Tag: condominiums

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SOLD Downtown Los Angeles Luxury Highrise Condos

Congratulations to Genine Francis for selling a 2-bedroom, 2- bathroom Bunker Hill Tower high-rise condominium unit with some of the most dramatic views of any Downtown Los Angeles residential real estate.  #sold #dtla

Genine loved her beautifully updated corner unit, but decided to move so that she could be closer to her family. Because she had many responsibilities to attend to, she preferred that the home be sold with an absolute minimum of hassle, and for a sufficient amount of money.

Some sellers are not sure about the economy.  Some Downtown condo prices have been falling since Fall of 2018. The universe has been making it pretty clear where we are headed. In past similar falling markets, sellers lost money when they chased down prices instead of getting ahead of falling prices.  The seller saw some articles about how new economic strain means that power is shifting to buyers as buyers gain an edge in a property market that may already be heading down.
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Bunker Hill Tower was in the doldrums, with only 4 successfully sold out of 10 units listed in the past 6 months. Only small units had sold in a building where there had been no 2 bedroom and no 3 bedrooms sold in the last 6 months.

Thanks to the use of a database of more than 4,365 home buyers, and a special relationship with several agents who have been the most successful at attracting buyers to the building, Genine’s condo went into escrow in within a few weeks, and sold 62% faster than the competing comparable 2 bedroom in the building. #luxury #condos

Congratulations to Genine as she moves to a new chapter in her life.

Find out what the home down the street sold for

Find out how much the loft down the street sold for.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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. Name and reason for move have been changed to protect privacy. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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Sold Downtown Los Angeles Lofts and Condos – How Home Prices and Tactics are Changing

REAL ESTATE NEWS

(Downtown L.A.)  The local, urban home sale real estate market has changed, and is now beginning to separate into winners and losers. What have buyers been snapping up recently in Downtown L.A?  Which properties have failed, and why are so many now failing to sell?

First, it’s always helpful to know what home buyers are doing successfully.  Here’s a 2-bedroom, 2-bathroom with dramatic view that just went into escrow in only 19 DAYS —  that’s 75% FASTER than comparable nearby units!  #dtla #realestate #news

 

The shocking news about Downton real estate today is the surprising low success rate.

Why Downtown L.A. Real Estate Now Has a 73% Failure Rate

What makes a home sell much faster, for more money and with less hassle than other homes that sold recently?  It starts with the main reason for most successful outcomes —  determination.  Many home sellers don’t know that many home sellers have not succeeded as the market has changed to a buyer’s market.  Out of 609 recent Downtown listings, only 173 sold.  That’s only a 28% success rate.

When a seller has decided that they’d like to sell the home for sure, and they need get top dollar for it, simply following last year’s rules no longer works.  The home must be sold the right way for today’s real estate market. Buyers are no longer lined up out the door.  The seller must now make smart choices in order to achieve success in the desired time frame.

The recent success story above reveals a focus on getting more money, selling the home faster, getting it sold with near 100% certainty, and, most importantly, relying on a proven database of buyers. Numerous failures occur because too many rely on old news and old methods to sell a property in a real estate market that moves quickly, and changes faster than ever before.  When a loft or condo absolutely, positively must sell quickly, for more money, sellers must use the most proven system for success in today’s Downtown real estate market.

Find Out What Your Neighbor’s Loft Sold For

Find out what the home down the street sold for

Get a free list of recently sold homes, with photos, descriptions and prices.  The list also includes active listings of homes for sale. Also available by request is a list of off-market homes, pocket listings and unlisted homes for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.