In 2017, the county's commercial real estate values increased at a faster rate than residential values, with Beverly Hills and El Segundo leading the market.
“No one is waiting for Washington to do anything remotely intelligent any more,” Katz says. "A small community foundation in this state has more discretion than a cabinet secretary.”
The 10% stock market correction in January may be just the beginning, but stock market volatility could mean buying opportunities in commercial real estate.
East Downtown and the lower part of the Second Ward, as well as a couple of blocks of the Greater Eastwood neighborhood, have recorded the third highest gentrification coefficients nationwide.