Dear Phyllis,
My parents moved out of state two years ago and converted their home to a rental. To avoid capital gains tax, my accountant thinks my parents should sell. Particularly as it was their primary residence for at least 2 of the...
Last month the most expensive luxury home sale in Glendale was 1623 Hill Crest Ave. which sold for $2,681,250. This Glendale estate was listed for $2,495,000.
MLS Remarks Read: This is truly one of the most spectacular GATED compounds i...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
Next year my wife and I plan to downsize to a smaller home or condo. We are contemplating renting our...
A new real estate report says that high student loan debts and a lack of affordable houses are responsible for a nearly 36-year low in the number of Americans buying their first home. According to a new report from the National Association ...
Regular readers of my Los Angeles real estate blog know that most homes are selling quickly and for over asking price. It seems that home values just keep increasing; it’s enjoyable to watch your home’s equity grow.. In more than twenty ye...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
My siblings and I have been discussing moving our mother into senior apartments in the next year or t...
Last month, 67 Pasadena homes sold, ranging in price from $520,000 to $6,200,000. Although the absorption rate has increased a bit, the low number still reflects a very strong real estate market for Pasadena home sellers. Buyers will contin...
Most people are fascinated by luxury real estate listings and sales. Last month, the most expensive luxury Pasadena sale was 2147 Villa Heights Rd., in Pasadena. Interesting tidbit about this luxury home is that it was listed for $6,700,000...
The buyer has removed all contingencies on my Verdugo Woodlands Listing in Glendale. BUT #HomeStreetBank was just awful. Due to Dodd-Frank, lenders don't directly hire appraisers; they instead hire a management company (middleman) that hire...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
I made an offer and the seller countered that my purchasing their home is contingent upon the seller ...