Each community has a different price point for luxury real estate. In La Canada, generally, anything $3,000,000 and higher is considered luxury real estate.
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80 Pasadena homes closed escrow last month and 36 sold to cash buyers – 45% of Pasadena home sales sold for cash. Shocking! A lot of this is foreign money – Frightening! As the average selling price continues to climb, inventory remai...
I love the simplicity of mid-century architecture. I just listed 1803 Fairmount Ave in La Canada. Jack Simison, a well-known and respected local architect, designed this amazing example of mid-century architecture.
Simison’s most w...
So what happens when a real estate agent gets a new listing? There is a lot to do, let's take a look at the life of a new real estate listing:
File Set Up:
Disclosures are completed and signed by the seller
Termite report ordered a...
Our team consists of three licensed real estate agents, me, my brother-in-law Joe Harb and my buyer's agent. Joey will soon be getting her real estate license as well. In the meantime she oversees the marketing (advertising, property brochu...
Everyone has dreams…. Few actually live them. Presenting 1803 Fairmount Ave La Canada
Designed by noted La Canada architect Jack Simison, whose work has been featured in Architectural Digest. This 4 + 4 gated residence is situat...
At Harb & Co. my buyer's agent works with more home buyers than I. Not that I don’t show homes, I sometimes do, just not as often as my buyer's agent. I represent more home sellers. After the inspection, I am typically negotiating t...
Last April, 51 Glendale homes sold; the absorption rate was 2.45%. In April 2014, only 44 homes sold (due to a shortage of listing inventory), the absorption rate of 1.57% indicates an even stronger home sellers market.
Last April the aver...
Harb and Co is a team of real estate professionals. The best part of being a team is that we have back up. We had four closings the beginning of the month, and then we hit a lull. But last week, was crazy busy with our personal lives....
Last April:
33 La Crescenta homes closed escrow
The average price per sq ft was $366.46 and the average selling price was $682,249
12% were short sales (this year just .5% of La Crescenta homes were distress sales (REO’s no short s...