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24% Of La Canada Homes Are Purchased With Cash 1

24% Of La Canada Homes Are Purchased With Cash

No new trends in La Canada real estate: distress sales (foreclosures and short sales) continue to have little impact on the current La Canada real estate market and cash buyers continue to play a key role.  Last July the average La Canada h...

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30% of La Canada Home Sales are Purchased with Cash 3

30% of La Canada Home Sales are Purchased with Cash

While short sales and foreclosure have dwindled, the cash buyer continues to have an impact on home sales in La Canada.  In June 2013, the average La Canada home sold for $538 per square foot and the average selling price was $1,509,001...

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20% of Glendale Homes Sales Were Cash! 2

20% of Glendale Homes Sales Were Cash!

A small (660 sq ft) Glendale home sold at $642 a foot which skewed most of Glendale’s numbers. The absorption  rate is the highest it’s been in the last fourteen months. An absorption rate of under 5.0% reflects a very strong seller’s...

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Cities Where Residents Never Want to Leave

Cities Where Residents Never Want to Leave

There are cities where residents never want to leave. However, they often outgrow the existing housing stock, and new neighborhoods and communities need to be carved out.   Less than twenty years ago, La Crescenta needed more affluen...

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4230 Whitsett Avenue, Unit 6

4230 Whitsett Avenue Unit 6

.. Here's the back story about our newest listing at 4230 Whitsett Avenue Unit 6. David Anderson (aka Austin) was raised in a small town outside Minneapolis, Minnesota. At an early age, he was inspired to be a filmmaker by the legacy of his gr...

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Real Estate News

Real Estate News Time to Pay the Piper

The big real estate news is that home buyers might see more homes coming on the market in the next four years.  Many homeowners with equity lines are going to see their monthly payments triple.  For years, many with equity lines were paying �...

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La Crescenta home values up 17% since January 2

La Crescenta home values up 17% since January

In January the average La Crescenta home sold for $372 per foot. La Crescenta short sales and foreclosures continue to have less of an impact on La Crescenta real estate values. Related Post: Pasadena Real Estate Values Up

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