Los Angeles Chargers vs Jacksonville Jaguars NFL, and Los Angeles Real Estate Market Trends 2023

Jan 16, 2023
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A historic postseason loss happened in the American Football Conference (AFC) on January 15, 2023, at the TIAA Bank Field stadium in Jacksonville, Florida.

The AFC is one of the two (2) conferences in the National Football League (NFL).

The other conference is the National Football Conference (NFC).

After the Los Angeles Chargers were leading by 27 – 0 in the first half of the NFL match, the Jacksonville Jaguars made a superb historic comeback to win the game.

This means the Jacksonville Jaguars will advance to the playoffs and the Divisional Round.

The game ended Jacksonville Jaguars 31 and Los Angeles Chargers 30.

The Los Angeles Chargers coach Brandon Staley was not happy.

Los Angeles Chargers' 27-point lead was the largest in the history of the franchise.

Jacksonville Jaguar’s comeback was the third largest in the postseason history of the NFL.

The other historic comeback moments ahead of Jacksonville Jaguars' were Colts winning over the Chiefs and the Bills defeating the Oilers.

 

LOS ANGELES REAL ESTATE MARKET

By January 9, 2023, the Los Angeles real estate market is cooling as house purchases decrease and the number of homes for sale rises.

As the number of homebuyers decreases, and house inventory increases, there are fewer bidding wars.

The median home price in the Los Angeles County real estate market was about US$836,000 in November 2022. This median home price is down from the median house price in October 2022, which was approximately US$854,500.

All regions in California, except the Far North, had a drop in home prices.

The Los Angeles metropolitan area median home price was about US$720,000 in November 2022, which was over two percent (>2%) higher than in November 2021.

Los Angeles County is considered a seller’s real estate market because there are more home buyers than sellers.

The Los Angeles sale-to-list price ratio was over ninety-nine percent (>99%), which means houses were sold close to the asking price.

The homes in Los Angeles, California, stay on the market for sixty-two (62) days on average before being sold.

The median rent for one bedroom was just over US$2,000 in the state of California. It was over US$3,000 in Santa Monica, California, which was considered the costliest.

The median rent in Twentynine Palms, California, was approximately US$1,000 and was considered the most affordable.

Homes for sale in the Los Angeles real estate market range from about US$6,000 to US$155 million.

Some of the popular neighborhoods in Los Angeles, California, are Hollywood Hills West, Brentwood, and Westwood.   

Most homebuyers in Los Angeles, California, wanted to be in the metropolitan area, while some wanted to move out.

Approximately five percent (~5%) of homebuyers in the United States of America (U.S.A.) searched to migrate to Los Angeles, California.

Homebuyers from San Francisco, Chicago, New York, etc., searched to relocate to Los Angeles, California.

San Diego, Las Vegas, and Dallas were some of the cities homebuyers in Los Angeles, California, searched to migrate to.

 

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