The introduction of the Coronavirus has shifted the rental landscape across the country, and the Los Angeles real estate market is no exception. According to HUD’s July 2020 “Neighborhood Watch” report, 17% of 8 million insured mortgages are now delinquent. At the time, the Los Angeles housing market boasted attractive indicators that promoted a healthy amount of activity. As a result, the Los Angeles real estate investing community should pay special considerations to pre-foreclosures, as they are one of the best ways to find a deal below market value. We won’t have a recession and our industry will continue to perform well. This marks an increase of nearly 90% year-over-year. June 18, 2020 11:54 AM The number of homes sold across Southern California fell sharply in May as the coronavirus outbreak put a freeze on the … LOS ANGELES, Sept. 26, 2019 /PRNewswire/ -- Low mortgage interest rates will support California's housing market in 2020 but economic uncertainty and … Jeffrey Katzenberg kept L.A. County’s real estate market red-hot over ... and peaceful isolation — saw a handful of huge deals in 2020, ... luxury real estate for the Los Angeles Times. “Los Angeles, Paris, and Boston are the top three global cities where investors would like to increase their investment exposure,” according to the organization’s latest survey. The majority of LA’s distressed properties were in a state of pre-foreclosure, amounting to 53.6% of the entire city’s distressed properties. Our new online real estate class, hosted by expert investor Than Merrill, can help you learn how to acquire the best properties and find success in real estate. Those considering investing in the Los Angeles housing market at the time couldn’t ignore the city’s distressed inventory. There isn’t a single real estate market in the United States that hasn’t felt the impact of the Coronavirus. Click here to register for our 1-Day Real Estate Webinar and get started learning how to invest in today’s real estate market! Attractive profit margins are becoming harder to come by for the Los Angeles real estate investing community. In fact, years of appreciation have led the Los Angeles real estate investing community to favor rentals over traditional flips and wholesales. While pre-foreclosures represented more than half of the city’s distressed properties, they were 4.8% lower than the previous year. A complete recovery of around 110,000 annual home sales will likely occur in 2019-2020, as end user demand in Los Angeles County is buttressed by a Great Confluence of Baby Boomers (Boomers) and first-time buyers who are lured by further employment (needed to accommodate population growth of roughly 1% annually since the beginning of the Great Recession). According to the November 2020 Los Angeles County real estate market report, the median sale price for single-family homes is up to $830,000, with homes selling very quickly, on the market for an average of only 33 days. A fast-growing real estate firm focused on multifamily investment is relocating its corporate headquarters to Dallas from Los Angeles. Global attention is expected to increase activity across LA, which bodes incredibly well for everyone looking to participate in the 2020 marketplace: buyers, sellers, and real estate investors. Los Angeles City is the 2. largest city in the United States, located in California State.. During the last 12 months the real estate prices in Los Angeles, Los Angeles City increased, looking at the past 12 months.. No other city, for that matter, has captured the attention of international investors more so than The City of Angels. Consequently, lower borrowing costs will simultaneously justify purchasing at today’s higher prices, increase cash flow, and lower monthly mortgage obligations. Here are the DTLA real estate numbers for the entire year of 2020 compared to the year before. Current Los Angeles real estate market trends are directly correlated to the introduction of COVID-19. Days on Market. Investors have taken notice of the city’s past performance, and appear confident trends will continue for the foreseeable future. At that rate, the city currently boasts a foreclosure rate somewhere in the neighborhood of 1.2%. 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