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Should You Buy or Rent in Pasadena?

Should you buy or rent if you are relocating to Pasadena

Pasadena California Real Estate Home Blog is pleased to welcome a guest writer from Ann Arbor, Michigan - Missy Caulk.

Should you buy or rent if you are moving to Pasadena or the surrounding cities in the San Gabriel Valley? We get asked that question frequently.

The answer is "it depends on your individual circumstance".

One of the first things to ask yourself is,  How long will you be living in Pasadena?

In the past it definitely made more sense to buy a home, but now it really depends. If you are a Medical Resident working at the Huntington Memorial Hospital and will only be here 3-4 years, then perhaps renting is the best option. Do you have a dog, that needs space to run?  All of those personal decisions should enter into your decision.

Here's a mortgage - rent vs. buy - calculatorthat you can play around with. Put in what it will cost you to rent, and along side of it put it the monthly mortgage payment. You can add in the interest rate you have been quoted, and the cost of selling the house in the year you plan to move.

Home prices have never been better in Pasadena, so if after doing the research you can begin your home search here, to see all the homes on the market throughout San Gabriel Valley. You'll be happy to see the houses with Google Satellite Images, Google maps and multiple photos.

You can also find rentals, listed through the Pasadena area and surrounding cities like South Pasadena, San Marino, Arcadia, Altadena, Alhambra, Sierra Madre, Monterey Hills and more.

Renting vs Buying is a personal decision, and it is always best to speak to qualified professionals about your financial decisions.

Thank you Missy!



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Posted on July 13, 2008 01:38:19
Posted by: irina.netchaev
irina.netchaev

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San Marino: Dusty Deals

Dusty Deals List in San Marino

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals. 

If you are looking for a real estate deal, you came to the right place.  I will be posting my "Dusty Deals" by area on a monthly basis right here for your review.

What is a "Dusty Deal" list?  It is a list of real estate for sale including homes, condos and townhomes that have been on the market for over 100 days.  Are all of these great deals?  Not necessarily.  BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still?  The most likely reason is that they were over priced to begin with.  The first few weeks of marketing a home for sale are the most critical weeks for any seller.  If the property is overpriced, or not marketed correctly, it gets stale.  Local real estate agents ignore these homes and avoid showing them to their buyers.  Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn't sell.

My take on this is, if you are looking for a deal, these homes are the best place to start.  Why?  Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

READ MORE:  Dusty Deals List for July 08 - Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia and San Marino

So here's a list of homes for sale in San Marino that have been on the market for over 100 days:

Read more »



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Posted on July 07, 2008 06:03:52
Posted by: irina.netchaev
irina.netchaev

6 comments »

July 2008 Dusty Deals List

July 2008 Dusty Deals

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals. 

If you are looking for a real estate deal, you came to the right place.  I will be posting my "Dusty Deals" by area on a monthly basis right here for your review.

What is a "Dusty Deal" list?  It is a list of real estate for sale including homes, condos and townhomes that have been on the market for over 100 days.  Are all of these great deals?  Not necessarily.  BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still?  The most likely reason is that they were over priced to begin with.  The first few weeks of marketing a home for sale are the most critical weeks for any seller.  If the property is overpriced, or not marketed correctly, it gets stale.  Local real estate agents ignore these homes and avoid showing them to their buyers.  Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn't sell.

My take on this is, if you are looking for a deal, these homes are the best place to start.  Why?  Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

So here's a list of homes for sale that have been on the market for over 100 days separated by city.  This list includes homes for sale in Pasadena, South Pasadena, San Marino, Altadena, Alhambra, Arcadia, Monterey Hills, San Gabriel and Sierra Madre:

SINGLE FAMILY RESIDENCES

Read more »



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Posted on July 05, 2008 14:07:49
Posted by: irina.netchaev
irina.netchaev

2 comments »

Alhambra: Dusty Deals

Dusty Deals List in Alhambra

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals. 

If you are looking for a real estate deal, you came to the right place.  I will be posting my "Dusty Deals" by area on a monthly basis right here for your review.

What is a "Dusty Deal" list?  It is a list of real estate for sale including homes, condos and townhomes that have been on the market for over 100 days.  Are all of these great deals?  Not necessarily.  BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still?  The most likely reason is that they were over priced to begin with.  The first few weeks of marketing a home for sale are the most critical weeks for any seller.  If the property is overpriced, or not marketed correctly, it gets stale.  Local real estate agents ignore these homes and avoid showing them to their buyers.  Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn't sell.

My take on this is, if you are looking for a deal, these homes are the best place to start.  Why?  Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

So here's a list of homes for sale in Alhambra that have been on the market for over 100 days:

Read more »



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Posted on July 05, 2008 08:57:53
Posted by: irina.netchaev
irina.netchaev

Leave a comment »

Monterey Hills: Dusty Deals

Dusty Deals List in Monterey Hills

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals. 

If you are looking for a real estate deal, you came to the right place.  I will be posting my "Dusty Deals" by area on a monthly basis right here for your review.

What is a "Dusty Deal" list?  It is a list of real estate for sale including homes, condos and townhomes that have been on the market for over 100 days.  Are all of these great deals?  Not necessarily.  BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still?  The most likely reason is that they were over priced to begin with.  The first few weeks of marketing a home for sale are the most critical weeks for any seller.  If the property is overpriced, or not marketed correctly, it gets stale.  Local real estate agents ignore these homes and avoid showing them to their buyers.  Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn't sell.

My take on this is, if you are looking for a deal, these homes are the best place to start.  Why?  Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

READ MORE:  Dusty Deals List for July 08 - Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia and San Marino

So here's a list of condos and townhomes for sale in Monterey Hills that have been on the market for over 100 days:

Read more »



http://www.pasadenacarealestatehomes.com/003D73
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Posted on July 02, 2008 21:06:44
Posted by: irina.netchaev
irina.netchaev

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