Author Archive
La Canada November 2015 Home Sales
La Canada November 2015 Home Sales: There were just 19 La Canada home sales last month. Our chart shows that the La Canada real estate market is fueled by the school calendar. The bulk of this community’s closings occur in June, July, and Aug...
Top New Year’s Resolutions for 2016
The point of making a New Year’s Resolution is to improve yourself and or your lifestyle. On average, it takes more than two months before a new behavior becomes automatic -- 66 days to be exact. For those making resolutions in 2016, understa...
Glendale luxury real estate sale November 2015
November 2015: Last month, the most expensive Glendale luxury real estate sale was 17325 Las Flores Drive. This four-bedroom, four-bath home is nearly 4,000 square feet and sited on over ½ acres. This 1920s Spanish was on the market for four m...
Pasadena Real Estate Sales November 2015
Pasadena Real Estate Sales November 2015: There were 56 Pasadena real estate sales last month. Most Pasadena homes continue to sell quickly near (or over) asking price. The absorption rate of 2.72% indicates a powerful seller's market, with les...
The Pitfalls of Seller Financing
Seller financing is also referred to as a seller carry back. Likely due to my banking background I believe there are many pitfalls to seller financing. As interest rates are cyclical, the benefits of seller financing increase when rates are ...
La Canada November 2015 Real Estate
La Canada November 2015 Real Estate. Last month, there were seven luxury La Canada real estate sales – homes which sold for over $2,000,000. The average selling price of these seven homes was $2,779,000, on average they sold for 98% of asking...
Keeping your home safe during the holidays
Due to the increased burglaries in my La Canada neighborhood and in most of our Foothill Communities, we rented a safety deposit bank. The banker told me there were only a few available, so we aren't the only ones concerned with break-ins. We d...
Is it meant to be?
Throughout the world, there is hunger, poverty, and sickness. Being born in the United States is like hitting the lottery. To some extent, I believe God helps those who help themselves. Unfortunately, not everyone is in a position to help thems...
