Blog
Luxury Home Sales in Pasadena, CA
Last month the most expensive luxury home sale in Pasadena was 320 Patrician Way. This Pasadena estate sold for$3,700,000. This luxury home was listed originally for $3,890,000 and sold in 36 days. The sellers purchased this home in 2003 fo...La Crescenta Home Values
It continues to be a very difficult real estate environment for La Crescenta home buyers, evidenced by the low absorption rate; the highest for the year was 2%. Last month the absorption rate of less than 1% indicates that if there were n...
Owning a home – The Great American Dream
There is no better way to accumulate wealth than by owning your own home. But that is only one reason people want to partake in the great American dream of owning a home. Security: There are many reasons that owning a home is the great A...
Luxury Home Sales in La Canada, CA
Last month the most expensive luxury home sale in La Canada was 4315 Commonwealth Avenue. This La Canada estate sold for $3,600,000 but was listed for $3,998,500. This property was previously listed twice without selling in 2014 and 2015. ...
Inheriting Property
Dear Phyllis, I am my aunt’s only heir and have inherited her Glendale home. Her home is solid but looks like a Grandma’s home and while I am handy, I wouldn’t have a lot of money for fixing it up. I am excited for this opportunity...
Remodeling with an eye towards resale
Dear Phyllis, We are thinking of renovating our house over the course of the next couple of years. We hope to remain in our home for the next 10 years. Remodeling with an eye towards resale is important, it's primarily for our pleasure and c...
La Canada Home Sales
Half of La Canada home sales were over $1,620,000 (median selling price). Let's take a look at the new tax plan: Assume a 20% down payment on the median selling price, that will give the median buyer a loan amount of $1,296,000 - allowing...
La Crescenta, CA 91214 Luxury Home Sales
Last month the highest priced La Crescenta home sale was 5330 Quail Canyon Rd. This luxury home was listed for $1,375,000 and sold in a bidding war for $1,525,000. The seller's purchased this home as new construction in 1986 for $306,500. J...
