We are huge fans of CurbedLA, for us it is simply indispensable reading. So it’s an honor and thrill to have Tracy Do featured in their educational series “Curbed University.” Tracy will be answering questions all weekend — click here to post one.
And for further help in all your real estate needs, head straight to the source at Tracy Do Real Estate.
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The “BIG & small HOUSE” was built last year by Anonymous Architects. Located in the Northeast LA enclave of Glassell Park, the approx. 1200 square foot home occupies a mere 2500 square foot lot. Says the Arch Daily: “Starting with a vacant lot that was half of the typical minimum lot size, the objective was to compensate for the relatively small footprint of the house.”
“To achieve this there are only two full height walls inside the house which makes the main interior room nearly as large as the building footprint. This gives the house an open lofted feeling with very high ceilings and abundant natural light.”
The Big & small House is delightful on a variety of levels, not the least of which are its overall subtlety and ingenious use of space. It also heralds the emergence of Glassell Park, a neighborhood where architects and designers are finding the space — and inspiration — to do wonderful things. With a prime location between Atwater Village, Eagle Rock, Mount Washington and Highland Park, “GP” is a rising star in real estate. But don’t wait too long. For assistance in either buying or selling in this fast-rising NELA enclave, contact the people who know it best: the experts at Tracy Do Real Estate.
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Photos and drawings courtesy of Anonymous Architects.
Today on HousingWire.com: “January national home prices, including distressed sales, rose 9.7% year-over-year.” Reporter Megan Hopkins adds, “With housing still 20% undervalued relative to incomes and 5% undervalued relative to rents, Capital Economics says affordability is also very favorable, with the typical household bringing in double the income necessary to service the interest and repay the capital of the typical mortgage.”
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This fully restored, wonderfully maintained 1921 Craftsman-style Duplex is perched on a hilltop near the heart of Echo Park. Having starred on HGTV, it’s loaded with modern upgrades yet maintains its sense of history and Old World charm. Offered exclusively by Tracy Do Real Estate in association with Jordan Nedeff of the John Aaroe Group.
For details and a photo tour head to 2346echopark.com
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E. Scott Reckard reports in today’s LA Times: “Mortgage rates eased a bit early this week, Freddie Mac said, with 30-year fixed loans available for solid borrowers at an average 3.51%, down from 3.56% last week.”
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This gorgeous little retreat in coveted upper Nichols Canyon was built in 1949 and has been completely redone by ModOps Design.
It features an open floor plan, high vaulted ceilings and a brick fireplace. There’s lots of light, treetop views, and generously-proportioned rooms. A big two car garage, too.
A home this size won’t work for everyone, but it’s exceptional in execution and offered at a price rare for the area. A nice opportunity. For a tour, contact Tracy Do Real Estate.
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Listing courtesy of Robert Kallick, Sotheby’s Int’l Realty, Los Feliz.
KPCC’s Matt Debord reports that rapid appreciation in certain neighborhoods has lead “some market observers to say that we’re dealing with a housing bubble… But that’s not really the story. There are some micro-bubbles. But if you look at the Case-Shiller home price index, it’s clear that, although prices have trended up steadily in LA County since the beginning of last year, the region isn’t seeing a price spike… where prices have surged by double-digits.”
Bubble or not, the best way to weather this real estate climate is by contacting the professionals at Tracy Do Real Estate. Years of experience and hundreds of successful transactions have given us a deep understanding of market dynamics. Whether you’re selling your home or looking to buy one, Tracy Do Real Estate will put you in the best position to succeed.
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From LA Times business and real estate reporter Alejandro Lazo: “Sales of newly built homes spiked nearly 16% in January, another indication of strong momentum in housing.” For the full story, click here.
As reported today by Irina Vinnitskaya in the Arch Daily, the American Institute of Architects (AIA) and Massachusetts Institute of Technology’s (MIT) have announced a research collaboration that focuses on improving the health of urban communities. “Seventy-percent of the world’s population is anticipated to be living in urban environments by 2050. The health challenges associated with urban environments… can be addressed through thoughtful planning and careful design that reconsiders the way cities have been designed in the past as new challenges arise.”
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Today on Forbes.com, Megan Brennan reports on what has become a seller’s market: “Inventory has contracted to its lowest level since December 1999… The number of available homes… fell 4.9% from December and is 25.3% lower than a year ago… At the current sales pace, supply will be exhausted in just over four months… In a normal market, a healthy supply level is about six months.”
Ready to sell your home? It’s a great time to do it. Contact Tracy Do Real Estate, a proven expert and leader in home sales with a long track record and lots of happy clients.
To receive new listings by email, or to schedule a viewing click here!