by Cheryl Johnson on January 27, 2012
After 3 consecutive months of growth, the housing market appears to have eased a bit in December.
According to the National Association of REALTORS®, December’s Pending Home Sales Index slipped 4 percent from the month prior. The index measures the number of homes under contract to sell nationwide, but not yet sold.
Despite falling below its benchmark “100 value”, December’s Pending Home Sales Index is the reading’s second-highest value since April 2010 — the last month of last year’s home buyer tax credit program.
In other words, the housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Freddie Mac’s mortgage rate survey put the 30-year fixed rate mortgage at an average of 3.96% in December — a 75-basis point improvement from December 2010. This helps to make homes more affordable nationwide.
On a regional basis, December’s Pending Home Sales Index varied :
- Northeast Region: -3.1 percent from November 2011
- Midwest Region : +4.0 percent from November 2011
- South Region : -2.6 percent from November 2011
- West Region : -11.0 percent from November 2011
But even regional data is only so helpful. Like everything in real estate, data must be local to be relevant.
Throughout the West Region, for example, the U.S. region in which pending home sales fell the most, several states must have performed better than the regional average. And, undoubtedly, there were cities, towns, and neighborhoods that experienced marked market growth.
Unfortunately, the Pending Home Sales Index can’t capture that data. Nor can it identify the markets in which home sales suffered.
For today’s Los Angeles home buyers and sellers, therefore, it’s important to understand your local market and the drivers of local activity. Reports like the Pending Home Sales Index can paint a broad picture U.S. housing but for data that matters to you, you’ll want to look local.
For local real estate data, talk to an experienced real estate professional.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 2 full bathsHome size: 1,687 sq ft
Lot Size: 6,577 sq ft
Added: 12/02/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 11569047
Community: Los Feliz
The price of this listing was last reduced on 12/16/2011 by 3%
Character Atwater Village Bungalow. Circa 1922 Great location! close to restaurants, cafe's, Griffith Park & public transportation, With a bit of a view to park, This 3+2 has a brand new open style kitchen, with granite counters and all new stainless appliances, hardwood floors, formal dining room, freshly painted inside and out, Nice sized back yard, Vacant and easy to show.
Listed with Jeffrey Young, Sotheby's Int'l Rlty-Sunset
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 2 full bathsHome size: 1,408 sq ft
Lot Size: 5,370 sq ft
Added: 07/18/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: C11092550
Community: Silver Lake - Echo Park
The price of this listing was last reduced on 11/4/2011 by 40%
VERY CLEAN PROPERTY AT THE CORNER LOT IN LOS ANGELES NEIGHBORHOOD.
Listed with ERICH ALCEDO, CENTURY 21 TOWN & COUNTRY
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
2 beds, 1 full bathHome size: 1,100 sq ft
Lot Size: 6,186 sq ft
Added: 12/17/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 22159689
Community: Los Angeles
Beautiful traditional 2 bedroom 1 bath home with fabulous views. Natural light throughout with lots of open space. All new stainless steel appliances included. Granite counter tops in kitchen and new carpet in bedrooms. New paint throughout interior with manufactured hard wood floors in common areas and recess lighting in living room. This is a must see! Bring your clients! Property is over 1100 Sq Ft per permits.
Listed with Mary Pearce, Keller Williams Realty
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
4 beds, 1 full, 1 part bathsHome size: 1,409 sq ft
Lot Size: 5,047 sq ft
Added: 01/27/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12160643
Community: Eagle Rock
This 4 bedroom home is light and bright. It has been painted inside and out. It is spacious with large rooms and it has central air. Close to transportation and shopping. It is difficult to find a home with 4 bedrooms and 1 3/4 baths at this price in a great area.
Listed with Diana Walker, Coldwell Banker
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
4 beds, 1 full, 1 part bathsHome size: 1,409 sq ft
Lot Size: 5,047 sq ft
Added: 01/27/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12160643
Community: Eagle Rock
This 4 bedroom home is light and bright. It has been painted inside and out. It is spacious with large rooms and it has central air. Close to transportation and shopping. It is difficult to find a home with 4 bedrooms and 1 3/4 baths at this price in a great area.
Listed with Diana Walker, Coldwell Banker
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 3 full bathsHome size: 2,129 sq ft
Lot Size: 5,009 sq ft
Added: 01/26/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: K12011946
Community: Silver Lake - Echo Park
A must see elegant newly updated home located in highly reserved Silver Lake neighborhood. Enjoy the Dodger stadium, down town LA live, entertainment venues such as Staples & Nokia center and Hollywood hot spots which are within a 5 mile radius. Artists, hipsters, architectural, enthusiasts and professionals alike are attracted to what this eclectic & eco-conscious neighborhood has to offer. Eco friendly bamboo flooring through out the home. Large travertine tile in bathrooms & washroom. Modern glass front & patio doors, custom contemporary garage door, and all new low e-windows through out. Kitchen has white quartz counter tops, all new maple cabinets, glass tile back splash, stainless steel appliances & recessed lighting. Cozy brick fire place in living room with double glass doors to balcony with views. Sun room located on the second tier level of the home with a view.This home also includes an office and additional sound proof room down stairs perfect for a recording studio or musician. Multi-tiered hillside property with lush landscaping featuring soaring bamboo stalks & mature agaves. Luxury sized patio great for outdoor entertaining. This turnkey home has an expansive view of Silver Lake Reservoir & neighboring rolling hills.
Listed with Shawna Foster, Realty ONE Group, Inc.
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
4 beds, 3 full, 1 part bathsHome size: 3,300 sq ft
Lot Size: 8,030 sq ft
Added: 12/20/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 22159625
Community: Highland Park
Built in 2008, this Pasadena adjacent architecturally designed modern masterpiece exhibits tasteful details throughout. With three levels of living space, endless possibilities are waiting. The ground floor features a bedroom plus a den with a private entrance. The main living area on the second level has an open loft-style floor plan with high ceilings making it perfect for entertaining. This main living floor offers a gorgeous limestone fireplace, spacious dining area, recessed lighting, and a large den adjacent to the fabulous kitchen. The large gourmet kitchen has custom cabinetry, granite countertops and professional line stainless steel appliances. The top floor has three bedrooms. Two rooms open to the outdoor space and they share a stunning bath with travertine tile. The master features a huge walk-in closet, master bath with a gorgeous tiled shower, whirlpool tub and balcony with Downtown LA views.
Listed with Ramiro Rivas (w/ Erica Swanson), Keller Williams Realty
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
2 beds, 1 full bathHome size: 697 sq ft
Lot Size: 7,496 sq ft
Added: 01/24/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: N12011961
Community: Atwater
Just Listed this Cozy 2 Bedroom 1 Bathroom home In the Prime area of Atwater Village. Living room and kitchen Also has Detached Garage. Large grassy front and back yard with great potential. Situated on a 7,500 SF lot in the city of Los Angeles. Needs some TLC property, being sold in "AS-IS" Condition. Priced to Sell, wont last. Just minutes to everything - Hollywood, Downtown, Freeways,Schools, Shopping and Restaurants. Located on a quiet residential street. Potential! Potential! Potential! See you in Escrow.
Listed with Pablo Gonzalez, STRATEGIC REALTY
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
4 beds, 2 full bathsHome size: 1,713 sq ft
Lot Size: 7,342 sq ft
Added: 12/14/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: S682189
Community: Los Feliz
Tract: Custom (CUST)
WOW! Charming 4Bed/2Bath with Fresh Carpet & Paint located on quiet tree-lined street. Addition in back shows permitted on LABDS. Priced to sell!
Listed with Chris Robertson, Real Estate Advisors
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 2 full bathsHome size: 1,365 sq ft
Lot Size: 7,390 sq ft
Added: 04/28/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: C11063375
Community: Highland Park
The price of this listing was last reduced on 1/27/2012 by 25%
***JUST REDUCED*** HONEY STOP THE CAR! Centrally located in Los Angeles near 110 Fwy and the City of South Pasadena. Property features 3 bedrooms 2 baths with plenty of parking behind house. . Property also features a recreation room that can be used as a kids game room, gym or private office. Please do not disturb the tenant. Buyer to satify themselves with city permits
Listed with IRENE LOPEZ, HOMELIFE/PLATINUM REALTY
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 2 full, 1 part bathsHome size: 2,163 sq ft
Lot Size: 5,025 sq ft
Added: 10/17/11, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12157804
Community: Mount Washington
The price of this listing was last reduced on 12/13/2011 by 4%
Great Price Reduction! Builders says let's get this sold Elements of Style are reflected as a blend of timeless & cutting edge styles in this new home built at the crest of Mt. Washington. This site specific design boasts 4 decks to capture the expansive views and floor to ceiling glass & skylights. 9 to 12 ft. ceilings, 3/4 solid oak flooring, stained concrete flooring,completely wired for voice/data & cable, innovative technology in the kitchen are just a few of the features that make this a very special home. You'll find the garage is wired for heat monitoring and is equipped with a dedicated outlet for an electric car. Both fully tiled baths include separate tub and shower. A very private setting! The interior and exterior color palette brings limitless sophistication to this contemporary design. There hasn't been and probably won't be many new homes being built on the hill, especially one of this outstanding nature. Only a few of the design ideas and features have been named her
Listed with Patricia Rollie, Re/Max Elite
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 3 full bathsHome size: 1,442 sq ft
Lot Size: 5,911 sq ft
Added: 01/20/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 22160548
Community: Glassell Park
Quite the Gem! Run don't walk to this fully remodeled home in the hills. Features 2 bedrooms and 2 bath on the main floor and 1 bed 1 bath studio style downstairs with own kitchenette. Updated from top to bottom with new dual pane windows, new custom kitchen cabinets with granite and new stainless steel appliances. New cooper plumbing, new sewer-lines, new gas lines, new water-heater, new garbage disposal and new electrical system. Reinforced foundation. New upgraded bathrooms and new retaining wall in back. Professionally landscaped. Views are spectacular!! Come see this gorgeous home and make it your own!
Listed with Alin Glogovicean, Redfin Corporation
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
4 beds, 3.0 bathsHome size: 2,483 sq ft
Lot Size: 10,967 sq ft
Added: 01/20/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12576783
Community: Mount Washington
Lender owned. Newer view home on culdesac up on Mt. Washington with lots of greenspace nearby. 10,967 sq. ft. of land, on 2 legal lots (2nd APN: 5471-006-005). Unobstructable views of San Gabriel mountains. Officially 2483 sq. ft. but feels bigger. Huge rooms, high vaulted ceilings on both levels, 2 story living room with fireplace. Huge master with fireplace, walk-in, spa tub and separate shower, sitting area, and private deck. Central air, grass yard, huge view decks, gazebo with hot tub, looonng gated driveway to 2 car garage. Needs updating and missing kitchen sink + 2 toilets. This is a steal.
Listed with Leo Nordine, Leo Nordine Realtors
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
2 beds, 1 full bathHome size: 852 sq ft
Lot Size: 4,950 sq ft
Added: 01/18/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: F12008170
Community: Silver Lake - Echo Park
Very Attractive & Remodeled Silver Lake area home on desirable and quiet street. Features 2 Bedrooms and 1 Bathroom. New Floors throughout including tile in Bathroom. Formal Dining Room adjacent to Living Room. Remodeled Kitchen with new Caesar Stone Counters tops, New Cabinets, New Floors, Sink and High End Appliances. Very Large Front yard freshly Landscaped. A comfortable Outside Patio Area. Painted inside and out. Detached Garage with a long Driveway for additional parking. Located just minutes from Schools, Parks and local Freeways. This is a must see, turnkey ready!
Listed with Jon Buxer, Strategic Realty
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
by bobtaylor90042@gmail.com on January 27, 2012
3 beds, 2.0 bathsHome size: 1,280 sq ft
Lot Size: 4,796 sq ft
Added: 01/24/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12577383
Community: Silver Lake - Echo Park
Super-cute two bedroom one bath bungalow and a one bedroom one bath guest house on one lot in Elysian Valley next to Echo Park,Silver Lake and Atwater Village. Tons of upgrades and a brand new foundation for the front house. Both vacant and ready to move in (rare). This is the smartest buy in North East LA. Cash flow positive as a rental or live in one and rent out the other to reduce your expenses.
Listed with Matt Manner, Extraordinary Real Estate, Inc
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
