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...
Last month, the most expensive luxury home sale in Glendale was 1623 Hillcrest Ave., which sold for $2,681,250. This Glendale estate was listed for $2,495,000.
Marketing:
Welcome to the Hamptons in Southern California! This breathtaking g...
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...
Glendale CA Home Values October 2017: A new real estate report reveals that high student loan debts and a shortage of affordable homes are keeping many Americans from buying their first home. The National Association of Realtors (NAR) foun...
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...
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...
Pasadena Home Values October 2017:
Last month, Pasadena saw 67 homes sell. Prices ranged from $520,000 to $6,200,000. The absorption rate did rise slightly. However, it still points to a strong market for Pasadena home sellers. Demand rema...
Pasadena Luxury Home Values October 2017: 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. An interesting tidbit about this lu...
The buyer has removed all contingencies on my Verdugo Woodlands Listing in Glendale. BUT #HomeStreetBank was just awful. Due to Dodd-Frank, lenders don't directly hire appraisers; they instead hire a management company (middleman) that hire...
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 ...