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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.
There 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 ...