Off the Grid in Los Feliz

76488_02Our new listing in Los Feliz is sublime in so many ways. Those solar panels you see on the roof are actually quite discreet, you likely won’t even notice them when you’re standing in front of the house. And they provide an electric bill that looks a lot like a goose egg.

76495_09

Off-the-grid is great, and views are even better. Stretching from the nearby Griffith Park Observatory to the lights of Century City, you’ll get vistas and sunsets from nearly every room in the house.

2400 square feet, 5 bedrooms, 4 bathrooms. This is a lot of house! And there are lots of great photos plus many more details here. Shown by appointment, contact Tracy Do.

A Family Legacy Comes to Eagle Rock

theerblogo

We’re so excited about our upcoming listing in Eagle Rock, The E.R.B.. These 45 new “small lot” homes by Warmington will be modern, high-tech, beautiful to look at, and built with what matters most: quality and expertise.

c2d3f4c6-e912-4388-91dc-c0ba9a32010d

It was 1926 when William C. Warmington started crafting custom homes in Los Angeles, that’s 90 years ago. His specialty at that time was large custom houses, and his clients included Hollywood luminaries. It earned him the reputation as being a “builder to the stars.”

64e2395d-7989-45f5-a29a-db65d4b80011

With his skills in high demand, William grew his building business with the people he trusted most — his family. A company was born that’s based right here in Southern California, under four generations of family leadership that continue even to this day. In fact the current CEO is William’s great-grandson, insuring that every Warmington home meets the standards of design and craftsmanship that have been synonymous with their name since 1926.

The E.R.B. homes in Eagle Rock. Built by people you can rely on today, tomorrow and for generations to come.

Located at 4320 Eagle Rock Blvd, 90041. Expected availability in Fall 2016. Join the interest list at www.theerb.com or contact sales at mark@tracydo.com / 323-842-4002.

Why 2016 is a Great Year to Buy a Home

TDRE_Collage_Final

Last month CNNMoney laid out four reasons why 2016 is a great year to buy a home, read it here. To summarize:

  1. Home prices will level off (in fact they already have in the Eastside markets we serve).
  2. Inventory will increase (also has already happened).
  3. Mortgage rates will likely rise (not dramatically, but every little increase costs you).
  4. Rents remain extremely expensive (and won’t get cheaper anytime soon).

All lights for buyers are flashing green, meaning it’s time to put the #1 Eastside realtor in your corner — Tracy Do.

Last year our team here at Tracy Do Real Estate closed over 150 successful transactions in Silver Lake, Echo Park, Eagle Rock, Highland Park and the surrounding neighborhoods. Our knowledge and experience means you have a proven, effective ally in your search, which is critical in a market that remains competitive for the most desirable and well-priced homes.

If you have questions about the process, or want to know how to get started, you can contact Tracy directly anytime at 323-842-4001 or tracy@tracydo.com.

Like the article on CNNMoney says, it’s a new year and a great time to buy. We’re ready to guide you to the home that you always wanted, and will love.

Did I Miss My Chance to Buy a House?!

No, you haven’t. Not even close.

Yes, the Fed raised its key interest rate today by .25% and plans to gradually nudge that rate further over the next many years. Key word: gradual. The increase was long overdue and is, in the eyes of the vast majority of economists, a good idea.

Importantly, interest rates for 30-year fixed mortgages are not likely to be seriously impacted by today’s decision. Early indicators are that they will tick up a little, but that could happen even on the most normal of days. Your golden window of opportunity is still wide open. However it’s certainly fair to say that if you have been considering a home purchase, you might want to step up your efforts so that you can lock into a loan rate sooner rather than later.

CNN Money reports on this story with clarity here and here.

To kick your property search into higher gear, contact us today at Tracy Do Real Estate.

Two New Listings from Tracy Do

We’re excited about our pair of diverse new offerings this week!

73744_07

This two bedroom with a bonus space in Cypress Park is the perfect starter home. It’s located on a quiet street in red-hot NELA and has been tastefully and carefully refurbished from top to bottom. Priced at just $525,000, this is a house you have to see. Start with this photo tour.

73467_04

Here’s a Sherman Oaks condominium with two bedrooms, two bathrooms and plenty of elbow room. It’s a bright, spacious corner unit on the second floor with a large patio overlooking a courtyard, pool and spa. This intimate HOA has just 18 units and is around the corner from Whole Foods. Find lots more photos and info here.