Did the “Star” Shine too Brightly on Pasadena?

Today's headline in the Pasadena Star News proclaims that property values are on the rise. My question is "Would that lead you to believe that home values have suddenly reversed their downward trend and the Pasadena real estate market has abruptly picked up steam"? If you read the newspaper by scanning the headlines then you may have a misunderstanding about what is actually happening in the City of Pasadena. The article goes on to say that Pasadena and San Gabriel saw increases of 10.2% in … [Read more...]