LA VERNE, California, January 29, 2018 — I know of one house that has been flipped at least 44 times during which the value of the house has soared from about $250,000, when it was built, to its current Zillow estimate of about $40 million. That’s a whopping 15,900% increase in value.   Most of […]
More The Real Dirtt Stories
LA VERNE, California, December 18, 2017 — I’m looking for my first home, which I will be financing. My problem is, I’m confused over all the different kinds of home lenders out there — mortgage bankers, mortgage brokers, my local bank, etc. Can you explain the differences?   Honestly, I don’t know why there are […]
LA VERNE, California, November 12, 2017 — You see the signs everywhere. “We Pay Cash for Houses,” “We Buy Houses, “We Buy Ugly Homes.” You see them plastered on telephone poles and freeway onramps. The signs are more ubiquitous than ants at a picnic.   Perhaps, you’ll get a flyer in the mail from one […]
LA VERNE, California, October 31, 2017 — As a Realtor, I track price reductions and lately there have been a lot of them.   The price reductions aren’t limited to any area of town or any price range.  A high-priced home is just as likely to see a price drop as a mid-priced home.   […]
    LA VERNE, October 18, 2017 — Despite some push-back from residents and business owners who spoke publicly, the La Verne City Council voted unanimously, 4-0 (Councilman Tim Hepburn was absent) on Monday night, Oct. 17, to provide a $79,600 line of credit to help Chase’s Restaurant move from its current Third Street location […]
    PASADENA, California, October 8, 2017 — There are certain truths or theorems you can take to the bank, like “for every action, there is an equal and opposite reaction,” or “an object in motion stays in motion unless acted upon by an outside force.”   Well, here’s another: “If you have an old […]
You hear almost every day, especially from millennials and first-time homebuyers, that’s it’s almost impossible to buy a house today.  And while it’s true that wages aren’t keeping up with inflation, it wasn’t necessarily a picnic for your parents or grandparents either to purchase a house when they were just starting out. While it’s true […]
LA VERNE, California, September 9, 2017 — Here are some first observations about commercial space in La Verne. Despite the folksy Mayberry RFD charm of La Verne’s downtown, rents are usually higher on the Foothill corridor passing through town, at least for Class A space. Merchants like traffic, and there’s more of it on Foothill […]
LA VERNE, California, September 7, 2017 — Do you know how some people fudge about their age. Well, that can be a harmless little white lie compared to the real cost and legal damage that can result when people incorrectly list the square footage on their home for sale.   An inflated house size can […]
    LA VERNE, California, September 2, 2017 — Trying to get top dollar for your home isn’t rocket science. To attract the most serious buyers with strong offers in hand, you really need to implement the Cs: Clear, clean and cultivate the space you’re selling. Clear It Millennials, who now constitute a cohort of […]