Tag: real estate

real estate – That is the properties for sale and for lease, and the loft that you will own if you are fortunate enough buy one.

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4 Reasons Why Summer Is a Great Time to Buy a Home!

200 N San Fernando
200 N San Fernando

4 Reasons Why Summer Is a Great Time to Buy a Home!
4 Reasons Why Summer Is a Great Time to Buy a Home! | MyKCM
Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.

Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have increased by half a percentage point already in 2018 to around 4.5%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by nearly a full percentage point by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You Are Paying a Mortgage
There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move on with Your Life
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Just Listed Loft in the historic Fuller Paint building at 200 N San Fernando Road is on the Third floor have a look at the details click Here.:

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200 N San Fernando Rd
Fuller Building Lobby

 

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.

 

 

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DTLA Lofts Project Still Has Plenty of Units Available

OLD DOWNTOWN LOFTS, AND SHINY NEW OBJECTS!

 

Downtown lofts are among the funnest of properties, but we all love shiny new objects, and this precious gem relates to you as a reader of the L.A Loft Blog, and the improvement of your finances through the use of new technology.  It always sounds a bit crazy when I mix talk of old traditional investments like real estate with spankin’ new technologies like cryptocurrencies and blockchain.  #steemit #newhomes #dtla

So that you can learn and profit, you’re getting access to the latest real estate information and technology, and you must know, I recently uncovered what looks like some very shiny pieces of virtual gold in the form of Steem, a very useful cryptocurrency, and Steemit, the publishing and social media platform that pays a surprising amount of money.  I’ve made tens of thousands of dollars thanks to Bitcoin. So, when I say “New Homes powered by Steem,” I mean that the information on the LA Loft Blog is now partially sponsored by revenue generated from our publishing platform on the Steemit blockchain blogging platform.

First, if you have not heard about Bitcoin and other cryptocurrencies, then you had better get up to speed by reading about Bitcoin first at https://bitcoin.org/en/

Now that you are educated on the real value and utility of Bitcoin, take a look at what Steemit blog writers and video bloggers are doing on Steemit and DTube that opens floodgates of cash.  Some Steemit vloggers are making thousands of dollars per post, while others are making tons of dough by voting and commenting on other posts.

There are now countless industries and niches that profit from cryptocurrencies. Steem is its own very big and complex ball of wax that one can spend 24/7 learning, developing and implementing many idea and business models that relate to Steemit, DTube and many other Steem-related utilities.

How will this affect the L.A. Loft Blog?  Because Steemit pays you and me quickly and directly, I’m going to start blogging on Steemit first and then writing a shorter introduction on the usual WordPress blog that you are reading now.  When you get paid for reading, commenting, rating or up voting, you can quickly see the advantage.  The blog posts will be bigger and better because there are more rewards for creating more, larger and more powerfully informative blog posts.  They will still be about lofts in Downtown Los Angeles, but we will inevitably see how real estate more and more gets connected to the blockchain. Soon, escrow, and many other facets of real estate will use blockchain technology, which is simply a ledger that uses encryption instead of a central authority.

So, that being said, please start making money for yourself, getting Steem dollars, from reading my blog posts that will now be created on Steemit.  Spend at least a bit of time to learn how to get the most out of it for yourself.  I expect that Steemit will be integrated with the L.A. Blog Blog in the future, but for now, simply click to read my very first blog post (the topic is also about Writing a First Blog Post — with some real estate thrown in for good measure ) on Steemit at https://steemit.com/first/@coreychambers/steemit-first-blog-post

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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.