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Winning the bidding wars

Saving On Capital Gains

Dear Phyllis, My parents moved out of state two years ago and converted their home to a rental. To avoid capital gains tax, my accountant thinks my parents should sell since it was their primary residence for at least 2 of the last 5 year...

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Happy Thanksgiving

Thanksgiving is my favorite holiday - it's simply about being grateful. At this time of year, my thoughts gratefully turn to those who continue to make my success in real estate possible. I sincerely appreciate the confidence you have be...

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Luxury Home Sales in Glendale, California

Last month the most expensive luxury home sale in Glendale was 1623 Hill Crest Ave. which sold for $2,681,250. This Glendale estate was listed for $2,495,000. MLS Remarks Read: This is truly one of the most spectacular GATED compounds i...

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La Canada Home Values

Last month La Canada home values ranged from $775,000 to $6,500,000. Half of La Canada homes sold for less than $1,666,000 and half sold for more (median selling price). Only one home sold for under $1,000,000. Six La Canada homes sold b...

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Winning the bidding wars

Transferring Property Taxes

  Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Dear Phyllis, Next year my wife and I plan to downsize to a smaller home or condo. We are contemplating...

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Glendale, CA Home Values

High student loan debts and a lack of affordable houses are responsible for a nearly 36-year low in the number of Americans buying their first home, a new real estate report says. First-time buyers have accounted for around 34 percent of ho...

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How to determine if it’s the right time to sell?

Regular readers of my Los Angeles real estate blog know that most homes are selling quickly and for over asking price. It seems that home values just keep increasing; it’s enjoyable to watch your home’s equity grow.. In more than twent...

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Luxury Home Sales in La Crescenta, CA

Luxury real estate sales in La Crescenta are still doing very well. Last month the most expensive La Crescenta home sale was 2934 El Caminito, interesting fact the seller bought this home in 1996 for $100,000. The MLS remarks read: L...

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