Don’t look now, but the spring home-buying season appears to be in full bloom. Buyers and sellers are picking up steam, homes are shuffling quickly on and off the market, and low inventory continues to drive up the bidding as we march toward summer.
Simply put, the Southland market is putting the “hot” back into Hot Property. Here’s a look at the realty news that registered on our heat index in the last week.
Scream of an offer
Safe to say the Hollywood Hills home of late horror filmmaker Wes Craven scared up some serious market interest. The mid-century compound, which was also owned at one time by actor Steve McQueen, sold this week for $3.525 million — a healthy $230,000 over the asking price.
Set at the end of a gated drive, the flat-roofed home has curb appeal with a Zen-inspired fountain and landscaping. Clean lines, walls of glass and open interiors define the well-preserved post-and-beam.