Is buying a condo in downtown LA ok right now?
600947
Living in Los Angeles, for a very long time now, I don't think the price will tank as yet. But we could be on the edge of slow down of price increases.\nThere is also a huge project in the planning stages for Grand Avenue. Not sure if it has been okayed as yet, but that sure to increase property values.\nIf you can swing the mortgage, which by the way, seems awfully high.\nIf you are just looking for a home, there are many other areas in Los Angeles, where you can buy a three bedroom home for much less than 1.2 Million.\nBut it may not have the cache of a downtown Condo.\nAnother thing to consider, is as of yet, downtown, lacks a lot of the amenities, that other areas around the city enjoy.\nNot all that many Supermarkets etc. \nBut if you are looking it as an investment, it could be a good deal. Not sure the price run-up, will be as fast, as in the past few years.\nDo more research first.
855121
The waterfront area is booming right now. River Road from the Lincoln Tunnel to the GWB is rapidly expanding as we speak. Real Estate on River Road is priced to attract affluent qualified buyers so you stand a good chance of success in this area.\nHoboken is already saturated with Realtors & not much else is being built so go for the River Road area-there are not many realtors in that area.
813904
Some areas in Orange County are stable and in Irvine, I have seen a 3% increase in price near the Irvine Spectrum area. Other areas are sinking.\n\nRegards
157278
Dallas is not a cheap city. At that price for a condo, I would think it's a bad neighborhood. You can call the Dallas police department and ask. Otherwise, call the realty companies and ask them. They have to tell you why the price is so low.
1013791
Yes I believe so.  I've heard skid row is undergoing unwanted gentrification.  LA is having a housing crisis and I recently watched a television program regarding the need for affordable housing in that area.  Many families cannot afford the rising rent and are being put out on the street.  I think you suggestion for use of this are is admirable and feesible.
1009456
Your condo, your business
42052
ask someone else who has a business next door...
1063837
Yes, zillow.com shows maps of the neighborhoods with the pricing and estimates info.\nhttp://www.zillow.com
1110783
There is no "standard", just what the market will bear.\n\nBut I just heard a figure you may find interesting.  There was a survey done recently by real estate people and the average monthly rent increase is expected to be 5.3%, about double what the average increase was last year.\n\nReason given is that interests rates are rising so home purchases are slowing.  More people are staying in apartments so demand is up.  Supply is also down as many apartments are being converted to condos.\n\nSounds like you did pretty well.
896639
its ok. \ntheres one in Escondido.
235367
You are asking a question that requires predicting the future. Anything you hear is merely opinion. \n\nToronto is a good market. It differs from other real estate hot spots in that Ontario is flat and open. The urban sprawl can expand almost limitlessly. In Vancouer, for example, there is much less land avaialble for new building.\n\nInterest rates are rising through the world. Further tightening could easily send real estate prices lower. Nothing is certain though. Do your research. \n\nCheck mls.ca and find out what properties are selling for. What were they selling for 6 months ago? Bidding wars were common in Toronto last year, as a buyer you are much better off if you can avoid that situation.
794210
yes. housing is off now. winter is a good time to buy as they are cheaper.
699190
No, they are overpriced. Trump is selling you the condo at prices that are double or even triple for the area. You are buying a name. The assessments we'll be high as well. Consider what you can get elsewhere. Trump properties are for people who won't leave for a while.
555680
it was at one time, when i checked. if it is not i am sure it can be depending on how badly you want to purchase it. i suggest contacting the owner directly.
339255
It should be. Check your local listings.
353989
Consult a reputable real estate attourney to find out...
768035
Yeah, sure. Nice and peaceful little home, but kind of expensive for my taste...\nhttp://laffey.com/listings.cfm?fuseaction=view&id=1893648