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Glendale Real Estate Values 2

Glendale Real Estate Values August 2014

    The average Glendale home is taking a bit longer to sell (days on market).  Short sales and REO’s (foreclosures) continue to have little impact on Glendale real estate values. 13% of Glendale homes sales closed with cash.  A year ...

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Pasadena Real Estate Prices 1

Pasadena Real Estate Prices

“Home prices in the Los Angeles market rose 10.5 percent in the 12 months ending June. The home price index in the Southern California metro region rose only 1.1 percent from April to May, and 0.6 percent from May to June…… Price app...

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Glendale Real Estate Values 1

Glendale Real Estate Values

The big news with Glendale real estate values are the record-breaking sales prices at Glendale’s Americana at Brand.  Although these condo sales are from June, I thought they were certainly worth a mention.  Two units (1893 & 1894 ...

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935 Kewen Pasadena

Pasadena July 2014 Luxury Real Estate Sale

Pasadena July 2014 Luxury Real Estate Sale: Each community has a different price point for luxury real estate. In Pasadena, anything $3,000,000 and higher is generally considered luxury real estate. Last month, there was one luxury real estate ...

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La Crescenta Selling Prices at all year high 1

La Crescenta Selling Prices at all year high

There were 20 home sales in La Crescenta in July, showing the average price per square foot at $423.69.  The average sales price has increased substantially as well. January $638,593 February $694,238 March $711,216 April $769,260 May ...

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La Canada Luxury Real Estate July 2014

La Canada Luxury Real Estate July 2014

La Canada Luxury Real Estate July 2014: I closed my architecturally significant mid-century on Fairmount last month—it was a fantastic home that needed updating. What constitutes luxury real estate is different in each community; in La Cana...

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24% Of La Canada Homes Are Purchased With Cash 1

24% Of La Canada Homes Are Purchased With Cash

No new trends in La Canada real estate: distress sales (foreclosures and short sales) continue to have little impact on the current La Canada real estate market and cash buyers continue to play a key role.  Last July the average La Canad...

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La Canada June 2014 Luxury Real Estate Sale

La Canada June 2014 Luxury Real Estate Sale

La Canada June 2014 Luxury Real Estate Sale: Each community has a different price point for luxury real estate. In La Canada, generally anything $2,000,000 and higher is considered luxury real estate   Marketing for this La Canada ...

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Pasadena Cash Sales Skyrocket 1

Pasadena Cash Sales Skyrocket

Comparing June 2013 to June 2014, cash sales have more than doubled!   Out of the 70 homes sold in Pasadena last month, a whopping 48 were sold to CASH buyers.   These stats confirm the findings in this recent article in Bloomberg discussin...

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30% of La Canada Home Sales are Purchased with Cash 3

30% of La Canada Home Sales are Purchased with Cash

While short sales and foreclosure have dwindled, the cash buyer continues to have an impact on home sales in La Canada.  In June 2013, the average La Canada home sold for $538 per square foot and the average selling price was $1,509,001...

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