Wednesday, September 14, 2005

La Canada Market Update

Currently there are only 4 homes available in the La Canada school district, priced under $1,000,000.

Homes in move in condition and those "staged for sale" continue to sell within a week and often in multiple counter offer situations.

There are several distinct neighborhoods: "La Canada Flintridge" (South of Foothill Blvd.), "Sagebrush" (West of Rosebank; not in the La Canada school district), and "Deodars" upper La Canada, not too hilly - a very wooded and serene neighborhood.

SELLERS TIPS: Stage your home for sale, Phyllis Harb offers the complimentary services of a professional home stager to assist you in preparing your home for sale.

BUYERS TIPS: Flexibility: escrow period, possible rent backs, etc. Your flexibility often is as important to the seller as the offered price. Of course homebuyers should be pre-qualified and the prequalification letter as well as evidence of your down payment should be submitted with your offer.

Cosmetic fixers may be the best opportunity for buyers to obtain a "deal". Cosmetic fixers are homes that offer updated major systems (roof, central air, etc.) but have unappealing flooring, wallpaper, etc.


ZIP Code: 91011

Location Characteristics: A delightful suburb with a rural flair. La Canada is renown for its award winning schools and "small town" atmosphere. The city's general plan is to maintain and enhance the city's chararcter as a low density, wooded, hillside residential community.

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