As Los Angeles real estate values have skyrocketed, buyers are becoming more discerning. And why shouldn’t they? While showing La Crescenta homes recently, my client wasn’t excited about the home without central air and heat that will sell ...
La Crescenta Values March 2017: La Crescenta home values continue to rise. Average days on the market dwindle because some listings sell before going into the multiple listing service, equating to zero days on the market. The 1.14% absorpt...
Dear Phyllis,
According to your column and everything I read, it’s a seller’s market. Homes are selling quickly, many for more than the asking price. BUT MY HOME IS NOT SELLING! My agent set the price, and my home is freshly painted....
Last month, the most expensive Glendale home sale was 1644 Grandview Ave. This luxury home was originally listed at $3,750,0000. Later reduced to $3,400,000. And again reduced to $3,325,000 which was the final selling price. There's more to the...
Home Buying in 2017? 4 Steps to Take Now
By Jennifer Riner
Although interest rates recently suffered their first hike of the year, the financial advantages of home buying are still alive and well. With lesser monthly expenses and the p...
Glendale Values March 2107:
The sales price to list price ratio shows that most Glendale homes sell above the asking price. This trend reflects strong demand and competitive bidding. Moreover, the low absorption rate indicates limited invent...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
Because earthquake insurance is so costly, my wife and I have always opted to not purchase the addi...
Last month 5063 Oakwood Ave, in La Canada sold quietly off market for $4,150,000. In today’s real estate climate, the only way to know at which price a home will sell, is to prepare the home for sale, advertise both print and online, list in ...
I grew up in Glendale, where so many of the homes are architecturally unique. Sadly, in the 20s and 30s, the city did not typically note the architect’s name on the building permits. Thus, there are many significant homes designed by famo...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Home Selling Guarantee, Fact or Fiction
Dear Phyllis,
I have a rental property that is extremely run-down and ...