Should You Invest in Los Angeles Real Estate NOW? The REAL Answer: YES!
We like to keep it real at LA Home Girl, and it’s real important you know what the real word is on Los Angeles real estate. The real word is….yes. Yes, there are many real reasons why you should invest in real estate in Los Angeles, but for many of them you might not know the real story. Sick of the real and the yes words?? Let’s get to the facts. FACT #1 Right now in our economy, one of the main concerns for investing in real estate in general is the slow appreciation process that may occur. One thing you need to know is that the numbers you hear about predicted appreciation are based on average places. Los Angeles is a PREMIUM place to live, one of the most premium places to live in the country, and there are many specifically premium neighborhood locations located within the city of Los Angeles. Premium places are known to appreciate faster than […]Read More
Highland Park: A Scenic, Up and Coming Historic Neighborhood
Historically significant, beautifully situated, and delightfully hipster — have you been to Highland Park recently? With trendy shops, scenic views of the surrounding hills, great restaurants, old school community feel, and a vibrant artist community, Highland Park should be on your radar. But let’s be honest, you’re reading this because you’re looking for a HOUSE, in addition to a great neighborhood. Highland Park is known for their well-preserved, historic Craftsman homes. Victorian homes all over Highland Park have been restored and brightened over the last decade, and are begging to be appreciated. So what do you do out there in Highland Park? How about shop at the original Forever 21, established in Highland Park in 1984. Or you can enjoy a blast from the past a Galco’s Soda Pop Stop. Highland Park’s name isn’t as misinforming as other neighborhoods in Los Angeles, because Highland Park actually has beautiful parks, like the Arroyo Seco Park and the Ernest E. Debs Regional Park. They […]Read More
Hey SELLERS, SoCal Prices Are on the Rise!
That’s right! They rose up in August, and they rose again in September! With a 12.5% increase from the year before, we’re at the highest median price since August 2008. That’s a median of about $315,000, the highest in four years! So how did this happen, and why do you need to act now? The main reason this very welcome spike in the median price has come to Southern California, and specifically Los Angeles County, is because foreclosures have dropped significantly, and the supply for affordably priced homes is down. Foreclosed homes only made up a sixth of resale market in the Southland during September — the lowest percentage in five years! If you dare, jump back in time to that econ class you had to take. It’s simple supply and demand now. Mortgage interest rates are at a record low which has upped the demand, and the supply is down because there are less foreclosed homes and fewer options […]Read More
What I am Looking for at an Open House?
Here is a list of the top things you SHOULD be looking for when attending an open house as a buyer. Note: Picturing all your wonderful possessions displayed tastefully in your new original 1920’s built-in cabinet with glass doors that screams at you when you first walk in the door…is not on this list. 1 — Look DOWN! — Are the floors spongy? Do those nice wood floors remind you less of the well-built homes you’ve admired, and more of the trampoline you loved as a child? No matter how nice and shiny they look, and no matter how cool the type of wood sounds, (cherry, bamboo..etc) if the floor bounces, so should you. 2 — It Does Rain in Los Angeles — Keep your eyes peeled for any bulges, stains, warping, loose grout or caulking, or anything else that looks like it was caused by water leaking. One of the most expensive and damaging things to a house is […]Read More
The Hollywood Original Echo Park
Echo Park’s current rep reflects the artistic foundation of its residents and businesses, with many boutiques, unique bars and restaurants, and eclectic architecture that weaves in and out of the hillsides. The location to downtown gives it an edgier feel that many of the local artists prefer, but the hillside views and gourmet food available suggest a neighborhood asking for more. Echo Park has always been a neighborhood chomping at the bit, waiting to burst out, and that’s what gives Echo Park its true rep. Before the studios moved to Hollywood, Echo Park was the main vein of the film industry in Los Angeles. Studios of the silent era speckled the hills and streets, while familiar names with black and white faces provided the hustle and bustle. Chaplin, Laurel and Hardy, and the Three Stooges all danced, fell down, and got hit in the face with something that looked very hard, all in the early days of Echo Park. When […]Read More
Atwater Village is the New Fresh
The neighborhood creating a lot of buzz lately is Atwater Village. Located on the east side tucked between Los Feliz, Silver Lake, and Glendale, Atwater Village gives you a chill neighborhood vibe while still being centrally located. Also near Atwater Village are easy access points to Griffith Park and the LA River Bike Path. A typical day spent at your new home near Atwater Village could consist of a morning jog or bike down the LA River Bike Path, a delicious breakfast at the Village Bakery, an afternoon picnic in Griffith Park, some boutique shopping on Los Feliz and Glendale Blvd, a great dinner at a number of restaurants in the area, plus a night cap at some of the hippest bars on the east side. If you need to hit some big box stores, you’re super close to just about anything you can possibly think of either nearby with a Best Buy or Costco, or just down the […]Read More
Block Party!! Best East Side Blocks to Live Near in Los Angeles
Sunset Junction – Known for its plethora of coffee shops and boutique thrift stores, the hipster haven is attractive to everyone looking to get a neighborhood feel while also feeling like you’re part of the action. There are great bars and restaurants nearby, and it’s centrally located between two of the hottest hoods in Los Angeles — Silver Lake and Los Feliz. Owning a home near Sunset Junction will put you within walking distance of one of freshest places to live in all of Los Angeles. Los Feliz BLVD in Atwater Vilage — Atwater Village is one of the premier up and coming neighborhoods in Los Angeles, and offers one of the most casual vibes around while still being nicely located near Downtown, Glendale, Silver Lake, and Los Feliz. Walk to play some par 3 golf, bike a short distance to the LA River Bike Path and Griffith Park, or check out some of the unique bars like Big Foot […]Read More
Top Five Reasons Los Feliz Should Be Your New Hood
1. Are You a New Yorker at Heart? If you’ve ever lived in New York City, or visited NYC, and walked down the sidewalks of Midtown West, Greenwich Village, or the Lower East Side, you know that there’s a certain feel that can’t be duplicated. Well, try walking down Vermont Ave in Los Feliz, from about Prospect up to Franklin Ave, steps away from any home in Los Feliz. The sidewalk cafes, fun random shops, ice cream parlors, old brick apartments above bars, and lively people watching will capture that feel as well as anything in Los Angeles. 2. Love Nature and Hate Driving? So I don’t know if you’ve heard, but Griffith Park is pretty awesome. Hike, bike, grill out, play tennis, golf, ride a tiny train, gaze up at huge old trains, star gaze at the observatory, catch breath-taking sunsets, and just play in nature, all steps away from your new home in Los Feliz. 3. Wish You […]Read More
Top Five Reasons Silver Lake Will NOT Make Your Jeans Skinnier
1. THE BEAUTIFUL HILLS – (#thesejeansaintmadeforwalkin) You don’t have to have a mansion in Beverly Hills or Hollywood Hills to get the morning coffee sipping, smile-inducing view you’ve always wanted. From many Silver Lake homes you can get views of the rolling hills around the neighborhood, views of the actual lake in Silver Lake, or “Silver Lake Reservoir”, and some spectacular Downtown Los Angeles vistas. Silver Lake homes with hillside views, available through your LA Home Girl, will place you in that house in the hills you’ve always wanted. 2. YOU CAN WALK TO FUN — (#thesejeansstillaintmadeforwalkin) The great thing about Silver Lake is that you can walk to just about anything. The primary commercial area, where you’ll find the cozy coffee shops and loveable boutique shops that Silver Lake is famous for, is along Sunset Blvd. Places like Casbah CafÃ©, Intelligentsia, and all sorts of great shops in the Sunset Junction area are perfect for a free afternoon to […]Read More
Hey everyone! Let’s talk home inspections real quick. We’ve had a lot of home inspections this week with our clients, so we think now’s a good time to discuss this integral part of the home buying process. Inspections can be scary, especially for first time home buyers, but they are one of the most important things a buyer does during the home buying process. A home inspection allows a buyer to find out everything they need to know about the home prior to close. While a general inspection covers the entire building, there are other inspections for specific aspects of the home (soil, chimney, structural, and sewer inspections are common) that should be done. When your inspection is complete, you’ll receive a report that will give you a blueprint of the inner workings of your home, along with any recommendations for repairs that may be needed. This report is yours to keep, so you’ll always have this information to fall back on in case […]Read More