Downtown Los Angeles Income Property Real Estate Lease Market Report for November 2022

REAL ESTATE NEWS (Los Angeles, CA) — Are rent prices going up or down? Staying the same? Let’s take a look. According to the MLS statistics for Downtown L.A. and nearby loft neighborhoods 23, 42 and 1375, rents are rising substantially. Urban L.A. housing is getting more pricey: There were 61 lofts leased last November …

Downtown Los Angeles Real Estate Report November 2022

REAL ESTATE NEWS (Los Angeles, CA) — November was a repeat of October. The real estate market has dropped significantly compared to the same month of the previous year, according to several data points. Fewer home owners are trying to sell. Even fewer prospects are trying to buy. Homes are taking more than twice as …