Author Archive
La Crescenta June 2015 Real Estate Statistics
La Crescenta June 2015 Real Estate Statistics: Harb and Co. analyzes the previous month's La Crescenta real estate statistics. The absorption rate is 1.0%—a more normal rate would be four or more months’ supply of real estate listings. Home...
How Going Solar Will Impact Your Resale Value
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...
Pasadena June 2015 luxury home sale
Pasadena June 2015 luxury home sale: 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 acres. It was purchased in 2008 for $2,000,000. All bathrooms a...
Real Estate, Fishing and Estate Plans
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...
Luxury Real Estate Values in La Crescenta
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...
How functional obsolescence can impact resale value
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 ...
Pasadena Real Estate Values May 2015
 Pasadena Real Estate Values May 2015: According to the Census Bureau, the percentage of U.S. residents who own their homes is at its lowest point in more than 20 years. How are Pasadena real estate values holding up? The average price per ...
The real estate industry is saddled with a large number of part-time, untrained, unethical, and/or incompetent agents
According to the Danger Report released by the National Association of Realtors (NAR): The real estate industry is saddled with a large number of part-time, untrained, unethical, and/or incompetent agents. This knowledge gap threatens the cre...
