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Compton’s real estate on the rise

Compton’s real estate on the rise

This year’s Oscars started off with Beyonce’s elegant performance of “Be Alive” from the Compton tennis courts where Venus and Serena Williams trained with their father when they were children. The song, featured in the movie “King Richard”, was nominated for Best Original Song, and brought an electric energy to the Oscars right from the start.

Compton’s future looks bright. Its homeowners have enjoyed a 20.8% gain in median sales price in the past year. Homes are also selling quickly, as the median number of days on the market went from 57 to

30 in the past year. This is good news for families seeking to build wealth through owning real estate.

There are also a number of development projects ongoing in the city. Most famously, Dr. Dre announced that he’s giving $10 million for a new performing arts center at Compton High School, which will serve as a magnet and training ground for artistic talent in the area. There are also plans to transform the Artesia and Compton metro stations to vibrant mixed-use villages.

Venus and Serena Williams serve as role models for those who dream big. Another role model from Compton is Leslie Hale, who holds an MBA from Harvard Business School and currently is President of RLJ Lodging Trust, a leading hotel real estate investment trust. Leadership springs from all of the many cities in Los Angeles. Through imagination, tenacity, and integrity, anything is possible.

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