Los Angles Real Estate Market: How Home Prices are Changing in 2020

REAL ESTATE NEWS

The Downtown Los Angeles real estate market has been sliding. Renters have been declining. Buyers have been stagnating. Sellers have been delaying. Home owners have been moving out of california. DTLA sees omen of fire sale and liquidation. Will it come true? #losangeles #realestate #market Check out the Chinatown Arts District.

How the Real Estate Market is Changing

The L.A. property market is coming down. Home prices have been falling for about 18 months in Downtown Los Angeles. We received reports that Pasadena was doing well, so we checked, and see that Pasadena home prices are falling. The Pasadena data that’s doing well is the number of homes sold, 289, which is 17 more homes sold than the same period in 2018. Pasadena lenders are doing better than ever because the number of transactions are up. Home prices are down 3% however, from $658,500 to $639,000. That’s a $19,500 drop from the same period in 2018. #pasadena | VIDEO

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Lofts For Sale

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Chinatown Arts District Downtown Los Angeles

Majordomo shows the way to modern industrial style restaurant conversion

REAL ESTATE NEWS

In the warehouse area of the north section of China Town, across the street from the Los Angeles State Historic Park stands a newly renovated innovative little industrial neighborhood that’s now the new home to the creative restaurant of blockbuster praise, Majordomo, along with the most stylish bar in Los Angeles, Apotheke. Modern production studios, epic street art and several other amazing venues join the re-invigorated Chinatown / Lincoln Heights industrial heritage of Brewery Lofts just about 3 blocks away, and Alta Lofts only 4 blocks. The area is somewhat of an extension to the Arts District of Downtown Los Angeles, which is only 2 miles away. The concrete and brick industrial buildings are adorned with some of the grandest street art. Many of the buildings have been recently fixed up and converted into restaurants, bars and creative workspaces. Take a look at this video to see a brilliant example of this energetic, productive modern community. | VIDEO

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Lofts For Sale
New discoveries of stylish L.A.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.