• Address: 2120 Colorado Blvd., Suite #1, Eagle Rock, CA 90041
  • Office Phone: 323-274-2148

Tracy King Blog - Eagle Rock Real Estate - Northeast Los Angeles Realtor

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LA Digs - Northeast LA Real Estate Blog

Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.

Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!

Check out the Eagle Rock Farmer's Market!

The Eagle Rock Farmer's Market has been around for almost 9 years, can you believe it? It's had its ups and downs that included pony rides, Elvis impersonators, fresh pressed apple juice, inexpensive clothing, incense, and the balloon clown. Today's market includes a fast food row with Latino, Filipino, and American style foods like hot dogs, horchata, chicken and pork skewers. There is always the Farmer's Market Table run by John and Sueann Miller on behalf of Michael Noguiera and the Chamber of Commerce. And there is good, fresh produce in season. Right now you can enjoy strawberries, plums, peaches, grapes, all kinds of greens, mushrooms, eggplant, tomatoes, zucchini, herbs, and lettuce. The orchid lady is there with several varieties of orchids at slightly higher than Trader Joe's prices. Every week brings a slightly different cast of vendors, so this week there was another garden booth selling small pots of other plants.
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Check out the Eagle Rock Farmer's Market!

The Eagle Rock Farmer's Market has been around for almost 9 years, can you believe it? It's had its ups and downs that included pony rides, Elvis impersonators, fresh pressed apple juice, inexpensive clothing, incense, and the balloon clown. Today's market includes a fast food row with Latino, Filipino, and American style foods like hot dogs, horchata, chicken and pork skewers. There is always the Farmer's Market Table run by John and Sueann Miller on behalf of Michael Noguiera and the Chamber of Commerce. And there is good, fresh produce in season. Right now you can enjoy strawberries, plums, peaches, grapes, all kinds of greens, mushrooms, eggplant, tomatoes, zucchini, herbs, and lettuce. The orchid lady is there with several varieties of orchids at slightly higher than Trader Joe's prices. Every week brings a slightly different cast of vendors, so this week there was another garden booth selling small pots of other plants.
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Two events this week

Two community events worth checking out:


Join me at Shaker's restaurant in Glendale to support the Women's 2oth Century Club tomorrow night!  The Women's 20th Century Club of Eagle Rock is a non-profit organization of local women who work together to improve the community, so the money raised will go straight into bettering Eagle Rock .


Womens' Club Fundraiser


The tree-lined sidewalk by Montrose Shopping Park plays home to a variety of artists who display and sell their work this weekend.  From 9 am to 4 pm, walk along Honolulu Avenue to see the fine art created by the community's own artists.



Montrose Art Walk
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Finance 101 thanks to Money Magazine

An interesting calculation in the June 2008 Money magazine is the TED spread, an indication of easy it will be to borrow money. It's the difference between the 3 month LIBOR rate and the 3 month T-bill rate.  The T-bill is essentially risk free and the LIBOR is the rate the banks charge to borrow from one another. If they are nervous about lending to each other, they certainly are more fearful about lending to you and me. They say a difference of .4 % is what we need to see. The latest figures show a spread of .97%, which is a bit more than last month, and a lot more than 1 year ago when it was .41%.

My conclusion: this formula confirms that it is difficult to get loans right now. I already knew that anything but the most pristine of credit, 20% down, conforming loan type buyer was having trouble getting a loan, but this formula shows me why and also how I can know when it is changing.

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Eagle Rock as Wine Country

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Compass 179x55

Tracy King, Realtor
DRE# 01048877
Phone: 323-274-2148 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Keely Myres, Realtor
DRE# 01834633
Phone: 323-274-2148 | This email address is being protected from spambots. You need JavaScript enabled to view it.

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