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Harb & Co. Real Estate Wrap Up

What’s happening at Harb & Co. in the first quarter of 2019? We recently closed escrow on our La Canada listings at 1929 Lyans Drive and 3737 Madison Rd.  Note that the higher the price range, the longer it takes to sell a La Canada home. Does this mean it’s a buyer’s market?  Not really; it just reflects a more balanced (normal) market.

LCF Market update

On the other end of the Los Angeles real estate spectrum.  My Glendale Rancho listing sold in multiple offers $21,000 over the asking price.

I’m selling this charming two-bedroom, one-bath home again. I represented the seller before. The buyer reached out to me this time. Its prime location near Warner Bros. and DreamWorks boosts appeal. This neighborhood attracts eager buyers. However, public open houses surprised me. Visitors didn’t stream in steadily. I noticed lulls during the events. I can’t recall the last time this happened. Open houses under $1,000,000 usually draw crowds. The market feels different now

Our darling Adams Hill tri-plex is in escrow. The agent representing the buyer is the same real estate agent that represented the buyer on our Altadena units, which sold last year.  Kris called him to pitch this listing because we had such a pleasant escrow experience. Relationships in the real estate business are very important.

Kris has a North Hollywood home in escrow.  The buyer is the son of a past client.

Everything we have listed is in escrow, which is a rarity.  We have been on several listing appointments this year and have some new listings coming soon.  And in the meantime, I am very busy working on the St. Bede Feast of St. Joseph on March 17th. Lunch, bake sale and silent auction. 

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