• Address: 2120 Colorado Blvd., Suite #1, Eagle Rock, CA 90041
  • Office Phone: 626.827.9795

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!

Keely Myres: I'm one of those rare LA natives no one believes exists. I tried to get away by moving to England for college, but it turns out I can't resist the sunshine. In 2011, I joined Teles Properties, a boutique real estate firm focused on quality design and technology.

The Internet is Driving the Northeast Los Angeles Real Estate Market Like Never Before

The Internet is Driving the Northeast Los Angeles Real Estate Market Like Never Before

Hot Markets like Eagle Rock, Highland Park and Mt. Washington Owe their Heat to Online Listings

If you’re a potential home seller, you’ve probably noticed that home prices are through the roof in Northeast LA. Homes in Pasadena are always in high demand, and real estate in Highland Park, Glassell Park and Eagle Rock don’t stay on the market long.

If you’re considering selling your Northeast Los Angeles home, a good question to ask yourself is: “How did I find my existing home?”. For most people it was either online, from a Realtor, or from seeing a yard sign.
 
Statistically speaking, you probably utilized the Internet at some point during your search process if you’ve purchased your home in the last 10 years.

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Selling Your Home in NELA? Make Sure the Price is Right

Selling Your Home in NELA? Make Sure the Price is Right

In a red hot real estate market like Northeast LA, pricing your home right is key.

Real estate in Northeast Los Angeles continues to boom. Beyond ultra-hot Eagle Rock and Highland Park, homes in Mt. Washington aren't staying on the market long and we're seeking homes for sale in Glassell Park being snatched up after a single open house. If you own a home in one of these hot-market areas and you're thinking of selling your home, then you probably have a lot of questions.

One of the most important questions for home sellers is: How should I price my home?

Some people think they should price their home well above the market, in hopes people will make an offer, or negotiate down to the real price. Others think they should price the home just above the market, in hopes of fetching a few extra dollars.

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Increase Your Home’s Value Up to 28% with These 5 Tips

Increase Your Home’s Value Up to 28% with These 5 Tips

In Northeast LA, "curb appeal" isn't just about having a great looking home. It's about improving home value.

With homes in Highland Park selling briskly, and Glassell Park real estate in high demand, home sellers in Northeast Los Angeles neighborhoods are thinking about small ways to make a large difference in the value of their homes. They are finding that fixing up one's home to improve the "curb appeal" is a step in the right direction.

Great curb appeal not only makes your home the star of the neighborhood, it can also improve its value and help you sell it for more. Whether you’re thinking of listing your home or just want to make your home the envy of your neighbors, here are several ways to increase your home’s curb appeal.

1. Make your home’s exterior look like new.

For many potential buyers, the condition of the exterior of a home can offer clues to the condition of the interior. The first place to start when boosting curb appeal is the exterior of your house.

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The 3 Ps of Increasing your Home’s Resale Value

The 3 Ps of Increasing your Home’s Resale Value

For Northeast LA home sellers, it pays to hire an experienced realtor who knows the ins and outs of price, preparation and promotion.

Over the past decade homes in Highland Park and Eagle Rock have become sought after, not only by those moving into the region, but by real estate investors looking to capatlize on the hot, hot market. Consequently, real estate in Glassell Park and Mt. Washington and other areas of Northeast LA have risen in value, too.

Naturally, the question on every homeowner's mind is, "What is my home worth?"

Since you are probably curious about your home’s value, I wanted to give you some tips on how you can increase your home’s resale value.

The best way to get more for you home is to work on the 3 Ps of home sales:

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First Time Homebuyers: Feel Like You Have a Tiger by the Tail?

First Time Homebuyers: Feel Like You Have a Tiger by the Tail?

If today's homebuyers want to score big in the hot and active Northeast LA real estate market, it behooves them to think like a seasoned investor.

Many first time buyers in the crazy Northeast Los Angeles real estate market do feel like they have a tiger by the proverbial tail. From their point of view, they looked at dozens of homes for sale in Highland Park or Eagle Rock, dutifully attending open houses. They have competed time after time, pouring their hearts out in charming "I love your house and we are the cute couple you should pick to buy it" letters, scraping together every dime they can, revealing all their financial secrets to people they've never met and probably never will. And then, the 13th or 23rd time they go through this, they win!

They get to buy a house! Now what?

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How to Be the Most Successful Seller

How to Be the Most Successful Seller

When we talk to a homeowner who is thinking of selling, we outline our process. Some people choose to follow every step we describe and they are usually the most successful sellers we have.

We just congratulated the Sellers of a lovely home in Mount Washington on the successful close of the sale of their home. They told us how easy we had made it for them. Selling a house can be a stressful process whether it ends well or not, so this was high praise. Mt. Washington real estate is a hot region, but doesn't mean selling is always a simple matter. The Seller stated, "We just did what you told us to when you told us to do it, and it all worked out."

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A Home is the Perfect Valentine's Day Gift ... If the Time is Right

A Home is the Perfect Valentine's Day Gift ... If the Time is Right

There couldn't be a better gift for your Valentine than a house! But is this a good time to buy?

The best time to buy a house is when you think about it, almost or already have the money together, and see a house you like. But how about the market? Isn't it time for the bubble to burst?

Here are some facts for you to chew on as you consider your options:

For real estate in Northeast Los Angeles (zip codes 90041 (homes in Eagle Rock), 90042 (homes in Highland Park) and 90065 (homes in Glassell Park)):

Average sold price increased 9.6% from November - January 2015/16 to Nov-Jan 2016/17

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Just Sold: Home in Eagle Rock!

Just Sold: Home in Eagle Rock!

This home in Eagle Rock is located at 5333 Waldo Place.

Sold for $949,000
2 bedrooms, 2 baths
1,786 sq. ft. on a 7,510 sq. ft. lot
Built in 1960

If you are thinking of making a move, give us a call to discuss a strategy to achieve your goals in today's real estate market.

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Just Sold: Home in Highland Park!

Just Sold: Home in Highland Park!

This Highland Park home received multiple offers and we negotiated a strong price with a solid buyer.

Listed for $799,000
Sold for $840,555
3 bedrooms, 2 baths
1,568 sq. ft. on a 7,499 sq. ft. lot
Built in 1981

If you are thinking of making a move, give us a call to discuss a strategy to achieve your goals in today's real estate market.

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Peaceful Dream Retreat in Mt. Washington with Stunning Views

Peaceful Dream Retreat in Mt. Washington with Stunning Views

There's a reason why homes in Mount Washington are always in demand as well as why it has become one of LA's hottest real estate markets. Located only ten minutes from downtown Los Angeles, hillside homes like this one, command stunning views while offering a rural-feeling and idyllic, dream-like lifestyle. 

In Mt. Washington, dreams do come true: It isn't hard to imagine the kids walking along a scenic trail to their great elementary school, views from the whole property, a quiet cul-de-sac that feels remote yet is minutes from downtown Los Angeles and every hip crowded boulevard in Northeast LA. Is it possible?

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Loads of Potential with this Craftsman-style House on Professor's Row in Highland Park

Loads of Potential with this Craftsman-style House on Professor's Row in Highland Park

Homes in Highland Park are much in demand for many reasons, especially because the homes are loaded with character and charm. The opportunities to get your hands on an older classic Craftsman-style home and tranform it into the home of your dreams is what make Highland Park real estate a hot, hot commodity. But every once in a while, something really special comes along and THIS IS IT!

Built just after Occidental College moved from Highland Park to Eagle Rock, this 3-level, 3-unit, Craftsman-style house on Professor's Row (Sycamore Terrace) is ready for your loving touch. It's all about the potential--and there's lots of it to work with in this 2500-sqft former beauty.

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Post-Election Market Update

Post-Election Market Update

Has the Northeast Los Angeles real estate market been affected post election? Is the fact that premium homes in Highland Park, Eagle Rock, Pasadena and elsewhere are selling quickly with a dwindling inventory telling us something has shifted? If so, what is changing?

As of about a month after the unexpected results of the Presidential election, we continue to see things happen that were not predicted. The biggest change in the real estate world right now seems to be an uptick in mortgage interest rates. Rates have gone up around ½ to ¾ percent. I’ve talked to several lenders over the last few weeks and no one really knows what will happen next. Will they keep going up? Will they go down? Who knows? But it doesn’t look good for those of us who didn’t get around to refinancing at under 3.5%.

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Real Estate Contract Fun

Real Estate Contract Fun

If you are planning to buy or sell a house, you should be familiar with the new Residential Purchase Agreement. "Oh, my Realtor will tell me what I need to know," you say. Think again! This contract underwent some major changes within the last couple of years, and continues to have little tweaks done to it with no real fanfare at least twice a year. Most of these changes are designed to clarify items that didn't even exist a few years ago, like leased solar and alarm systems. But some items that don't look like a big change can be if they apply to you. Also, There are some subtle bombs hidden in straight-forward boiler plate sentences.

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Eagle Rock Small Business Saturday

Eagle Rock Small Business Saturday

Eagle Rock real estate isn't the only hot happening in the area!

Eagle Rock businesses really stepped out for We Heart Eagle Rock Shop Small the last Saturday of November. There were 38 businesses on the map, all located along our main two commercial streets, Eagle Rock and Colorado Boulevards. Most of these businesses are "Mom and Pop," privately owned shops by people who live right here in Northeast Los Angeles.  I visited a few, mostly the new businesses that I hadn't seen before. I was so impressed by the individuality and quality of the shops we are so lucky to have in our community. I started my Christmas shopping today in earnest and found gifts that I wouldn't have thought of if I were just shopping on the Internet--not that you couldn't shop in most of these stores online, but it's so much more inspiring to see items in person.

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This Week's Give Back: Pasadena Humane Society!

This Week's Give Back: Pasadena Humane Society!

This week we were pleased to send a donation to the Pasadena Humane Society on behalf of our client, whom we helped to sell her long-time family home in Eagle Rock.

The Pasadena Humane Society & SPCA is an independent, donor-supported, non-profit agency that provides animal care and services for homeless and owned animals in our community. PHS takes in nearly 12,000 animals each year from the cities of Arcadia, Bradbury, Glendale, La Cañada Flintridge, Monrovia, Pasadena, San Marino, Sierra Madre and South Pasadena.

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This Week's Give Back: Dahlia Heights Elementary School!

This Week's Give Back: Dahlia Heights Elementary School!

This week we were excited to send a donation to the Dahlia Heights PTA on behalf of our clients whom we helped to sell their first home, a sweet bungalow in Eagle Rock, and purchase their next Eagle Rock home!

Dahlia Heights is a beloved elementary school here in Eagle Rock. Since it is no longer considered a Title 1 school, the PTA is working compensate for the hundreds of thousands of dollars the school no longer has in the budget for staffing, extra programs and other resources.

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This Week's Give Back: Hamilton Elementary School!

This Week's Give Back: Hamilton Elementary School!

This week we had the pleasure of directing a donation to Hamilton Elementary on behalf of a lovely family who we helped to purchase their first Altadena home, a three bedroom, two bath, updated traditional in the foothills.

Hamilton Elementary is a math, science, and technology academy in the Pasadena Unified School District. When budget cuts started forcing elementary schools to delete their extra programs, Hamilton Elementary set up an annual fund in order to continue making those programs accessible to all of their students. You can read more about the annual fund here.

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561 Hits

A Charming Cottage in the Hills of Highland Park

A Charming Cottage in the Hills of Highland Park

Living in the city, we dream of the country life--the quiet, space, privacy. At the same time we are spoiled by the convenience of nearby shops and restaurants.

Here in this sweet 1922 cottage, you are less than a 10 minute drive to the Eagle Rock Trader Joe's, 6 minutes from the heart of the York Blvd. scene, and only a mile from Fusion Burger and El Super. Highland Park real estate is booming and the availability of ideal homes such as this is the reason!

Who says we can't have it all? This is a small, charming cottage with wood floors, 2 small bedrooms, a living room and a spacious kitchen, a front porch big enough to sit on with your morning coffee--but the basement offers an additional space for a workshop, a "person" cave, whatever you need.

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What is Influencing the Real Estate Market today?

What is Influencing the Real Estate Market today?

Many clients ask us why Northeast Los Angeles real estate has become such a hot commodity. Good question!

There are a few factors that influence the real estate market in general:

  1. Mortgage interest rates

  2. Employment statistics

  3. General economic trends

  4. Buyer/Seller expectations

Mortgage Interest Rates: We have experienced historically low interest rates for several years now, and although we have seen some movement up and down, nothing seems to indicate that the dread interest rate of 5% is likely to happen soon. Frequent readers are probably tired of me harking back to the early 1980s when interest rates were 14%.

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940 Hits

A Character Spanish with Incredible Lot

A Character Spanish with Incredible Lot

Do you dream of building your own home in Eagle Rock some day? If so, you're not alone. Homes for sale in Eagle Rock have been a hot commodity for a few years now. but here's a way to have it all: a great character home now, plus a great 3/4 acre lot that you can possibly divide into 2 and build your dream home on the flat pad above (check with the City of Los Angeles for what is required).

Not interested in building? How about your very own urban farm? Vineyard? This lot is over 34,000 square feet!

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Teles 179x55
Tracy King, Realtor
DRE# 01048877
Phone: 626.827.9795 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Keely Myres, Realtor
DRE# 01834633
Phone: 626.827.9795 | This email address is being protected from spambots. You need JavaScript enabled to view it.
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