How would you define your Los Angeles neighborhood?

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define-neighborhood-echo-park

A spin-off to the publication's Mapping L.A. Neighborhoods project, the Los Angeles Times wants to know how you define your Los Angeles neighborhood. The site, organized by neighborhood, consists of an interactive Mad Libs style form where you fill in those words you feel best describes things like a local secret, neighborhood activities and landmarks.

Some of the top terms for Echo Park, for example, include "hip people," "getting drunk," "gentrifying," "multi-generational families," "Chavez Ravine" and more.

Click here to view the website and select your neighborhood - tell us what you filled out in the comments below!

Market report for Northeast Los Angeles neighborhoods

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LosAngeles-Real-Estate-report_4-28-14b

Week of April 21, 2014 through April 28, 2014

  • New listings: 51+
  • Back on Market: 6-
  • Price Reductions: 10-
  • Pending/Back up: 23-
  • Sold: 28-
  • Total inventory available: 198+

Compare past market reports by clicking here.

Market report for Northeast Los Angeles neighborhoods

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Week of April 14, 2014 through April 21, 2014

  • New listings: 38+
  • Back on Market: 10-
  • Price Reductions: 11-
  • Pending/Back up: 33+
  • Sold: 33+
  • Total inventory available: 196-

Compare past market reports by clicking here.

Is the Los Angeles housing market slowing down?

The latest Los Angeles Times article on the state of local real estate suggests just that. The share of homes on the market for two months reached 44%, compared to 40% a year ago, and the median number of days on the market is up year over year. While there's less investor demand, credit is still tight and the job market not quite where we'd all like it to be. The housing market in areas like Northeast Los Angeles seem to be fairly steady - especially compared to the price jumps we saw last year. Our weekly market reports are showing just that, while inventory is still lower than we'd like it to be (and lower than last year).

Check out our weekly market reports.

Weekend calendar: Featured open houses in Northeast Los Angeles

This weekend is full of some great open houses in Northeast Los Angeles, including the neighborhoods of Silver Lake, Echo Park and Highland Park on Sunday, April 20. Check out these great open houses! Click here for the full map of properties.

Want a private showing? Call (323) 300-1186 today!

Eagle Rock

4346 Mont Eagle Pl |3 BR, 2 BA | $599,000

Highland Park

5924 Great Oak Circle | 2 BR, 1 BA | $499,000

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los-feliz-open-house-4-25-14

Los Feliz

3916 Boyce Ave | 2 BR, 1 BA | $599,000

Echo Park

1557 Lemoyne Street | 3 BR, 2 BA | $749,000

Silver Lake

1636 Golden Gate Ave | 3 BR, 1 BA | $899,000

Eagle Rock

5329 Vincent Ave | 3 BR, 1 BA | $759,000

Want a private showing? Call (323) 300-1186 today!

Click here for the full map of properties.

Don't care for any of these listings? Search for more properties.

Ask a Realtor: Should I buy investment property?

Q: Should I buy investment property?

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A: With the cost of real estate these days and the amazing options available in Northeast Los Angeles for small, multi-unit buildings, it is not uncommon for clients to purchase investment property to live in.

Historically, real estate can be viewed as a hedge against inflation. If you own investment property with a steady mortgage payment and rising rents… well, you can see where this is going.

The one thing to ask yourself is: are you ready to be a landlord? I help all of my clients be more successful landlords by providing continued updates on regulation, advice on tenant interaction as well as on contracts.

Learn more about Northeast Los Angeles neighborhoods to see if any of these may be a good match for you!

Introducing the new Elysian Heights Elementary School website!

Check it out at:

www.ElysianHeightsElementary.com

When we volunteered to help plan the first ever Elysian Heights Elementary School 5k run/walk we knew what would really help the school and the event fundraising - a new website!

This week we set up the school's new website with information about the school, as well as the capability to accepted donations online. This makes it easier for participants in special events like the upcoming 5k to pay the registration fee, donate additional funds, volunteer and share in the experience through social media.

The school's goal is to raise $10,000 for the students of the school, money which will go to technology, enrichment activities, student materials, and more.

Join us online at 

elysianheightselementary.com

 and on May 3 at the 5k!

Elysian Heights Elementary 5k Run/Walk Saturday, May 3 at 8:00 am

Click here

 to register & for more info

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