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A Buyer’s Perspective

La Canada Flintridge January 2016 Real Estate Sales 1

How functional obsolescence can impact resale value

There is a lot of conflicting information about the Los Angeles real estate market. Is now the right time to buy? Is this another housing bubble? When will the market slow down? Since nearly every day, I am listing, selling or showing, I can ...

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Buyers Beware of Incurable Defects

Buyers Beware of Incurable Defects

It’s an extremely strong seller’s market in Los Angeles. We are in the midst of prime home buying season – and the competition is tough. Most would-be home buyers are writing several offers before they are the successful bidder. (Learn ...

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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 the asking price. The buyer's slacker of a real estate agent will remain nameless. Attention home buyers: your choice of a rea...

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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 offered...

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HOME BUYING ADVICE

HOME BUYING ADVICE

At my last open house, I noticed a lot of very nervous home buyers. For those of you reading my real estate blog,  you know the absorption rate in most Los Angeles communities is low – meaning that listing inventory is low – i.e. a sel...

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Real Estate News

Real Estate News

What's making the real estate news headlines? *Nearly one-third of Baby Boomers and seniors are choosing to buy larger homes in retirement instead of downsizing… *So what features are so important that buyers are willing to make big sacrif...

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Low Down Payment Loans are back but who do they help?

Low Down Payment Loans are back but who do they help?

.   Now that real estate prices have rebounded, low-down payment loans are back. I don’t understand why there isn’t more griping over the fact that while real estate prices are low, loans are difficult to come by. When values reach the n...

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Not all Realtors® are Created Equal

Top Negotiating Mistakes Made by Home Buyers

  What are the top negotiating mistakes made by home buyers? Although my buyer's agent works with more home buyers, I sold a charming Pasadena home earlier this year.   This prime piece of Pasadena real estate was exactly what the buyer wan...

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