L.A. Real Estate Agent Rates Highland Park in Top Five Desirable Northeast Los Angeles Neighborhoods

Highland Park, Calif. - Highland Park in Los Angeles has great benefits according to local real estate agent Raphael Guerin, who rates Highland Park in the Top Five Desirable Northeast L.A. Neighborhoods. Guerin, who specializes in Northeast Los Angeles real estate, says that Highland Park offers a culture of appreciation for the arts and a sense of community to residents that can be difficult to find elsewhere.

Guerin says that Highland Park's affinity for the arts goes back to its history as a charming artist's colony and gateway to the City of Los Angeles back in the 1800’s and early 1900’s.

"Highland Park stands out among L.A. neighborhoods as the home of Los Angeles' first museum, the Southwest Museum. In fact, an historic piece of Highland Park real estate is the rustic stone and adobe home of Southwest Museum founder Charles Fletcher Lummis. The Heritage Square Museum of several preserved Victorian Homes is an additional attraction that also holds various events throughout the year for the community."

In addition, he states the Audubon Center at Debs Park is a prominent fixture in the area with a variety of family programs being offered.

"Highland Park is the home of one of the most respected nature conservation centers in the country, located in nearly 300 acres of scenic native woodlands and grassy fields which also expands into the community of El Sereno. Over 140 species of birds have been spotted at the Audubon Center, and a number of nature programs are available to the public."

Guerin says that nature and the arts are not the only attractions for families interested in moving to Highland Park in Los Angeles, CA. He notes that the Craftsman, Custom and Vintage homes in Highland Park represent a sensational value for today’s buyers seeking character and view properties.

With over 200 properties sold this year so far in Highland Park, he says that bank-owned property inventory is minimal and short sales account for about 25% of homes presently for sale.

"There are many Highland Park homes for sale as interest rates hover in the 4% range offering a historic buying opportunity to get into this desirable Northeast L.A. neighborhood at bargain prices in a prime location."

Guerin says that average home prices range from the upper $300s to mid $500s, with inventory at approximately 100 single family homes now available for sale.

"Highland Park residential properties are currently under contract in about 60 days, with about 3.5 months worth of inventory. These are healthy statistics for this market."

What does all this mean for the average homebuyer? Guerin says that's an easy question to answer."

Now is a great time to buy a home in Highland Park, one of the Top Five Desirable L.A. Neighborhoods."

Raphael Guerin's Top Five Desirable Northeast L.A. Neighborhoods:

1. Mt. Washington
2. Eagle Rock
3. Atwater Village/Silver Lake
4. Highland Park
5. Glassell Park

For more information, contact:

Raphael Guerin, Realtor/e-PR0
Short-Sale & Bank-Owned Certified Specialist
DRE-LIC # 01381746
Keller-Williams Realty
1660 Hillhurst Ave.
Los Angeles, CA 90027
(323) 369-5111
http://discovernelahomes.com

Los Angeles California Real Estate Agent Raphael Guerin of Keller Williams Realty Says Eagle Rock Homes Retain Value

Los Angeles, Calif. - Ralph Guerin, a REALTOR® with Keller Williams Realty's Los Feliz office who specializes in Eagle Rock real estate says that Eagle Rock homes are doing exceptionally well at retaining their value because of a variety of factors that make the Northeast Los Angeles neighborhood unique.

He says that its location near Occidental College as well close proximity to Downtown L.A., the Burbank entertainment/studio industry, and Pasadena's Old Town, make it prime real estate. Many famous people have lived in Eagle Rock, from filmmakers to politicians. President Barack Obama even went to college at Occidental for a period of time.

Guerin notes that the amount of time homes remain on the market before they sell is generally less in Eagle Rock than other parts of Los Angeles due to its highly sought after status.

"Eagle Rock is holding its value very well compared to other Los Angeles homes. Local schools are excellent, and the Eagle Rock neighborhood has always had a small town feel that people want to live in."

Eagle Rock is a small but diverse community, with a character that is unusual for Los Angeles. Settled in the early 1900's and incorporated in 1911, the region remained rural farmland for decades before suburban growth pushed more home buyers into the area.

But Guerin says that there are no tract Homes in Eagle Rock, and that that's one of the reasons home values are so good here.

"Homes in Eagle Rock are as unique as the community itself. All of the houses are custom built – there were no big residential builders that moved into Eagle Rock, and that has kept the integrity of the small town feel."

He says that homes come in a wide variety of price ranges in Eagle Rock, with the most expensive home currently on the market being priced in the $1.4 million dollar range. The least expensive Eagle Rock listings is currently in the $250,000 range, providing ample value for working class families who want the peaceful lifestyle that comes with living in the city.

On top of all that, the commute is great from Eagle Rock to most employers in the L.A. area. The community boasts easy access to the Ventura Freeway (Hwy. 134) and Glendale Freeway (Hwy. 2), with popular destinations like malls and film studios being only a short hop away.

When asked what the Eagle Rock real estate market has in store for the future, Guerin says that no one can have a crystal ball. But he does note that if the past is any indication of the future, it should be an easy decision for buyers to choose Eagle Rock to buy their next home.

"Buyers need to be motivated to react quickly when new Eagle Rock listings come on the market, because they typically sell faster than listings in other parts of Los Angeles."

For more information, please contact:

Raphael Guerin
Realtor/e-PRO, DRE LIC # 01381746
http://discovernelahomes.com/
323-369-5111