Featured Blog Posts
360 Edwards Place Glendale Most Expensive Home Sold June 2022
Last month, the most expensive home sold in Glendale, CA, was 360 Edwards Place. This incredible property was initially listed for $2,499,000. Although the sellers purchased this home in 2015 for $1,270,000 it just sold in eight days for $3,10...
Seller Rent Backs – Should there be a security deposit?
Seller Rent Backs – Should there be a security deposit? Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I think you previously addressed a situation where the seller rented back. My son ...
La Crescenta Housing Market June 2022
Let's dive into the La Crescenta housing market for June 2022: Twenty-nine homes sold last month. Although more listings are coming on the market, there are still not enough to meet buyer demand. However, I expect the absorption rate to ...
2826 Alta Terrace La Crescenta Most Expensive Home Sold June 2022
Last month, June 2022, the most expensive home sold in La Crescenta was located at 2826 Alta Terrace. This Eric Lloyd Wright home was originally listed for $2,895,000. It sold in eighteen days over asking at $3,580,000. By contrast, the sellers...
Online real estate sites can be misleading
Online real estate sites can be misleading Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I love reading your real estate answers. I want to relate a recent experience for the education o...
Harb & Co. 2nd Quarter 2022 Update
We have had a very busy June, and I am happy to give our 2nd Quarter 2022 Update. Our two four-unit buildings in Glendale are in escrow with someone who will not be tearing them down. I thought perhaps a buyer would develop the double lot an...
La Canada Housing Market May 2022
Let's take a dive into the La Canada Housing Market for May 2022: Last month, May 2022, just twenty-eight homes sold, six less than the previous month. Average days on market were the lowest year to date. Last month, the least expensive sale...
Rising Interest Rates and their impact on the Los Angeles Real Estate Market
Let's take a look at rising interest rates and their impact on the Los Angeles Real Estate Market. We will assume a $1,000,000 purchase price with a 20% down payment of $200,000. Interest Rate: 3% Mortgage Payment: $3,373 LA Coun...
