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Beginning this month I am going to change how the monthly sales results are reported for the Pasadena Real Estate market. Instead of just looking at median prices, we are now going to overlay the price per square foot for the same period. Anytime you hear how sales are being reported in the media the [...]
I don’t think there should be any doubt left in the minds of local residents, the seasonal home selling season has returned. Little did we know or realize that it was going to be 3 years to the day when the market started to fall, or that it would correct itself 36 months later.
It was [...]
It had appeared the momentum in the Pasadena real estate market had been building. Sales were increasing, buyer’s were becoming increasingly optimistic, and sales were beginning to move away from just the lower end of the market.
The number of homes in escrow was increasing and stories were developing of multiple offers and quick sales. [...]
Unit sales along with the median price make positive gains in May, continuing an upward trend in 2009.
Predictability, which was absent in the Pasadena real estate market during the last two years appears to be making a return. Predictable that is, when the seasonal home buying months once again become the months of May thru [...]
If you had to make an attempt at describing the activity for the month of April in the Pasadena housing market a few words come to mind……stable, holding, and steady. These words are a little misleading in the sense that they are more descriptive than they sound.
Although they don’t indicate it, these terms are expressive [...]
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