Mon 2 Jun 2008
Prestige Homes In Glendale
Posted by Kendyl under Northwest Glendale, Uncategorized
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Northwest Glendale Real Estate Hotsheet

Click here for chart explanation and disclaimer
Last week I had a 2 day conference in La Quinta. My internet connection was sporadic, at best - did you miss me? It was a lovely conference, thank you for asking

2 lovely new listings in the neighborhood! 1552 Hillcrest is a truly outstanding home on an outstanding street. The price is outstanding too, but not in a good way. I’m not saying it isn’t worth $1.685 million, I’m just saying the price stands out as a really high one in the area, right now. Well, if any house can bring in that kind of coin, I’d say this one is it. Has anyone asked Joel and Nicole if they want to move up the street?
839 Mountain is a “landmark” home. This lovely black and white house is always a standout and I can’t wait to see the inside. The seller is selling this contingent on getting their next home - always a bit of a risky strategy in a buyers market. However, this home is lovely and unique. If a buyer wants what they have, they will just have to deal with the uncertainty of whether or not they can, in fact, get it.
On the sold side of the chart there are 2 notable homes. The first is 1362 Ruberta. This lovely, remodeled home is one of the very few short sales that were approved and closed escrow, and it took them nearly 4 months to do it. Many homes are being advertised as short sale - very few are actually sold. 
The other notable isn’t on the chart, but I wanted to tell you about it anyway. 910 Cumberland closed escrow at $1,310,000 - it was listed at $1,350,000. This was one of the most outstanding homes on the market in recent months, the buyer is a very smart buyer. $1.3 million might seem like a lot of money now, but I predict that everyone will marvel at the low purchase price of today the next time this home comes on the market.





