Downtown Los Angeles Real Estate Market Update July 2020, Home Prices Dropping in California

Home values dive in DTLA as homeless tent encampments grow and many businesses flounder #dtla

REAL ESTATE NEWS

In July of 2020, the median sold price was $565,000. Compare that to July 2019 median sold price of $588,000. The price dropped by $23,000. This year, sellers were in more of a rush to sell. Downtown L.A. area urban lofts and condos sold in 57 days in July of 2019, but sold in just 9 days as sellers were in more of a rush to unload properties this July (median DOM days on market, MLS areas 23, 42 and 1375). #home #prices

CIVIL UNREST IN THE CITY

KTLA Channel 5 television news shows demonstrations continuing in Downtown L.A., with many renters saying they are behind in rents, and demanding cancellation of rents due. Commercial investors report significant losses caused by shrinking retail, but most residential landlords say that their tenants are still paying rent largely on time in.

Find out what your neighbor’s loft sold for. Get a free list of recently sold condos in the area. Fill out my online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Large industrial style lofts for lease in Downtown Los Angeles with concrete column pillars

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. #realestate #market

Solar Homes For Sale

Best Deals on Los Angeles Homes with Solar

As residential solar energy technology improves in power and cost-effectiveness, more and more homes become practical locations for rooftop panels, solar roofs, off-grid electric generation, solar heating, hot water and solar heated pools. Solar adds value to homes by reducing electricity costs as it gives independence from expensive, polluting resources. #solarhomes #forsale #california | Blog Video

VIDEO

Futurism magazine has released a free cost-benefit service to help determine the net value of solar for any particular home.

Here’s a link to SOLAR HOMES FOR SALE in the Los Angeles area or request a list of solar homes in any city or neighborhood. Some of them present special deals in the form of probate auctions, homes with character, expandable lots, bankruptcy sales and fixers!!! Smart home buyers and investors are taking advantage of the crazy virus panic to steal some unique houses.

Looking for homes with a pool? Get a free list of pool homes in your desired area. 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 | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

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.