The National Association of Realtors has published their 2008 Profile of Home Buyers and Sellers. The results were based upon questionnaire responses received from 10,053 home buyers and sellers from July 2007 - June 2008, in a national survey. I came across the list from Matthew Rathbun over at Agent Genius. Here are a few of the highlights: An increase in the number of first time home buyers - this should have been easy to predict with home prices falling and better affordability, people … [Read more...]
Pasadena Median Home Price History
August 7, 2008 By 4 Comments
There has been much speculation on where the Pasadena California real estate market and home prices are headed. And also, to what extent have values declined? The median price has dropped, but to what degree have Pasadena property owners experienced a loss? Symptomatic of falling home prices are a couple of things:Supply far exceeding demand resulting in fewer homes being sold, requiring sellers to become more aggressive with pricingThe re-emergence of the under $400,000 market Both charts … [Read more...]
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