If the real estate industry had a radar screen a few of the key indicators would be the (1) days on market, (2) current inventory and (3) the median price. Used individually these barometers can provide an "at a glance" representation of today's market. When used in graph context, they can sum up the symptoms of the market, whether it be a buyers or sellers. They can either portray a bright sunny day or let you know that storm clouds are looming on the horizon. Pasadena Median Price and Days on … [Read more...]