A Real Estate Reality Check

Suzanne Dranow Real EstateI recently spent a weekend in Evanston, Illinois, the suburb just north of Chicago, and I fell in love. With a house. It has three bedrooms and three bathrooms. It is 1,800 square feet. I find myself dreaming about it throughout the day.
In LA, I spend a lot of time with clients looking at huge homes on the ocean or golf course, quadruple restaurant grade ovens, the two refrigerators and a third walk-in for frozen food, the expansive wine “closet” that could benefit from a golf cart (or at least a Segway).  I look at more modest houses, as well.  I’ve become enthralled with their charms and features (give me an O’Keefe and Merritt stove in a prairie-style Craftsman and I’m baking and making tea just to enjoy using the thing).

[Read more…]

A Rose by Any Other Name…

Suzanne Dranow Real Estate
Coach, the holding company that owns Coach leather and several other brands, is changing its name to Tapestry to better represent that they are a multi-faceted fashion house “… not limited to any category, channel or geography,” which was, of course, my exact thought when I heard the new name.
[Read more…]

Can High End Development Help With Housing Affordability?

Suzanne DranowI was persuaded to attend a roundtable on the effects of luxury housing on all strata of real estate. I’ll admit I went kicking and screaming, but I’m glad I went.
I was invited (dragged?) by Spencer Krull*, who can put me to sleep when he starts going on about surveys of infill mixed-use urban development trends, but he knows his stuff and he had an extra ticket and promised me a good sushi lunch.

[Read more…]

Real Estate: A Contact Sport

Suzanne DranowArriving in New York on a late flight, the first stop is always Rue 57 for the steak frites, and more importantly, the company.
Real estate is a contact sport and as I find myself doing more and more business in New York it’s important that I stay in contact with my circle. In Los Angeles, they say the entertainment business is mostly about “who you know,” and this is even more true when it comes to Manhattan real estate. Unlike LA, NY doesn’t have a multiple listing service and though the majority of listings show up on one real estate site or another, the truly spectacular listings (even just the “pretty good” listings) are often kept behind an invisible velvet rope — and access is reserved for those who can get on the guest list.

[Read more…]

Teles Becomes Part of Douglas Elliman

Exciting news!  More great opportunities and a fantastic advantage for my clients on both coasts.

http://www.latimes.com/business/la-fi-douglas-eliman-teles-20170731-story.html

Making Bids on Homes– Sight Unseen

suzannedranowStudies are showing that luxury buyers are more likely to bid on homes without seeing them.  Millennials are setting the pace.  Interesting article…

http://www.mansionglobal.com/articles/67159-in-u-s-luxury-buyers-more-likely-to-bid-on-homes-sight-unseen

 

Beautiful New Listing in Westlake Village!

Gorgeous 5 bedroom, 4.5 bath quiet cul-de-sac home in Braemar/North Ranch in Westlake Village.  Recently remodeled with over $200,000 in fantastic upgrades that include rich hardwood flooring, floor to ceiling temperature controlled wine closet with glass enclosure, custom lighting and hardware throughout the over 3500 sq ft of interior space.  The dramatic entry boasts a grand foyer, soaring ceilings and spiral staircase. Large windows bring in amazing light, and a formal dining room with tall French doors leads to a patio and breakfast area. The downstairs features a large chef’s kitchen, a family room with fireplace, one bedroom with en-suite bathroom, a powder room, laundry, and an oversized 3 car garage. Upstairs highlights include an oversized master suite with private hillside views, a spacious walk-in closet, skylights, and romantic fireplace, three additional spacious bedrooms with two bathrooms.

From the impressive entry to the quiet and private backyard this home is truly one to be seen.  $1,449,000Suzanne Dranow Westlake Village

http://725cedarpoint.com