Glendale CA 2018 Economic Forecast

Glendale Economic Forecast 2018

If you are thinking about making a move in 2018 you are certainly wondering about the 2018 economic forecast for Glendale and Beyond. Leslie Appleton Young, chief economist for The California Association of Realtors (CAR) puts out an awesome forecast every year. Young’s accuracy track record is impressive and I […] Read more »

Glendale Real Estate Market Report

This has to be one of the strangest quarters in my residential real estate career. Not only are the number of available homes way down, when they should be way up for spring…. the number of new listings coming on the market is the lowest I’ve ever seen. Which means that […] Read more »

Market Report Glendale, La Canada, La Crescenta

Market Update- Are Prices Softening?

As a whole, sales prices in Glendale, La Canada and La Crescenta are NOT softening… but asking prices are “at risk”. This means higher priced homes are staying on the market, longer, and we are seeing an increase in price reductions. Here is what our sales activity looks like: The […] Read more »

The California Market

Market Update- What about 2017?

In 2017 we will see modest gains in price and inventory in the housing market in California. Leslie Appleton-Young is the chief economist at the California Association of Realtors.  In her latest update on the market, Young  explored a number of issues facing the California homeowner. Our Economy  We are […] Read more »

The California Market

The Market Feels Different…..

The market feels different right now.  Actually, it’s been shifting for the last month, or so. There are fewer phone calls on my active listings.  There are fewer offers.  Multiple offers are still common, but we’ve gone from 5 – 10 offers down to two or three.  The buyers seem […] Read more »

Glendale Market Report February 2016

Spring is in the air!  Glendale inventory is rising (finally) and the Glendale Home Buyers are eager to snatch them up.  I had the craziest Glendale Home For Sale– but I will tell you all about that, later.  Let’s dive into the numbers, shall we? I always start with the […] Read more »

La Crescenta Market Report, September 2015

La Crescenta continues to be the hottest area in the Foothills.  Great for home sellers, tough for home buyers.  There is practically zero inventory for the buyers… but prices are staying relatively stable.  How is this happening? We are at 1.6 months worth of inventory in September, a near laughably […] Read more »

La Canada Market Report, September 2015

The La Canada market is driven by the school calendar.  This explains the steep ramp up on new contracts and closings from January to June.  All the families looking to get in, settled, and registered want to be in place by June.  The surprise, this year, is how new inventory […] Read more »

Glendale Market Report, September 2015

The big story, here, is the sharp drop in the number of new sales. A nearly 30% drop in August could have been a seasonal anomaly, but new contracts were only slightly better in September. Meanwhile, houses are coming on the market at nearly the same pace as they have […] Read more »

Market Report La Crescenta July 2015

La Crescenta continues to be strong despite the summer recess that the neighboring cities seem to take.  Properties commanded, on average, 100% of list price. La Crescenta definitely takes center stage. Are you curious about the value of YOUR home? Fill out the quick form below and we’ll prepare a […] Read more »