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Care to guess the number of Pasadena homes in foreclosure? According to foreclosure radar, there are close to 450 properties as of today in some form of the foreclosure process. Take a look at the map of foreclosure listings in Pasadena and you will see that it is not focused on one area, but is [...]
There has been much speculation about the housing market and its effect on the overall economy. Discussion centers around the real estate market and housing prices stabilizing along with increasing employment and job creation. The question is “When is this going to happen”?
Is the local Pasadena housing market better or worse than other real [...]
The description in the Pasadena multiple listing service stated that the house was “corporate owned”. Could it be due to a job transfer and it was now being sold by the relocation company? Or maybe it was a corporate buyout allowing one of its key employees to rid themselves of their last ties to the [...]
In the current housing market the only segment that is showing any growth has to do with the foreclosure market. Looking as far back as 1990 in Los Angeles County, foreclosure activity peaked in the third quarter of 1996 and did not begin to level off until approximately one year later. The foreclosure market hit [...]
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