Author Archive
Multiple Offer Snafu
Dear Phyllis, I enjoy reading your questions and answers. My son and daughter-in-law have been looking at homes for two months. It’s been difficult for them because most of the homes are snapped up quickly. They just lost a home they l...
La Crescenta Housing Market Update March 2018
La Crescenta Housing Market Update March 2018:Â Last month, twenty eight homes closed escrow in La Crescenta. This surge in sales highlighted strong demand in the area. Buyers eagerly competed for limited inventory, pushing up final sale pr...
If escrow was easy, Realtors would be out of business
If escrow was easy, Realtors would be out of business. There are a lot of pieces to listing a home. The first step is to meet with the client to determine their needs. Then I develop a plan of action: how far are we going to go in sprucing up t...
Luxury Real Estate Sales in La Canada Flintridge
Last month (March 2018) the most expensive luxury home sale in La Canada was 4377 Commonwealth. This home listed for $5,795,000 and sold for $5,371,250. This French country gated estate was constructed in 2008. The seller’s paid $4,995,00...
A Realtor’s Perspective: Changes in the real estate industry
In 1989, I transitioned from mortgage banking to real estate sales. When I was a mortgage banker, fax machines and voice mail were the game changers. Realtors no longer had to hand deliver documents so a loan could fund when a fax would s...
Harb & Co. Real Estate Update
Interest rates are increasing; however, they haven't cooled the real estate market. For instance, it's Spring, and thankfully, I see many new listings coming on the market. Moreover, our Pasadena Spanish should be available in the next severa...
Pasadena Home Values February 2018
Pasadena Home Values February 2018: Last month, fifty-one Pasadena homes closed escrow. Prices ranged from $437,000 for a 700 square foot 2 + 1, to $7,000,000 for the Cravens Estate. The Cravens Estate was initially listed for $10,500,00...
When is the buyer’s deposit at risk?
Dear Phyllis, I am helping my aunt sell her La Crescenta home so she can move closer to my sister who lives in Oregon. Her neighbor is a semi-retired Realtor® and offered to list her home for a discounted commission. Her home sold and e...
