E. Scott Reckard reports in today’s LA Times: “Mortgage rates eased a bit early this week, Freddie Mac said, with 30-year fixed loans available for solid borrowers at an average 3.51%, down from 3.56% last week.”
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This gorgeous little retreat in coveted upper Nichols Canyon was built in 1949 and has been completely redone by ModOps Design.
It features an open floor plan, high vaulted ceilings and a brick fireplace. There’s lots of light, treetop views, and generously-proportioned rooms. A big two car garage, too.
A home this size won’t work for everyone, but it’s exceptional in execution and offered at a price rare for the area. A nice opportunity. For a tour, contact Tracy Do Real Estate.
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Listing courtesy of Robert Kallick, Sotheby’s Int’l Realty, Los Feliz.
From LA Times business and real estate reporter Alejandro Lazo: “Sales of newly built homes spiked nearly 16% in January, another indication of strong momentum in housing.” For the full story, click here.
KPCC’s Matt Debord reports that rapid appreciation in certain neighborhoods has lead “some market observers to say that we’re dealing with a housing bubble… But that’s not really the story. There are some micro-bubbles. But if you look at the Case-Shiller home price index, it’s clear that, although prices have trended up steadily in LA County since the beginning of last year, the region isn’t seeing a price spike… where prices have surged by double-digits.”
Bubble or not, the best way to weather this real estate climate is by contacting the professionals at Tracy Do Real Estate. Years of experience and hundreds of successful transactions have given us a deep understanding of market dynamics. Whether you’re selling your home or looking to buy one, Tracy Do Real Estate will put you in the best position to succeed.
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As reported today by Irina Vinnitskaya in the Arch Daily, the American Institute of Architects (AIA) and Massachusetts Institute of Technology’s (MIT) have announced a research collaboration that focuses on improving the health of urban communities. “Seventy-percent of the world’s population is anticipated to be living in urban environments by 2050. The health challenges associated with urban environments… can be addressed through thoughtful planning and careful design that reconsiders the way cities have been designed in the past as new challenges arise.”
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1864 Lemoyne Street 90026 is perched on an Echo Park hillside and features spectacular views. This ground-up restoration project is the work of design+build firm Re-Inhabit and has 3 bedrooms, 2 bathrooms in 1,598 sq. ft.
1864lemoyne.com
1039 Kensington Road, 90026, is a contemporary update of an LA classic. Built in 1920, transformed by a 17-month architect-designed remodel, this bright and airy home has 5 bedrooms + 3 bathrooms in 2,200 sq. ft. A wonderful blend of old and new.
1039kensington.com
For pricing and more info contact Tracy Do Real Estate. Hope to see you this weekend!
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Today on Forbes.com, Megan Brennan reports on what has become a seller’s market: “Inventory has contracted to its lowest level since December 1999… The number of available homes… fell 4.9% from December and is 25.3% lower than a year ago… At the current sales pace, supply will be exhausted in just over four months… In a normal market, a healthy supply level is about six months.”
Ready to sell your home? It’s a great time to do it. Contact Tracy Do Real Estate, a proven expert and leader in home sales with a long track record and lots of happy clients.
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Having undergone a 17 month top-to-bottom restoration and remodel, this architect-designed residence in Echo Park’s desirable Angelino Heights has 5 bedrooms, 3 bathrooms and a large, open kitchen. An exclusive offering from Tracy Do Real Estate.
For details and a gorgeous photo gallery head to 1039kensington.com.
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That’s the premise behind Graham Hill’s Life Edited apartment in NYC, a remarkable feat of engineering that could be a template for similar small-but-efficient living environments in our urban future. Michael Hession of Gizmodo reported recently on this unique space and there’s a video tour as well, demonstrating how everything pulls out, snaps on and comes together.
Not everyone’s idea of the dream apartment, perhaps. But you have to admire the ingenuity.
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It’s here. After many months of inspired, careful, detail-oriented renovation, this remarkable home by the artist+builders of Re-Inhabit is now available, exclusively from Tracy Do Real Estate.
For more info and a beautiful photo tour head to 1864lemoyne.com.
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