L.A. real estate news and insights.
Here is the cheapest home sold this week in North Hills.
Asking price: $749,950
Selling price: $700,000
This home has 3 bed/2 bath, 1,296 sq. ft. of living space, and is on a 7,320 sq. ft. lot.
The corner property features wood flooring throughout, new paint, recessed lighting, dual pane windows, and an updated kitchen.
In ranking 25 of the world’s top luxury, or “prime,” real estate markets, Dubai topped the list, with prices expected to increase 13.5% in 2023, according to real estate consultancy Knight Frank. Miami ranked second, with prices expected to increase 5%. Dublin, Lisbon, and Los Angeles followed, with 4% expected increases.
The worst performers next year are expected to be Seoul and London, with prices expected to drop 3% for both. New York ranked in the middle of the pack, at 13, with prices expected to increase 2% next year.
