A Family Legacy Comes to Eagle Rock

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We’re so excited about our upcoming listing in Eagle Rock, The E.R.B.. These 45 new “small lot” homes by Warmington will be modern, high-tech, beautiful to look at, and built with what matters most: quality and expertise.

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It was 1926 when William C. Warmington started crafting custom homes in Los Angeles, that’s 90 years ago. His specialty at that time was large custom houses, and his clients included Hollywood luminaries. It earned him the reputation as being a “builder to the stars.”

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With his skills in high demand, William grew his building business with the people he trusted most — his family. A company was born that’s based right here in Southern California, under four generations of family leadership that continue even to this day. In fact the current CEO is William’s great-grandson, insuring that every Warmington home meets the standards of design and craftsmanship that have been synonymous with their name since 1926.

The E.R.B. homes in Eagle Rock. Built by people you can rely on today, tomorrow and for generations to come.

Located at 4320 Eagle Rock Blvd, 90041. Expected availability in Fall 2016. Join the interest list at www.theerb.com or contact sales at mark@tracydo.com / 323-842-4002.

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Why 2016 is a Great Year to Buy a Home

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Last month CNNMoney laid out four reasons why 2016 is a great year to buy a home, read it here. To summarize:

  1. Home prices will level off (in fact they already have in the Eastside markets we serve).
  2. Inventory will increase (also has already happened).
  3. Mortgage rates will likely rise (not dramatically, but every little increase costs you).
  4. Rents remain extremely expensive (and won’t get cheaper anytime soon).

All lights for buyers are flashing green, meaning it’s time to put the #1 Eastside realtor in your corner — Tracy Do.

Last year our team here at Tracy Do Real Estate closed over 150 successful transactions in Silver Lake, Echo Park, Eagle Rock, Highland Park and the surrounding neighborhoods. Our knowledge and experience means you have a proven, effective ally in your search, which is critical in a market that remains competitive for the most desirable and well-priced homes.

If you have questions about the process, or want to know how to get started, you can contact Tracy directly anytime at 323-842-4001 or tracy@tracydo.com.

Like the article on CNNMoney says, it’s a new year and a great time to buy. We’re ready to guide you to the home that you always wanted, and will love.

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Happy Holidays from the Tracy Do Team

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To all throughout the Eastside communities that we proudly serve, we hope your holidays are filled with family, friends and a home that you love.

And if the year ahead brings a change of your address, we’re here for you. Cheers.

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Did I Miss My Chance to Buy a House?!

No, you haven’t. Not even close.

Yes, the Fed raised its key interest rate today by .25% and plans to gradually nudge that rate further over the next many years. Key word: gradual. The increase was long overdue and is, in the eyes of the vast majority of economists, a good idea.

Importantly, interest rates for 30-year fixed mortgages are not likely to be seriously impacted by today’s decision. Early indicators are that they will tick up a little, but that could happen even on the most normal of days. Your golden window of opportunity is still wide open. However it’s certainly fair to say that if you have been considering a home purchase, you might want to step up your efforts so that you can lock into a loan rate sooner rather than later.

CNN Money reports on this story with clarity here and here.

To kick your property search into higher gear, contact us today at Tracy Do Real Estate.

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Two New Listings from Tracy Do

We’re excited about our pair of diverse new offerings this week!

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This two bedroom with a bonus space in Cypress Park is the perfect starter home. It’s located on a quiet street in red-hot NELA and has been tastefully and carefully refurbished from top to bottom. Priced at just $525,000, this is a house you have to see. Start with this photo tour.

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Here’s a Sherman Oaks condominium with two bedrooms, two bathrooms and plenty of elbow room. It’s a bright, spacious corner unit on the second floor with a large patio overlooking a courtyard, pool and spa. This intimate HOA has just 18 units and is around the corner from Whole Foods. Find lots more photos and info here.

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Holiday Cheer

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Here’s some of the Tracy Do Team at the Compass Holiday Party, a fun night on a rooftop in Beverly Hills.

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For our own TDRE team dinner we opted for one of our local favorites, Michelangelo in Silver Lake.

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Big News at TDRE

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Why haven’t we posted for a full month? Because we moved! To a new brokerage, which we’re very excited about.

Read all about Compass and how they’re pointing toward a new direction in real estate. We’re thrilled to be a part of it.

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