by Christine Nguyen | Dec 9, 2024 | Uncategorized
In a significant shift for downtown Los Angeles, the county is set to acquire the Gas Company Tower, a prominent 52-story skyscraper, despite vocal opposition from one of its own supervisors. The Los Angeles County Board of Supervisors approved the $200 million...
by Greg Wasik | Dec 17, 2022 | Los Angeles Real Estate and Appraisal News
The Southern California housing market is experiencing its first yearly decline in a decade. Home values have fallen after 10 years of largely uninterrupted gains, as high mortgage rates have squeezed demand and cut sales. Data released Wednesday by Zillow shows that...
by Greg Wasik | Jul 6, 2022 | Los Angeles Real Estate and Appraisal News
The sales and home prices in Southern California appear to have been edging lower in the month of June over the month of May. This adds to all of the mounting evidence that a major housing slowdown is pulling the SoCal home values even lower every single day. In fact,...
by Greg Wasik | Jun 8, 2021 | Los Angeles Real Estate and Appraisal News
Significant activity has been spotted in the real estate market, with several homes being sold to record numbers in Los Angeles for months. Douglas Elleman noted that the real estate market recorded total home sales up by 10% from the last quarter and up by 40%...
by Greg Wasik | Jul 5, 2019 | Los Angeles Real Estate and Appraisal News
After an extended period of time where the maximum rent increase for rent controlled apartments has been 3%, starting July 2019 the increase will be 4% as the allowable increase is tied to inflation which has risen slightly recently. [Note – if your landlord...
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