Downtown Los Angeles Crime Rises Again, Property Values Drop

Amid six years of festering crime, Downtown L.A. home prices and commercial properties drop like flies. #la #crime The LA Loft Blog has been reporting nearly 24 months of falling urban home prices in the lofty neighborhoods in and around DTLA. Neighborhood walkability and value continues to be severely impaired by closed businesses and obstructed …

Downtown Los Angeles Real Estate Market Update July 2020, Home Prices Dropping in California

REAL ESTATE NEWS In July of 2020, the median sold price was $565,000. Compare that to July 2019 median sold price of $588,000. The price dropped by $23,000. This year, sellers were in more of a rush to sell. Downtown L.A. area urban lofts and condos sold in 57 days in July of 2019, but …