Distressed California homeowners can now avoid foreclosure or bankruptcy and can opt for a short sale instead, without incurring federal and state tax liability.
Changing cultural attitudes and skyrocketing home prices have boosted demand for condominiums this year, experts say. For many young adults, condos are the only affordable path to homeownership in urban areas near jobs and entertainment.
The City of Glendale recently awarded the Mayor’s Commendation to the Glendale Association of REALTORS® (GAOR) for its Gold Level Sponsorship of the 25th Annual Great American Clean Up held on May 18, 2013.
Glendale City Council has recently approved an electricity rate increase totaling 29% over the next five years. As a result, Glendale businesses and residents will see an approximate system average hike of 8% this year and 7%, 5%, 2% and 2% in following years.
What Consumers & Real Estate Agents Should Know
While not a new concept for veteran real estate agents, the terms "off-MLS" or "pocket" listings may be an unfamiliar phrase to many consumers and some newer agents. Home sellers and agents should nevertheless be aware that the practice can adversely affect their goal of getting the best price reasonably possible for their homes.