If you read a newspaper or hear a news report it's easy to be confused about the status of the real estate market. Every positive report seems to be countered with one of increasing despair. When many of the economic opinion leaders can't agree on a direction, how can we begin to understand what the markets have in store for us? The market indicators I am looking at tend to point in a more positive direction at least for the local real estate market here in Pasadena. I have compiled a list of … [Read more...]