New Entries
As details of the President’s recently submitted budget now begin to leak out, we once agin find that property owners are on the hit list. The budget supposedly calls for the elimination of the mortgage interest deduction for homeowner’s who make over $200,000 a year (single) and $250,000 (joint).
I always thought government’s role was to [...]
Archive for the ‘Current News’ Category
Mortgage Interest Deduction in the Crosshair’s…Again
Tuesday, February 2nd, 2010RE/MAX Pasadena, South Pasadena
Monday, February 1st, 2010
Announcing the opening of RE/MAX Property Concierge serving Pasadena, South Pasadena, Altadena and surrounding areas.
Over the last several years what do you think has been the single most important factor affecting the real estate market?
Was it record low interest rates, the ease and availability in which people could obtain a mortgage, sky rocketing [...]
Pasadena Home Buyers Faced with Fewer Selections
Monday, January 25th, 2010
If you have been out looking for a home to buy or browsing the internet you may be wondering where all the housing inventory has gone. Over the last couple of months weave been noticing that housing inventory in Pasadena, or in other words, “Homes For Sale” has been declining and is at a 52 [...]
Pasadena’s Housing Recovery
Thursday, January 21st, 2010
Now that 2009 is in the history books, I was curious to find out how our local real estate market performed compared to previous years. If I was ask to sum up this past year’s real estate market, the phrase that comes to mind would be “cautiously optimistic”.
The reason’s for the cautious optimism are [...]
Home Sales in Pasadena Defy National Trend
Wednesday, January 6th, 2010
Housing market reports released this week by the National Association of Realtors created cause for alarm when they reported pending home sales were down 16%. This measurement refers to contracts that are signed and properties that enter the escrow process. It’s a forward looking indicator that offers a sales forecast for the next month
One of [...]
