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 backup. We had four closings at the beginning of the month, and then we hit a lull. But last week, was crazy busy with our personal live...
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...
Last week, my newly constructed La Crescenta home closed escrow swiftly. Remarkably, we sold it quickly and at full price. However, I initially hoped the seller would consider furniture rental. In my view, this could have further boosted th...
It seems that most of my clients selling their home provide me with a little lead time. Not so with my recent La Crescenta sale in Markridge Estates. I met the owner on March 9th. We closed May 9th for $26,000 over asking price.
O...
I received an inquiry from a buyer who has been trying to buy a home for two years. They are in a very competitive price range, have made several offers, and have either lost out to higher offers or cash buyers.
LA Homebuyers continue to be ...
The La Canada move-up buyer is back, 39% of last month’s La Canada home sales were under one million dollars The absorption rate of less than 2% indicates a very strong seller’s market.
Cash sales continue to play an integral part in t...
My La Crescenta listing on Hamilton closed this week.
I, as do most real estate agents try to cut down on printing; there is so much paper waste in a real estate office. I received somewhere around 20 offers. Most were over askin...
Every Real Estate Team Needs a Calmer: Earlier this year, I had a nightmare experience with an uncooperative Realtor. There are nutballs in every profession, and real estate is no exception. It can take a bit to irk me, but once it does, it'...
I take pride in the fact that most of my clients don’t move often. I focus on finding them a home they can grow into. Not just what fits right now, but what will still work in a few years. That’s why it saddens me to hear that nearly 40% ...