This week we are going to bang out all three cities statistics- today Glendale, then La Crescenta and last (but of course, not least!) the fine city of La Canada.
The most striking thing of note is that almost every number on this chart is down. Less listings, slightly less sales and, surprisingly, lower prices.
But less delve a little deeper. See how the price per square foot is higher? Smaller homes tend to have higher price per square foot. This number tells me that prices haven’... Read Full Story
National Association of REALTORS® Government Affairs Division
Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit
Question: Existing homeowner credit: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.
Question: I am an existing homeowner. On October 25, 2009, I signed a contract to pur... Read Full Story
President Barak Obama has signed into law an extension and enhancement to the popular Homebuyer Tax Credit.
Details are found in my previous post Popular Tax Credit for Glendale Home Buyers. and the National Association of Realtors has an excellent chart outlining the program features.
Celebrations go out to my awesome buyers in La Crescenta. They qualify for the Current Homeowner Credit-a nice reward for really nice people. Woo Hoo!!! Read Full Story
There is little doubt that the Federal Tax Credit for First Time Glendale Home Buyers (whew- that was a mouthful!) had a positive effect on our housing market. I even saw a few offers that were contingent on a close of escrow by November 30- the deadline for the current program.
Late last week it became all but certain that lawmakers would not only push the deadline well into next year, but that they would also expand the program in a few key ways.
Deadline Extended
I the current prgram buye... Read Full Story
Here is our last neighborhood recap for September- this feels like such old news, now!
In September, La Canada saw it’s inventory of homes go way way down. Sales of sub one million dollar homes went up but homes over 2 million are about the same. Overall inventory is down by more than 20%, but the real story is in the decrease in listings under $1.5 million.
The real stopper in the over 2 million range isn’t a lack of buyer want, but, rather, a lack of available financing. Supe... Read Full Story
This was sent in by favorite reader, Vern Pruett. It’s taken me a while to stop laughing enough to post this picture. Thanks, Vern! You are a Peach! Read Full Story
A couple of years ago, hubby and I went to China with fellow realtor/blogger Tracy King and her hubby. We had a grand time seeing every possible cliche touristy thing and it was fabulous. Every where we went, we ended the day with a Chinese Foot Massage.
Each city had a slightly different style, but it was always an hour, dirt cheap and very clean. After a full day of traipsing about the Great Wall or yet another fancy temple, this massage left us utterly renewed and ready for the next adve... Read Full Story
A while back I posted an article about the abundance of cool grocery stores in our area. You can refresh your memory by clicking here.
I just bought a coupon for $20 worth of groceries at Super King for just $10. Holy Moly!!!
If you have never been to Super King you are truly missing out. The produce is insane- fresh, cheap and varieties I’ve never seen anywhere else! I prefer the Altadena location- it is newer, larger and the parking is just a tiny bit easier. The LA location, on S... Read Full Story
It seems like every Real Estate blogger (including me) is singing the same old tired song. No inventory, massive multiple offer battles, lots of frustrated buyers.
“Cry me a river, build a bridge and get over it!” (this is a direct quote from my 12-soon-to-be-13-going-on-42, son)
In every situation there is an opportunity, so where is it? How about buying a Glendale Home that has been on the market for more than 120 days? These homes have sellers that are either really motivate... Read Full Story
Time for a little number crunching my little Chitlins. NOT my fav thing to do in the wee hours of a dark Monday morning, but I have been distracted by the process of selling lots of homes and I have fallen behind schedule!
Today we are talking about La Crescenta Homes. Activity is intense up here! I just got through a 9 agent multiple offer battle to get a sa-weeeeet home for my client. This home was priced in the upper $500’s and that is the price range of intense activity.
The cha... Read Full Story
