39% of La Crescenta home sales were foreclosures or short sales
The reality of our La Crescenta real estate market is that short sales and foreclosures comprise a sizeable chunk of our home sales; in fact last month these distressed sales accounted for nearly 40% of the La Crescenta real estate market.

Buying or selling, you should become familiar with the local real estate market. Like it or not short sales and foreclosures have an impact on both La Crescenta home buyers and sellers. The distressed real estate market is evident pretty much everywhere in Southern California, even in Los Angeles’ highly desired communities such as La Crescenta. 
La Crescenta reported 23 home sales in November, while November 2010 reported just 11.
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