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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)

#193
  • ようやく普通にもどるかも
  • 2020/04/04 (Sat) 10:42
  • Report

If you look at the chart of Los Angeles real estate prices, the way they've gone up in the last 10 years has been extraordinary.

REITs, the canary of US real estate, are at about 60% of their highs because of the new coronavirus,
so it will be a long time before the cash market really drops.

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)

#194
  • 実体経済
  • 2020/04/05 (Sun) 11:44
  • Report

Without jobs, real estate will automatically drop.
According to Redfin, Los Angeles will fall the most in the nation.

https://www.mansionglobal.com/articles/housing-in-major-cities-like-los-angeles-may-be-hardest-hit-by-coronavirus-recession-213601

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)

#195
  • 一般ピープル
  • 2020/04/05 (Sun) 12:02
  • Report

>#194
Still, the average person can't afford it ？ w

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)

#196
  • Job Job Job
  • 2020/04/07 (Tue) 01:11
  • Report

With unemployment rising sharply and jobs scarce,

real estate prices will be ineluctable to fall.

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)

#197
  • 必死
  • 2020/04/07 (Tue) 12:43
  • Report

Many people won't be able to pay their loans.　It's probably the house they finally got their hands on.　　I feel sorry for them.

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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