If This Doesn’t Get You Off the Fence…

It should! This article in the NY Times points to specific upward trends in real estate. One doesn’t want to get overexcited about this stuff, numbers will fluctuate after all. But I continue to see extremely low inventory locally, and competition for homes has been fierce. Certain price points are attracting literally scores of buyers, in fact my last several listings received multiple offers and sold quickly for over the asking price — sometimes way over.

What does this mean? I’m advising all my sellers who have been waiting for prices to rise to go for it. Buyers are out looking, and the right house at the right price is likely to sell.

For buyers, my opinion is it’s time to step up your search. Interest rates are historically low right now. The way things are trending, we will likely see increased prices — and competition — in the near term.

To receive new listings by email, or to schedule a viewing click here!

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Spanish Colonial Revival in Eagle Rock

1673 Hill Drive
List Price $649,000

3BR/2BA in 1,521 sq. ft. / 7,187 sq. ft. lot

 

Here’s my new listing in Eagle Rock, a gorgeous Spanish with period details in a prime North of Colorado Blvd. location. For more pictures and info, head over to my website — or better yet — come see it in person. I’m hosting an open house this coming Sunday, 7/8 from 2-5 PM. Stop by and say hi, I’ll be happy to show you around.

To receive new listings by email, or to schedule a viewing click here!

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A Night of Art / Design in Chinatown

This will be a fun and free event, tomorrow night (6/30) starting at 6PM. It’s part of the LA Design Festival, and if you haven’t been to Chinatown lately you should check it out. Galleries, design shops, creative work and performances spaces, all around an open plaza with glowing lanterns and a warm, welcoming vibe. For a low-key dinner, try Via Cafe (same owners as Blossom in Silverlake). Here’s info on the event, hope see you there.

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Updated Mid-Century in the San Rafael Hills

List Price $1,299,900

4BDs/4BAs in 2,998 sq. ft./lot size 26,842 sq. ft.

I previewed homes in Pasadena’s San Rafael Hills today. Love this neighborhood, it feels above it all but is really so central to everything. A great bridge between LA and Pas.

A wall of glass, amazing. Did you know that there are lakes in the San Rafael Hills? We’re not talking water skiing, but from this house on Romney Dr. there’s a clear view of beautiful Johnston Lake.

Also has a pretty cool chef’s kitchen…

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