The increased number of home sales impacts La Canada real estate values. The absorption rate reflects supply and demand. Last month’s absorption rate was the lowest for the year.
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As inspection reports on the same home often vary from home inspector to home inspector, I have consistently been against a pre-inspection when selling your home. I believed buyers should conduct their due diligence at their own expense.
I...
Each month, Harb & Co analyze the previous month’s Pasadena real estate statistics. The absorption rate is 1.75 % - a more normal rate would be 4 or more month's supply of real estate listings.
The median selling price is the highest...
Each month, Harb & Co. analyze the previous month's La Crescenta real estate statistics. The absorption rate is 1.0% - a more normal rate would be 4 or more months’ supply of real estate listings. Homes are selling quickly and last month re...
Several years ago, I sold a La Crescenta home with a Sunny Boy Solar System. The monthly electric bill was only about $20.00 for a 2,000 square foot home. This was certainly a bonus for the buyer. But for those considering a conversion, you sho...
Last month the most expensive Pasadena home sale was 359 W. Del Mar Blvd. This 1908 English Revival Manor is just over 8,000 square feet on ¾ acre. This home was purchased in 2008 for $2,000,000. All bathrooms and kitchen were remodeled a...
When I was four or five years old, my mother took me to visit my great grandfather Hibbert on one of Michigan’s many lakes. He took me fishing on his dock; the first fish I caught was a catfish which we ate for dinner. (I now hate fishing...
When I first started selling real estate, $1,000,000 sales in La Crescenta were unheard of. But last month luxury real estate values in La Crescenta almost hit the $2,000,000 mark! In June the most expensive home sold in La Crescenta was 27...
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 ...
According to the Census Bureau, the percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years. How are Pasadena real estate values holding up? The average price per square foot of Pasadena h...