Worse Than the Great Depression

REAL ESTATE NEWS — Collapse! The economic shutdown may kill or seriously debilitate millions of otherwise healthy persons, largely children. The IMF International Monetary Fund has warned of this, as have many other economists, who are being largely ignored due to corona-panic. KPMG Chief Economist Constance Hunter warns of the shutdown’s resulting catastrophic job losses, …

March Home Prices Drop $35,000 in Downtown Los Angeles

REAL ESTATE MARKET UPDATE #homeprices #losangeles The March 2020 numbers are in, and we are not surprised by the statistics. We expected to see an apocalyptic dive, and we see a substantial dip indeed. The market moved briskly, as the number of sold property listings shot up from 33 sold in March 2019 to 56 …