Unit sales along with the median price make positive gains in May, continuing an upward trend in 2009. Predictability, which was absent in the Pasadena real estate market during the last two years appears to be making a return. Predictable that is, when the seasonal home buying months once again become the months of May thru August. The median price of a Pasadena home exceeded $500,000 for the first time since November 2008. The housing market which has exhibited some positive trends … [Read more...]