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  • 26 Mar

    The Wisteria is out ... And so are the Buyers


    A fun harbinger of spring – the wisteria is out.  It makes a pretty frame around the door in the backyard of this delightful Cape Cod on Euclid.

    Everyone one is talking about pent up Buyer demand and the recent increase in multiple offers is a sign there might be something to all of the chatter.  This Cape Cod with or without wisteria is a charmer – great floorplan, pretty details, family friendly, wonderful Santa Monica location and a sick amount of attic space – and with an enticing $2.3 list price it inspired more than one Buyer to put pen to paper.  The day we saw it there were already three offers in hand.

    Wisteria and House

    We’ve represented Buyers in multiple offer situations on an almost weekly basis lately.  In general, the accepted offer isn’t well beyond the list price (baring a major multiple inducing price splash like the fifty percent reduction on the modern on San Marco) but the competition gets fierce as the Buyers in the mix face the reality of having to go back to sitting on the sidelines waiting for the next good property. The crazy low interest rates also get some credit from getting some of the bidders off of the bench.  Lesson learned – if the price is right, it won’t be around for long.

    Click here to email Heather & Learka to receive more information about this and other properties on the market in the Los Angeles area.


    Seller represented by: Prudential California Realty

    Categories: Hot Houses | Tags: , , , , , , , | Permalink

  • 10 Jun

    Weekend of 'Fests: Wine, Craft and Pride

    This weekend there are festivals all over town, from the winefest on the east side to the craft show on the west and pride festival and parade in between.

    LA Winefest

    Head down to Raleigh Studios in Hollywood this weekend and get your wine tasting on at the 6th annual LA Winefest.
    Take a tequila seminar with the “Agave King”, sample boutique sakes or learn the fine points of wine and cheese pairing at one of the weekend’s seminars. Or just peruse the festival’s more than 550 wines, beers, spirits and exhibitors. Proceeds benefit the Make-A-Wish-Foundation of Greater Los Angeles.

      • Saturday, 12-2pm: Trade Only
      • Saturday, 2-6pm: General Public
      • Saturday, 6:30-8:30pm: VIP Event and Auction
      • Sunday, 12-6pm: General Public

    Contemporary Crafts Market

    This jury-selected showcase of more than 250 artists is going on all weekend in Santa Monica. Come over to the west side for a look at crafts in various media, from free-form sculpted hats to hand painted silk clothing. Check out the craft market website for more information and the full artist list, and download a free pass here.

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