"It was the best of times, it was the worst of times"...Charles Dickens The same can be said of the Pasadena real estate market. The market overall continues to pick up steam. We continue to see unit volume increases, indicating that buyers are returning to the market which is good news. On the flip side those buyers are opting for many of the foreclosures and bank owned properties in Pasadena. Unfortunately we can not confuse an increase in unit sales as being beneficial. Currently an … [Read more...]
Pasadena Residential Property Sales Report for June
July 15, 2008 By 1 Comment
The Pasadena housing market continues to limp along on one leg. While this strategy seems to work well for Tiger Woods, it does not bode well if you are a property owner with a house to sell. Sales results for the month of June continue to confirm what we have seen year to date with (1) fewer home sales and (2) decline in the median sales price. The June median price was $700,000, compared to $790,000 last year, a decline of 11.3%. Compared to Pasadena's median price last month of $760,000, … [Read more...]
A Pasadena Home Search, All Websites Are Not Created Equal
July 2, 2008 By 2 Comments
If you are in the market to buy a new home, there is a good chance that you have started your search online. In fact, according to the National Association of Realtors, about 75% of consumers begin their home search on the internet. Searching for your new home in the comfort of your living room or dare I say office cubicle, can be a great way to get an idea of what's on the market as well as current prices. There are so many alternatives available to consumers these days, but how do you know … [Read more...]
What You Have To Say