Tue 29 Apr 2008
Tennis, Anyone?
Posted by Kendyl under Northwest Glendale
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Northwest Glendale Real Estate Hot Sheet
click here for chart explanations and disclaimer
Good Morning! Today we have light activity - let’s get to it!
2051 W. Mountain - you know the house. It is the big English Tudor half way between Brand Park and Burbank. Isn’t that a nice picture of the front lawn? The list price is “value ranged” between $1,500,000 and $1,700,876. This means the owner will entertain offers within this range. Yikes. If 910 Cumberland just barely went into escrow listed at $1,350,000 what chance does this house have? Well, if there is anyone out there who is dying to have a home with a tennis court maybe they have a chance.
1334 Ruberta was a short sale and one of the very few that actually closed escrow. I heard from an industry person (as in the lending industry) that fewer than 20 percent of the short sales will actually get bank approval and close. Astonishing!!! Maybe I will go back into the stats and see how many closings this year are short sales.
I’m looking forward to a cooler day today and getting out to see my “peeps”. That’s all you guys, by the way. Wave if you see me! I’m the chick walking down the street with the big hat.
