Reverse Mortgages
La Canada Horse Property Closed
We listed this La Canada home for $3,850,000 on February 10th. Soon after, we received three offers. Escrow opened on February 18. Ultimately, this La Canada horse property closed escrow for $4,010,000. There was a reverse mortgage on the ...
California Housing Market Outlook 2026 and beyond
California and the West Coast Enter a New Housing Phase After years of rapid growth, California and the West Coast housing markets are shifting. The era of automatic gains is over. A slower, more selective market has arrived. According to Moo...
Counting on an Inheritance
Counting on an Inheritance: A major transfer of wealth is occurring. Over $100 trillion will flow from baby boomers to their children in the next quarter century. Consequently, more than 65% of Americans expect an inheritance or have already re...
The listing that got away
Being a Realtor has its ups and downs. Not every appointment is a success. Not every offer we write for a buyer is accepted. Last year, I met with a widow who was selling her Glendale home. She had a reverse mortgage, so each month she owed ...The aftermath of the Eaton Canyon Fire and Los Angeles Real Estate
The Eaton Canyon Fire is anticipated to significantly impact Los Angeles real estate values in the affected areas. This fire destroyed an estimated 9,000 buildings. How many families have been displaced? The heartbreak is unbelievable. Typica...
What are the benefits of hiring a Senior Real Estate Specialist
Hiring a Senior Real Estate Specialist (SRES) offers several advantages explicitly tailored to the unique needs of senior clients. Here are the key benefits of hiring a Senior Real Estate Specialist (SRES) such as Phyllis Harb. Understan...
Reverse Mortgage Rules
Ask Phyllis: a blog series of frequently asked real estate questions. Reverse Mortgage Rules Dear Phyllis, I look forward to your real estate Q&A. I am hoping you can offer some guidance. My 85-year-old mother fell and broke her h...
Reverse Mortgage Confusion
Ask Phyllis: a blog series of frequently asked real estate questions. Reverse Mortgage Confusion Dear Phyllis, I enjoyed reading your column and have learned a lot about reverse mortgages. I have moved in with my parents, who are in th...
