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Topic

Vivinavi Los Angeles
Real estate prices, starting to rise again ?.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ ( Tears ).

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#379
  • 一瞬でお金持ちのポートフォリオに
  • 2020/04/30 (Thu) 10:15
  • Report

# 378
Luxury properties that have dropped 30% or so have already been bought.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#381
  • 一瞬でお金持ちのポートフォリオに
  • 2020/04/30 (Thu) 10:38
  • Report

No.
The price of the property is still very low. The very high end properties above $20 mil are actually down about 30%.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#382

There are only 2 properties in So Cal that have sold for over 20M in the past month, 3 for 15M-20M. Zero if the last week.
The ones that sold during March may or may not have had offers before the Corona fiasco, and I'm not sure if that's having an impact.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#383
  • 普通の家探してます。
  • 2020/04/30 (Thu) 12:27
  • Report

Properties over $20MM are a different world from the start.
I'm looking for a very ordinary house, but it's not going down at all. I guess it tends to be stratified between those who lost their jobs and are struggling and those who own real estate.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#384
  • 普通の家探してます。
  • 2020/04/30 (Thu) 12:28
  • Report

I guess the demographics are different.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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