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Q&A with Michael Edlen 03-01-2015

Q&A with Michael Edlen -  Palisadian Post

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When it Makes Sense to Downsize 02-01-2015

An increasing number of Palisadians have been experiencing the need to consider selling their home due to becoming “empty nesters.” They own a 5 or 6 bedroom house and have higher maintenance costs and/or feel that it does not make sense to keep such a large place for just the one or two of them.

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10 Tips for Sellers to Keep Your Escrow Together 01-02-2015

Many of the reasons for escrows being cancelled can be addressed in advance by careful consideration of details. These tips may help avoid the emotional challenges of having one’s escrow cancelled.

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Are The Holidays A Good Time To Buy Or Sell A Home? 12-01-2014

Is it a correct observation or a misconception that it is a disadvantage to list your home for sale during the holiday period?  Conventional belief has generally been that November-December is the worst time of the year to have a home on the market.  The reasons for this thinking are that people go on vacation, holidays distract attention, bad weather may inhibit some buyers, and many real estate agents discourage home sellers from winter listings.

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The Power of "Staging" 11-01-2014

In any real estate market, the showing condition of the house and property is crucial to success. More than 80% of the buyers are previewing homes online before deciding whether to see them inside. They eliminate a substantial number of homes previewed online because they appear cluttered, too small and unattractive in their photos.

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Today's Home Purchase Process 10-01-2014

Although the same contract forms are used in the selling and buying of a home, the process and timing are not at all the same. Sellers often decide to sell within a few months of actually putting their home on the market, whereas most buyers begin their search for a new home 6-18 months before they contact a real estate agent.

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The Home Sale Process 09-01-2014

Have you ever wondered how the home sale process works?  Of course, it begins with the selection of which agent to hire to do the job. This part of the process generally involves interviews with two or three prospective agents, selected based upon their presence in the area where your property is located.

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Leasing During a Remodel 05-01-2014

When people decide that their home no longer works as well as it had, they may choose to sell  and  buy a larger place, or perhaps they are ready for a lifestyle change that involves moving out of the area. Others may really love their location, but find that the current layout or size of their home has become too challenging to live with. The choice becomes either to move or to remodel their current home.

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Buyer Do's and Dont's 02-10-2014

Although the Palisades housing inventory has increased somewhat since its near-historic lows in December, there is still a serious shortage of homes available in most price ranges of our highly desirable neighborhoods. We continue to see a substantial number of all-cash buyers, people coming with investment capital from overseas, and all-cash investors still on the hunt for suitable properties.

 What does a buyer need to do in order to increase their odds of succeeding in such a difficult market environment? There are several actions that will significantly increase the probability of success.

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Palisades Housing Market - Looking Back and Forward 01-03-2014

As we begin 2014, the number of homes available for sale in Pacific Palisades is as low as it has been since the end of 2004.  There are only 54 homes on the market, which is the same level of supply as at the beginning of 2013. Due to the high demand for Palisades houses especially under $2 million, the average list price is almost unbelievably 50 percent higher than it was 12 months ago.

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