Pasadena & South Pasadena Real Estate
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South Pasadena. The words have a special connotative meaning, especially when it comes to real estate and home ownership. The affects of the real estate bubble experienced throughout many other parts of California and the US, have been less severe. While the median price of a single family home declined just like it has everywhere else, prices have stabilized and appear to be on the upswing once again. Year # of Single Family Home … [Read more...]
South Pasadena. Just mentioning those two words creates a very positive connotation. The location means many different things to people. A great school system. Old established tree lined neighborhoods and above average home prices. One of the things least associated with South Pasadena real estate has been the foreclosure crisis. It's typically a term not mentioned with South Pasadena. After all, the median price of a single family home has usually maintained at least a $200,000 cushion above … [Read more...]
The South Pasadena Real Estate market seems to be unfazed by what is happening on the national and local levels. There are a few of the tell tale signs that exhibit some of the trends we see in other areas. Trends such as a reduction in the umber of units sold and an increase in the number of days it is taking to sell a property. These two bellwethers are standard issue in most residential markets across the country. In most cases these two indices are tracking behind last year. These two … [Read more...]
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