Being in the real estate business, I know the importance of a good credit history. My daughters both recently graduated college and are now employed. My oldest daughter deplores credit and was a bit resistant to my suggestion that she o...
La Crescenta luxury real estate is personified by Markridge Estates. Last month’s most expensive La Crescenta home sale was 3812 Brittany Lane in La Crescenta’s Markridge Estates community. This 4 bedroom, 4 bath home is over 3700 squar...
At my last open house, I noticed a lot of very nervous home buyers. For those of you reading my real estate blog, you know the absorption rate in most Los Angeles communities is low – meaning that listing inventory is low – i.e. a sel...
The average Glendale’s price per square foot continues to hover in the low to mid 4’s, while the absorption rate remains in the 2’s. It continues to be an extremely strong real estate market for Glendale home sellers
How are real estate values in Pasadena holding up? The median price of Pasadena home sales has increased each month in 2015. The average Pasadena home is selling just shy of asking price, but many Pasadena homes continue to sell over askin...
Last month, (February 2015) there were five Pasadena luxury home sales, three of which were purchased by cash buyers:
1137 Parkview Ave. in Pasadena’s Linda Vista neighborhood sold for $6,950,000. The buyer of this 8600+ square foot home pai...
Before we take a look at La Canada’s February real estate market stats, let’s examine what median selling price means. Median means "in the middle”, the median price is the midway point. The median selling price means that half of the h...
Last month’s (February 2015) most expensive La Canada home sale was 3996 Chevy Chase Drive. This 5 bedroom, 6 bath estate is over, 7,000 square feet on an acre. The home was built in 2002 and sold for $4,305,000. The home previously sold ...
Pasadena homes are selling faster and for substantially more than last year. The only bright light for Pasadena home buyers is that the average selling price to list shows a little wiggle room. The absorption rate is a bit higher than last Fe...
The most expensive La Crescenta home sale in February 2014 was 2430 Laughlin Ave.
Newly built in 2005, this 4 + 4 home was measured at over 3200 square feet which included a 343 square foot in-law suite with separate entrance. Sited on over ...