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Pasadena Homes, Key Housing Stats

December 10, 2008 By Leave a Comment
Pasadena December Housing Stats

The month of December has historically been a slow month for the housing market. Holiday parties, shopping and decorating keep many people at home instead of previewing houses for sale or even listing their house during this time of year. For those of you who have decided to put conventional aside, you may find home sellers eager to make a deal as the showing activity on their home begins to decline. If a new house is on your holiday wish list, don't forget to factor into your equation the … [Read more...]

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Pasadena Eco House, Preparing to take the LEED

November 20, 2008 By Leave a Comment
Pasadena Eco House Retaining Walls

The preliminary construction process is beginning to take shape on the Pasadena Eco House. Work crews have begun dismantling the river rock retaining wall and the cinder block wall located at the back of the property. To provide you with an idea of the location of the walls, the picture to the right shows the rock wall in the foreground and the retaining wall next to the steps in the rear. To obtain LEED Certification, certain requirements must be met on items carted away from the property, … [Read more...]

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Pasadena Real Estate – up2date October Market Recap

November 16, 2008 By 1 Comment

"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...]

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Pasadena & South Pasadena Real Estate Market Volatility

October 29, 2008 By 1 Comment

When the real estate markets begin to head south, why do some markets decline faster than others? Are their contributing factors that precipitate demand elasticity in some areas, while other neighborhoods appear to be more inelastic? Would this information be important to you if you were in the market to buy a new home, or is it not one of the factors most people consider when making a purchase? In real estate the old adage was to buy the least expensive home on the best street. Most home … [Read more...]

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Pasadena Home Sales up2date Review

October 10, 2008 By 1 Comment

I have prepared my elevator speech for the Pasadena housing market...."consistent". There you have it, nothing fancy, and nothing dramatic, just a quick conveyance of an idea that succinctly sums up Pasadena home sales for the month of September. Consistent was derived by looking at the median price decline for the month, which just happens to be the same decline as we had in August. Again, rather than insert a matrix of numbers and try to explain each segment of our real estate market you … [Read more...]

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