Over the years, these were the top five first time home buyer questions, I have been asked in the greater Los Angeles area. Now, in no specific order, let me list them and then address each of them: How safe is the neighborhood? What will the annual taxes be on this home? How much will I have to pay per month for the mortgage?...
The Downtown Los Angeles : Sold Properties by Month Market Report is down by 6% ! On closer analysis we discover that this is so insignificant in the big picture because in February 3014 there were 34 sales and in February 2015 there were 32 sales which is a small change of -2 which translates to the 6% decrease of the numbers. It is...
The Downtown Los Angeles; New Properties by Month are up by 32%! This is quite incredible. The Demand is there and the inventory is increasing. Clearly there is still a lack of inventory in all price points, but the good news is that it is better than it was in February 2014 because there has been a 32 per cent increase in the inventory. As...
When we represent buyers in Downtown Los Angeles, the focus is basically on three things. One what are the amenities that they get for the Home Owner Dues i.e.: is there a roof top pool or an indoor pool or a pool on the grounds? The second focus is on the question is there a Gym to work out i.e.: how state of the...
