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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I’ve seen literally thousands of homes for sale, but never one quite like this: a sweeping, grand adobe that is estimated to have been built between 1792 and1805, making it well over 200 years old (!) Yet this historic, registered landmark near San Gabriel’s famed Mission District has been meticulously maintained and thoroughly modernized, making it a practical home for the 21st Century.
With nearly 5000 square feet of living space, this home feels huge. Several of the rooms are vast in scale, while others have a more intimate, cozy feel to them. It doesn’t hurt that there are four fireplaces, including one in the large, detached guest house.
The expansive, flat yard has an estate-like feel to it, but honestly photographs can hardly do justice to this remarkable home. To book a private tour and see this piece of history for yourself, contact me here.
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Listing courtesy of Candice Lyman, Dilbeck Real Estate.
My friends at The Eastsider LA report that things are progressing for a trio of proposed mixed-use buildings in Sunset Junction, one of them rendered above. While nothing is imminent, “work is underway to complete a draft of an environmental impact report, which will look at how the development would increase traffic… and other factors.” Read the full article here.
Rendering courtesy Frost/Chaddock.
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In this morning’s LA Times, Alejandro Lazo reports: “An index of home prices in the largest American cities rose in September, indicating that low supply and increased demand continue to boost housing… ‘With six months of consistently rising home prices, it is safe to say that we are now in the midst of a recovery in the housing market,’ said David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices.” Read the full article here.
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