FYI Quick Read…

Buyers frustrated by the scarcity of homes for sale can take heart in this good news, reported today by financial news outlets like CNN Money: Mortgage rates have hit historic lows. Again. Of course, “cheap money” is part of why there’s such low inventory in the first place. But fear not, buyers. I can find you a house and advise you on how to take advantage of these incredible rates. Even if you just have questions or want to bounce around ideas, I’m happy to help. Contact me anytime, here.

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FYI Quick Read…

For anyone still wondering whether it’s finally time to ditch that rental, the Wall Street Journal Developments blog has your answer x 2. Nick Timiraos reports on how “demand for single-family rental housing is outstripping the available supply of homes…” with the result being higher rents throughout the US.  And Kris Hudson and Dawn Wotapka write that, “economist Lawrence Yun foresees U.S. home prices rising by 15% over the next three years.”

Renters, it’s time to get off the sidelines. Interest rates are low, demand is up, and the cost of that house you want is forecast to rise. For a no-cost, no-obligation analysis of your options, including neighborhoods, price-point and financing, get in touch with me here. I will be happy to help you become a proud homeowner. And it might be a lot more obtainable than you think.

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Alhambra Tudor has Modern Flair

List Price $619,000

3 bedrooms • 2 bathrooms

1,624 sf • 6,306 sf lot

Don’t get me started about Alhambra. To me it’s one of the best under-the-radar places to live, especially this part of Alhambra. Close to Pasadena and South Pas and with easy access to downtown LA, it’s a community on the rise, with good schools and excellent city services.

As for the house, just see for yourself. A light and bright completely renovated Tudor with copper plumbing, updated electrical, refurbished original windows, oak floors, Icera toilets, two new furnaces and restored chandeliers, hardware and sconces.

The kitchen has imported Italian Carrara counters, a farmers style stainless steel sink, Fisher & Paykel double dishwasher, GE Monogram refrigerator, Kobe range hood and a Jade 6 burner range. If you don’t know Alhambra yet, you should. I’ll be happy to show you the area and the house too. Contact me anytime, here.

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

Listing courtesy of Joseph Kiralla, Sotheby’s Int’l Realty, Los Feliz.

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Sweet Spanish in Silver Lake

List Price $679,000

2 bedrooms • 1 bathroom

1,184 sf • 2,708 sf lot

I really like this house, it has tons of character and a great location in the desirable Moreno Highlands neighborhood of Silver Lake. Ivanhoe School District, too.

There are hardwood floors, a fireplace, original French windows…

And here’s a nice bonus: A detached office/studio that opens to this lovely, shaded back patio. Perfect for quiet meditation, outdoor dining or entertaining. If you’re interested in this house and would like to book a showing, contact me here.

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

Listing courtesy of Hattie Ramirez, Coldwell Banker, Los Feliz.

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FYI Quick Read…

An article in yesterday’s LA Times details the pitfalls of the appraisal process. Michelle Hofmann writes: “More than a third of real estate agents say they’ve recently seen lower-than-expected appraisals hold back home sales, even though buyers and sellers had reached agreement on price.”

 

It’s just one more reason that you should give me a call. Through ten-plus years in real estate and hundreds of negotiated deals, I’ve met with a countless number appraisers. And by coming prepared, studying the market daily, I have successfully advocated on my clients behalf. Don’t let a low or inaccurate valuation derail your home purchase or sale. With me you get top-shelf assistance through all aspects of your real estate transaction. From appraisal to “z.”

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2308 Loy Lane in Eagle Rock

I’m thrilled to present my new listing, located in a nice part of one of my favorite neighborhoods, Eagle Rock. This is an ideal first home or a place to downsize to, freshly spruced with new landscaping and a lovely back yard. I’m holding an Open House on this coming Sunday, November 11th from 1 to 4PM. Stop by, check out this charming home and be sure to say hello. See you there!

More photos and info can be found at 2308loylane.com

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Los Feliz Traditional + Modern Updates

List Price $979,000

3 bedrooms • 2.75 bathrooms

1,779 sf • 8,109 sf lot

This single-level home built in 1923 has a Spanish flare to it, on the outside at least. Inside it’s a completely remodeled space with lots of light, smooth flow and a fresh, modern feel.

Here’s the kitchen and dining area, as you can see it’s an open floor plan which really suits this home. Multiple French doors give easy access to the yard and…

The detached guest house with 3/4 bath. At under a million this is a terrific house at a very fair price — but it won’t last long. To book a showing, contact me here.

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

Listing courtesy of Nadia De Winter, Sotheby’s Int’l Realty, Los Feliz.

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FYI Quick Read…

Kerri Ann Panchuk of HousingWire reports that housing prices rose 2.9% over last year in October. But it’s the cost of renting that really skyrocketed, up 5.1% from 2011 levels (!) If you’re someone who feels like you’re paying too much rent, contact me today. I’ll help you find the right house and can also assist your search for a sensible mortgage loan. Oftentimes payments are comparable to or even lower than what you pay in rent, so call, text or email and we’ll explore your options.

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South Pas Mid Century has Panoramic Views

List Price $1,488,000

4 bedrooms • 2.5 bathrooms

2,550 sf • 17,680 sf lot

The views aren’t the only thing to love about this 1957 hilltop home; it’s got great lines and sits in the coveted South Pasadena School District.

Featuring travertine floors, exposed wooden beams, straw wallpaper and floor-to-ceiling glass panels, the home feels airy and spacious.

The back yard pool and spa are stunning, as are the views of the mountains, city lights and beyond. To book a viewing, I can be contacted here.

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

Listing courtesy of Jim Wang, IRN Realty.

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Secluded Los Feliz Colonial will Surprise You

List Price $2,150,000

3 bedrooms • 3.5 bathrooms

2,887 sf • 19,464 sf lot

Built in 1941, this gorgeous, estate-like property sits at the end of a cul-de-sac high up in the prized Oaks neighborhood of Los Feliz. Its mature trees and landscaping sprawl into neighboring Griffith Park, but also allow for majestic canyon views and plenty of sunlight.

There are refurbished wood windows and doors, a mahogany den with built-in bar, a master suite with walk-in closet and an open country kitchen. The large flat yard features a pool, alfresco dining and two outdoor fireplaces. And here’s the surprise: there are windmills and solar panels for energy generation. This entire property can exist off the grid.

Offering privacy and the natural beauty of the Oaks, this is a home to live in, entertain in, and it’s eco-friendly too. To arrange a viewing, contact me anytime.

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

Listing courtesy of John Johnston, Sotheby’s Int’l Realty, Los Feliz.

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