What Happened in 2018
REAL ESTATE NEWS: Like most of the USA, Downtown Los Angeles experienced a noticeable cooling of the real estate market in 2018, ending with the biggest December stock market stumble since 2008. #2018 #yearinreview
After The Party’s Over
Downtown L.A. has experienced a lengthy real estate boom since 2012. A plateau began to form in 2016. A significant cooling began to take shape in the middle of 2018 as local real estate professionals began to report that the number of prospective Downtown home buyers has dropped of dramatically.
What to Expect in 2019
The L.A. Loft Blog concurs with the mainstream media about an impending recession, slowdown or plateau of the U.S. economy in general caused by long term cycles and rising interest rates. #2019 Here’s the good news:
Making the Most of a Sideways Property Market
Check out the wealth building tips and tricks to profit from in and outside of the shifting real estate market, including economic expectations, challenges and non-real estate opportunities worldwide. | MAKING THE MOST OF IT
Of course, DTLA real estate is the best place to begin picking up some good deals with a very bright future. Get a free list of the best deals in Downtown Los Angeles real estate. Fill out mthey online form:
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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.