The Safarloo Group

11/16/2023

LA Hybrid Homes: A Hit With Gen X & Millennial

11/16/2023

New Demand for Big Offices Lifts LA Market
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Demand for office space in Los Angeles has increased since June 2021, with renters seeking larger spaces than 50,000 square feet. VTS's demand index, VODI, shows that other markets have stabilized but remain two-thirds lower than pre-pandemic levels. Seattle has seen an abnormal decline in demand, w...

11/14/2023

Want to know which homes you could buy with your current rent?
Type your details and get a quick suggestions.

Which Home You Can Buy? Type your details and get a quick suggestions.

11/14/2023

Retail Activity Is Up in Greater LA Overall, But Devil Is in the Details
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In the third quarter of 2023, retail leasing activity in Greater Los Angeles has seen net absorption growth and stable vacancy rates. However, the details vary across Southern California with L.A. County experiencing a decrease in average asking lease rates, Orange County seeing an increase in vacan...

11/12/2023

MSCI: Multifamily property prices lower again
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In October 2023, the CPPI for multifamily properties decreased 0.3 percent from the previous month and 12.8 percent from the same month the year before. The overall commercial property market was 3.9 percent below the long-term trend line. Prices for industrial properties were the only ones to rise....

11/11/2023

In Honor of Heroes: Veterans Day!

11/07/2023

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

11/06/2023

These Ten U.S. Cities Are Converting the Most Offices to Residential
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Since 2010, the trend of converting office properties to residential buildings has been on the rise, and with the pandemic, it is expected to increase even more in the next few years. Los Angeles had the highest number of apartment units converted from office space in 2022, and other cities such as....

11/05/2023

Los Angeles Is Second-Most Expensive City In The US – Report
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A survey conducted by U.S. News and World Report has found that Los Angeles is the second-most expensive city to live in the United States, with San Diego being the most expensive. Eight California cities made the top 10, including San Francisco, Salinas, Santa Rosa, Vallejo, and Fairfield. This sur...

11/05/2023

Home prices in Los Angeles County just reached a new high
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In October 2023, the median home price in Los Angeles County reached a record high of $900,000, according to California Association of Realtors data. Home prices across California dropped, and sales were down 5.4% in September and 21.5% from a year ago. Mortgage rates are still high, but house-hunte...