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Winning the bidding wars

Saving On Capital Gains

Dear Phyllis, My parents moved out of state two years ago and converted their home to a rental. To avoid capital gains tax, my accountant thinks my parents should sell. Particularly as it was their primary residence for at least 2 of the...

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Luxury Home Sales in Glendale, California

Luxury Home Sales in Glendale, California

Last month the most expensive luxury home sale in Glendale was 1623 Hill Crest Ave. which sold for $2,681,250. This Glendale estate was listed for $2,495,000. MLS Remarks Read: This is truly one of the most spectacular GATED compounds i...

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Winning the bidding wars

Transferring Property Taxes

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Dear Phyllis, Next year my wife and I plan to downsize to a smaller home or condo. We are contemplating renting our...

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Glendale, CA Home Values 2

Glendale, CA Home Values

A new real estate report says that high student loan debts and a lack of affordable houses are responsible for a nearly 36-year low in the number of Americans buying their first home. According to a new report from the National Association ...

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How to determine if it’s the right time to sell? 1

How to determine if it’s the right time to sell?

Regular readers of my Los Angeles real estate blog know that most homes are selling quickly and for over asking price. It seems that home values just keep increasing; it’s enjoyable to watch your home’s equity grow.. In more than twenty ye...

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Winning the bidding wars

Planning Ahead

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Dear Phyllis, My siblings and I have been discussing moving our mother into senior apartments in the next year or t...

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Pasadena Home Values

Pasadena Home Values

Last month, 67 Pasadena homes sold, ranging in price from $520,000 to $6,200,000. Although the absorption rate has increased a bit, the low number still reflects a very strong real estate market for Pasadena home sellers. Buyers will contin...

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Pasadena Luxury Home Values

Pasadena Luxury Home Values

Most people are fascinated by luxury real estate listings and sales. Last month, the most expensive luxury Pasadena sale was 2147 Villa Heights Rd., in Pasadena. Interesting tidbit about this luxury home is that it was listed for $6,700,000...

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Winning the bidding wars

Contingent Upon Seller Finding A Home

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Dear Phyllis, I made an offer and the seller countered that my purchasing their home is contingent upon the seller ...

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