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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 CRESCENTA MARCH 2015 REAL ESTATE VALUES

LA CRESCENTA MARCH 2015 REAL ESTATE VALUES

Looking at just the average price per square foot and average selling price can be misleading. If you really want to know how LA Crescenta real estate values are holding up, one should also look at the median selling price.  For the first quar...

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Pasadena Real Estate Values

Pasadena Real Estate Values

How are real estate values in Pasadena holding up?  The median price of Pasadena home sales has increased each month in 2015. The average Pasadena home is selling just shy of asking price, but many Pasadena homes continue to sell over askin...

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What To Expect For The Real Estate Market in 2015

What To Expect For The Real Estate Market in 2015

What lies ahead for the real estate market in 2015?  The key considerations are: Interest Rates:  Although interest rates are expected to remain low  they will slightly increase  as the Fed begins to tighten credit.  If interest rates ri...

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