Interest Rate Update

Here are the approximate interest rates for this week of July 25th. 2008 for 30 year fixed loans for residential properties (single family homes and condominiums):

Conforming Loan (loan amount up to $417,000) - 6.375%
Agency Jumbo Loan (loan amount $417,000 - $729,750) - 6.625%
Jumbo Loan (loan amount over $729,000) - 7.625%
An alternative to the high interest rate of the 30 year fixed jumbo is the 10 year fixed converting Jumbo loan (loan amount over $729,000)- 6.5%

This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.

The Coolest House on Caravan

2112 Midvale Avenue

We at the Westwoodian were very impressed with this home. It has an open, airy feeling throughout that conveys a sense of ease and comfort and a hint that this home will live very well.

Per the listing agent: It is an a Exquisitely remodeled cedar shingled Cape Cod on quiet tree-lined street in desirable Westwood Charter Dist. This 3 bd. + 3.5 ba. home is inspired w/cottage style detailing-moldings, custom woodwork, distressed walnut floors thru-out.

Featuring marble countertops, Viking appl & ctr island, kitchen opens to FR w/fpl. Master w/fpl, 2 walk-in closets & vintage style soaking tub overlooks private garden. Sunlit w/ideal floorplan for entertaining. Imbued with charm & authentic details.

The home is listed for $1,497,000. If you'd like to see this home or for any inquiries please contact Mickey and Jamie at The Westwoodian at 310-442-1398 or 310-339-3525, email- mkessler@verizon.net, jtheis@camoves.com. You can also contact the listing agent- John Woodward at Coldwell Banker- 310-777-6227, email- johnwoodward4@yahoo.com. For more information about this property you can also visit Zillow.com or LALife.com.

Interest Rate Update

These are the approximate interest rates for this week of July 18th. 2008 for 30 year fixed loans for residential properties (single family homes and condominiums):

Conforming Loan (loan amount up to $417,000) - 6.375%
Agency Jumbo Loan (loan amount $417,000 - $729,750) - 6.625%
Jumbo Loan (loan amount over $729,000) - 7.5%
An alternative to the high interest rate of the 30 year fixed jumbo is the 10 year fixed converting Jumbo loan (loan amount over $729,000)- 6.375%

This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.

Intuition

INTUITION

Intuition is another crowd pleaser not just for West LA natives but it seems people from all over the city come to shop at this truly unique clothing boutique. It’s a celebrity favorite and has been published in many of the fashion/gossip magazines. Located on Pico just East of Overland, you will find all the latest and greatest trends and if you’re lucky, you may even spot a celebrity.

The prices are across the board from rather inexpensive tees, tanks and accessories to rather expensive dresses and party wear. I found the store to be a bit claustrophobic but the inventory was spot on.

The owner is a native to West LA and you know how we feel here at The WestWoodian about local “mom and pop” businesses. Stop in, check it out and support our neighborhood. 10581 Pico Blvd, Los Angeles, CA 90064. There’s free parking in back. If you’d rather shop online and beat the traffic, check out their website at http://www.shopintuition.com/. There are some great deals to be had here.

The Coolest House on Caravan

1938 Westholme Avenue

For the buyer who wants a luxurious Brentwood Park style home in a Westwood location, this clap-board traditional fits the bill. This New Construction home was just Completed July 1, 2008. It's a Traditional 6 bedroom, 5.5 bath Cape Cod residence on one of the most desired streets in Westwood, south of Santa Monica Blvd.
It is over 5,100 sq.ft. of living space on an oversized 7250 lot.



The home features a 1,100 sq.ft. "Four Seasons" style master suite with a marble bath and sitting area, office/Study. The living and dining rooms are well sized and open. In addition there is a great room with French doors that open to a large flat backyard. The kitchen is huge and features Viking appliances and opens to a family room. Systems include sound, home theater, CCTV ABD security.



The home is listed for $2,995,000. If you'd like to see this home or for any inquiries please contact Mickey and Jamie at The Westwoodian at 310-442-1398 or 310-339-3525, email- mkessler@verizon.net, jtheis@camoves.com. You can also contact the listing agents- Michael and Marni Shore of Shore Real Estate at 310-435-2351 or 310-301-7968, email- Shorerealestate@sbcglobal.net. For more information about this property you can also visit Zillow.com

The Coolest House On Caravan

1608 N. Thayer Avenue

We at the Westwoodian chose this home for this weeks CHOC because it is so charming and well executed. This home is not of huge scale however it is naturally bright and has an nice open airy feel and conveys the sense that the home "lives well". As evident in the photos, it is nicely furnished/staged which adds to the homes emotional appeal. All this considered, we predict that this home will sell quickly.

This home is set above the street for privacy, this warm and inviting 1930's 3-bedroom, 2-bathroom residence has wood floors throughout, a fireplace, beautiful moldings and other original details.

Newly updated bathrooms and eat-in kitchen with stainless steel appliances, whole-house music, central air, and lots of natural light. The enormous, flat and lushly landscaped backyard is

completely private. Perfect for entertaining. Truly special place to come home to.

The home is listed for $1,595,000. If you'd like to see this home or for any inquiries please contact Mickey and Jamie at The Westwoodian at 310-442-1398 or 310-339-3525, email- mkessler@verizon.net, jtheis@camoves.com. You can also contact the listing agent- Kira Gould of Keller Williams Realty at 310-963-9563, email- kira@house-philosophy.com. For more information about this property you can also visit Zillow.com