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