Last month (November 2015), there were just 28 Glendale home sales. Typically, sales slowdown for the holidays, so there’s no cause for alarm. Few people list their home this time of year but those who did sold on average for $478 per squar...
Last month the most expensive La Crescenta luxury real estate sale was 2755 Stevens Street. This 4 bedroom, 3 bath home is just over 2700 square feet on a 8800+ square foot lot. This luxury home sold for $50,000 over asking price. The sell...
I thought I knew everything I needed to know about real estate when I entered the profession after a ten-year career in mortgage banking. But I was very wrong; I had a lot to learn about people and the psychology of home buying. Let me share wi...
Last month, (November 2015) there were just 19 La Canada home sales. In looking at our chart, you can see that the La Canada real estate market is fueled by the La Canada school calendar.
The bulk of this community’s closings occur in Ju...
The point of making a New Year’s Resolution is to improve yourself and or your lifestyle. On average, it takes more than two months before a new behavior becomes automatic -- 66 days to be exact. For those making resolutions in 2016, understa...
Last month (November 2015) the most expensive Glendale luxury real estate sale was 1735 Las Flores Drive. This 4 bedroom, 4 bath home is nearly 4,000 square feet sited on over ½ acre. This 1920’s Spanish was on the market for four months and...
Last month, November there were 56 Pasadena real estate sales. Most Pasadena homes are selling quickly near (or over asking price). The absorption rate of 2.72% indicates a very strong seller's market - less than three months of inventory.
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Seller financing is also referred to as a seller carry back. Likely due to my banking background I believe there are many pitfalls to seller financing.
As interest rates are cyclical, the benefits of seller financing increase when rates are ...
Last month (November 2015) there were seven luxury La Canada real estate sales – homes which sold for over $2,000,000. The average selling price of these seven homes was $2,779,000, on average they sold for 98% of asking price and price per s...
Due to the increased burglaries in my La Canada neighborhood and in most of our Foothill Communities, we rented a safety deposit bank. The banker told me there were only a few available, so we aren't the only ones concerned with break-ins. We d...