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(also: please scroll down for two revealing Jan 10 2019 videoclips by Federal Reserve Chairman Powell)
LOS ANGELES JANUARY 2019 MULTIFAMLY UPDATE : Since 2013, over 40,000 apartments have flooded into Los Angeles County. Vacancies experienced an all time low of about 4% early last year but that number is slowly creeping up. A large number of new rental units -- 15,000 -- is expected to come into the LA market this year (2019). Home prices have started to dip also finally coming down from recent median price highs of between $575,000 to $600,000 in LA County.
Reminder: Second installment of LA County Real Estate Taxes is DUE February 1st. (DELINQUENT after 5:00 PM on April 10)).