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Downtown Los Angeles — More signs appear that the strong housing market has begun to butt up against the bursting of a major economic bubble. The L.A. Loft Blog recently reported that December brought the biggest U.S. stock market drop, along with the slowest Downtown L.A. real estate market since 2008. December loft and condo …
Continue reading “Real Estate Market vs The Everything Bubble”
It’s the one word that real estate agents avoid like the plague! In economics, it’s a business cycle contraction when there is a slowdown in economic activity. Macroeconomic indicators GDP, investment spending, capacity utilization, household income, business profits and inflation fall, while bankruptcies and the unemployment rate rise. #distresssale #dtla It happens roughly every …
Continue reading “The R Word – Is It Happening to Real Estate?”