Real Estate Market Reports

Oct. 3, 2012

Pasadena Home Sales Stats at a Glance September 2012

Pasadena home sales statistics for November

 

Another successful month for Pasadena area home sales.  Prices are stable or up in some areas.  Inventory of homes for sale is definitely on the low side and multiple offers are seen more often than ever before.

Interest rates for home mortgages are below 3% for 15 year loans and ...

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Aug. 31, 2012

Selling a San Marino Home?

Selling a San Marino home? 

You are in luck...  San Marino inventory is low and prices are up!


# of home sales in San Marino (1/1/2012 to 8/31/12) - 112

# of all cash buyers - 39 - that's 35% of all home sales!

% of sold to list price - 103 ...

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Aug. 11, 2012

Pasadena Homes For Sale - Summer Update

It's hot!  No, it's very, very hot in Pasadena.  With temperatures in the triple digits, the real estate market is heating up as well.  This summer has been spectacular for Pasadena home sellers.  Most well priced and well presented homes are selling within days with multiple offers.

Inventory ...

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June 21, 2012

Pasadena Home Inventory Sorely Lacking

Multiple Offers... Shortage of Homes... Heated real estate market!  

All of the above seem to be the norm in the last month or so.  Pasadena home buyers are finding themselves rushing to be the first one to see a house for sale and hoping that they will not have to ...

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June 16, 2012

Selling Your Home? Generate Multiple Offers!

Selling your Pasadena home?  Why is it that some homes sell immediately and others sit on the market?  What do successful home sellers do to generate offers?

Did you know that if you price your home at market, only 60% of potential home buyers will take the time to look ...

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May 29, 2012

Pasadena Real Estate Market Conditions - May 2012

Let's take a look at what's been happening with Pasadena home sales over the last year or so.  Overall, the real estate market has exploded not just in Pasadena, but in all surrounding cities and neighborhoods.  Home buyers are out in force and unfortunately, property inventory is non-existent ...

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March 29, 2012

Should you Buy or Rent a Pasadena Home?

Should I buy or rent a home in Pasadena?

As long as I've been selling real estate, this question comes up.  Actually, I take it back... it has come up even before I got into the  real estate business.  You hear it at "get togethers", as you're sitting ...

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March 20, 2012

National Mortgage Settlement Affects Pasadena Home Inventory

Now that we understand what Shadow Inventory is and how the Robo Signing fiasco created a backlog of distressed homes waiting to be released on the Pasadena real estate market, let's take a look at what role the National Mortgage Settlement plays in all of this.

National Mortgage Settlement ...

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March 15, 2012

Real Estate Investors: Bulk Foreclosures for Sale

Homes for Sale - Real Estate - Bulk ForeclosuresThere has been much talk about the government selling bulk foreclosures which will be converted into rentals. What will this actually mean to the housing market? For the answer to that question, we go directly to the 2/28/2012 Senate testimony of the person making the decisions on this ...

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Feb. 27, 2012

Pasadena Real Estate Housing Review - 2003 through 2011

Pasadena appears to be one of the few bright spots in an otherwise declining market. The median price of houses sold in the wealthy 91105 and 91106 Zip codes rose from $888,500 in 2010 to $907,165 in 2011. - Tina Daunt of Hollywood Reporter

 

Pasadena California has been offering ...

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