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Real Estate News & Inspiration, January 2018
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Hello Everyone! Happy 2018!
 
A new year is a fresh start. I know it is easy to get side tracked from working on your personal goals (professional, personal, financial, creative, real estate, etc.) when there is a lot of crazy stuff going on in the world. Remember to be kind to yourself! Take care of your health. Adjust your goals if necessary, but keep headed in the direction that you want to go!
 
Did you know you are 42% more likely to achieve your goals if you write them down?
 
Each January I make a vision board to help me visualize what I am working towards. I also make a list of goals (personal, professional, etc.) and then I break them down by the 4 quarters on the year and then I break them down again and make months actionable lists to help keep me on track. I use Circa notebooks and Evernote to keep my lists organized. I also just started using the app Routinist to help me remember to do some key things everyday. 
 
My goals for 2018 (the cliff note version):
  • Start vlogging on real estate and design ... I'll be on YouTube soon
  • Cook more and set a pretty table (omg, I've gained 15lbs in last couple of years mostly eating out.)
  • Read (or listen) to a lot more books on Audible
  • Regular exercise (more pilates, hikes in JT, etc.)
  • Working on my personal garden in LA (which has been ignored the last few years) and just generally trying to add more adventure into our life.
+ I'd love for you to ask me about how I'm doing with my goals and help keep me accountable!
 
Some things to think about:
What gave you the most joy and fullfilment last year?
What are you doing to keep yourself inspired and excited?
What are your goals for 2018? How are you going to get there?
 

P.S. Feel free to text me at 213-840-4481 with all your real estate questions! It's the quickest way to get a hold of me. 

 

MARKET UPDATES / FINANCE / INVESTMENT

Jobs report is in employment numbers disappoint, rates and wages on the rise

Are your taxes going up or down ? Use NYT calculator

How rising prices will help you build equity

Case study on how one person saved 30% of their income for a year

3-15 unit properties may offer highest return

Nationally, renter boom ending

Landlords may be getting tax break with new bill

Buildings built specifically for home sharing (Airbnb, etc.) starting to be built

Ramit on how to use money to buy back your time

Argument that luxury units being built will be the affordable housing of the future

Bitcoin mortgages?

Home values predicted to go up 4.1% in 2018

Best cities to buy in in 2018

 

SELLERS

Should boomers rent or sell after downsizing?

Time on market drops to new low
 

HOME BUYING PROCESS

What will be like to buy in LA in 2018? Expect rising prices, lots of competition

Why getting pre approved is the first step

Low inventory will remain a major issue in 2018

Benefits of using a realtor in home search

Tips for painlessly saving for a downpayment

Why is there so much paperwork?!

 

LOCAL

Pollen opens up in old FIX Coffee space on Echo Park Ave

Things to look forward to in LA this year

Craft beer bar opens in Lincoln Heights

 

DESIGN / HOME / RENOVATION / LIVING

Our real estate choices make adult friendships more difficult

Decor trends for 2018, lavender is back

Mobile homes/ RV's/Trailers are having a comeback

Going out to lunch a dying tradition as more people working from home

Things you should clean in your house but probably never have

Walkability high on buyers list

Sunset has some surprising plant combinations

Turn a closet into a mini home office

Pantone color of the year...2018

Emily Henderson's top 10 blog posts of the year

Best citrus varieties to plant

A brief history of NIMBY-ism

Roundup of the best storage bins

Marie Kondo is going to have a TV show

Obamas favorite books of 2017

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PATTY HUME is a realtor & designer based in Los Angeles (Echo Park) and Joshua Tree, California.

As a realtor at Keller Williams Los Feliz, Patty specializes in first time home buyers, vintage & architectural houses and listings in NELA. She also sells real estate in the HI-desert.

Originally from Cleveland, Ohio, Patty has lived in Echo Park since 2002. Patty is an alumnae of the University of Pennsylvania, where she earned her Master's degree in Landscape Architecture & Regional Planning. She is a LEED AP, landlord and Airbnb Super Host.

Follow her behind the scenes on Instagram.
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