What Does Hair Styling have to do with Pasadena Real Estate?

Whether you are selling a Pasadena property or you find that its time to make a hair appointment, many choices are available to you as a consumer. Could the decision you choose on where to make a hair appointment influence your choice in a real estate service provider? In the words of a former Vice Presidential candidate "youbetcha". Your options are many. Are you concerned with a prestigious name and a store front on a main street? All of the employees are licensed by the state, but what … [Read more...]

Pasadena California Real Estate April Recap

Pasadena April Single Family

The Pasadena real estate market may be getting a pulse. After sales declines of 50% for the last three months, sales continued to decline but unit sales were of by a mere 28%, compared to April '07. Compared to last month, unit sales increased from 38 to 51 units or 34%. Looking at some other key indicators such as days on market, it is still talking much longer to sell a house this year, which probably explains why homes are selling at a greater discount compared to their asking prices as … [Read more...]

The 6% Pasadena Real Estate Sales Commission

Pasadena Commissions up2date

Home buyers are scarce and hard to find these days. The word is they soon may be declared an endangered species, by the local Realtor Association if home sales don't increase soon. As inventory levels increase, many real estate agents will inform clients that they must increase the amount of commission offered on your property. In other words, you need to dangle a carrot out here as an incentive to sell your home. The question is "Does paying 6% insure your home will sell any sooner?" Fact or … [Read more...]

Pasadena Real Estate Investment Trifecta?

We've all heard the real estate success stories when people purchased an investment home at a low price and then were flabbergasted at the 5 or 6 digit appreciation they realized when they sold it a few years later.  Everyday in the news, we hear or read about our country's current economic slowdown, triggering a possible recession and responsible for the subsequent down turn of the Pasadena real estate market.  Is this the real estate trifecta we've been waiting for? Let's take a … [Read more...]