May 4, 2012
By Phyllis Harb
35% of Glendale home sales are short sales or foreclosuresAlthough, the number of Glendale homes sold in April dropped from March, it’s only an indicator of the lack of inventory. Home buyers and Realtors are desperately searching for the right home
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April 6, 2012
By Phyllis Harb
There are approximately 1300 Glendale Real Estate Agents, and in March 49 home sold, which is up from February's 37. The average price per sq ft and the marketing time (DOM/CDOM) increased. The average selling price decreased.
Glendale&
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41% of Glendale home sales were short sales or foreclosuresThere are approximately 1,300 Glendale Real Estate Agents, and in February just 37 homes sold, which is down from January’s 44. The average price per sq ft dropped. But the marketing time (DOM/CDO
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Glendale Home ValuesCompiling the monthly real estate statistics is time consuming, but I
believe the time invested is worthwhile. It is crucial for Realtors to
keep apprised of real estate market conditions and trends. So, without
further ado let's
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36% of Glendale home sales were foreclosures or short salesIn our current real estate market, homes in move in condition command a premium. Note that the average prices for Glendale’s standard sales are higher than for the short sales and fore
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26% of Glendale home sales were foreclosures or short sales
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As a Realtor, it’s a fine line from being truthful to
being negative. The reality of our
Glendale real estate market is that
short sales and foreclosures comprise a sizeable chunk of our home sales. I am not being negative, it’s a fac
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Glendale – By The Numbers –
YTD 2011
Month
# Sold Homes
Avg. Price per Sq Ft
DOM
Avg. Sale Price
SP % LP
# of Short Sales
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