Monday, September 11, 2006

Glendale Market Conditions

There are currently 264 single family homes in Glendale raging from $435,000 - $4,200,000 averaging 60 days on the market. Charming character homes & established tree-lined neighborhoods make Glendale a sought after destination. Prices are an excellent value when compared to adjoining Silver Lake and Los Feliz.

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. Often, simply rearranging furniture and decluttering enhance the marketability of your home. Other times, inexpensive improvements will be recommended in order to further maximize your profits.

BUYERS TIPS: Flexibility: escrow period, possible rent backs, etc. Your flexibility often is often 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.