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Glendale July 2015 Luxury Home Sales 1

Pasadena June 2015 Real Estate Statistics

Each month, Harb & Co analyze the previous month’s Pasadena real estate statistics. The absorption rate is 1.75 % - a more normal rate would be 4 or more month's supply of real estate listings. The median selling price is the highest...

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La Canada Flintridge January 2016 Real Estate Sales 1

Real Estate, Fishing and Estate Plans

When I was four or five years old, my mother took me to visit my great grandfather Hibbert on one of Michigan’s many lakes. He took me fishing on his dock; the first fish I caught was a catfish which we ate for dinner. (I now hate fishing...

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La Canada Flintridge January 2016 Real Estate Sales 1

How functional obsolescence can impact resale value

There is a lot of conflicting information about the Los Angeles real estate market. Is now the right time to buy? Is this another housing bubble? When will the market slow down? Since nearly every day, I am listing, selling or showing, I can ...

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Glendale July 2015 Luxury Home Sales 1

Pasadena Real Estate Values

  According to the Census Bureau, the percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years. How are Pasadena real estate values holding up? The average price per square foot of Pasadena h...

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2015 Glendale Real Estate Values 2

2015 Glendale Real Estate Values

We compile the statistics each month to provide an update on Glendale real estate values.  For this recap we only use data that pertains to single family residential real estate sales in Glendale, California. We do not include condos, townho...

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Is having earthquake insurance necessary? 2

Luxury May 2015 Home Sales in Glendale

Film producer, Nile Niami is building a luxurious 74,000 square foot Bel Air home on spec! The project, which will take at least 20 more months to complete, will exceed 100,000 square feet, including a 5,000-square-foot master bedroom, a 30-...

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REAL ESTATE INVESTORS

REAL ESTATE INVESTORS

According to a recent article in Realtor Magazine: "With limited housing supplies this spring in many markets, real estate investors realize they need to act fast, and some are willing to make an offer within minutes of a listing debuting – ...

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La Crescenta March 2015 Luxury Real Estate Sales

La Crescenta March 2015 Luxury Real Estate Sales

La Crescenta luxury real estate is personified by Markridge Estates.  Last month’s most expensive La Crescenta home sale was 3812 Brittany Lane in La Crescenta’s Markridge Estates community.  This 4 bedroom, 4 bath home is over 3700 squar...

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HOME BUYING ADVICE

HOME BUYING ADVICE

At my last open house, I noticed a lot of very nervous home buyers. For those of you reading my real estate blog,  you know the absorption rate in most Los Angeles communities is low – meaning that listing inventory is low – i.e. a sel...

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