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The History of the La Canada Town Center

The History of the La Canada Town Center

More than a decade ago the Community of La Canada was divided over plans to develop a Town Center.  For over three decades, Sports Chalet owner, Norbert Olberz purchased over thirty single family homes between Foothill Boulevard and the 210 ...

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Harb and Co Real Estate Wrap Up

Harb and Co Real Estate Wrap Up

Harb and Co is finishing out 2013 strong!   On Sunday she and I held my new listing at 926 Encanto open and it was a mob.   It will be open again Wednesday and Thursday (Pasadena and Arcadia broker’s open – public is welcome). Last...

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What’s your favorite architectural style?

What’s your favorite architectural style?

As a real estate agent, I have more requests from home buyers seeking Spanish (Mediterranean) homes than any other.  Several years ago, I had a lot of potential home buyers seeking Craftsman. However in my business that interest has waned. W...

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La Crescenta real estate values up 15% from last year 1

La Crescenta real estate values up 15% from last year

Regular readers of my real estate blog  know I am concerned over the rapid rise in real estate values.  Hopefully values have leveled off and we won’t continue to see the rapid rise we experienced over the last twelve months. Is there tr...

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New Real Estate lending changes coming on January 10

New Real Estate lending changes coming on January 10

This just in from Russell Cerpa, one of my preferred mortgage lenders: As it stands some lenders can qualify loans up to 48%-50% of the applicant's monthly gross income.  Real estate lending changes are coming! Next year the debt to income thr...

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La Canada Real Estate Values Up 22% From  2012

La Canada Real Estate Values Up 22% From 2012

La Canada real estate  values have increased 22% from last year.  Cash buyers continue to play a major role in La Canada real estate sales.  Cash transactions comprised  17% of last month’s home sales. Let’s see how La Canada re...

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Pasadena Real Estate Values up 28% 2

Pasadena Real Estate Values up 28%

I am not a conspiracy theorist, but it seems that a 28% increase in Pasadena real estate values is eerily frightening.  BUT a closer analysis reveals that while last year 25% of Pasadena home sales were short sales or foreclosures, this Septem...

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