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Archive for April, 2008

Real Estate & Buying Down in an “Ill Wind”

As Ben Franklin said, “It’s an ill wind that blows no one good…”.  Certainly, the current real estate woes are an ill wind for a homeowner who needs to sell.  So, who get’s to take advantage of this “ill-wind’?  The “Move Down Buyer”.
 First off:  What/Who is a “Move Down Buyer”?
 Most of these things are true [...]

Great Finds at the La Crescenta Caravan

Every Tuesday, the local Realtor association has a “Caravan” which is when agents look at homes.  These are the new listings or homes with price changes.  Each week I’m going to include some highlights here:
3608 Virginia St – above Foothill on a charming street this cottage listed for only $489,000.  Very cute with fruit trees, [...]

New Listings in Sunland/Tujunga

The Sunland/Tujunga caravan offered up some head-turners that I’d like to share with you:
8113 McGroarty St in South Sunland is a “Diamond in the Rough”.  A good sized home is located on a quiet Sunland Street at the foot of the Verdugo Hills.  The house sits on a large lot (approx 10,000 sq feet) plus [...]

REOs (Foreclosures) in La Crescenta

 REO means “Real Estate Owned” property.   These are the homes that banks have taken ownership of since Jan. 1, 2008 thru March 31, 2008.  The homes with Blue addresses are presently on the market (the price is included).  The home in Red has been sold by the bank and is in escrow.
At current sales rates [...]

More on Foothill Nissan

Is it or Isn’t it – Sold?
Marc Twain once commented that the “The report of my death was an exaggeration”. A recent paper reported that the Foothill Nissan location had been sold for $18 Million.
Well, you guessed, reports of its sale were greatly exagerated.
I have it on the best authority that this prime 2 plus [...]

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