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Real Estate News and Tidbits

Real Estate News and Tidbits

I receive lots of newsletters, some more interesting than others. This is Duane Gomer's real estate newsletter: FACTS THAT SOME PEOPLE DO NOT KNOW: Home Equity Loans:  They are fine loans to use when money is needed, and when there ...

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La Crescenta Real Estate Values 2

La Crescenta Real Estate Values

Americans bought more homes in June, the fourth straight monthly gain as the sales rate reached its highest level in more than nine years. Sales of existing homes rose 1.1 percent last month to an annual rate of 5.57 million, the best performan...

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La Canada Luxury Real Estate Sales 7

La Canada Luxury Real Estate Sales

Last month June 2016, the most expensive La Canada luxury home sale was 1447 El Vago St.  This Dilbeck listing sold for $3,650,000. The sellers had purchased and constructed this home in 2000.      MLS remarks read: An opportunity to own...

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La Crescenta Real Estate Values 2

Glendale Real Estate Sales

Last month (June 2016) there were 48 Glendale home sales. The average home is selling in just 35 days.  Lenders have acclimated to the new TRID guidelines and are closing escrow faster than at the beginning of the year.  Last year (June 2015...

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La Crescenta Real Estate Values 2

Pasadena Home Values

Last month (June 2016) there were 100 Pasadena lucky home buyers.  The low absorption rate reflects a very strong seller’s market. The average Pasadena home is selling for over asking price in 46 days. Last year (June 2015) 96 Pasadena homes...

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La Canada Luxury Real Estate Sales 7

Pasadena Luxury Real Estate Sales

Last month (June 2016) the most expensive Pasadena luxury sale was 1517 Lombardy Road.  Prior to selling, the home was unsuccessfully listed for $7,500,000, later reduced to $6,950,000 and after a total of 53 days on the market expired.  It w...

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Public Open Houses

Recently I have been holding more homes open.  As I have been selling real estate for more than two decades, I not only run into friends and neighbors but people I have met at other open houses.  At the Via Venado home in La Canada, I ran int...

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La Crescenta Real Estate Values 2

Harb and Co. Real Estate Wrap Up

We had a busy, busy June! We listed 5081 Fallhaven Lane in La Canada  and are prepping it for sale. We have met with the owner’s gardener and hired a painter. We have done a preinspection and had some plumbing repairs made. This La Canada h...

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Is it okay to bury a St. Joseph statue to help sell your home? 1

La Canada May Real Estate Values 2016

  Last month 24 La Canada homes closed – the average home sold for nearly $35,000 over the asking price. Selling prices ranged from $800,000 - $3,425,000.  A sale on Oakwood sold for more than $400,000 over the list price. Only one La ...

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