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 long to sell. Homes are selling for significantly less, and there are far fewer home sales being transacted.

2021: 34 listings; 18 Days on Market; $733,500 Median Price; $817,205 Average Price; $27,785,000 Total Volume

2022: 17 listings; 49 Days on Market; $650,000 Median Price; $756,040 Average Price; $12,853,000 Total Volume

These numbers are based on statistics from TheMLS for Downtown L.A. and surrounding loft neighborhoods of DTLA, Lincoln Heights, China Town etc.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.

Corey Chambers Real Estate Newsletter November 2022 — The SoCal Home

The Giving Back and Paying It Forward Real Estate Newsletter
Thank You!

The month of November brings about an extra opportunity to say Thank You for being a valuable part of our business. As most begin to prepare for the Holiday season, plan Thanksgiving get-togethers and the like, it’s easy to become wrapped up in all that we have to do to ensure a fun, joyful time for all we are responsible for — while overlooking all that we have to be thankful for. Gratitude, though, is a contagious attitude!  |

Unfortunately, many homeowners are desperate to exit their current homes. Actually, loathing this time of year adds to the frustration of not being settled for the Holidays. You may know someone or a family that fits this description. 

Here is where you and I can HELP! 

AND remember
 YOUR referrals help the kids.

Therefore, our Mission is to Go Serve Big!!! Serve you, serve those you refer to us and of course, serve a great cause.

As a result of working with many families over the years, we have developed a unique program to help the homeowners wanting to make a move and Sell Fast, For Top Dollar, and with the Least Hassle! 

For November, we will guarantee, in writing, the sale of an area home for 100% of Market Value, or I will Pay the Difference. 

I know there is some risk on my part to make such an incredible guarantee like that. Still, we sell just about every home we list for the market value price, sometimes even more. So there is no reason for area homeowners, your friends, and your family to fret about selling right now. 

This is where you can help! 

If you or anyone you know is considering making a move, we offer them a FREE Consultation. We will show them in this No Obligation to Move Consultation how they can make their move. Thus, allowing them to get what they want and do it with the least hassle. 

Just like we are thankful for you and your business, I am confident your referrals will be thanking you for steering them in the right direction on getting their home sold!!! 

AND remember
 Your referrals help the kids. 

#CHLA #referralshelpkids

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Your referrals help kids!

We are still boldly on a mission to raise $25,000 for Children’s Hospital of Los Angeles this year, and we are getting close! We do this by donating to them a portion of our income from homes we sell. As you know, CHLA does AMAZING work in helping kids fight through and survive life-threatening diseases like cancer, Non-Hodgkin’s lymphoma, leukemia, and others. They also lead the way in many other fields. 

They can provide this care and keep patient costs to a minimum due in large part to and Donations and Sponsorships. We are proud to be an official sponsor of Children’s!

Why I support ChildrenÊŒs Hospital, Los Angeles

Corey Chambers serving the community thanks to your help.

I grew up in the Greater Los Angeles Area, born in Los Angeles County at St. Francis Hospital. When I first heard about a young person close to our family suffering from a serious disease and getting treated for that at Children’s Hospital Los Angeles. It was then that I began to pay closer attention to the work they do at that hospital. Since then, I have learned that it is a collection of hard-working health care professionals, most making their home right here in the Los Angeles area, all coming together for a common cause. That cause is to help young people overcome unfortunate health issues that life sometimes throws our way. Being a Los Angeles Area California native, I take pride in supporting in a way that I can do the good work these people do at Children’s. My team rallies around our annual goal of raising money and donating portions of our income to help Children’s in their quest to heal young people when they need healing. My team and I are committed to providing outstanding results for buyers and sellers referred to us by our past clients. I have discovered that Children’s Hospital Los Angeles shares a similar commitment to their patients. And since their services survive on sponsorships and donations, we are happy to contribute and proud to support them.
Sincerely,

Corey Chambers

*seller and Corey must agree on price and time of possession. Broker, CalDRE#01889449

A real estate company with experience, proven results, and a give-back philosophy! 

Over the years of helping many families sell their homes and/or buy another, we have met some wonderful, loving, caring people. People like you! So your referrals can rest assured that not only will they get the award-winning service we are known for and the guarantee to back it up, but that a solid portion of the income we receive will go toward helping the kids.

Refer your friends, neighbors, associates, or family members considering making a move

You can go to www.ReferralsHelpKids.com and enter their contact info online or forward the link to someone you know considering a move. 

Of course, you can always call me direct as well at 213-880-9910 

Ella and her family moved from the East Coast to Southern California in search of the best treatment for high-risk neuroblastoma—and found it at Children’s Hospital Los Angeles. By Sara Jones

A Lifesaving Move for Ella

Ella was just shy of 2 years old when she became a big sister. It was May 2020—still the early days of the pandemic—and her grandma had flown from Arizona to Virginia to spend time with the new family of four.

“We were getting ready to take my mom back to the airport,” says Ella’s mom, Megan. “It was literally three weeks after I gave birth to Francis. My mom was giving Ella a hug and she felt a lump on the right side of her abdomen where her kidney would be. ‘Hey, Megan, feel this,’ she said, and I immediately knew it was not normal.”

Megan and Ella’s dad, Marcus, took their daughter to the pediatrician that same day and were referred to the emergency department near their home in Virginia. Because of COVID, only one parent could accompany Ella, so Megan went home with their newborn son. Meanwhile, Ella underwent lab tests, an ultrasound and a CT scan.

“It all happened so fast. I remember Marcus texting me saying, ‘It’s something. They’re not sure what yet, but it’s not looking good,’” says Megan, whose mom immediately returned from the airport to watch Francis. Once at the hospital, Megan was given a waiver so that she and Marcus could meet with the doctors together.

They were told that Ella had cancer, and because of how she was presenting—happy, energetic, healthy, other than the lump in her abdomen—the doctors were almost certain it was Wilms tumor. In line with the standard protocol for this condition, Ella immediately went into surgery to remove the tumor, as well as her kidney. When the tumor came back from pathology, however, it turned out Ella had a different cancer: stage 4 neuroblastoma.

Photos and story courtesy Children’s Hospital Los Angeles

‘The best decision’

Neuroblastoma is a relatively rare and difficult-to-treat pediatric cancer that affects about 700 kids in the U.S. each year. It develops from immature nerve cells in the body, and most often affects children ages 5 and younger.

“I immediately started researching top hospitals in the country for neuroblastoma,” says Megan. “My dad lives in L.A., and one of my stepmom’s best friends [Quynh Dao, NP] is a nurse practitioner at CHLA. So the whole time we were in Virginia, I was texting Quynh, and once the pathology came back, she put us in touch with Dr. Marachelian.”

Araz Marachelian, MD, MS, Medical Director of the Neuroblastoma MIBG Program in the Cancer and Blood Disease Institute at CHLA, is one of the nation’s preeminent experts in neuroblastoma. Within a week of getting the diagnosis, Ella and her family were on a flight to Los Angeles.

Megan believes “the best decision we made as a family was to come to CHLA.”

Specialized therapy for Ella

Once at Children’s Hospital, Ella went through five cycles of chemotherapy in preparation for a stem cell transplant. Scans showed that the chemo was successful in killing the cancer in her abdomen and femur, but a brand-new spot had developed in her skull.

“As a team we had to decide what to do,” says Megan. “We couldn’t move forward with a stem cell transplant, so we decided to take Ella off protocol and enroll her in a clinical trial—which I still believe to this day is why Ella is clear.”

Ella received a combination of chemotherapy and an immunotherapy drug called dinutuximab, as well as difluoromethylornithine (DFMO), an experimental drug that has shown promising results when used to treat aggressive tumors like Ella’s, also known as neuroblastoma with MYCN amplification.

Megan is still amazed at the results.

“Literally after two cycles she was clear—no evidence of disease as of January 2021. We stayed on that trial for a year and she remained clear, then we completed protocol with just immunotherapy and radiation, and she completed treatment officially in June 2022.”

“I can’t say enough about Dr. Marachelian,” Megan continues. “There are some doctors who are by the book, black and white. No room for adjustment. But she looks at each patient individually and says, ‘This is what I think she needs but let’s make this decision as a team.’ I really truly felt a part of the team. And we feel she is part of our family now because of what she has done for our Ella.”

‘No looking back’

Dr Nagiel

Two years after their sudden move across the country, Megan and Marcus have decided to make California their permanent home. Marcus recently graduated from law school, and Megan started a new position at a pharmaceutical company that specializes in using CAR T-cells to treat and potentially cure cancer. After years of uncertainty and chaos, things are falling into place.

Megan is thrilled to say Ella is now a happy, healthy 4-year-old. “She spent the summer swimming and playing, and she’s been doing really, really well. I attribute all of that to Children’s Hospital Los Angeles.

“We took advantage of everything the hospital has to offer in terms of making the stays better for kids,” Megan says. “Going to the [Child Life] playrooms. Music therapy. There are so many things that really did make our time go by easier. Honestly, it helped me a lot mentally—because whew! My mental health was wavering! But as long as I saw that Ella was OK, I was OK.”

How You Can Help

Refer your friends, neighbors, associates, or family members considering making a move: www.ReferralsHelpKids.com or call Corey at 213-880-9910*

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