Los Angeles Real Estate News
Los Angeles
Big-Box Industrial Transactions Up a Record 25 Percent in U.S.
Global property consultant CBRE, the top North American markets for large warehouses (200,000 sq. ft. or larger) saw record transaction activity in 2020, with the total number rising 25 percent.
21 Percent of Americans Believe Climate Change Hurts Home Values
National property broker Redfin says 1 in five Americans (21%) believe the increasing frequency or intensity of natural disasters, extreme temperatures and/or rising sea levels are hurting home values in their area.
One Year Free Rent Entices New Office Users in U.S.
According to a new report from CBRE, the average amount of free rent that office landlords conceded to secure long-term leases in the U.S. climbed to 12.5 months in the first quarter, up 29 percent from a year earlier.
Single Family Property Taxes in U.S. Jump 5.4 Percent in 2020
According to ATTOM Data Solutions 2020 property tax analysis for almost 87 million U.S. single family homes; over $323 billion in property taxes were levied on single-family homes in 2020, up 5.4 percent from $306.4 billion in 2019.
