Is Inglewood a good place to invest?
Is Inglewood a good place to invest? While prices have risen quickly, Inglewood is still one of the most affordable neighborhoods for a single-family home in L.A. The average price of a home in the area is still below $500,000. The median price of homes jumped from $298,000 in 2014 to $485,000 in 2018 — a 63 percent price increase.
Why the real estate Boom in Inglewood California surges beyond Sofi Stadium? Inglewood’s proximity to major freeways and Silicon Beach tech jobs meant interest in the city’s commercial and residential properties would soar regardless of sports stadium-related investment, he said.
Is LA real estate a good investment? Believe it or not, Los Angeles is considered a great spot for investing in rental properties. The second-largest city in the country, LA boasts of great climate, stable job market, and exceptional diversity, so it comes as no surprise that people are flocking there no matter what.
Is it a good time to invest in real estate in California? For sellers in the California housing market, it is a good time to sell. A low inventory would keep the prices from falling. The Sales Price to List Price ratio has been 101.3% in June 2022.