Main Content

Home » Blog

Blog

Glendale Real Estate Values are up 17% in one year!

In August 2012, 64 homes sold in Glendale, (8 were short sales and 8 were foreclosures). The average selling price per square foot was $327.70 (17% less than this year).   I have been concerned over how quickly Los Angeles and Glendal...

Read more

Rising Interest Rates

Rising Interest Rates

In the late 70’s I worked for Los Angeles Federal Bank at One Wilshire in LA.   The primary loan was a single family fixed rate loan with a 30 year term.  Many of the loans had a prepayment feature. If you paid the loan off before a specif...

Read more

La Canada Home of the week 1

La Canada Home of the week

Actually it’s a townhome adjacent to the La Canada Country Club. It’s located at 5383 Godbey Drive and it’s impeccably remodeled. MLS remarks read: This remodeled townhouse is the very definition of elegance. The first floor features a...

Read more

La Canada Real Estate Values up 22% From Last Year

I am still trying to acclimate to my new blog, but love the crisp look of it. La Canada real estate statistics are in! In August 2012, there were 24 La Canada homes sales versus this year’s 27. The average price per square foot was $41...

Read more

Another home sold and closed

While in college I was a student worker at the Van Nuys Court; it was a horrible job.  Everyone who came or phoned was cranky; they were paying fines, fighting tickets, etc.  I worked there several years and then embarked on my mortgage banki...

Read more

What a home buyer will pay more for

Although the local real estate market has stabilized, affordable homes in the highly desired Los Angeles neighborhoods are still hard to come by.  Most home buyers need to sacrifice a portion of their wish list, it could be lot size, square fo...

Read more