This We Like

LATlogoGood stuff reported on the LAT website…

The SoCal housing market took a step back last month, as home sales fell and price gains slowed. But homeowners shouldn’t despair and would-be buyers might even rejoice, analysts say.

The slowdown signals a housing market that is continuing to normalize, potentially helping more middle-class families purchase homes as the economy improves.

After years of boom and bust, home prices and sales are now responding to the very thing they should: job and income growth, not loose lending standards or investors, economists and real estate analysts say.

And it gets even better! Interest rates just ticked down again. Which means that now is a very good time to get into business with a bank, and buy your home.

We here to help. Tracy Do Real Estate.

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

Tonight! NELA Arts at NELA Union

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We’re open tonight as part of the NELA Art’s Gallery Night, partnering with our friends Matter of Space on York Blvd. Stop by between 6 and 9 PM to see art by Lily King and Hamish Robertson, and feast on sweet + savory snacks from our local favorites, Lemon Poppy Kitchen. We’ll have a great crowd here tonight, including people who already live in a beautifully-designed, expert-crafted NELA Union home.

No rsvp required. Hope to see you here.

Our New Listing in Eagle Rock

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This updated mid century ranch style house was originally built in 1958. It’s off-the-charts gorgeous, with lots of space and stunning views from the back yard. All the photos and details here, but really just go see it in person. We’re open both days this weekend, November 1st & 2nd, 1 to 4pm.

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

Lots of Young Adults Live with Mom & Dad

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From the Wall Street Journal blog: “The proportion of young adults aged 18 to 31 living with parents has hit 36% from 31% in 2005, and indebtedness—especially rising student debt—explains roughly 30% of this increase.”

Have you checked out NELA Union Modern Homes? They’re FHA approved, meaning qualified buyers can buy a brand new, beautifully designed townhome with with just 5% down payment.

Not that there’s anything wrong with living with your parents.

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

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!