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Downtown L.A. is not the only place where home prices are falling. Check out this urban / suburban neighborhood around Ventura Boulevard. This small 1 mile section of the Sherman Oaks neighborhood saw 8 listings sold in the same quarter a year ago. 15 / 11 days on market $596,000 / $609,000 which was $545 …
Like many other loft condominium buildings that are today surrounded by homeless and violent mentally ill in Downtown Los Angeles, Little Tokyo Lofts for sale listings have been suffering a recent 91.66% failure rate. Only one out of twelve listings sold successfully. This suggests a substantial risk that neighborhood prices may be lower next year. …
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