How are La Canada home values holding up? Since June, the La Canada absorption rate has steadily increased. The average La Canada home is selling within 40 days and for over $2,000,000.
Nationally, despite a 1.3% increase in inventory, it’...
Now that our girls are grown, I have a fairly predictable weekend routine. On Saturday mornings, I go to the La Canada farmer’s market, and on Sunday mornings, I attend Mass at St. Bede in La Canada. Some weekends I have open houses or show h...
My sister lives in Washington (state) and she and her husband decided to move from their community to a neighboring one. Like most home buyers she was looking online, at sites such as Realtor.com and Zillow.
In the same manner as the majo...
Last month (August 2015) the most expensive La Crescenta luxury home sale was 5823 Edmund Ave. Nearly 3,000 square feet, this five-bedroom, four-bath home is situated on a 7,430 square foot lot. The home sold for $1,175,000. The sellers pur...
The phrase “Time is Money” is attributed to Benjamin Franklin. Recently, I received a call from a potential seller; she has had her condo listed on more than 30 occasions with different Realtors each time. Of course she didn’t tell me...
Even with rising home prices, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is compounded by a lack of inventory. 35% of homeowners have considered selling their home i...
The average Pasadena home is selling in less than two months; selling in multiple offers and over asking price. The low absorption rate indicates a very strong sellers’ market for Pasadena home sales.
"Some armchair analysts have suggested...
have an obsession with file pockets. Being a busy real estate agent means I manage lots of paper. I would love to claim that our office is paperless but to avoid mistakes, I have to print a lot of paper. The issue becomes paper management while...
Supply and demand: The absorption rate remains low, barely over a month’s supply of listings which will keep La Crescenta real estate values high. The good news is that there were 43 lucky home buyers last month (March and April combined...
Spring home buying season has ended but La Canada home sales are still going strong. The 2.17 absorption rate indicates that there are just two months of inventory available which reflects a very strong seller’s market. And note th...