The inquires started pouring in from the moment we brought this gorgeous duplex to market. Goes to figure, really. A classic LA Spanish just a few blocks from Echo Park Lake, ideal for an owner-user or as a pure income property. Check out the photos and info here.
Need we say more? All the details right here.
We won’t argue the fact that Zillow can be a useful tool. But it’s a tool with serious accuracy problems. As the LA Times notes, “nationwide Zestimates have a ‘median error rate’ of about 8%.”
8%? In the LA marketplace that’s a huge number, often translating to tens of thousands of dollars. If you’re looking to buy or sell a house, wouldn’t you like a more accurate idea of what it’s worth? Something more than generic sales data crunched into an algorithm?
Kick your Zillow habit. In the real world, houses have unique traits and nuances that speak volumes about their value. Having sold more Eastside homes than any other realtors for two years straight, we can safely say that we are market experts, with inside access to timely, reliable, accurate information. No “Zestimates” here. Just carefully thought-out analysis and an honest assessment of worth.
Contact us anytime at Tracy Do Real Estate.
Our Echo Park Listing on Loma Vista is all over the LA media these days. Last week Curbed had the story, and now it’s the LA Times’ “Home of the Day.” UPDATE 2/9: The UK’s Daily Mail scooped it too!
Our new listing is a Mid-Century Modern in the coveted Franklin Hills neighborhood of Los Feliz. Artfully restored by renown design+builders ReInhabit, it is the ideal combination of original-meets-refreshed. Stop by this week, we’ll have open house this coming Saturday and Sunday. All the details and photos here. For a private viewing, contact us at Tracy Do Real Estate.
Without a doubt this is the grooviest pad in Echo Park. The modern house has lots of space and gets tons of sunlight — in a great location, too. See all of the photos here, and stop by one of our open houses this week. It’s the latest awesome Eastside listing from Tracy Do Real Estate.
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Best location in Silver Lake? Come see for yourself. LA Mill, Alimento, Milk, the SL Reservoir and dog park, they’re all a stone’s throw from this beautifully remodeled two bedroom home. Open today from 1 to 4pm, and you’ll find lots more photos here. For a private showing, contact Tracy Do Real Estate.
Did you see our new Highland Park listing yet? It’s the latest house from ReInhabit, and that means something special. Open both days this weekend, that’s Saturday & Sunday January 17th & 18th from 1 to 4pm. Find the property website here.
The LA Times reports that sales are hot and prices have cooled, “the latest sign that the region’s housing recovery might finally be reaching more people.”
It certainly helps that interest rates remain extremely low, as reported here by the LAT…
A third piece of good news comes to us courtesy of President Obama and the Federal Housing Administration. Many first-time borrowers rely on “FHA backed” home loans which require less of a down payment for qualified buyers. The tradeoff has been the requirement of PMI (Private Mortgage Insurance), which costs hundreds of dollars monthly and can be a deal-breaker for folks on a budget. Recently the Obama Administration applied pressure on the FHA to lower the amount of PMI premium that borrowers must pay. It isn’t a huge savings, but as the AP reports, “the move is estimated to save the average homebuyer $900 a year, as well as help save money for homeowners looking to refinance their mortgage.”
We like good news, and are here to help you find your dream home. We can help find you a mortgage loan, too, in fact we’ll advise you through every phase of this important process.
Contact us anytime at Tracy Do Real Estate.
We’re grateful for a remarkable year, and especially grateful that we met so many wonderful people along the way. Some are clients and some are agents with whom we collaborated. Some are just nice people who stopped into an open house.
To all throughout the Eastside neighborhoods that we proudly serve, we wish you Happy Holidays from Tracy, Ronda, Mark, Swan, Hanna, Victor, Robbie and Eva. As always, thanks for reading our blog.
