• 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

Menu

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!

Ut ac justo metus, at porttitor metus. Proin posuere, lacus non congue commodo, dolor tellus semper justo, eget sollicitudin quam eros sed ipsum. Phasellus nec est sed mauris ultricies porta. Cras ut viverra augue. Nam eget nisl tellus. Morbi quis lacus purus, a ornare quam.

Looking to Buy a Home in Eagle Rock? Now Is a Good Time!

Looking to Buy a Home in Eagle Rock? Now Is a Good Time!

Whether for homebuyers or investors, getting a great deal on a home in Eagle Rock is all about good timing.

The Northeast Los Angeles region's real estate market is always in flux. Many potential homebuyers are waiting by the sidelines for the perfect time to buy homes in Eagle Rock or invest in Highland Park real estate. The question for them is, "when is the perfect time?". The answer: Now.

So far this year, the Eagle Rock market has been almost as low in active listing inventory as it was in 2013, when the market caught on fire in the face of withering inventory and rapidly increasing prices. That means that there were usually fewer than 20 homes for sale then and now.

Suddenly, we have 26 homes for sale, and 7 of them are listed for over $1 million! Hold on to your hats—one is even listed for over $2 million!

Continue reading
274 Hits

Homebuyer? Home Seller? You’re Gonna Want to Know Home Values

Homebuyer? Home Seller? You’re Gonna Want to Know Home Values

What is the best way to obtain an accurate value of your home? There’s a simple answer.

Who would have thought 20 years ago that the rising values of homes in Highland Park and Eagle Rock - as well as real estate in Mt. Washington and Glassell Park - would be the talk of the town? If you own a home in one of these regions - or are looking to buy - odds are that home values are on your mind.

Regardless of whether you’re looking to buy a home or sell a home, it only makes sense that you will eventually want to gain an understanding of your own home’s value, if you’re selling, or the value of a different home if you’re buying.

But with all the information, articles, blogs and website tools out there offering home evaluations, its become easy to get, well, confused. That’s because as you’re performing your research and due diligence, the first thing you’ll notice is that there is little consistency in the values offered. One evaluation will be wildly different from the one before or after.

Continue reading
252 Hits

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.

Continue reading
183 Hits

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

Continue reading
399 Hits

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%.

Continue reading
492 Hits
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.
FacebookTwitterLinkedIn