell and Invest in Property

Real world applications for crypto blockchain extend to real estate.

Today it appears that crypto is “speed running” ownership, finance, and how groups organize and govern themselves—could real estate be next? What are some changes blockchain brings to Real Estate?

The entire landscape of the real estate is subject to changes brought on by blockchain technologies. First, blockchain real estate applications make real estate available to everyone with an interst, Secondly it is allowing for faster and more secure exchanges. Here is a quick reference to the ways blockchain tech can make real estate better

  • Online Markets With Trading Systems
  • No Need For Brokers, Agents, Red Tape
  • Real Estate Becomes A Fluid Asset
  • Blockchain Allows Ownership as a share
  • Automated Transactions using Crypto
  • Smart Contracts for Real Estate

For more details see the original story here at fortunebuilders.com

The sumary is that blockchain-based platforms could one day enable fractional ownership of real estate assets, making it possible for a wider range of people to invest in property. This could open up new opportunities for investment and help to democratize the real estate market. As people realize digital technologies spawned from blockchain, we believe that crypto blockchain technologies will begin to change the way we buy, sell and invest in property.

What innovative technology would you like see applied to Real Estate? Comment

Get the profesional guide to sell your home. Fill out this 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

Crypto technologies based on blockchain bring democracy to the real estate market place.

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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. EAC22071102KT Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.