It’s not news that summer season is the best time for real estate. You
have been asking a lot if it’s still a great time to buy in Downtown LA,
and I have to answer YES. Downtown LA have seen pricing rises since
the last few years and a few of you are thinking twice about buying
thinking that the investment is not as good as it was in 2009. However every studies, experts, media and professionals would all say the
same thing: BUY in DTLA. There’s several reasons that we believe
prices will continue to go up; lack of inventory, new luxury condominium buildings on the way that would bring the comps up, success of
units above $1,000/sf, oversees investments, retail expansion, luxury
brands on the way, east coasters moving in LA, major improvement
of living and I can continue on and on. LA has become an eldorado
for people around the world and the renaissance of Downtown LA is
the main reason that our city is growing and attracting more and more
creative people and big companies to move here. No matter what can
westsiders (outsiders) say, the future of LA is in DTLA.
Alex LiMandri
Editor-in-Chief
DTLA LIFE TM | Magazine!
www.laloftsrealty.com
www.dwellhomes.com
www.dtlalife.com