A Closer Look at the Pasadena Housing Market

Last week, I reported on the April sales numbers along with the inactivity we were seeing in certain area’s and price ranges. These numbers appear to confirm my suspicions. The activity in the lower price points, namely $500,000 to $599,000 was very weak. There are more houses available for sale than there are buyers willing … Read more

The Pasadena Real Estate Market…..a mixed bag

Sales results for the month of April indicate that residential units were down about 23% vs. April 2006. There were 99 units sold for April 2007 compared to 128 units sold for the same period last year. However, a closer look at sales by area indicates that Pasadena Real Estate is still doing quite well. … Read more

Research Home Sales in Your Neighborhood

Check out the “Home Sales” tab in the title bar. There you will find a history of home sales within the Pasadena, Altadena & South Pasadena real estate markets. Not only will you find the latest information updated monthly, you can also go back as far as January 2004 and see what was happening in … Read more

March Sales Results Disappoint

The March sales numbers are out and just when we thought things were improving, and the outlook was more optimistic, we see that March was down about 24% from last year. Let me remind you that this is right on the heels of a 17% increase for January and February. So lets examine the tea … Read more