Tag Archives: Home Buying

TOP TRENDING LA AREAS IN 2020

Where the best buys can be found in greater Los Angeles
Los Angeles is always on the move. Neighborhoods and unique cultural experiences root themselves with regular frequency. 2019 and 2020 have, and will continue to deliver on the key infrastructure and anchor investments to support the growth and global interests and demands of the Los Angeles Lifestyle. In this list of “top” areas, many adjacent neighborhoods will benefit, as well.
INGLEWOOD: Case in point. No one area will continue to flourish as will Inglewood, for business, residential real estate and tourism like Inglewood,. A destination for new transit lines and commerce, is the start of the “Buy Inglewood” conversation. It is soon to be transformed into LA’s newest Sports and Entertainment hub with the So-Fi Stadium complex and Forum. Travelers coming through one of the world;s busiest and newly renovated airports, LAX, Inglewood is a good first stop to experience the LA lifestyle.
DOWNTOWN LOS ANGELES: The pace of new condo developments, apartments, the LA River/Arts District, shopping and restaurants is almost dizzying. Supply and demand cycles have a great impact on the appreciation and stabilizing of home prices; and purchases tend to be time sensitive. Still however, Downtown LA provides a great value buy as the metropolitan city center., At the end of this latest development boom, values will most likely reflect solid appreciation. and the quintessential vibrant Los Angeles will be best experienced here in DTLA.
PACIFIC PALISADES: A future destination and one of the city’s best coastal living areas, this neighborhood right now is a buy-in. Destined to be one of the most expensive areas by price per square foot, this European and Italian inspired community will continue to resonate to the elite global Buyer. Consider values have been “softening” over the past two quarters, the window of opportunity is now,.
ATWATER VILLAGE/MOUNT WASHINGTON: The cultural heart of this city resides in these neighborhoods. Gentrification here gives way to rediscovery: Artists and families are finding a place where existing bohemian cultures and new generations can co-exist and enrich each other’s lives and experiences.. These areas are transportation hubs to the DTLA city center and the re-vitalized communities to the north and east.
EAST LOS ANGELES: Just to the east of the LA River and Boyle Heights are residential tightly knit neighborhoods that make of east Los Angeles. These are areas that reflect the diversity potential of Los Angeles. Investment in buying and living here will deliver rewards both culturally and financially.
For more residential real estate information and relocation to Los Angeles, contact Michael Hiatt, Broker Associate, Sotheby’s International Realty, at: michael@michaelhiatthomes.com. or visit the Hiatt Homes Group website at www.hiatthomes.us.
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What Me Worry? Act Now! 7 Reasons to Buy Now Worry Free

A recent post by real estate website Trulia, deals with the , “7 Serious Worries of Today’s Home Buyers.” This is another statistical survey poll that discourages many who should understand that what others fear is a time to make bold decisions. 2013 is a crossroads year in the residential housing market. values continue to build from 2012 and overall values have recovered in most areas upwards of 15%. I said “recovered” from the statistical bottom of the market in 2009.  The reasons to stay on the sidelines rather than to say “yes” and move tenaciously through the process of home buying are to miss opportunities of low interest rates and values again appreciating and on the rise. If you worry about today’s historically low Mortgage interest rates rising before you buy; or not qualifying for a mortgage at all; or appreciating home prices; or the “over heated” competitive marketplace, do your research, find a qualified, knowledgeable agent who has worked with the breath of qualified, marginal, savvy and first-time home buyers, and go forward and get into the market. The doors are open and opportunity knocks collaboration tools for business. The cycles of real estate move slowly and today we are in an upwardly trending market now in its third year, and values will soon surpass those highs in 2006 in most areas. Think home prices will fall after you buy? Think again. Get on board and enjoy the lifestyle and the security of home ownership..

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