Blog
REAL ESTATE NEWS
Do you enjoy keeping up with the news? I still subscribe to the Los Angeles Times, but don't always read it So much is online now, but that's another discussion. Here's the top real estate news: *13 Outdoor Dates in LA *These recently ca...
Pasadena Real Estate Values
Pasadena real estate values continue to be strong. The absorption rate indicates an extremely favorable real estate market for home sellers. It’s a tough real estate market for Pasadena buyers. The challenges of buying in Southern Calif...
Reverse Mortgage and Foreclosure
Is a reverse mortgage more foreclosure prone? Last month, I closed escrow on a San Fernando Valley foreclosure. The former owner obtained a reverse mortgage. When there is a reverse mortgage and the owner passes, the estate has six mon...
AVERAGE PRICE PER SQUARE FOOT IS NOT ALWAYS AN ACCURATE INDICATION OF YOUR HOME’S VALUE
What's the best indicator of your homes value? Each month we publish a variety of real estate statistics which include the average price per square foot. Most homeowners love to keep track of the average price per square foot of homes i...
Real Estate Values in Glendale
Glendale real estate values continue to climb. Today’s higher prices are only to be expected as the economy improves and first-time buyers gradually return to the market. Eventually, those higher prices should encourage more owners to list...
La Crescenta Real Estate Values
It is an extremely hot seller’s real estate market in La Crescenta. I keep discussing real estate values, average prices and absorption rates. The Absorption rate is a calculation of how long it will take for all of the homes on the marke...
Pasadena April 2015 Luxury Real Estate Sales
Luxury real estate sales in Pasadena are thriving. Three Pasadena homes sold for over $3,000,000 last month (April). The most expensive Pasadena home sale was 1199 South El Molino. The 1913 Tudor home offers 6 bedrooms, 7 baths, 8700+ square fe...
La Canada April 2015 Real Estate Values
The number of La Canada home sales has picked up and sadly (for home buyers) the absorption rate is down. The percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years, according to a report from...
