Homes, Living and All Things Local
And the November prize winner is…
Maureen Chase answered October’s quiz question “Who is the only US President to serve two non-consecutive terms?” and the answer is… “Glover Cleveland”.
Maureen wins a $25 gift certificate to OSH.
This month’s Client of the Month is Ian and Kathleen O’Dwyer. I hope you have a great meal at the Star Cafein Montrose, CA.
The following graphs show the median days on market of homes for the 12 months prior to October 2008. These include Glendale and La Crescenta; La Canada; Sunland and Tujunga California.
For your own personal updates with this plus additional details, click on the link for statistics in La Crescenta and Glendale or give me a call.
The foothill communites of La Crescenta, La Canada, Sunland/Tujunga and Glendale are closely related in demographics, shopping, schools and real estate. Many residents shop, dine and see movies/plays either locally or in Glendale & Pasadena. The Glendale Unified School District serves Montrose, Verdugo City and La Crescenta as well as Glendale. School scores in Glendale vary with many schools in the La Crescenta area, especially Rosemont, the middle school; and Crescenta Valley, the high school; scoring near the top or best in the district. Schools in La Canada score even better! Sunland/Tujunga on the other hand has more affordable housing, much of it in beautiful neighborhoods, but schools that don’t score as well on standardized tests.
The charts below reflect how long it takes to sell a house. Longer market times can be caused by sellers who refuse to reduce their price in a down market. Some markets such as upscale neighborhoods don’t have many foreclosures and consequently the sellers have a stronger negotiating position. In other neighborhoods where there are many foreclosures prices are softer and owners wind up cutting their price in order to sell. To check foreclosures take a look at Glendale foreclosures or La Crescenta foreclosures. You can find additional info on other areas here at VerdugoHillsHouseTalk.com.
Glendale and La Crescenta CA Days on Market
La Canada CA Days on Market
Sunland and Tujunga CA Days on Market
Every Tuesday we Realtors hold houses open for each other in La Crescenta CA, Montrose CA, Glendale CA, and La Canada CA. These wonderful communities are nestled into the Verdugo Hills and San Gabriel Mountains just east of Pasadena CA. Here are three of the better values I saw on the La Crescenta/La Canada Caravan this week:
1112 Wiladonda Dr in La Canada CA is located above Foothill Blvd, close to La Canada Country Club and award winning schools. This 4 bedroom, 1 3/4 bathroom pool home, central heat and air and is located in a wonderful neighborhood. It features a wonderful lot and is a great opportunity for someone looking to update a house and get a great value! Offered at $995,000.
1967 El Arbolita Dr in Glendale CA is located below Foothill Blvd, close to Oakmont Country Club and award winning schools. This 3 bedroom, 1 3/4 bathroom home is also a fixer with tons of potential featuring a pool and spa. Offered at $779,500.
375 Santa Inez Way in La Canada CA is located above Foothill Blvd, close to La Canada Country Club and Oak Grove Park. This 3 bedroom, 1 3/4 bathroom home with wood floors and a private backyard. A charming home ready to move into. Offered at $859,000.
In the following maps and related information you will see that Glendale home sales are being affected by foreclosures, but the affects are less compared with other local communities such as Sunland and Tujunga homes. For more information on Glendale Foreclosures click the links below the maps for a larger map with more detail.
Notices of Default for Glendale CA
This map includes pre-foreclosure properties in Glendale on which a “Notice of Default” has been issued. This is the is the first step of two steps in the 4-6 month process of a California foreclosure.
A few of the addresses included are:
2501 HERMOSITA DR, Glendale CA
1315 N HOWARD ST, Glendale CA
1831 WABASSO WAY, Glendale CA
976 CALLE DEL PACIFICO, Glendale CA
354 W ELK AVE, Glendale CA
133 S COLUMBUS AVE, Glendale CA
1665 COUNTRY CLUB DR, Glendale CA
Notices of Sale for Glendale CA
This map (above) includes properties in Glendale on which a “Notice of Sale” has been issued. This is the is the second step of two steps in the 4-6 month process of a process of a bank foreclosing on a property. Once a property reaches this stage in the foreclosure process it is only 3-4 weeks from being taken over by the bank. So by the time you have read this posting many of these properties will have been taken back by the bank and will soon be available for purchase.
A few of the addresses included are:
1216 N MARYLAND AVE, Glendale CA
1837 LOS ENCINOS AVE, Glendale CA
1023 E MOUNTAIN ST, Glendale CA
941 E DRYDEN ST, Glendale CA
3320 OAKMONT VIEW DR, Glendale CA
948 DEL REY DR, Glendale CA
2408 ALLANJAY PL, Glendale CA
944 EILINITA AVE, Glendale CA
The above map includes foreclosed properties (or “REOs”) located in Glendale which banks took ownership to and possession of during September 2008. Banks usually take about 4-8 weeks to process a home and get it on the market once it has been foreclosed so many of these won’t get on the market until mid October or later. You may click on the icons on this map to see the address and additional information or you may click on the link to the larger map. If you desire additional information, give me a call.
The addresses mapped are:
1131 CAMPBELL ST UNIT 105, Glendale CA
2320 VIA SALDIVAR ST, Glendale CA
The following graphs show the inventory of homes for the 12 months to October 2008. These include Glendale and La Crescenta; La Canada; Sunland and Tujunga California. For your own personal updates with this plus additional details, click on the link for statistics in La Crescenta and Glendale or give me a call.
Glendale and La Crescenta CA Home Inventory
La Canada CA Home Inventory
Sunland CA and Tujunga CA Home Inventory
Sunland homes for sale along with Tujunga real estate, on the other hand have been heavily affected by foreclosures and short sales. The sharp drop in inventory during the spring was the reaction of homeowners unwilling to market their homes at the stressed price levels of foreclosures. Inventory rose during the summer as foreclosures came on the market and prices came down. As prices came down more homes sold and the inventory dropped.
The following graphs show the median listings sold for the 12 months to October 2008. These include Glendale and La Crescenta; La Canada; Sunland and Tujunga California. For your own personal updates with this plus more complete details click on the link for statistics in La Crescenta and Glendale or give me a call.
Glendale and La Crescenta CA Median Sales
As you can see in the chart above home sales in La Crescenta have not held up as well in La Crescenta as compared with Glendale. Two reasons come to mind; there are relatively fewer homes on the market to choose from in La Crescenta than in Glendale and there are more condos & less expensive homes in some areas of Glendale.
La Canada CA Median Sales
Sales in La Canada have been particularly slow and, as you can see, have been trending down all summer.
Sunland CA and Tujunga CA Median Sales
Sunland & Tujunga, like portions of Glendale, have more relatively inexpensive homes and sales have been holding up well. This is also a result of many more foreclosures in Sunland and Tujunga.
For your own copy of this report just use the link or give me a call.
And the October prize winners are…
For the second month in a row, Eloise Haldeman - September’s quiz question was “Who is the only Englishman to become Pope?” and the answer is… “Nicholas Breakspear - Pope Adrian IV”.
Eloise wins a $25 gift certificate to OSH.
This month’s Client of the month is Carol Paxton. I hope you have a great meal at the Star Cafe in Montrose, CA.
In the following maps and related information you will see that La Crescenta home sales are being affected by foreclosures, but the affects are less compared with other local communities such as Sunland and Tujunga homes. For more information on La Crescenta Foreclosures click the links below the maps for a larger map with more detail.
Notices of Default for La Crescenta CA
This map includes pre-foreclosure properties in La Crescenta on which a “Notice of Default” has been issued. This is the is the first step of two steps in the 4-6 month process of a California foreclosure.
A few of the addresses included are:
2747 MAYFIELD AVE, La Crescenta
2959 PIEDMONT AVE, La Crescenta
3027 PIEDMONT AVE, La Crescenta
3123 ENCINAL AVE, La Crescenta
3149 STEVENS ST, La Crescenta
3163 ORANGE AVE, La Crescenta
3345 STEVENS ST, La Crescenta
3518 PROSPECT AVE, La Crescenta
3719 4TH AVE, La Crescenta
3906 OAKGROVE CT, La Crescenta
4023 VISTA CT, La Crescenta
4225 LOWELL AVE, La Crescenta
Notices of Sale for La Crescenta CA
This map includes properties in La Crescenta on which a “Notice of Sale” has been issued. This is the is the second step of two steps in the 4-6 month process of a process of a bank foreclosing on a property. Once a property reaches this stage in the foreclosure process it is only 3-4 weeks from being taken over by the bank. So by the time you have read this posting many of these properties will have been taken back by the bank and will soon be available for purchase.
A few of the addresses included are:
2509 JANET LEE DR, La Crescenta
2524 OLIVE AVE, La Crescenta
2619 WILLOWHAVEN DR, La Crescenta
2818 STEVENS ST, La Crescenta
2850 SANBORN AVE, La Crescenta
2851 FAIRMOUNT AVE, La Crescenta
2942 STEVENS ST, La Crescenta
3117 MONTROSE AVE, La Crescenta
3122 PONTIAC ST, La Crescenta
3200 PONTIAC ST, La Crescenta
3636 ENCINAL AVE, La Crescenta
3911 EL CAMINITO, La Crescenta
4337 ACAMPO AVE, La Crescenta
4357 ROSEMONT AVE, La Crescenta
4939 BRIGGS AVE, La Crescenta
5311 RAMSDELL AVE, La Crescenta
Foreclosures for La Crescenta CA
This map includes foreclosed properties (or “REOs”) located in La Crescenta which banks took possession of during August 2008. A few are already “on the market”. Banks usually take about 4-8 weeks to process a home and get it on the market once it has been foreclosed so many of these won’t get on the market until mid October or later. You may click on the icons on this map to see the address or you may click on the link to the larger map. If you desire additional information, give me a call.
A few of the addresses included are:2748 HENRIETTA AVE
3117 MONTROSE AVE, La Crescenta
3217 LOS OLIVOS LN, La Crescenta
3235 HENRIETTA AVE, La Crescenta
4829 LOWELL AVE, La Crescenta
5700 CANYONSIDE RD, La Crescenta
The following graphs show the median prices for the 12 months to September 2008. These include Glendale and La Crescenta; La Canada and Sunland Tujunga California. For your own personal updates with this plus more complete details click on the link for statistics in La Crescenta and Glendale or give me a call
Median Prices in the cities of La Crescenta and Glendale CA
The green & blue graphs show prices in La Crescenta base on a 7 day average (Green Line) and 30 day average (Blue Line). As you can see prices firmed up in the spring after a long decline during the winter. Glendale (the red & black lines) on the other hand has been declining all year with some leveling off during the summer.
Compare the Glendale & La Crescenta chart (above) to the chart of La Canada that follows: As you can see, the median price in La Canada has continued rising. This could be the result of fewer sales of more expensive homes pushing the median price up or it could simply be rising prices. Use the link for more details on La Canada Homes Sales Statistics or give me a call.
Median Prices in the city of La Canada CA
The following chart deals with Sunland & Tujunga. As you can see, prices in this market have been tumbling all year. This is the result of high levels of foreclosures in these communities driving prices down. This pattern looks like it will continue into next spring. Use this link for more detailed information on Sunland & Tujunga Homes Sales Statistics or give me a call.
A side effect of the dramatic price deflation in Sunland & Tujunga is downward pressure on prices in neighboring communites such as La Crescenta.
Median Prices in the city of Sunland and Tujunga CA
In the following maps and related information you will see that La Canada home sales are only slighly affected by foreclosures. It’s worth noting that compared to other areas in the Foothills such as Sunland, Tujunga and La Crescenta home sales - La Canada has experienced very few foreclosures. However, owing to all of the price depression caused in surrounding communities by foreclosures, La Canada prices have slipped somewhat. For more information on La Canada Foreclosures click the links below the maps for a larger map with more detail.
Notices of Default for La Canada CA
This map includes properties in La Canada on which a “Notice of Default” has been issued. This is the is the first step of two steps in the 4-6 month process of a California foreclosure.
A few of the addresses included are:
1959 LAMP POST LN
4536 LA GRANADA WAY
4709 VIRO RD
4273 HAMPSTEAD RD
4408 COMMONWEALTH AVE
819 PARKMAN DR
4536 LA GRANADA WAY
5125 LASHEART DR
Notices of Sale for La Canada CA
This map includes properties in La Canada on which a “Notice of Sale” has been issued. This is the is the second step of two steps in the 4-6 month process of a process of a bank foreclosing on a property.
A few of the addresses included are:
1521 DESCANSO DR
5222 VISTA LEJANA LN
1122 ATLEE DR
220 MERO LN
Take a look at the maps and click on the homes to see bedrooms, baths, sq. footage, etc. Please note the assessed value is NOT the price of the home. It is the most recent tax assessor’s value which property taxes for the property were based upon. In most cases the list price will be less than the assessed value.
