Monday, September 11, 2006

Market Conditions for La Canada

Currently there are 70 homes available in the La Canada school district ranging from $647,000 - $6,195,000; averaging 56 days on the market.

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

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.

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