Pasadena Housing Market Shows Life Exists

sold by Assist 2 Sell

The Pasadena California real estate market has not flat lined, nor is it all gloom and doom. In fact there are many instances of homes selling and selling quickly. Why do some homes sell while others sit? If you have been reading the articles here at up2date, you probably are keenly aware of the importance of pricing in selling your home. In fact I have written about it, along with providing documented proof about it. My article about pricing your home showed the decline in value you can expect … [Read more...]

Pasadena California Residential Real Estate, 1st Quarter Recap

Pasadena 91101

Earlier this week we reported on the Pasadena real estate market and the sales numbers for March. Two things are quite obvious; unit sales are off by about 50% across the board. This seems to be true in LA County as well as California. And secondly, inventory levels of homes listed for sale are at the highest point we have probably seen in the last 10 years. Since the Pasadena area covers such a wide geography and demographic area and because all real estate is local, I decided to break … [Read more...]

Pasadena California Real Estate Market Update for March ’08

Pasadena Single Family Home Sales March

If you have a property for sale and have been hopeful the market would begin to turnaround and show some signs of life, the March sales results will likely disappoint you. We have yet to see any sign that home buyers are returning to the market, choosing instead to wait and see if prices fall further. Also in an earlier post this Pasadena Realtor emphasized that we would soon be able to chart the course of the Pasadena Real Estate market by focusing in on one key factor....inventory. That … [Read more...]