ENGEL & VÖLKERS AUGUST NEWSLETTER
Amidst sounds of snoozing lions, cackling monkeys and exotic birds, cozy up to over 55 craft brews at the L.A. Zoo’s 6th annual beer-centric bash. Opening the gates after hours from 7-11pm, this historical landmark boasts a night filled with live bands, DJ sets, pub-style grub, close-up animal encounters and more beer than you can imagine. Throw back a cinnamon-dusted churro and dance through the exhibits at this 21+ event. Chances are, you’ve never seen the L.A. Zoo quite like this. Click the picture or link for tickets!
In choosing the color of the year, the team at Benjamin Moore found that Mascarpone was too creamy and Ice Mist too frigid. In the end, Simply White OC-117 was just the right white for 2016. Never before had the New Jersey-based paint manufacturer chosen white as color of the year. (Last year’s winner was Guilford Green.) But in real estate right now, white is hot, with home builders, developers and designers going for a white-on-white look in everything from reclaimed barns to posh penthouses. “Designers would be paralyzed without white,” says Andrea Magno, who heads the color team at Benjamin Moore, which offers more than 250 shades of white. Read the full article here.
Engel & Völkers Homes and Real Estate News
1. With Interest Rates Dropping, Is Now the Time to Refinance? New York Times: When interest rates drop noticeably, astute homeowners react quickly, as they've been doing in the weeks following Britain's vote last month to leave the European Union. The decision rattles the markets, mortgage rates fell to near-record lows, and refinancing applications took off. In the week after the vote, Zillow reported a 132 percent ure in refinance requests through its online mortgage marketplace, while the Mortgage Bankers Association's weekly measure of application volume showed the highest level of refinance applications since January of 2015. Read the full article here.
2.Here's How Much it Will Cost to Buy Alanis Morissette's Ottawa Condo, MetroNews: If you’ve got about a million bucks lying around, you could have one hand in your pocket and the other holding a set of keys to a swanky Ottawa condo. Ottawa-born singer-songwriter Alanis Morissettte is looking for someone to buy her luxury sub-penthouse condo in Lowertown’s “embassy row” on Boteler Street, off of Sussex Drive. Boasting unobstructed views of the Ottawa River, Parliament Hill, and the Gatineau Hills, the two-bedroom unit owned by one of Canada’s greatest musical exports is listed for $989,000. John King, a broker with real estate company Engel & Völkers Ottawa Central, is working with Morissette’s team in Los Angeles and is emailing the You Oughta Know singer directly on some finer details, he said. Read the full article here.
3.Two Bed Two Bath Pacific Palisades Home in Prime Location 16169 W. Sunset Blvd. #201: Two Bedroom Two Bath Pacific Palisades home in prime location! Living is easy in this turn-key, low maintenance condominium with low homeowner's dues. Southern and eastern exposure means your home is light and bright all day. Enjoy morning coffee on your patio with refreshing and relaxing ocean breezes. The open floor plan has excellent flow with plenty of room for casual and/or formal dining and gatherings. There is even room for a home office and/or guest room. Parking is simple with two-car secure parking close to elevator. Everything you need is near in this great location, close to beaches, parks, shopping, dining, entertainment, and more. You truly can have it all. This is the right home at the right price. Schedule your tour today and be sure to inquire about the added value of the Caruso re-development of Pacific Palisades Village. Contact us to see this property today!
4. Beautiful Town Home Located in the Desirable Rockpointe Community 10155 Larwin Ave. #1: Welcome Home! Here's a beautiful townhome located in the desirable Rockpointe Community. One of the best kept secrets in Chatsworth, this serene park community is tucked into the beautiful Santa Susana Mountains surrounded by nature. Featuring over 2000sqft of living space with moderate upgrades, fireplace, vaulted ceiling, and dual living areas that can be used for multiple purposes. There's a formal dining area with open wet bar, and spacious family room opens to the newly appointed kitchen offering newer appliances, modern quartz countertop and backsplash, with plenty of cabinets and storage spaces. There's also a powder half-bath downstairs for guests. Upstairs leads you to the large master bedroom with double door entry, a private bathroom and walk-in closet. There are three additional bedrooms, and shared full bathroom with dual sinks. The 2-car attached garage with direct access is located toward the rear of the unit, and off of the entertainer's patio. Community amenities include park-grounds, trails, recreation rooms, BBQs and pools. Also nearby is Chatsworth Park with tennis, baseball and basketball courts. Hurry, as you can imagine these units sell quickly! Contact us to see this property today!