Home Values Are Rising by $200 a Day in Downtown Los Angeles

Home ownership creates more wealth than a second job. Is Los Angeles one of the West Coast cities that have seen the biggest wealth gains?

New Lofts Buyers Downtown Los Angeles
New Lofts Buyers Downtown Los Angeles

Recent home price gains in some parts of the country have been on par with salary of a 2nd full-time job, but without the work. In Downtown Los Angeles, that equity gain has averaged $210.80 per day according to a Bloomberg report. In some ways, this equity gain is actually better than getting paid for employment.  In addition to not having to work full time for it, home equity applies directly to net wealth as the illiquidity helps prevent the money from getting wasted.  Home ownership is starkly better than many renters realize.  Los Angeles homeowners usually get wealthier while renters tend to spin their wheels and stagnate.  The average homeowner accumulates 44 times the net wealth as the average renter.  What a great investment!  #dtla #home #prices

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Rising L.A. Home Prices bring Substantial Equity
Rising L.A. Home Prices bring Substantial Equity

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.

Downtown Los Angeles Lofts and Condos Just Listed For Sale

New on the Market in Downtown L.A.  —  Fresh Urban Homes

Taking a look at what just came onto the DTLA housing market, we can see that there are some awesome lofts and great deals.  There’s also a couple of disasters that prospective Downtown home buyers must avoid before taking a look at lofts.  |  JUST LISTED     #dtla #lofts #justlisted

Downtown Los Angeles Lofts Just Listed
Downtown Los Angeles Lofts Just Listed

The readers of the L.A. Loft Blog have proven to be the smartest home buyers, sellers, renters and landlords. They don’t subscribe to the notion of “Out of sight, out of mind” because they know that avoiding and ignoring hidden issues only make the problems worse later on. To ensure a smooth transaction and a long-term happy home, world-be Downtowners make sure they get all of the information on buildings before seeing properties for sale. Some amazing lofts have undisclosed litigation, elevated mold levels. Some loft that seem to have problems can actually be a superior investment for the right buyer.

JUST LISTED

Now that prices are relatively high, some loft owners are cashing out, and moving away to more peaceful pastures. Overall, Downtowners are staying put, as more new city dwellers move in, causing a shortage of inventory, and continued rise in Downtown LA home prices.  Today, buyers are more cautious than ever. In real estate, an ounce of prevention is worth far more than a pound of cure. All buildings in DTLA have issues that buyers want to know about before going to look at lofts.  |  JUST LISTED

Get free information on Downtown loft lawsuits and litigation. 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  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Some buildings may have undisclosed litigation and loft lending problems
Some buildings may have undisclosed litigation, elevated mold and loft lending problems

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.