Renting is Expensive and LA Takes the Prize

According to msn.com…

Screen Shot 2015-08-31 at 1.54.12 PMScreen Shot 2015-08-31 at 1.58.29 PMScreen Shot 2015-08-31 at 1.59.45 PM

Time to buy? It makes more sense now than ever before, for lots of reasons including this one. Renting does make sense for some people and certain circumstances. But if you can afford the down payment for a home, you must consider buying one — and soon. Interest rates remain low amidst stock market fluctuations, but according to most financial experts those rates will be rising in the near future.

Getting started in your home search is easy. Contact us today at Tracy Do Real Estate.

This entry was posted in: Seen

1010 Sycamore Avenue Unit #204

1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204

1010 Sycamore Avenue Unit #204

Spacious Modern Loft in South Pasadena
Offered at: $499,000

Type: Loft / Bedrooms: 1 / Baths: 1
Living Area: 930 Square Ft.

A spacious modern loft in South Pasadena. This second level unit in the Ostrich Farm live/work complex was originally a “model” home and features high ceilings, large windows and beautiful hard surface flooring. Open living, kitchen and dining provide loft living hallmarks with the added bonus of a tucked-away bedroom that feels separate yet easily accessible. A private balcony faces a serene courtyard planted with timber bamboo, a great spot for morning coffee or afternoon relaxation. Co-listed with Hanna Azboy.

This entry was posted in: Sold Listings

1010 Sycamore Ave Unit 103 91030

1010 Sycamore Ave Unit 103
1010 Sycamore Ave Unit 103
1010 Sycamore Ave Unit 103
1010 Sycamore Ave Unit 103
1010 Sycamore Ave Unit 103
1010 Sycamore Ave Unit 103

1010 Sycamore Ave Unit 103 91030

Gorgeous Modern Loft in South Pasadena
Offered at: $569,000

Type: Loft / Bedrooms: 2 / Baths: 1 / Built: 2006

A gorgeous modern loft in South Pasadena. This ground level unit in the Ostrich Farm live/work complex has classic loft elements including high ceilings, large windows and concrete floors. The bright, spacious living area incorporates the kitchen which features open shelving, a full-height backsplash and a Bosch dishwasher with cabinet paneling. Tucked away are two bedroom areas, one of which will make a useful den or office. An exclusive-use patio is shrouded in timber bamboo, a great spot for morning coffee or afternoon relaxation. Two side-by-side covered parking spaces are included and there is in-unit laundry. The well-maintained historic building was adapted in 2006 and enjoys a park-like setting plus an ideal location within the coveted South Pasadena School District. There is easy access to the Gold Line light rail along with the cafés, shops and Trader Joes on nearby Mission Street. Highland Park is right next door for trendy dining and nightlife options. Co-listed with Hanna Azboy.

This entry was posted in: Sold Listings

No Surprise: “Zestimates” are Usually Wrong

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.

This entry was posted in: Seen

Interest Rates are Just Insanely Low

We didn’t have a chance to post the recent drop in interest rates before they dropped again. People, seriously. Buy a house. This is the deal of a lifetime and will save you thousands of dollars over time.

If you’re a first-time home buyer and need some assistance decoding what interest rates are all about and why they matter, we’re here for you. We’ll listen to your questions and provide honest, clearly articulated feedback so that you can make the right choices in regard to homeownership. Find us online at Tracy Do Real Estate.

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

This entry was posted in: Seen