Down on Downtown — Residents Leaving Southern California

BAD NEWS FOR L.A. REAL ESTATE

LOS ANGELES, CA (Is it worth it?)  —  After seeing the surveillance video of a Downtown pedestrian severely injured by a forceful shove from a vagrant into the path of a large truck, one must consider whether or not the costs of Downtown life are worth the rewards today.  Reports to the L.A. Loft Blog from Downtown real estate professionals indicate that the number of prospective home buyers has dropped significantly, while the number of residents moving out of Southern California has risen sharply over a few years ago. #dtla

Of the ten most recent sale or purchase transactions by the Corey Chambers Team, five were moving to Downtown Los Angeles. Six out of ten were moving to Los Angeles. Not too shabby, but compared to 2012, when nearly 100% of sales/purchases were people moving into Downtown Los Angeles, today’s real estate picture shines a bit less brightly for DTLA.  Of the recent ten moves, four of them were either moving out of DTLA or moving out of Southern California altogether. #realestatenews

MARKET SHIFTS AND STORMS

Five years ago, local real estate agents were extremely busy helping a huge influx of fresh faces move to lofts in Downtown Los Angeles. Today, the market has changed significantly. “More than 80% of our business is now helping repeat and referral customers, about half of them moving out of the area,” says Corey Chambers, “While the repeat business is great, and we’ve been able to attract offers for each and every one of our loft and condo listings, it is sad to see fewer buyers excited to move to Downtown Los Angeles now.” #realestatemarket

Chambers says he’s concerned about the number of residents moving out of California, but that these kinds of trends and cycles happen in real estate, and that the future for Downtown Los Angeles is very bright so long as residents, business and government can weather the storms while continuing to improve the quality of life in the center of the city. #sellhome

Find out what the home down the street sold for

SOLD:  Find out what your home is worth. Get a free list of recent Downtown Los Angeles home sales with prices, photos, descriptions, along with a list of currently active homes for sale. Fill out the online form:

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.

Guaranteed Cash Offer on Your Downtown Los Angeles Loft Within 24 Hours

How to Receive a Guaranteed Cash Offer on Your Home at a Price Agreeable to You Within 24 Hours! (Emphasis on price)*

A home seller’s biggest dilemma when buying another home is deciding whether to buy first or sell first. Either way is risky because the home seller could wind up owning two homes or none at all.

Cash Offer For Lofts GUARANTEED Within 24 Hours
24-Hour Cash Offer For Lofts GUARANTEED

Well, a Guaranteed Sale Program solves this dilemma. BEFORE the seller even lists the home, the seller can receive a total market analysis of the home, including a computerized printout of all comparable home sales and current listings in the area. Using this information, together the seller can determine a market value for the home. This can also determine a guaranteed price and list price which the seller receives upfront and in writing before I begin to market your home. Think of this as a better than risk free insurance policy. #cashoffer #24hours

Get instant access to the free special report that explains how the Corey Chambers Guaranteed Sale Program can benefit you by completing the form on this page. Fill out the online form:

Call Corey Chambers and Start Packing! 213-880-9910

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
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.