Category: FHA/VA

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7 Ways to Move Forward in a Sideways Market

Bad news for real estate?  Take advantage of any economy.

From California to Colorado, real estate professionals are agreeing on one thing:  While some real estate markets are still strongly favoring sellers, more and more agents say that it’s slowly beginning to cool — potentially a good thing for both buyers and sellers. #dtla #lofts #fha/va

As some home prices begin to slide, the L.A. Loft Blog presents 7 tips to help buyers and sellers to accomplish success in today’s changing real estate market.

  1. Mills Act – Home buyers love beautiful historic buildings with big savings on property taxes.
  2. New Lofts Interest List – Gleaming new homes can present a really great deal.
  3. Find out what homes down the street sold for – Home sellers want to know the real selling prices of lofts, condos or houses nearby.
  4. FHA/VA – No down payment – makes it easier to buy a home
  5. Litigation – More than 25% of Downtown loft listing involve a building with current or recent lawsuits.  Find out what’s really going on.
  6. Pocket Listings – Unlisted great deals that are not on the internet
  7. L.A. Loft and Condo Information Request – How can we help you?  Ask any question, and the L.A. Loft Blog will help you find an answer FREE.

Buyers, sellers both can benefit as real estate market starts to balance

Want to buy a home? You might want to wait

Get free information on FHA and VA zero down and low down L.A. loft loans. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Eastern Columbia at night vintage photo
Eastern Columbia at night stands out in this vintage photo

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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Days on The Market Drops to New Low in April, Buyers Be Prepared to Move

Days On Market Drops
Days On Market Drops

According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month.

NAR’s Chief Economist, Lawrence Yun, had this to say,

“What is available for sale is going under contract at a rapid pace. Since NAR began tracking this data in May 2011, the median days a listing was on the market was at an all-time low in April, and the share of homes sold in less than a month was at an all-time high.”

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract. #LALoft

For example this unit is already under contact in the walkable Arts District, MURA, is a JD Power Award Winning LUXURY condominium. With some of the best new dining, shopping and art-viewing in the city, it’s an entertainment galore in this ever-evolving trendy neighborhood. This amazing unit has HIGH CEILINGS with 2BD & 2BA & LOFT with VIEWS of the city! BRAND NEW Designer paint & BRAND NEW Key West custom carpet throughout the entire home, this BRIGHT and AIRY unit is highlighted by a gourmet chef kitchen with granite slab countertops, stainless steel appliances, beautiful coordinating tile floors and NEW recessed lighting. A Spacious bedroom with adjacent bathroom with NEW designer faucet is located on the main floor. Come outside on the private balcony to enjoy the VIEWS and excitement of the Arts District. On the 2nd floor, you will find a fabulous LOFT space with more unobstructed VIEWS from the large windows and leading to the spacious master suite with walk-in closet and a dual vanity basin with solid granite countertops and NEW designer faucets. Complex amenities include a state-of-the-art fitness center with Plasma TV’s, a lushly landscaped courtyard with built-in barbecues and water features, an outdoor lounge with fireplace plus a resort-style swimming pool & spa, 24 hrs security and onsite management, guest parking and bike rack parking are also available for your convenience. Come live at MURA, and be a part of the historic renaissance of the DTLA!

Bottom Line
If you are a homeowner who is debating whether or not to list your home for sale, know that national market conditions are primed for a quick turnaround! Let’s get together to discuss exactly what’s going on in our area, today!  Also, with homes selling so quickly Buys should be looking to be ready to finance and that means getting prequalified for FHA/VA home loans to get more information fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

MURA Loft #215
MURA Loft #215

629 Traction Avenue unit 215

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.