Downtown Los Angeles – Page 73

November 15, 2019November 15, 2019

Downtown Deals and Steals on Lofts and Condos For Sale and For Lease

REAL ESTATE NEWS LOS ANGELES #unlisted #pocket #listings

The real estate market has changed recently. Today, there’s no need to settle for ordinary high-priced homes that anyone can buy on the internet. The intelligent buyers now take their time to find special properties with character — and also to get a special deal. These include foreclosures, raw lofts, pocket listings and distressed properties that are not on the internet. Here are some amazing lofts and condos that have been picked up by buyers who got spectacular deals on unlisted, off-market and distressed Downtown properties:

200 N San Fernando Rd #205 and 305 were purchased by buyers with privileged access. They were not on the MLS and not on the internet.

One thing that has not changed is that the most successful homeowner are those who beat out other buyers to the best deals that include For Sale By Owner, Expired, REO, Company Owned, Estate Sale, Probate Sale, Under Contract, In Escrow, On hold, Vacant, Divorce Sale, Auction, Pre-Auction, Pre-Foreclosure, Private Listings, Unadvertised, Need-To-Sell-Now Homes and Unclaimed homes.

Bank-owned special deal Alta lofts tremendous penthouse unit 510 was not listed on the internet and not on the MLS.

Ornate, historic El Dorado lofts unit #605 was not listed on the internet and not on the MLS. To ensure the best deal on the perfect home, buyers also need to get access to homes with sellers who don’t pay agents, motivated sellers and recent price-reduced properties. Here are the missing pieces of the puzzle that buyers must access so that they won’t miss out on the one perfect home:

Priority access
Proprietary information
Pocket Listings, unlisted homes, off-market properties, unsolicited offers
Heat Map software
Positive Cash Flow Map
Free home warranty
Cancellation Guarantee
Get details on these programs by requesting info on unlisted lofts below.

Buyers can get privileged access to proprietary information about unlisted lofts and condos in and around Downtown Los Angeles.

Get a free list of off-market lofts, condos and unlisted deals in Downtown Los Angeles. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/r1soyr1r1g8l5ws/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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.

November 9, 2019November 9, 2019

Real Estate Recession Downtown Los Angeles – October Home Prices Down 4%

Property Market Update #realestate #market #dtla

Downtown L.A. — Median home price dropped significantly in October, adding to a weak real estate market for more than a year, and demonstrating a solid three month down slide. The city’s urban center is feeling a real estate recession as nearly all of the numbers prove a slumping market in most every way, including falling home prices, declining number of transactions, smaller total volume and slower speed of sales in Downtown and the surrounding loft communities.

The median home price has slipped from $601,500 for October 2018 to $576,000 for October 2019. That’s a significant drop of $25,500 for the month as compared to the same month last year. Total October sales volume is down by more than $4 million. Most sellers now find that they must reduce prices and demonstrate more patience as properties move much slower. The average home stagnated on the market for 70 days, which is 18 days longer to sell. | VIDEO

There’s always a silver lining in every economic storm cloud. Lower prices bring new opportunities for prospective home owners and investors to get a better deal on an amazing loft, condo or house with lofty character, and with less competition from other home buyers and more motivated sellers. More condominiums have opened up to FHA/VA 3.5% down and zero down payments. New first-time buyer programs offer lower down payments, as low as 0% to 2% down for moderate income home buyers. That’s good news for those who want to own and grow their wealth instead of facing a future of rising rents.

To further help lift spirits, the L.A. Loft Blog is hosting a special fun event with free virtual reality games in the Arts District. Just free tickets remain for food, fun and games at the world’s first indoor amusement park Two Bit Circus. The event is for Corey Chambers Team clients, but all readers of the L.A. Loft Blog may request free tickets while supplies last. | Facebook | VIDEO

Get a free list of FHA, VA and low down payment lofts. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/zc5rxg117axh2s/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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