22nd Tuesday May 2012

7 Things L.A. Eastside Sellers Should Know Now

Written by: Vanessa
Comments: 0
Category: Real Estate Bits

Both $395k in Highland Park: Flip (left) sold in 30 days. Non-flip is still on the market

Hyper local real estate news from the Eastside of Los Angeles for Sellers:

– Spring is here. This is the time to unload
– Quality inventory is very low and buyers are more quality conscious
– You’re competing with very well done flips – invest in staging & storage
– Don’t get greedy. Price it exceptionally well to draw interest & multiple bids
– If you’re not getting bites in the first 14 days, something is wrong
– Put your money where it makes the most impact to prep your home for sale
– Get an agent who knows your area, not Long Beach or the Westside

News By Neighborhood

– Congrats to homeowners in Eagle Rock and Atwater Village, you’re sizzling hot
Silver Lake/Echo Park continues to be pricey and buyers are still moving to NELA 
Highland Park quality flippers are making it very hard for regular sellers
Highland Park sellers, unless your home is perfect, price it lower than the closest flip
Los Feliz Village has almost nothing under $599k. Own a charming bungalow?
Glendale’s Adams Hill (91205) is in demand for homes in the $400-600k price range
– Flipping is growing in El Sereno and Montecito Heights with resale in the $200ks

Are you a buyer? Check out 7 Things L.A. Eastside Buyers Should Know Now

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