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20% of Glendale Homes Sales Were Cash! 2

20% of Glendale Homes Sales Were Cash!

A small (660 sq ft) Glendale home sold at $642 a foot which skewed most of Glendale’s numbers. The absorption  rate is the highest it’s been in the last fourteen months. An absorption rate of under 5.0% reflects a very strong seller’s...

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Coming Soon: 3481 Stancrest Drive, # 129, Glendale 1

Coming Soon: 3481 Stancrest Drive, # 129, Glendale

I just listed this two-bedroom, two-bath condo located at 3481 Stancrest Drive in Glendale. In addition to its convenient location and blue-ribbon school district it has been beautifully updated with a designer kitchen and custom clo...

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Perfect For First Time Buyers or Investors! 1

Perfect For First Time Buyers or Investors!

This Glendale duplex is within walking distance to the Glendale Americana.  The front house has been updated and offers four bedrooms, three bathrooms, and a family room.  There is laundry in the attached garage.  The three-bedroom, one-bath...

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Glendale Real Estate Values 1

Glendale Real Estate Values January 2014

Last January (2013) 37% of Glendale home sales were short sales or foreclosures whereas the January 2014 distress market is less than 5%.  Cash sales last year comprised 33% of Glendale real estate sales versus 11% in 2014.  The average price...

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Glendale Real Estate Values 4

Glendale Real Estate Values December 2012

In December 2012, 60 Glendale homes sold at an average price per square foot of $361.00; the average selling price was $666,158.  Glendale real estate values dramatically increased in 2013: The average price per square foot of Glendale ...

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Glendale Luxury Home Sales 1

Glendale Luxury Home Sales 2013

2013 was a banner year for Glendale, California, and Glendale real estate.  Glendale was just announced as the winner of the 2013 Curbed Cup for LA's Neighborhood of the Year.  2013 also saw a dramatic price jump for the average selling pr...

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Glendale Real Estate Values up 15% over last year 1

Glendale Real Estate Values up 15% over last year

I am concerned over how quickly Los Angeles real estate values have rebounded in one year. Last September the average sales price of a Glendale home was $623,755. The average price per square foot was $327.70 – 15% less than September 2013. ...

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Glendale Real Estate Values are up 17% in one year!

Glendale Real Estate Values are up 17% in one year!

In August 2012, 64 homes sold in Glendale (8 were short sales, and 8 were foreclosures). The average selling price per square foot was $327.70 (17% less than this year).   I have been concerned over how quickly Los Angeles and Glendal...

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Glendale real estate stats

Glendale real estate stats

Glendale Real Estate Stats: The average standard Glendale home sale is on the market for 41 days (DOM). The average short sale is just 28 days. This is odd. The short-sale lender typically approves the sale after the seller receives and signs a...

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