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...
You have addressed curb appeal;
Your gardener has trimmed your trees and bushes, planted flowers, and mulched the planting beds. The front porch is clean and welcoming. Now you aim to make your home appealing to buyers.
For example, neutr...
Last month (December 2015), the most expensive La Canada luxury home sale was 566 Meadow Grove. This five-bedroom, six-bath Tudor estate was built in 1924, nearly 9,000 square feet on over an acre, and sold for $5,750,000.
MLS remarks read: ...
There were 88 Pasadena home sales last month (September 2015). Absorption rates continue to hover in the two-month range.
Housing in California — already considered unaffordable to many — will become even less affordable over the next tw...
Each month Harb and Co., run the numbers for La Crescenta home sales. The average La Crescenta home is selling in 47 days for over $800,000.
Nearly a decade after the housing crash, homeownership is still waning and renting is on the rise. T...
Last month, (September 2015) the most expensive La Crescenta luxury home sale was 4750 Briggs Ave. This 4 bedroom, 4 bath home is 4,000 square feet on 1/3 acre with pool. Selling to a cash buyer for $1,520,000 the original structure was sold fo...
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...
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...