A Buyer’s Perspective
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 ...
LOS ANGELES & ADJACENT PUBLIC SWIMMING POOLS
While growing up in Glendale, I always dreamed of having my own swimming pool. Since my family didn’t have one, we often visited public pools instead. For example, Glendale’s Verdugo Park pool—now sadly gone—was a favorite. These out...
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 ...
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...
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...
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...
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...
Eight Ways to Increase your odds of Success in a Bidding War
Home buyers looking at homes in La Canada, La Crescenta, Pasadena, Burbank, Glendale and the surrounding neighborhoods know that it’s a seller’s market. Well priced homes continue to sell quickly; often in a bidding war and for over l...
