Top 10 Home Trends that Buyers Want in 2016*

1. New finishes: Matte finishes will slowly replace stainless steel in 2016 and 2017.  They hide fingerprints, smudges and dirt, and they are easier to clean.
2. Cushioned flooring: The days of cement flooring are out. It’s too cold and hard on the feet. Cork flooring is making a comeback. It now comes in a variety of colors and is much more comfortable to walk on.
3. Circadian lighting: This year, GE is expected to release its new smart LED bulb that can change the color of the light that’s emitted. You’ll be able to set it to change from energizing white light during the day to a warmer, more relaxing orange glow in the evening.
4. Better water quality: The National Association of Homebuilders’ 2016 New American Home will feature a whole-home water filtration system. Clean living is in. For existing homes, this will be a popular feature tacked onto home renovation budgets.
5. Simplicity and tech: Efficient, family-friendly layouts and open floor-plans with smart home technology are going to be more popular than ever in 2016. Today’s buyers are looking for homes that are well-designed with more space in central living areas, great flow and clever, built-in storage.
6. Less grout surfaces and a clean aesthetic: Luxury vinyl flooring and larger tile (12 -by-24 inch or 36-by-36 inch as opposed to 12-by-12 inch) will be a huge trend in 2016. We’ll also see more of the larger 5-by-10 foot tiles in shower surrounds and walls in bathrooms.
7. Lower pile rugs:  Fewer shags and more patterned carpets will replace the standard plush. Cut and loop will be popular in 2016 and beyond. Carpet pattern and texture increase the perception of quality and value in carpet.
8. Enhancing health with clean design homes: Top trends will be fabrics that don’t hold dust, Quartz stone counter-tops that are lower maintenance with antibacterial properties and durability, mudrooms with benches where people can leave their shoes.
9. Luxury home amenities: High-end amenities such as outdoor showers, procedure rooms and private museums. Some luxury buyers are even scooping up the house next door to use for separate guest spaces.
10. Multi-family construction: Millennials and Generation Xers are likely to make up the largest portion of home buyers in 2016. New developments will be offering a wide variety of amenities such as pet-friendly facilities, observatories, luxury spa services, valet parking and on-site work spaces
*Danielle Procopio is a Realtor and certified home staging consultant at Coldwell Banker Residential Brokerage.
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Los Angeles Home Sales Volume for 4th Q 2015 vs 4th Q 2014

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Obama in Hancock Park This Evening for Two Big Fundraisers

IMG_0025There will be some street closures  later in the evening tonight around Hancock Park as two separate fundraisers are scheduled there.

The first 6:55 PM event is a reception with tickets ranging from $1,000 for the cheap seats and $33,400 for co-hosts  at the home of Scorpion EP Danny Rose and husband/entertainment lawyer Aaron Rosenberg. John Legend will be performing at the event.

President Obama delivers remarks today at the Pentagon after a briefing on U.S. efforts against the Islamic State.

The 2nd event is co-hosted  by HBO President of Programming  Michael Lombardo and partner Sonny Ward …a more intimate and pricey dinner with the President at the Hancock Park home of Leah and Sam Fisher at 8 PM. The Fishers and Lisa and Ken Soloman are also co-hosts at the $10,000 to $33,400 a ticket gathering.

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Pantone’s Colors of the Year 2016 are Rose Quartz and Serenity

Pantone has selected not one but two colors, Rose Quartz and Serenity, as the 2016 Color of the Year.

Rose Quartz (Pantone 13-1520) is a “persuasive yet gentle tone that conveys compassion and sense of composure.” The warm shade of pink will go nicely with spring florals and metallics as we round out the winter season. Serenity (Pantone 15-3919) is “weightless and airy, like the expanse of the blue sky above us, bringing feelings of respite and relaxation even in turbulent times.” Adding this soft blue hue with a slight hint of periwinkle will create a tranquil and spa-like setting.

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Hancock Park Estate Home Sales

Hancock Park Estate Home Sales 3 million & Over: January 2015 to Present (1/21/2016)

6/16/2015
15,510 sq ft
67480 lot
 

 

10/8/2015
7520 sq ft
39.738 lot
11/25/2015
8868 sq ft
20,497 lot
 

 

1/2/2016
6127 sq ft
15,702 lot
 

 

05/27/2015
6,243 sq ft
16,882 lot
 

 

11/13/2015
7,965 sq ft
20,000 lot
08/03/2015
6,284 sq ft
19,962 lot
07/09/2015
5,490 sq ft
14,209 lot
 

 

01/30/2015
5,058 sq ft
14,004 lot
01/14/2015
9,367 sq ft
26,756 lot
01/15/2015
7,800 sq ft
19,638 lot
 

 

01/06/2015
4,603 sq ft
22,473 lot
12/16/2015
4,762 sq ft
14,302 lot
 

 

01/07/2015
6,011 sq ft
20,023 lot
 

 

8833 sq ft
20,000 lot
 

 

04/29/2015
4,762 sq ft
14,302 lot
 

 

11/10/2015
4,770 sq ft
17,073 lot
 

 

12/21/2015
5,008 sq ft
12,254 lot
 

 

4,934 sq ft
12,181 lot
 

 

09/10/2015
4,530 sq ft
14,372 lot
 

 

01/06/2015
4,683 sq ft
13,500 lot
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03/31/2015
4,532 sq ft
12,533 lot
 

 

01/06/2015
5,070 sq ft
11,557 lot
 

 

6,118 sq ft
12,581 lot
07/17/2015
5,462 sq ft
18,020 lot
 

 

12/11/2015
4,532 sq ft
13,837 lot
Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. MLSPLUS™ Copyright © 2016 by TheMLS™. Information deemed reliable but not guaranteed.

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“Hancock Park Friendly” Craft & Folk Art Museum is Great for Families to Join!

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Hancock Park’s Chevalier’s Books is having a 75th Anniversary Party Dec 2nd at 6:30 PM

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Loft at Liz’s has a Reception Saturday November 7 at 7-10PM

loftSPECIAL LIMITED EXHIBITION!
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RECEPTION – SATURDAY NOVEMBER 7th (7PM – 10PM)
THURSDAY NOVEMBER 5th – MONDAY NOVEMBER 9th

Loft at Liz’s is located at 453 S. La Brea Avenue

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