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New Construction Homes Are a Hit in Silver Lake

LOS ANGELES—The once hipster neighborhood is seeing a high demand for new-construction for-sale homes, and the new SL70 development is filling the void, GlobeSt.com learns in this EXCLUSIVE interview.

By Kelsi Maree Borland | Updated on October 02, 2015

LOS ANGELES—Trumark Homes has recently unveiled SL70, a 70-home single-family residential development in Silver Lake, to phenomenal success. Although it is hailed as a hipster capital, Silver Lake has a high demand for for-sale, single-family, new-construction homes, and SL70 is filling the void. The two-and three-bedroom homes in SL70 start at only $600,000 in a market where homes often start at $1 million. We sat down with Mark Higgins, the SVP of sales and marketing for Trumark Homes, to talk about the demand for housing in Silver Lake and how this development is unique for the market. Here is what he tells us in this exclusive interview:

GlobeSt.com: What is demand like for for-sale housing in Silver Lake, and what is driving that demand?

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