Now that 2009 is in the history books, I was curious to find out how our local real estate market performed compared to previous years. If I was ask to sum up this past year's real estate market, the phrase that comes to mind would be "cautiously optimistic". The reason's for the cautious optimism are numerous: Pasadena home sales have shown increasing monthly demand beginning in January of 2009, compared to the previous 12 months and for the most part on a month to month basis.Interest … [Read more...]