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Los Angeles Real Estate Reality Live Stream - Mondays 2-4 PM PST

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You can go to Live Stream — Urban Hillsides Real Estate Team Mondays 2-4 PM PST
https://www.urbanhillsides.com/live-stream

Urban Hillsides Team's unique weekly review on real estate in L.A. with an emphasis on Northeast L.A. communities of Silver Lake, Echo Park, Los Feliz, Atwater Village, Mt. Washington, Highland Park, Eagle Rock, Montecito Heights, Lincoln Heights and Cypress Park. 

We'll cover new listings on the MLS, the market, trends, observations and have special guests. Oh, and when we hear about them, we'll let you know private listings.

Where/when: Live on Facebook and YouTube - every Monday 2-4 PM PST

> Most importantly, we'll answer any questions from the audience.
We may bring you on as a guest! 

Have a question or topic you want to bring up? Contact us now

It will be real. It will be transparent. It will be entertaining.

Join us! And share with friends! Thanks. 

Important - follow us now at
Urban Hillsides Team (facebook.com)
OR
Urban Hillsides Real Estate Team - YouTube

We'll remind everyone right before we go live. 
*If you are following us on any of our social media you will get an alert.

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For Lease: Light-filled Eagle Rock Home with Work-From-Home Space

2717 Lytelle Pl.
Eagle Rock, CA 90065

Rent: $4,500 per month

Light-filled home - 4 bedroom / 3 bath. The 4th bedroom is open to a common space and currently functions as an office. This common bonus space provides plenty of room for a second office - see photos. The tastefully upgraded kitchen integrates into an open floor plan. It transitions from the large living room all the way to the backyard. The formal dining room connects to the kitchen and looks out onto the oversized backyard. A wood patio with a built-in BBQ and sink complete the scene. More features: central air and heat, all appliances, wood floors in all common areas, carpet in bedrooms, recessed lighting, updated bathrooms with floating vanities and a soaking tub. The primary bedroom suite has a wall-to-wall closet system with en suite bath with a multi-head shower design. A modular wall unit in the living room provides ample storage, and the room is wired for audio. Most furniture in the photos can be included if desired. There is one covered and one uncovered parking space. Downstairs / entry level space is owner storage.

Bedrooms: 4

Bathrooms: 3

Living space: 1,740 sq ft

Total move-in required: $8,000 plus first month $4,500 - $12,500

Real Estate Predictions 2021 - The Experts Speak

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While our habit is to not make our own market predictions, we've summarized some views from various experts here.

Across the board - 5 to 6% annual increase in prices for single-family homes with some increased inventory. 

Washington Post: “Young adults fueled the increase in home sales in 2020, with millennials making up the largest share of home buyers at 38 percent.”

American Enterprise Institute - Edward Pinto: “The supply of homes in 2021 will continue to be severely constrained. Existing supply is at a record-low level of 2.3 months, where six months is considered a market that is in balance.” 

“This imbalance has been fueled by the work-from-home phenomenon, the millennial generation becoming home buyers, … second-home demand due to the pandemic and then of course low rates are leading to increased demand,” he said. “We see that this will continue for some time. It’s very difficult to replenish or add to supply.”

Zillow:  Zillow expects demand to remain high and to surge in cities as economies reopen. It predicts annual home sales growth will be the highest in almost 40 years (volume of sales) as financial certainty brings more sellers into the market to meet the heavy buyer demand.

Zillow foresees a perfect storm of market conditions that will create the hottest spring shopping season in recent memory. Zillow predicts that although dense, urban living got a bad rap this year because of the pandemic, city living will almost certainly enjoy a renaissance in 2021.

Realtor.com: “The 2021 housing market will be much more normal than the wild swings we saw in 2020, said Danielle Hale, chief economist at Realtor.com. “Buyers may finally have a better selection of homes to choose from later in the year but will face a renewed challenge of affordability as prices stay high and mortgage rates rise later in the year.”

Quicken Loans:  5-6% increase in pricing with a slight increase in inventory.  There will be a “shortage of housing with high demand”.  Interest rates to hover around 3% with potential increases near year end.

Need more info? We’ve got a ton more to share. Contact us

John Montgomery's Isolation Songs Brings Holiday Cheer With Daughter Mira - Rockin' Around the Christmas Tree

The one Xmas song that doesn't drive me crazy!Maybe because it was in "Groundhog Day?"Whatever the reason, here it is..and my daughter is killing it!I hope y...

A Brenda Lee classic reinterpreted by John and daughter Mira!

“The one Xmas song that doesn't drive me crazy! Maybe because it was in "Groundhog Day?" Whatever the reason, here it is..and my daughter is killing it! I hope you enjoy it! If you do and want to help us get some warm Xmas beverages, hit up my... Venmo: John-Montgomery-29 PayPal: Johnmglue@yahoo.com Thanks everyone! Please share this tune! HAPPY HOLIDAYS!”

-John Montgomery

Check out John’s YouTube channel to hear all his awesome covers!

Isolation Songs with John Montgomery - YouTube

For Lease: Highland Park Recently Remodeled 1/1 Apartment

302 Branch St. Unit E
Highland Park, CA 90042

$1,525 / mo

1 bed
1 bath
500 sq ft

Remodeled one bedroom one bath downstairs apartment with hardwood floors and three walls of light. Located in a 5-unit building within walking distance to York and Figueroa in a popular Highland Park neighborhood. Updates include new kitchen, granite counter tops, remodeled bath, copper plumbing, and modern tile. Three walls of windows flood the apartment with natural light. Stove and microwave included. One off street parking space on site. The property is located on a residential street and is surrounded by a mix of single family homes and smaller apartment buildings. Close to restaurants, grocery stores, bus lines and Metro station.

Owner pays for water. Tenant responsible for gas, electric and trash. Pet(s) considered upon landlord's approval, pet deposit and pet insurance required.

Please contact darren@urbanhillsides.com for a showing and additional info
Text/call - 323.898.2991

Lease: Highland Park Newly Remodeled 2/1 with Yard - Apartment Feels Like Small House

302 Branch St. Unit A
Highland Park, CA 90042

$2,700 / mo

2 bed
1 bath
800 sq ft

Washer/dryer
Air conditioning

Remodeled 2 bed/1 bath front unit in a small building. Located in the heart of Highland Park within walking distance to York & Figueroa St, restaurants & markets. Private fenced front yard, laundry hookups in the unit & two parking spaces. Energy efficient upgrades include 3 mini split units with heat & A/C, hot water on demand with a dedicated tankless water heater & LED lighting throughout. The kitchen has been upgraded with shaker cabinets, granite countertops, a new 5-burner gas stove, dishwasher, large pantry & an oversized sink. There is a dedicated dining area & large living room with lots of natural light. A large shade tree in the front yard adds to the house-like feel of this unit that is ready for immediate occupancy.

Well behaved pets welcome. Owner pays water. No smoking inside the unit.
2 parking spaces included in rent total cost.

Please contact darren@urbanhillsides.com for a showing and additional info
Text/call - 323.898.2991