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Even if you didn't own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then. As Business Insider says:
“Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond.”Here’s why experts are so confident. For the market (and home prices) to crash, there would have to be too many houses for sale, but the data doesn't show that’s happening. Right…
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With private hedged outdoor space and covered parking, this turnkey 2br/1ba single-family home is a rare find, free from the constraints of a condo or TIC arrangements, and no HOA fees or association rules to worry about.
Owned and meticulously improved by a discerning creative, well schooled in the timeless "less is more" principle of design, this 960 sq ft home has undergone a thoughtful transformation over the past 5 years. Updates include glassed-in rain shower, oak vanity, & marble tiling in the bathroom, expanded closet with Elfa closet systems in the second bedroom, and a studio with split AC, hardwired for internet,…
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KEY DETAILS:
1Br/1Ba’s on 4,968 sqft lot
2 of 3 units delivered vacant at close of escrow, holdover tenant pays $930/mo
Fenced-in yard with mature fruit trees
Steps from Colorado Blvd. shops and restaurants
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$9,995 a month
This spectacular home is the embodiment of the quintessential Los Angeles craftsman, yet the exquisite details throughout make 1716 S. Hobart a one-of-a-kind gem. For 17 years, the home has been the personal canvas for a well-known design professional, and it’s clear that the finished work is a masterpiece that no ordinary investor or “flipper” has the talent or time to mimic. Built in 1905, the property has been preserved with deference to period aesthetics and modern utility. As soon as you step through the extra-wide original oak front door, you’ll discover…
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Mom-and-pop landlords in Los Angeles County are facing a critical deadline as the window to apply for rent relief is rapidly closing. The county's Department of Consumer and Business Affairs has allocated $68.6 million in funding to assist qualifying landlords in offsetting the impacts of the pandemic and tenants who have been unable to pay rent.
The Rent Relief Program, launched in mid-December, offers grants of up to $30,000 per unit to eligible landlords for expenses incurred since April 1, 2022. The primary focus of this initiative is to provide support to small landlords who own up to four rental units. The overarching goal is to minimize tenant evictions, maintain…
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In 2023, mortgage rates were high and housing inventory was low, so you probably deferred your plans to buy or sell a home believing it wasn't the right time to make a change. In 2024, the market forecast looks brighter, so let's work together to make a plan to turn your real estate dreams into a reality.
Whether you want to stop renting once and for all, downsize post-retirement, or venture into property investment, we're available to provide hyper-local expertise and advise you on making actionable decisions that are right for you and your family.
Let's hit the ground running this January–email us or give us a call at (323) 412-9060 so we can chat about your real estate aspirations for 2024.
Here's to a healthy and prosperous new year!
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Mortgage rates climbed sky-high in 2023, but started to dip towards the end of the year, hopefully signally a trend for the new year. To learn more about mortgage rate predictions for 2024, check out our sister blog on IETCapital.com!
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This hillside retreat by Rubin Studio in the Los Feliz Oaks is one of the most impressive homes in the area. See it for yourself this Sunday, November 12th from 1 PM - 4 PM. For more pictures and information, check out the full listing here.
Key Details:
5698 Holly Oak Dr, 90068
$4,495,000
5 Bed | 4 Ba | 3,986 sq ft
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