Showing posts with label george izquierdo broker realtor owner real estate latino. Show all posts
Showing posts with label george izquierdo broker realtor owner real estate latino. Show all posts

Wednesday

Highland Park-Garvanza History & popular architectural styles explained

We are so proud of our Three decades of service in Highland Park, CA and we would like to share the historical richness and deep LA roots that this community offers to LA's interesting history & culture. The information below is extrapolated from the HPOZ preservation plan (see full report by clicking the link at the bottom of this post).

We will be sharing snippets of this report in a succession. Please enjoy the first installment which explains Highland Park's history as well as a wonderful explanation of a popular architectural style of home commonly found in Highland Park called "The Foursquare". Enjoy and feel free to leave feedback and comments below!

19th Century Styles: American Foursquare


History of Highland Park & Garvanza
Nestled between Pasadena and downtown Los Angeles, Highland Park,

and its various smaller neighborhoods, represents a direct link to the

developmental and cultural history of Southern California. A result

of the 1880’s land boom, it was one of the earliest L.A. subdivisions.

Bolstered through the years following its founding by easy access to

nearby rail transportation, the community would continue to grow up to the period after the Second World War. By the 1980s, new housing

developments were threatening to overrun the historic character of the neighborhood, generating a strong community interest in preserving and celebrating the history of the area. This would prompt the City of

Los Angeles to designate the area a Historic Preservation Overlay Zone in 1994.


Highland Park-Garvanza Period of Significance
The Highland Park-Garvanza HPOZ contains residential, educational, and commercial spaces built during the late 19th century and early to mid 20th century. It retains the character of these periods, and is host to many examples of styles including Craftsman, Colonial Revival, American Foursquare, Victorian, and Spanish Mission revival. Due to the broad defi nitions, the period of signifi cance is considered to be between 1886 and 1961. Like in many other historic Los Angeles neighborhoods, the pre-turn of the century homes were often based on East-Coast homes, built
from pattern books or plans based on European models. The practice of building many styles of homes within the same neighborhood would lead to a salt-and-pepper effect, with old styles standing next to newer ones, establishing an eclectic fl avor to Highland Park. There are however some concentrated areas of buildings in the same style, which are described by the fi eld study as being prime examples of their respective types.


Background

The American Foursquare style is a residential style frequently used in

Los Angeles from the turn of the last century through the 1910s. Popular

in American suburban development, the style lent itself to low-cost

design that maximized square footage on small lots while presenting a

dignifi ed appearance. A precursor to the Craftsman and Prairie styles,

Foursquare houses tended to avoid the ornate detail associated with

styles such as Queen Anne and Eastlake.

Common Components of the Foursquare Style

A Foursquare house is generally two stories, with a simple square or

rectangular footprint, a low-pitched, usually hipped, roof, a front hippeddormer,

and a substantial, though often asymmetrical front porch.


Columns suggestive of the classical orders, dentils, and traditional

moldings are also commonly found on Foursquare houses. Windows are

always rectangular and may be arranged singularly or in groups—often

the fi rst fl oor will have grouped windows and the upper-fl oor will have

singular windows. Doorways are also rectangular and tend to be wide,

often with large panes of glass in the door or as side lights. Cladding

may be masonry, clapboard or to a lesser extent stucco.


Elements of the Foursquare are often found mixed with the early

Colonial Revival and Prairie styles, though the simplicity of the basic

Foursquare house lent itself to being decorated with the features of

many other styles popular at the time.


General Characteristics:

• Simple floor plan

• Boxy, cubic shape

• Full width or off-set front porch with columnar supports and wide

stairs

• Offset front entry in an otherwise symmetrical facade

• Two to two-and-a-half stories

• Pyramidal, hipped roof, often with wide eaves

• Large central dormer

• Large single light windows in front, otherwise double hung

• Incorporated design elements from other contemporaneous styles,

but usually in simple applications

• Simple and restrained two-color and three-color paint schemes

highlighting body, trim and accents


Highland Park-Garvanza PP Ch1-Ch6.pdf (application/pdf Object)



Highland Park-Garvanza PP Ch1-Ch6.pdf (application/pdf Object)

Las Casas Realty Executive Offices

5713 York BlvdLos Angeles, CA 90042
(323) 254-2206

Monday

Real Estate: Finally a good investment?

Smart Money

Real Estate: Finally a good investment?


The housing market still looks pretty bleak: There were a record 1 million foreclosures last year, home prices are still falling in many regions, and the number of "underwater" properties is at a record high.

And things don't look much better in other areas of real estate. The number of construction jobs continues to decline, even as other parts of the economy have added jobs. And mortgage rates have moved higher as long-term Treasury yields have backed up during the past few months.


Basically, the real estate market remains a mess.

Real estate encompasses a wide range of markets – homes, apartments, hospitals, office buildings, strip malls, dormitories and other properties. But for our purposes, let's focus on residential real estate, or homes. Here are four reasons to think residential real estate might represent a bargain – with one big caveat.



KEEP THIS IN MIND

• Everyone hates homes - When the housing market is in the doldrums, people tend to avoid thinking about the value of their home. Sellers complain they’re not getting offers and buyers bemoan the strict lending requirements. However, prospective buyers should be contrarian and take advantage of a down housing market.


• Smart people are buying real estate - A prominent hedge-fund manager said in a speech last fall: “If you don’t own a home, buy one. If you own a home, buy another one, and if you own two homes, buy a third and lend your relatives the money to buy a home.” He believes that interest rates and home prices will rise this year, so real estate bargains won’t last much longer.


• Real estate performs well during inflation – Convention says Treasury Inflation Protected Securities, commodities, and real estate do well in an inflationary environment. Real estate performed well during the period in the 1970s, when persistent inflation and high unemployment occurred.


• Demand may be coming back - Job creation and getting people employed are the two major factors in the housing rebound. There’s much debate about when the job market will recovery. Optimists say the recovery will happen this year, while pessimists say it won’t happen for several years.


Read the full story:

http://www.smartmoney.com/personal-finance/real-estate/-1295050347411/

Las Casas Realty Executive Offices

5713 York Blvd Los Angeles, CA 90042
(323) 254-2206

Sunday

Pricing: Finding the Magic Number: Sales & Marketing: REALTOR Magazine

Finding the Magic Number

Pricing strategies can help you market your listings and generate offers that turn into closed deals.
By Katherine Tarbox | January 2011 (via Realtor.org)

"Once you get a real estate license, you can start telling consumers what their homes are worth," says Melanie McLane, ABR, CRB, owner of the Melanie Group in Jersey Shore, Pa. She’s a certified appraiser with more than 30 years’ experience in real estate. "But I find many people aren’t prepared or haven’t done their homework to know what the market will support before giving price estimates."

And just doing your homework isn’t the end of setting a price; it’s also important to have a pricing strategy that works for your market and your clients. Here are four techniques:

Read the article: Pricing: Finding the Magic Number: Sales & Marketing: REALTOR Magazine

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