Last month the most expensive luxury home sale in La Crescenta was in the popular Pinecrest neighborhood located at 5457 Pineridge Drive. I had the pleasure of viewing this La Crescenta listing on caravan day. The real estate agent who sold the...
During the heyday of the housing bubble California housed over 260,000 active real estate agents. Today it is down to 170,000 as licenses expire. The drop in the number of real estate agents corresponds to the big drop in sales volume. Cali...
There are two types of open houses. One is the broker's caravan. Recently I have been holding more public open houses. As I have been selling real estate for more than two decades, I not only run into friends and neighbors but people I have m...
This charming craftsman is situated in one of Los Angeles's most sought-after suburbs. Ideally located near shopping, Farmers Market, Garfield Park, Marengo Elementary and Mission Station Goldline. Character features such as a claw tub, bre...
Sometimes a home will be sold prior to MLS submission, this is known as sold before processing. This can be a tricky situation - especially if the listing agent is representing the buyer and seller. The lack of real estate listings in premier ...
I have a client who had an estate sale for a relative's home. Once the Realtor community learned of the sale and the vacant home, she was flooded with mail from local Realtors. Here are a couple of highlights from her mail:
“Because we don...
Realtors often find themselves in holding patterns: for instance, I am waiting for the buyer of 969 Verdugo Circle to obtain loan approval so we can move towards closing, waiting for the seller of 1707 Monterey in South Pasadena to move, waitin...
A popular real estate pricing strategy is to underprice a home to obtain multiple offers and a bidding war. Pricing your home 3 – 5% below market value typically results in the home selling at a higher price than if originally priced at fair ...
La Canada Flintridge, January 2016 Real Estate Sales
The home ownership rate was on the rise for the second consecutive quarter as an improving job market and a slight easing in access to credit helped put an end to nearly two years of dec...
Readers of my real estate blog, who view our monthly real estate statistics, know that it’s a hot seller’s market. But unfortunately, not every home sells quickly and over asking price. When your home is listed and languishing on the mark...