Condo Price Declines Fueling the Rise in Accidental Landlords
Recently, a trend is emerging in the Los Angeles condo market, particularly in older buildings. Prices have declined from their peak, buyer demand has thinned, and yet rental demand remains strong. The result is a growing number of “accidental landlords”; condo owners who intended to sell, but instead are leasing …
Should You List Now or Wait Until Summer? A Playa Vista Timing Guide for Sellers
This spring, Playa Vista homeowners face a difficult decision: list now or wait until summer. In theory, the debate seems simple. Fewer listings are typically on the market in early spring, which means reduced competition, while summer offers the possibility of lower interest rates, which would improve the market. In …