Robbyn Battles Housing Market Gains

U.S. Home Sellers Realized Highest Price Gain 10 Years

U.S. Home Sellers Realized Average Price Gain of $51,000 in Second Quarter of 2017, Highest in 10 Years Average Homeownership Tenure Increases to New Record High of 8.05 Years; Cash Sales Share of Home Sales Increases Annually For First Time in Four Years; Institutional Investor Share of Sales Up in Memphis, Charlotte, Nashville, Baltimore, Raleigh IRVINE,
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La Crescenta Market Values Seldom Equal their Replacement Values

“Ideal” is a Shangri-La kind of a word. It’s not just because of its feel-good, pie-in-the-sky definition (“a standard of perfection or excellence”)—but because contained right there inside the word itself is a tacit admission. It’s only an idea—not something necessarily connected to concrete reality. La Crescenta residents don’t come across “ideal” anything very often

Predicting Home Sales: More Quandary Than Certainty

Even the least vigilant of La Crescenta’s market-watchers had their antennae out last week, the traditional time of month when real estate statistics are released from the most authoritative sources. National trends in home sales frequently provide clues to the direction the La Crescenta market is likely to take—and with the spring selling season already

La Crescenta Real Estate Benefits from Events…and Non-Events!

A couple of recent developments made the news recently that promised to impact La Crescenta’s real estate scene either now or in the future. The one that got most of the attention last Wednesday came from a familiar source: Federal Reserve Chair Janet Yellen. Her news conference’s less-than-stirring pronouncement (“Caution is appropriate”) made headlines nonetheless

Sunland-Tujunga Housing Market Shares Some Welcome Trends

This spring’s Sunland-Tujunga housing market continues to reflect most of the trends that have held sway across much of the nation. There is good news, not-so-good news, and (happy to report) no really bad news at all. In fact, it’s the absence of threatening factors that makes our housing market a welcoming one for those

Off-Market vs. Off the Market: Tricky Real Estate Distinction

The La Crescenta real estate listings consist of the lineup of La Crescenta homes that are currently “on the market.” They’re for sale. Offered to buyers. Available for purchase. “On the market” is a straightforward real estate term; end of discussion. So, you’d think that “off the market” should be equally unequivocal, and it would

Foreclosure Starts Continue Downward Momentum

If you are one of those La Crescenta homeowners who has been gladdened to see property values continuing to rebound, you have also been pleased at the steady decline in the wave of foreclosures that were part of the global financial crisis. When the subprime mortgage crisis triggered widespread financial dislocation, many homeowners felt the

Putting Sunland-Tujunga Real Estate Prices in Perspective

Whenever you are getting ready to buy or sell a residence, taking the temperature of the local housing market is part of how you prepare to engage. When Sunland-Tujunga real estate prices are on the rise, bargain hunters know they’ll have to scramble. When Sunland-Tujunga real estate prices are flat or on the downturn, spotting