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Is Home Staging Worth the Expense?

Is Home Staging Worth the Expense?

When is home staging worth the expense? It depends, not every home needs to be professionally staged. Obviously an experienced Realtor with great marketing is crucial. Let’s take a look at this La Crescenta home I just sold. In this instance...

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How lazy can you be? 1

That slacker real estate agent can cost you the home

Earlier this year I sold a La Crescenta home. We had it staged, held it open and it quickly sold for well above asking price. The buyer’s real estate agent will remain nameless.  Attention home buyers: your choice of real estate agent ca...

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Reverse Mortgage and Foreclosure

Reverse Mortgage and Foreclosure

Is a reverse mortgage more foreclosure prone? Last month, I closed escrow on a San Fernando Valley foreclosure. The former owner obtained a reverse mortgage.  When there is a reverse mortgage and the owner passes, the estate has six months ...

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La Crescenta Real Estate Values

La Crescenta Real Estate Values

It is an extremely hot seller’s real estate market in La Crescenta. I keep discussing real estate values, average prices and absorption rates.  The  Absorption rate is a calculation of how long it will take for all of the homes on the marke...

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La Canada April 2015 Real Estate Values

La Canada April 2015 Real Estate Values

The number of La Canada home sales has picked up and sadly (for home buyers) the absorption rate is down. The percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years, according to a report from...

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LA CANADA MARCH 2015 REAL ESTATE VALUES 2

LA CANADA MARCH 2015 REAL ESTATE VALUES

How is the La Canada real estate market? Well if you ask La Canada home sellers,  the market is great.  But on the flip side, just ten lucky La Canada buyers were able to close escrow on their La Canada dream home last month.  The average p...

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Pasadena March 2015 Luxury Real Estate Sales

Pasadena March 2015 Luxury Real Estate Sales

The most expensive Pasadena home sale in March (2015) was newly constructed 543 Woodward Blvd. The home is over 5500 square feet on ½ acre.  The buyer purchased the home with cash. Search all Pasadena listings here

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WHAT IS AN APPRAISAL CONTINGENCY?

WHAT IS AN APPRAISAL CONTINGENCY?

  It’s a red hot seller’s market. Inventory is low and some home buyers are nearing desperation.  They are tired of writing offers and not being selected. There are many components of a strong offer other than price. When the price o...

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La Crescenta March 2015 Luxury Real Estate Sales

La Crescenta March 2015 Luxury Real Estate Sales

La Crescenta luxury real estate is personified by Markridge Estates.  Last month’s most expensive La Crescenta home sale was 3812 Brittany Lane in La Crescenta’s Markridge Estates community.  This 4 bedroom, 4 bath home is over 3700 squar...

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