Think real estate values are decreasing anytime soon? The CoreLogic HPI Forecast indicates that home prices will increase by 5.1 percent on a year-over-year basis from April 2017 to April 2018, and on a month-over-month basis home prices are expected to increase by 0.7 percent from April 2017 to May 2017. Read more here:
Last month the least expensive Glendale home sale was 518 Hahn Ave. This two bedroom, one bath home sited on 2,392 square foot lot sold for $460,000. Last month, there were twenty one Glendale home sales over $1,000,000. With real estate prices so high, first time home buyers in Glendale may need to set their sights on condos or townhomes. At this point while interest rates remain at record lows, don’t expect Glendale real estate values to drop anytime soon.
The dual language immersion program at Glendale schools and the Americana at Brand have elevated this once sleepy suburb into a highly desirable community. Give Phyllis a call @ 818 790-7325 to learn more about the city and Glendale, CA real estate.