Being in the real estate business, I know the importance of a good credit history. My daughters both recently graduated college and are now employed. My oldest daughter deplores credit and was a bit resistant to my suggestion that she o...
It’s a red hot seller’s market. Inventory is low and some home buyers are nearing desperation. They are tired of writing offers and not being selected. There are many components of a strong offer other than price. When the price offered...
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...
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...
The average Glendale’s price per square foot continues to hover in the low to mid 4’s, while the absorption rate remains in the 2’s. It continues to be an extremely strong real estate market for Glendale home sellers
Luxury real estate in La Canada is doing well. Last month there were two high end real estate sales:
1313 Descanso Drive, La Canada sold for $4,250,000 3/31/15
5 + 6, ½+ acre, 5700+ sq. ft.
348 Blythe Rd., La Canada sold for $4,50...
What's making the real estate news headlines?
*Nearly one-third of Baby Boomers and seniors are choosing to buy larger homes in retirement instead of downsizing…
*So what features are so important that buyers are willing to make big sacrif...
Before we take a look at La Canada’s February real estate market stats, let’s examine what median selling price means. Median means "in the middle”, the median price is the midway point. The median selling price means that half of the h...
Sadly, Glendale’s most expensive home sale in February was anything but luxurious. This 1910’s Craftsman sited on over 1/3 acre in Glendale’s Auto Zone is a fixer or possible tear down.
614 S. Centeral Ave., Glendale
Pasadena homes are selling faster and for substantially more than last year. The only bright light for Pasadena home buyers is that the average selling price to list shows a little wiggle room. The absorption rate is a bit higher than last Fe...