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Reverse Mortgage and Foreclosure

Reverse Mortgage and Foreclosure

Is a reverse mortgage more foreclosure prone? Last month, I closed escrow on a San Fernando Valley foreclosure. The former owner obtained a reverse mortgage.  When there is a reverse mortgage and the owner passes, the estate has six mon...

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Real Estate Values in Glendale

Real Estate Values in Glendale

Glendale real estate values continue to climb.  Today’s higher prices are only to be expected as the economy improves and first-time buyers gradually return to the market. Eventually, those higher prices should encourage more owners to list...

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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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Pasadena April 2015 Luxury Real Estate Sales

Pasadena April 2015 Luxury Real Estate Sales

Luxury real estate sales in Pasadena are thriving. Three Pasadena homes sold for over $3,000,000 last month (April). The most expensive Pasadena home sale was 1199 South El Molino. The 1913 Tudor home offers 6 bedrooms, 7 baths, 8700+ square fe...

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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 CANADA APRIL 2015 LUXURY REAL ESTATE SALES

LA CANADA APRIL 2015 LUXURY REAL ESTATE SALES

Luxury real estate sales are surging. As reported in the Wall Street Journal:  four years ago, a Russian billionaire became the first person known to pay the unheard-of price of $100 million for a single-family home in the U.S. While breaking ...

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BEST LOS ANGELES SUMMER CAMPS

BEST LOS ANGELES SUMMER CAMPS

Wondering how to keep the kids occupied this summer? When my girls were young, their favorite camps were Tom Sawyer and the horse camp at the Los Angeles Equestrian Center in Burbank. Sadly, we never made the commute to the surf camp in Malibu....

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Glendale March 2015 Luxury Real Estate Sales

Glendale March 2015 Luxury Real Estate Sales

The most expensive Glendale home sold last month was USC’s former baseball coach Rod Dedeaux’s home.  Located at 747 W. Kenneth Rd. in Glendale this home is sited on ¾ acre offering over 4,000 square feet.  In March (2015) the home sold ...

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Los Angeles Mother’s Day Brunches & Dinners 2015

Los Angeles Mother’s Day Brunches & Dinners 2015

For those of you still fortunate enough to have mom – take her someplace special for Mother’s Day.  Here are some of my favorite choices: LA CANADA FLINTRIDGE Mother’s Day Bruch at the Proper 8:30 AM – 2:30 PM 464 Foothill Blvd.  ...

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