Wednesday, September 30, 2009
Former Arcadian and Rock Artist Coming Home
I will have more information and background in another post, please stay tuned.
Gene Glasco-Realtor
Century 21 Ludecke, Inc.
Arcadia CA 91006
Thursday, September 3, 2009
We Loved Horses Didn't We
By Gene Glasco-REALTOR e-PRO- Century 21 Ludecke, Inc.
My family and I became residents ofAbout a year ago or so I was interviewed by some Arcadia High School History class members whose assignment was to find out what it was like growing up in
Gene Moves To Arcadia
Please re-visit my blog, as I will be adding more tidbits of interesting information about the San Gabriel Valley and our local real estate happenings !
The Best Time To Buy Real Estate Is Now
Ordinarily one should never try to time the real-estate market, but there are reasons why buyers have been cautious. Few want to buy in down markets, just as stock buyers avoid bear markets. And for most people, of course, buying a house is a much bigger decision than buying a stock. But with real estate prices nationally now down about 30% from their 2006 peak, and showing signs of turning up, the prices aren’t likely to go much lower. Every real-estate market is local, and so there may be a few exceptions. Overall, though, there could not be a better time to buy than right now.
In addition to bargain prices, buyers should find plenty of homes to choose from. The inventory of unsold homes was 4.09 million units in July, up 7.3% from June, according to the National Association of Realtors. And mortgage rates this week were at a two-month low of close to 5%, according to Zillow. Even the stricter appraisal process is working to the advantage of buyers. Appraisals are coming in far lower than most sellers have been expecting, forcing them to face the new reality of sharply lower prices. And with stricter standards, lenders aren’t going to let buyers borrow more than they can afford, which protects buyers and helps to keep prices down.
Wednesday, September 2, 2009
Fires Rage In Foothills Above Us
To make matters worse, newscasters today reported that Southern California has not yet (officially) entered the "Fire Season" and the accompanying Santa Ana winds prevalent during the September/October months.
If only we could get some rain from the hurricane stirring in Baja California!
Gene Glasco
Century 21 Ludecke, Inc.
