Tag: real estate market

Posted on

Los Angeles Real Estate Market Report June 2020

REAL ESTATE NEWS

The June numbers are in, and the DTLA area property market continues to flounder. The number of motivated sellers continues to rise. 10% more sellers listed their Downtown condos for sale. They’re in more of a hurry to sell the properties. Sellers are willing to take less money, selling for less than asking price, in order to quickly unload their homes. Fewer buyers are looking to buy the declining properties amid soaring city blight and California Exodus. #realestate #market

The declining numbers support previous reports of a falling urban property market in Los Angeles. 34 sellers attempted to sell their Downtown area lofts and condos in June 2020, compared to 31 last June. The median price fell from $639,000 in June of 2019 to just $567,500 in June of 2020 as reported by real estate data from Downtown and nearby neighborhood MLS areas 23, 42 and 1375. Sellers have been willing to accept 4% less of their listed asking price as panic prevails, seller motivation budges toward desperation, the unstable economy sinks, and big city living loses its luster.

How to Fall Up

Of course, declining prices can present an opportunity for prospective home buyers and investors. For now, most are opting for defensive positions, or even paralysis, a sign that falling home prices may continue.

Free Entar Coin fund is 40% gone. Get yours now. www.Entar.com

Growing opportunities include cheap gas stocks, along with new, efficiency-increasing, cost-reducing technologies like blockchain. 💰 The Entar Coin Faucet🚰 still has several hundred free coins left, so claim yours now while they are still available. #entar

Find out what the home down the street sold for

Find out how much your neighbor’s home sold for. Get a free list of homes that recently sold, along with prices, and a list of homes currently on the market. 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.

Posted on

Coming Stock Market Crash, Real Estate Apocalypse

Downtown Los Angeles Real Estate Apocalypse 2020
VIDEO

REAL ESTATE NEWS #stockmarket #crash

Coming Stock Market Crash | Blog Video

The next big stock market crash is coming, and the smart money is already ringing the death bell, according a report by the TEV Blog and SeekingAlpha.com. Not only are we in a crazy rally, but there are indications that the recession will last longer than some people think. There are also signs that the rally is not being driven by smart money at the moment. Amid a rogue stock market that is 100% disconnected from fundamentals, the influencers are beginning to focus on defensive positions, anticipating drastically reduced stock prices in the near future.

The current bull markets are being driven far too much by impatient small investors and optimists, according to SeekingAlpha.com. They also match the pattern of the Great Depression better than they match a typical recession. #realestate #apocalypse

Metrics Behind the Real Estate Apocalypse: It’s Just the Beginning & We Already Have Complete Losses https://youtu.be/n_4D2QstWTo

How to Make a Billion Dollars from the Current Market

The current fundamentals of the economy and stock market indicate one of the best short opportunities in history. The short bases are loaded, and ready for a grand slam for those who can pick out the biggest losers, and place a short order with a stock broker. First, read about some of the other greatest stock short trades in history. Will you be the next Jesse Livermore? He was the smart guy who made $100 million from the 1929 crash. That’s equal to $1.5 billion today — not a bad pay day from the greatest stock market crash in history.

Real interest rates are falling into the negative. Gold is at $1,800 and climbing while home prices tumble amid the greatest stock market decline in history, followed the greatest disconnected stock market froth in history, the greatest unemployment spike in history and the greatest GDP drop in history. An utter lack of capitulation before the fed-fed stock market rally is yet another sign of the perfect coming crash scenario — and the most ideal short opportunity in history.

Modern-day money maven, Reggie Middleton, proved himself to be an accurate oracle of cash after he accurately predicted Google’s meteoric rise over the last 10 years. Reggie astutely points out that recent unemployment claims are 10X worse than ever before in the history of this country. Retail is decimated, and cannot recover any time soon. The major mortgage derivative indices CMBX have had more than 1,000% spike in defaults. Offices are vacating. Independent restaurants and small retail are largely lifeless or empty.

Middleton reminds us that debt collateralized by real estate is absolutely affected by the destructive power of leverage. Unemployment spikes, the economy dwindles, more people seek to downsize, and credit shrinks as banks become more reluctant to lend. The prices of homes go down. The value of collateral goes down while defaults and delinquencies spike upwards. Supply increases as demand decreases, leading to a repeat of the 2008/2009 crisis.

HOW MUCH IS YOUR HOME WORTH?

Find out how much the home 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
Downtown Los Angeles Deteriorates

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.