2019: SoCal Residential Real Estate – Reading the Tea Leaves
The LA housing market is shifting as we enter 2019. Key tips for sellers and buyers as they move ahead with their plans this year.
The LA housing market is shifting as we enter 2019. Key tips for sellers and buyers as they move ahead with their plans this year.
Baby boomers continue to break the mold when it comes to retiring and “downsizing”. This generation wants to remain active, flexible and mobile – and so selling the family house doesn’t mean moving into a smaller condo. Instead many boomers are opting to move into a high-end luxury townhome or condo with all the bells and whistles of a 5-star hotel resort. Here in Los Angeles, brands like the W and Ritz Carlton Residences are getting in on the act – offering stunning condos in highly desirable locations, like Hollywood, Downtown LA and Santa Monica. With a 24-hour concierge, valet parking, resort-sized swimming pool, full-scale gym, screening room and other facilities for entertaining including rooftop gardens with views, lounges, fireplaces and wetbars, retirees can enjoy a high quality of life while no longer having to worry about lawn care or home maintenance issues. Having been a guest at the W Residences, I can say that the rooftop views of the Hollywood Hills and iconic Sign, and panoramic views to Santa Monica, are stunning. The rooftop …