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A Buyer’s Perspective

Harb and CoReal Estate Wrap Up October 2013

New Real Estate lending changes coming on January 10

This just in from Russell Cerpa, one of my preferred mortgage lenders: As it stands some lenders can qualify loans up to 48%-50% of the applicant's monthly gross income.  Real estate lending changes are coming! Next year the debt-to-income thr...

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Pasadena Luxury Condominiums

Pasadena Luxury Condominiums

Pasadena Luxury Condominiums: Last week, Joe (Harb) and I checked out the new luxury condos at 920 N. Granite Drive in Pasadena. Granite Park, in the heart of Pasadena's South Lake Ave District, was offered for sale a few years ago, and abo...

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What will a home buyer pay more for?

What will a home buyer pay more for?

Although the local real estate market has stabilized, affordable homes in the highly desired Los Angeles neighborhoods are still hard to come by.  Most home buyers need to sacrifice a portion of their wish list. It could be lot size, square fo...

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Los Angeles Home buyers don't panic!

Los Angeles Home buyers don’t panic!

I have been showing homes like crazy.  Although, the real estate market is changing, it is no longer a red hot sellers market.  Affordable homes in move-in condition are still selling like hotcakes but I am noticing that more listings are...

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So what’s a Los Angeles home buyer to do?

So what’s a Los Angeles home buyer to do?

Being a home buyer in today’s competitive real estate market is not for the faint of heart. Demand is high for affordable (and not so affordable) housing. However, each community has their own threshold, in Burbank the under $750,000 real...

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