Pasadena April Home Sales & Stability is the New Black

If you had to make an attempt at describing the activity for the month of April in the Pasadena housing market a few words come to mind......stable, holding, and steady. These words are a little misleading in the sense that they are more descriptive than they sound. Although they don't indicate it, these terms are expressive due to the fact that the real estate prices in Pasadena have maintained the momentum they began to gather in March. As if we ever would have thought that just maintaining … [Read more...]

Pasadena Home Sales in December, Not So Joyous

Retail sales for the month of December were released today. Year on year sales indicated a decline of 9.8%. A 10% decline in the price of Pasadena homes would be welcome news. Actually a 15% decline would be nice to see. Isn't December supposed to be the most wonderful time of the year? Other than sharing a name and a freeway, the Cities Pasadena are the antithesis of each other at least in terms of home prices. The South Pasadena real estate market can sell fewer homes and maintain an … [Read more...]