The most expensive home sold in October 2019 was 154 Allen Ave, Glendale. This gated estate sold for$2,250,000 in eighty-one days to a cash buyer. This luxury home was originally listed for more than two years in April 2018. After not selling for a year the $2,900,000 price was reduced to $2,749,000. After another year they relisted with different Realtor at $2,495,000 before eventually selling.
MLS REMARKS READ: Hidden securely and privately behind walls of greenery and a huge wood gate sits this immaculate equestrian estate GEM. Out of 785 zoned horse properties in the Rancho, this is one of the top properties. On the 31,000 sq ft lot sits the 2108 sq ft home, a guest house, the horse keepers apartment, a 4 stall barn with feed room, turnouts for each stall, an arena, tack house, sitting area, groom and tack your horse area, AND the most amazing pool anywhere!! The pool alone has its own income. Recently completely remodeled to an amazing taste level, this property is both contemporary and traditional all together, A MUST SEE! Too much to list! Come home to the Rancho and live a little bit of Beverly Hills within the Rancho lifestyle.
Nationwide update: “Delinquency rates are at 14-year lows, reflecting a decade of tight underwriting standards. The benefits of prolonged low interest rates and the improved balance sheets of many households across the country. Despite this month’s near record-low serious delinquency rate, several metros in hurricane-ravaged areas of the Southeast have experienced higher delinquency rates of late. We expect to see these metros to return to pre-disaster delinquency rates over the next several months.” – Frank Martell President and CEO of CoreLogic