Downtown Los Angeles Real Estate Market Update

Published January 13, 2021 19 Views

Rumble Downtown Los Angeles: Yes, we’re open (barely)


Readers of the L.A. Loft Blog have provided the most powerful mastermind of knowledge, foresight and wisdom about the L.A. property market. When we tune in, really pay attention to what they’re saying, thinking and doing, we can’t go wrong with our own real estate choices.

Even bigger than the news of what’s happening in real estate is the news about what is NOT happening in real estate. Downtown L.A. real estate is not experiencing a rapid rebound, and is not seeing overall improvement. DTLA property market is suffering from a continuation of panic, hysteria and overreaction in the form of counterproductive lockdown and decimation of small businesses. Home buyers are not buying, only the most motivated of sellers are selling. Renters and landlords both are cancelling appointments. Real estate motivation is declining from coast to coast. Florida commercial real estate guru Ben Mallah says that things are very serious and getting worse, as more renters are unable to make their monthly payments.

Here’s what the smartest buyers, sellers, renters, landlords and investors are looking at, contemplating and acting on in urban LA lofts, condos, apartments and Greater Los Angeles houses with character today:

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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 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.