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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)

#337
  • 流動性
  • 2020/04/27 (Mon) 09:49
  • Report

There are a lot of people who want to buy, or rather, there are very few properties for sale under the pandemic situation, which means that the liquidity of the market has dropped considerably. You can clearly see this by looking at the stock prices of real estate investment companies, which are the canary in the real estate price canary, and they are currently down to 2010 stock prices and back and forth around there.
Real estate can't be sold without more jobs, and even if we reopen it next month, unless we develop a vaccine or a special remedy, people's fears will not disappear quickly and they will not immediately return to employment and their normal lives.

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)

#338
  • ローン・レンジャー
  • 2020/04/27 (Mon) 09:49
  • Report

The loan doesn't have to be paid for six months for now, and
when will the six-month loan become payable?

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)

#340
  • jobjobjob
  • 2020/04/27 (Mon) 10:45
  • Report

＞ ＞ Those people were not the demographic that was originally going to buy a house in Los Angeles where $1M+ is the norm ？

There are a lot of people in the demographic living in $1M+ houses who are now dabbling in small businesses that are being affected. There are some, and my millionaire friend who lives atop PV owns a number of apartments in the poorer neighborhoods of Harbor City and Wilmington.

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)

#341
  • 大金持ちの友人もいない
  • 2020/04/27 (Mon) 10:52
  • Report
  • Delete

＞ My very wealthy friend who lives atop PV owns a number of apartments in the poor neighborhoods of Harbor City and Wilmington.

Does he/she have any mortgage left on the house in PV ？
I'm just curious.

Maybe the owners will start selling the apartments in the poor neighborhoods.

I still like to run an apartment in a good area with good tenants.

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)

#342
  • 狭まる格差
  • 2020/04/27 (Mon) 12:58
  • Report

＃ 339 If you look up, there is no end.
If you look down, there is no end.

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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