In one of his five part series forecasting the year ahead, the Wall Street Journals’ Nick Timiraos reports that rising prices could boost housing demand. “‘Every single thing about housing is flashing green,’ said James Dimon, chief executive of J.P. Morgan Chase, in an interview with CNBC last month. Household formation is rising, inventory is falling, and affordability is near a record high.”
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Built in 1929, this Highland Park beauty has been thoroughly updated. It’s located on a nice street with easy access to the happenings on York Blvd. and Figueroa.
You can see all the work that’s been put into this property, and still the classic feel remains. Featuring 3 beds, 3 baths in 2000+ square feet, there’s plenty of living space.
And a nice view, too. For a private tour of this spacious HP home, contact Tracy Do Real Estate.
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Listing courtesy of Brian Smirke, TMI Capital Corp.
“The Hailey Residence.” Designed by Richard Neutra and constructed in 1959, it’s a stunning example of Mid Century Modern form.
Compact but livable, offering privacy and expansive views, the home has been well preserved and also tastefully updated. Improvements include central a/c, as well as a small office, wine cellar and laundry area constructed from previously undeveloped space. It’s rare that any Neutra comes to market, and this one is special. For a private tour, contact Tracy Do Real Estate.
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Listing courtesy of Crosby Doe, Crosby Doe & Associates.
It’s rare that we see a lot of market activity during the holidays, with most people opting to forgo their home search or sale until the new year. But today’s headline, courtesy of E. Scott Reckard and the LA Times, tells us that this year is different, which explains why we’ve been so busy here at Tracy Do Real Estate: “Southern California posts most November home sales since 2006.” Full story here.
We love this house, a beautifully preserved two-level circa 1929 located at the junction of two great neighborhoods, Rossmoyne and the Verdugo Woodlands.
There are original details everywhere like wood windows, tile and sconces. And the many tasteful updates capture the period, as well as the feel, of this warm and inviting home.
The large, flat backyard features a guest suite, covered seating area and gas fire pit. To arrange a showing of this property, contact Tracy Do Real Estate.
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Listing courtesy of Craig Farestveit, Craig Estates & Fine Properties.
Today on the Wall Street Journal website, Kristen Jones reports that “mortgage rates are likely to remain near record lows for the first half of 2013, while property values are expected to strengthen, according to mortgage-finance company Freddie Mac.” Translation: the best time to buy your home is right now. And we’re ready to help, so call, text or email Tracy Do Real Estate.
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A pair of articles in Housingwire reinforce some trends we’ve been seeing in our local market of late. Kerri Ann Panchuck reports that more Americans are confident that they can attain mortgages. And first-time homebuyers are playing a bigger role in this growing pool of buyers because they’re connecting to jobs and have grown wary of the high cost of paying rent. We can help you find a home and a mortgage loan, at no cost to buyers. Call, text or email Tracy Do Real Estate.
We’d love this house anywhere, but the fact that it’s located in next-big-thing Glassell Park makes us love it all the more. Built in 1939 and featuring city-lights and mountain views, this home is priced right and ready to move into.
There are plenty of original details here, and a major kitchen renovation added Carrera marble, custom cabinetry, a Viking stove, Fisher & Paykel dishwasher, wine cooler and much more. Head down the original Magnesite staircase and you’ll find a master bedroom that opens to a large deck, as well as a second bedroom, remodeled hall bath with tub and a laundry room.
A bonus to this upslope property is an extra space that would make a great office, studio or darkroom. There’s an attached 2 car garage and a large, grassy yard off the rear deck. For a private tour of the house, and also its fast-rising neighborhood of “GP,” contact Tracy Do Real Estate.
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Listing courtesy of Peter V Buonocore, Keller Williams – Larchmont
The LA Times reports this morning that “home prices increased 6.3% in October from a year earlier, the biggest year-over-year gain since 2006.” So it’s more good news for our local housing market, the one downside being the persistence of low inventory, especially in price points that many first-time buyers find attractive. Our takeaway? It’s a great time to sell your home. For a complimentary valuation of your property, contact Tracy Do Real Estate.
Jim Puzzanghera’s full LA Times article can be found here.
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I’m excited to announce my new listing, right in the heart of the most vibrant, happening part of Downtown LA . This corner unit in the Douglas Building Lofts offers an open kitchen, dining, living areas and a gorgeous balcony. It’s got style galore and you can’t beat the location, so contact me here for a private tour. More pictures and details can be found at 257spring.com.
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