Here is the most unique home for sale in Echo Park.
This new construction home has 3 bed/4 bath, 2,296 sq. ft. of living space, and is on a 2,612 sq. ft. lot.
Asking price: $2,425,000
Text me if you want a tour: 818-445-7953.
"Hot Home" Alert: This gorgeous Echo Park property is up for grabs!
“Hot Home” alert for Echo Park!
This Spanish Style home has 4 bed/2 bath, 1,659 sq. ft. of living space, and is on a 5,845 sq. ft. lot.
The updated home features a picture window in the living room, an updated kitchen with a breakfast area, a 2-car garage, a large deck, and a flat grassy yard.
Asking price: $1,895,000
Text me for more info at 818-445-7953.
Looking for a small starter home?! Then this Echo Park bungalow is for you!
This is the smallest home for sale in Echo Park.
Asking price: $799,000
This home has 1 bed/2 bath, 546 sq. ft. of living space, and is on a 1,625 sq. ft. lot.
This newly reimagined bungalow features, vaulted ceilings, an open concept floor plan, stainless steel appliances in the kitchen, and a large background deck.
Text me for more info at 818-445-7953.
This Echo Park Spanish bungalow sold WAY OVER the asking price! Take a look.
Here is the cheapest home sold this week in Echo Park.
Asking price: $899,000
Sold price: $1,255,000 ($356,000 over the asking price)
This renovated Spanish bungalow has 2 bed/2 bath, 828 sq. ft. of living space, and is on a 4,280 sq. ft. lot.
The property is close to hiking trails, the LA River bike path, and the historic “hidden stairs".
Check out the view from this week's "Hot Home" in Silver Lake!
Text me if you want a tour at 818-445-7953.
“Hot Home” in Silver Lake.
Asking price: $2,599,000
This Danish Modern style home has 2 bed/2 bath, 1,213 sq. ft. of living space, and is on a 12,086 sq. ft. lot.
The home features Fleetwood walls of glass that reveal the historic Silver Lake Reservoir and mountain views.
Outdoors there is a custom hen house, raised vegetable garden, fruit trees, dining terrace, and workshop.
The real estate market is in uncharted territory
Strong existing-home sales and record-high pending home sales in August indicate no homebuying slowdown in fall, NAR Chief Economist Lawrence Yun says in his latest monthly report.
The striking market turnaround since the early days of the coronavirus pandemic has brought a resurgence in bidding wars and proved housing’s resilience in an unusual and volatile year, Yun adds.
But a mix of surging buyer demand and low inventory puts the industry in uncharted territory.
The national median home price has soared to an all-time high of $300,000, threatening to “choke off” first-time buyers from the market and depress the national homeownership rate, Yun says.
More homebuilding is necessary to relieve some of the market pressures.
New-home sales hit more than a million year to date in September, an encouraging sign.
However, lumber shortages are pushing up new-home prices an average of $14,000 since April.
44% of owners dissatisfied with home since pandemic
Forty-four percent of respondents to a Sears Home Services survey of 1,000 people said they are less satisfied with their home since the beginning of the pandemic.
“There’s a sense of feeling ‘trapped’ when it’s required to remain inside; we’re missing the venues we used to frequent and perhaps noticing flaws of the home while spending more time there,” the survey notes.
Households with children all living in smaller spaces are more likely to be linked to owners’ dissatisfaction.
Homeowners with children were 10 percentage points more likely to say they felt less satisfied with their home than those without.
Also, homeowners with only one or two bedrooms were more likely to report being unsatisfied with their homes.
The growing dissatisfaction among homeowners after being hunkered down may be a big factor behind the surging housing market.
Contract signings on homes surged to a record high in August and are now 24% higher than a year ago, the National Association of REALTORS® reported Wednesday.
Survey respondents said the four top features they most want to add to their homes are a home gym (41%), home office (37%), gaming space (32%), and kitchen space (31%).
Source: “Making a House a Home in the Time of COVID-19,” Sears Home Services (September 2020).
Welcome to Silver Lake's latest "Hot Home"
This townhome is Silver Lake’s latest “Hot Home”.
•2 bed, 1.5 bath
•1,422 sq. ft.
What's unique about it? There are no shared walls, so it really is like its own house.
Want a private tour? Text me at 818-445-7953.
How long does a listing agreement last?
As long as you and the listing agent agree on the given amount of time, your listing agreement can be however long you want it to be.
