La Canada & La Crescenta Real Estate Blog

A Wall Street Journal article echoes our resent experience in our market area with entry level homes. We are seeing more competition from buyers, multiple offers, and disappointment when buyers don’t get their offer accepted. Click the link below to read The Wall Street Journal article. http://o...

Borrowers with hybrid adjustable-rate mortgages - loans that carry a fixed-interest rate for a certain number of years and then reset annually to rates tied to market benchmarks - are questioning if they should refinance to lock in a low rate for the long term, or if they should keep their adjust...

I am beginning to see an ugly side of the real estate turnaround. There's an epidemic tainting real estate sales. Listing agents are cheating sellers and buyers by manipulating offers. Agents across the country are complaining about their unethical counterparts' practices! A couple of our buyer c...

Dear Real Estate colleagues: I responded to a post today and used language that may have been misconstrued. Although the subject matter was unethical real estate practitioners, the post was inappropriate. The original post used the word ‘maggots' to describe the unethical and predatory lenders, a...

What do we make of the resent mixed optimism of the real estate housing market? During the last two years, you could not blink without seeing a media blitz of bad news about the housing market. Not so this month! For the first time in a while, both the media and some consumers are being cautiousl...

Nearly eight-in-10 Americans believe it still is possible to improve their economic standing and remain optimistic that their family's economic circumstances will improve within their lifetime and across generations, according to a new study by Pew's Economic Mobility Project This is true across ...

California Attorney General Edmund G. Brown Jr. is warning consumers that scam artists are using the forged letterhead of major lenders to con worried Californians into paying thousands of dollars for non-existent loan modification services."Californians should be deeply skeptical of anyone who d...

Buying or selling a home is a significant event. There is a lot of emotion and sentiment involved, and it is important to plan your work and stick to the plan. Give yourself the best chance for a smooth pain free transaction. To have a successful real estate transaction: First, interview agents a...

Like most Southern California residential real estate, the Crescenta Valley has changed during the last six months. Inventory of homes on the market has increased and market times are longer. However, because the area is highly desirable for it's subburbian appeal, several Blue Ribbon schools, an...