REAL ESTATE NEWS
L.A. loft home prices fall again. February 2020 saw 205 listings sold, a slight improvement over last year Feb 2019. That’s a much-needed bit of good news for local real estate agents, who rely on completed transactions for their livelihood. Unfortunately most other real estate news for February is not so good. Homes took longer to sell, with most homes taking 64 days or more, compared to 50 days last year. Lower priced homes are performing better than luxury homes. The average home price dropped from $787,454 last Feb to $726,656 this Feb, according to MLS statistics for Downtown and nearby loft neighborhoods, including Lincoln Heights. The falling prices for February confirm the down January numbers, which reinforce other previous data showing that 2020 is starting off to be another down year for loft prices in around the Downtown Los Angeles area. MORE | Blog Video
Reader Questions
Q: Where can I find puerta del sol lincoln heights property management? A: For help with finding condo lease tenants in Lincoln Heights, call 213-880-9910. #losangeles #loft #market
Q: What is the status of 900 w olympic blvd 32h los angeles ritz carlton? A: 900 W Olympic Blvd #32H, Los Angeles, CA 90015 is not on the market. This condominium unit is 1,750 Sq Ft, built in 2010, currently owned by Regalian LLC. Request more info at https://laloft.wufoo.com/forms/m1spfx910pdzxmx/
Q: What is the adaptive reuse ordinance los angeles? A: That’s the L.A. law that regulates the conversion of industrial and commercial buildings for residential use. More at https://www.laloftblog.com/?s=adaptive
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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.