Category: Real Estate News

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December 2020 Downtown Real Estate Market Report

Library Court Lockdown

Los Angeles Urban Real Estate Down Every Month of 2020 #realestate #market

December provided no exception to a year with a down property market every month. The number of listings fell, homes took longer to sell, the median home price fell and the total volume is down as compared to the same month of the previous year. | Blog Video

Number of listings down 8%. Average of 89 days on market (taking 26% longer to sell). Median price down 12.6%. Total volume down 11%. Based on MLS statistics for Downtown Los Angeles neighborhoods areas 23,42 and 1375.

Based on the most recent numbers (along with 10 years of forecasting accuracy by the Loft Blog), 2021 shall continue the trajectory set in 2020. Big cities shall continue to bear the brunt of declining home values, but more suburban homes shall begin slowing in price momentum. Now, more than ever before, wage earners and the middle class must take action to protect their income, assets and financial future by taking advantage of down markets and changing trends. Below are some of the top ways to safeguard finances by implementing new strategies that are in tune with our rapidly changing economy.

Bitcoin, physical gold / gold stocks, suburban residential income real estate, proven tech stocks / short loser stocks. As the Loft Blog predicted and reiterated no less than 20 times over the last 6 years, #bitcoin continues to beat the pants off real estate and every other investment. Prospective Bitcoin investors must learn how to buy, when to sell, how to profit and how to avoid mistakes. For free Bitcoin information, fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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Bitcoin rises above $29,000

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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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Downtown Los Angeles Connection to Nashville Bombing

REAL ESTATE NEWS — DTLA has a personal relationship connection to the man who blew himself up in his motorhome. An L.A. entertainment executive is tied to the suspected Nashville Bomber. | Blog Video

Michelle Swing, a downtown L.A. resident and artist development director at AEG Presents, was reportedly given two houses by Anthony Quinn Warner, who has been identified as the perpetrator and victim of the Christmas morning bombing in Nashville, which devastated a city block. In that bombing incident, a motorhome was parked on the street and was making audio announcements of warnings to the public to evacuate the area. It also reportedly played a recording of Petula Clark’s 1965 pop hit, “Downtown.”

In January 2019, Warner reportedly gave Swing a $160,000 Nashville house via a quitclaim. The Antioch neighborhood is located 12 miles from downtown. Later, on November 25, Warner gave Swing another Antioch house worth $249,999.

It has not yet been revealed what the connection was between the 63-year-old Warner and Swing, who reportedly resides at the Gas Company Lofts in the Financial District, and has worked for AEG headquartered at LA LIVE in Downtown Los Angeles.

Swing has not yet responded to Loft Blog requests for comment. So far, we have found no other information linking Anthony Quinn Warner to Downtown Los Angeles. | MORE

Get free information on the L.A. Loft 3-Hour Tour of the most amazing lofts for lease in Downtown Los Angeles. 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
Gas Company Lofts offers irresistible digs with high ceilings, views and real bedrooms with doors that close.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.