excellent service. You will have no problem referring
them to anyone you know for their flawless profession-
al service.
Last year, the typical home buyer searched for ten
weeks and viewed an average of ten homes before writ-
ing an offer. And from the day a buyer started talking
to an agent until the day they were moving into their
new home, the whole process was around six months.
The relationship someone has with their broker clearly
turns into a lifetime experience when the buyer or sell-
er’s expectations were satisfied.
Even though prices have stopped to rise as fast as they
were since 2010, the residential market is expected to
be very lucrative by the majority real estate specialists
for the next few years to come. Downtown Los Angeles
has been continuously predicted to become the most
interesting market in the country due to several obvi-
ous reasons.
• Los Angeles is the second largest city in the Unit-
ed States and is attracting more new residents that
ever.
• The population is growing faster in Downtown LA
than anywhere else in America.
• More than sixty-eight thousand people are living in
these hot new lofts and condos.
• Half a million Angeleno s are commuting for work.
• Thousands of new market-rate residences are on
the way.
• Hundreds of new award winning restaurants, retails
and services.
• Rising state of the art acclaimed cultural venues,
new museums, sports events, and concerts.
• A new convention center that’s bringing billions of
dollars in new revenues for the city.
• Thousands of needed hotel rooms on the way.
• Walkable streets with neighbors, dogs and farmer’s
markets creating a community.
• Fashion designers, artists and creative profession-
als embracing the neighborhood more than ever.
• Luxury retail stores are adopting and believing in
the potential of the city center.
• The Streetcars finalizing financial needs to start
construction.
• Public transportation system with a regional con-
nector and Westside access via new subway lines
almost ready to open.
• Easy freeway system access is providing simple
ways to go in and out of the area.
• Street festivals, nightlife, bars and community
events that bring millions of people every year.
• Billions of dollar in investments to improve busi-
nesses and new potentials.
Downtown LA has changed incredibly in the last ten
year, and there are no more doubts about its revitaliza-
tion and renaissance. Nobody can deny it, our neigh-
borhood has grown and will continue to do it exponen-
tially. Experts are expecting real estate prices to go up
more, and the media is positively writing about how
great it is to become.
Buying a loft in Downtown Los Angeles can be a costly
affair, and it is only getting more so, some experts say
we have only four more years of rising prices before
there is any change in the upward trajectory.
Great deals are still out there in some areas of Down-
town LA, and there might be more if buyers know when
to buy and are getting good advice from their realtor.
The numbers on sales of loft/condos over the last years
have been lower than the previous years due to a huge
lack of inventory. We have found that these next few
months would be a great time to buy or sell a property.
Winter always has the tendency to slow down the mar-
ket and the holidays bring opportunity for everyone.
Don’t hesitate to contact us at LA LOFTS | Realty ®, we
have been passionate about Downtown LA for more
than ten years. Living here and proud to count the
thousands of transactions we have successfully han-
dled to help new tenants, new owners, landlords, and
seller. We love Downtown LA, and we pass our passion
to our clients by trying to help them the best we can.
There is no other team as knowledgeable in this area,
and we thank you for trusting us for more than a de-
cade. Hopefully, you will trust us for decades to come,
and we would be happy to meet with you and offer you
the best service possible for years to come.
The Team at LA LOFTS | Realty ® is here to be your
‘subject matter experts’ and support you on everything
related to buying/selling/leasing in Downtown LA. We
are more than just you real realtors; we are your neigh-
bors.
http://la.curbed.com/archives/2015/09/los_angeles_
housing_prices_deal_neighborhoods.php
http://la.curbed.com/archives/2015/09/los_angeles_
housing_market_not_bubble.php
Alex LiMandri
(213) 626 5433
[email protected]
www.laloftsrealty.com