Football came to this LA suburb. Home prices and rents jumped

"The rise in both rent and home prices started as soon as it was announced that SoFi Stadium would be built," said Foard, a retired legal services attorney. "We had 10 offers on the house, and the counter-offers eventually required them to remove the appraisal contingency," said Tisha Greene of LA Vision Properties, who listed the home and sold it for about $150,000 over the asking price. She said the stadium and the influx of new businesses are a huge part of the sales pitch, and the proximity to SoFi was a selling point for the eventual buyer.

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