Wednesday, January 19, 2022

Compton is L.A.’s Booming New Housing Market

[videowaywire video_id=”G6KRWR1DH46YLZXD”]

*L.A.’s newest housing real-estate hotspot is Compton, according to CBS Los Angeles. “That’s where homes not too far from the beach are going for less than $400,000. “

Crystal Cruz noted in her live report from the new Gateway Towne Center shopping center on Alameda Street and East Greenleaf Boulevard that: “Newer shopping centers like the one behind me is one reason why a broker says Compton could be or should be calling your name if you’re on the hunt for a home,” she said.

Cruz interviewed broker Julio Ruiz who explained how all the new services in Compton are making living similar to Porter Ranch in the San Fernando Valley. 

Ruiz, who recently bought a four-bedroom, two-bathroom, 1,500-square-foot home for around $400,000 in the Compton, took Cruz on a walk with his family around the neighborhood at night.

“And you guys just feel safe walking?” Cruz asked Ruiz.

“Man, don’t you?” Ruiz asked in return.

OTHER NEWS YOU MIGHT HAVE MISSED: Life Expectancy (of Black Men) in the U.S. is Falling – and Drug Overdose Deaths are Soaring

Cruz then asked new Compton homeowner, Karla Scott, a black woman, the same question. 

“Do you feel safe?” Cruz asked Scott. 

“Yes, because we don’t have a bar on our door,” Scott said. She also revealed that her mortgage payment is less than what she was previously paying for rent.

Cruz kept asking about “safety” most likely because when you hear the city of Compton mentioned, you might think about gangsta rappers like N.W.A or gangbangers and drive-by shootings, as noted by The Root, but “the hometown of Venus and Serena Williams is being touted as the newest place to buy up lower-priced homes.”

In related news, Master P recently played negotiator for a local family who wanted their son to surrender to the police, check it out via the clip above.

Ny MaGee
Ny MaGee is an entertainment reporter with over 15 years of experience working in the film industry in areas including production and post-production, marketing, distribution, and acquisitions. She has worked for legendary film producer Roger Corman, Quentin Tarantino's production team at Miramax, the late Larry Flynt, MTV/ VH1, Hallmark Channel, Paramount, Jim Henson Co., Parade Magazine, and various LA-based companies representing above-the-line talent.



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