Despite what many buyers think, people are buying. And buying real estate in Silver lake is as competitive as maybe dare I say, 5 years ago. Silver Lake Homes and Echo Park Homes priced below $700,000 are moving. And while some buyers are quite active and know the competition for Silver Lake real estate is fierce, others are still in disbelief and are waiting for the perfect home, at the perfect price and the perfect location. I’ll be honest with you. There are 100’s of ready and willing buyers with the same desire to purchase a home in Silver Lake and Echo Park. My advice. Be ready to see a home ASAP, some sellers aren’t going to wait and see how many offers comes in. They’ll many times take a strong offer, even if it’s one of the 1st few. as fast as you want to buy it. Many times they are just as ready to sell it and move on fast as well. Here is a few recent homes in Silver Lake and Echo Park that have just closed escrow.

2209 BERKELEY AVE , LOS ANGELES ,CA   90026 :: List Price: $599,000

3 + 2 :: 1228 square feet of living space :: Days on Market: 10 :: Sold Price: $582,500

 3031 CASTLE ST , LOS ANGELES ,CA   90039 :: List Price :: $569,000

1+ 1 :: 748 square feet of living space :: Days on Market: 38 :: Sold Price: $527,000

                                Contact Me anytime with any questions :: HotLAHomes@gmail.com

This entry was posted on Friday, May 14th, 2010