Ask Phyllis: a blog series of frequently asked real estate questions. Email us here
The importance of Reconveyances
Dear Phyllis,
This isn’t so much a question as a clarification and a warning to others. I thought you might be able t...
Let's dive into the Pasadena housing market for February 2021. Last month fifty-four homes sold. Nine had price reductions before selling. Thirty two of the fifty-four homes sold over asking, five at asking and seventeen less than asking price....
Last month the most expensive home sold was 2965 Lombardy Road, Pasadena. This impressive six bedroom Estate originally listed in June of 2019 for $12,980,000. And was on the market for over five hundred days. It was then relisted for $11,680,0...
Ask Phyllis: a blog series of frequently asked real estate questions. Email us here
Dear Phyllis,
My daughter and her husband are searching for a home on the Westside. The prices and down payment requirements are overwhelming. The absence...
Let's dissect the Glendale Housing Market January 2021:
Last month forty five homes closed escrow. Twenty-four homes sold over asking price and five at asking. Sixteen sold for less than asking and ten had price reductions prior to selling.
...
Last month, there were two Glendale luxury homes that sold for the same price of $1,800,000 .
The first was a five bedroom, three bathroom, 3,213 sq ft, 1929 Monterey Colonial located at 1610 Highland Avenue Glendale. This character home was...
Ask Phyllis: a blog series of frequently asked real estate questions. Email us here
Dear Phyllis,
I have been enjoying your column for years. Interesting how much things have changed amid COVID. My partner and I are separating and selling...
.Let's take a look at the La Canada housing market for January 2021:
Last month, nine homes sold at the asking price, one of the eighteen sold at the asking price and eight less than the asking. Five La Canada homes had price reductions befo...
Last month, January 2021, the most expensive home sold in La Canada was 619 Knight Way. After another Realtor listed this private compound for six months, it sold for $3,775,000. The estate was initially listed for $4,250,000 in February 2020, ...
Ask Phyllis: a blog series of frequently asked real estate questions. Email us here
1031 Tax Deferred Exchanges
Dear Phyllis,
After my tenant gave me notice, I was thinking of selling my La Crescenta duplex. I received a letter from a ...