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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 April 2015

Real Estate Values in Glendale April 2015

Real Estate Values in Glendale April 2015: The average selling and median prices have reached their highest levels so far this year. At the same time, the absorption rate has dropped to its lowest point year to date. As a result, the current...

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La Crescenta Real Estate Values April 2015

La Crescenta Real Estate Values April 2015

La Crescenta Real Estate Values April 2015: La Crescenta is in the middle of an extremely hot seller’s market. Homes are selling fast, inventory is tight, and buyers face stiff competition. I often discuss real estate values, average price...

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1199 S. El Molino Pasadena

Pasadena April 2015 Luxury Real Estate Sale

Pasadena April 2015 Luxury Real Estate Sale: Luxury real estate sales in Pasadena are thriving. Three Pasadena homes sold for over $3,000,000 last month. The most expensive Pasadena home sale was 1199 South El Molino. The 1913 Tudor home offers...

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La Canada April 2015 Real Estate Values

La Canada April 2015 Real Estate Values

La Canada April 2015 Real Estate Values: The number of La Canada home sales has picked up, but sadly (for home buyers), the absorption rate is down. According to a report from the U.S. Census Bureau, the percentage of U.S. residents who own th...

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LA CANADA APRIL 2015 LUXURY REAL ESTATE SALE

LA CANADA APRIL 2015 LUXURY REAL ESTATE SALE

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

BEST LOS ANGELES SUMMER CAMPS: Looking for ways to keep the kids busy this summer?>>>>>When they were younger, my girls loved Tom Sawyer Camp and the horse camp at the Los Angeles Equestrian Center in Burbank. Sadly, we never ma...

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Glendale March 2015 Luxury Real Estate Sale

Glendale March 2015 Luxury Real Estate Sale

Glendale March 2015 Luxury Real Estate Sale: USC’s former baseball coach, Rod Dedeaux, owned the home at 747 W. Kenneth Rd. in Glendale. Last month, it topped the list as the most expensive home sold in Glendale. The property sits on ¾ acres...

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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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