Blog
REAL ESTATE NEWS
Do you enjoy keeping up with the news? I still subscribe to the Los Angeles Times, but don't always read it So much is online now, but that's another discussion. Here's the top real estate news: *13 Outdoor Dates in LA *These recently ca...
Pasadena Real Estate Values April 2015
Pasadena Real Estate Values April 2015: Pasadena real estate values continue to be strong. The absorption rate indicates an extremely favorable real estate market for home sellers. It’s a tough real estate market for Pasadena buyers. ...
Reverse Mortgage and Foreclosure
Is a reverse mortgage more foreclosure prone? Last month, I closed escrow on a San Fernando Valley foreclosure. The former owner obtained a reverse mortgage.  When there is a reverse mortgage and the owner passes, the estate has six mon...
AVERAGE PRICE PER SQUARE FOOT IS NOT ALWAYS AN ACCURATE INDICATION OF YOUR HOME’S VALUE
What's the best indicator of your homes value? Each month we publish various real estate statistics. They include the average price per square foot and average selling price. Most homeowners love to keep track of the average price per sq...
Real Estate Values in Glendale April 2015
Real Estate Values in Glendale April 2015:Â The average selling and median prices have reached their highest levels so far this year. At the same time, the absorption rate has dropped to its lowest point year to date. As a result, the current...
La Crescenta Real Estate Values April 2015
La Crescenta Real Estate Values April 2015: La Crescenta is in the middle of an extremely hot seller’s market. Homes are selling fast, inventory is tight, and buyers face stiff competition. I often discuss real estate values, average price...
Pasadena April 2015 Luxury Real Estate Sale
Pasadena April 2015 Luxury Real Estate Sale: Luxury real estate sales in Pasadena are thriving. Three Pasadena homes sold for over $3,000,000 last month. The most expensive Pasadena home sale was 1199 South El Molino. The 1913 Tudor home offers...
La Canada April 2015 Real Estate Values
La Canada April 2015 Real Estate Values:Â The number of La Canada home sales has picked up, but sadly (for home buyers), the absorption rate is down. According to a report from the U.S. Census Bureau, the percentage of U.S. residents who own th...
