Blog
Seller Rent Backs – Should there be a security deposit?
Seller Rent Backs – Should there be a security deposit? Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I think you previously addressed a situation where the seller rented back. My son ...
La Crescenta Housing Market June 2022
Let's dive into the La Crescenta housing market for June 2022: Twenty-nine homes sold last month, which shows that buyer activity remains strong. Although more listings are hitting the market, inventory is still too low to meet demand. Buy...
2826 Alta Terrace La Crescenta Most Expensive Home Sold June 2022
Last month, June 2022, the most expensive home sold in La Crescenta was located at 2826 Alta Terrace. This Eric Lloyd Wright home was originally listed for $2,895,000. It sold in eighteen days over asking at $3,580,000. By contrast, the sellers...
Online real estate sites can be misleading
Online real estate sites can be misleading Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I love reading your real estate answers. I want to relate a recent experience for the education o...
Harb & Co. 2nd Quarter 2022 Update
We had a very active June, and I’m excited to share our 2nd Quarter 2022 Update. Both of our four-unit buildings in Glendale went into escrow. The buyer plans to keep the properties intact, which surprised me. At first, I thought a developer...
La Canada Housing Market May 2022
Let's take a dive into the La Canada Housing Market for May 2022: Last month, May 2022, just twenty-eight homes sold, six less than the previous month. Average days on market were the lowest year to date. Last month, the least expensive sale...
Rising Interest Rates and their impact on the Los Angeles Real Estate Market
Let's take a look at rising interest rates and their impact on the Los Angeles Real Estate Market. We will assume a $1,000,000 purchase price with a 20% down payment of $200,000. Interest Rate: 3% Mortgage Payment: $3,373 LA Coun...
5118 Hillard Ave La Canada – Most Expensive Home Sold May 2022
Last month, May the most expensive sale in La Canada was 5118 Hillard Ave. This Craftsman originally listed for $4,500,000 and sold in twelve days at the asking price. The sellers purchased this home as land value in 1997 for $680,000. In 2...
