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These new statistics provide a compelling story of the Pasadena Real Estate market. They provide two years worth of monthly reports that allow you to form your own conclusions as to the pending improvement or the continuing decline of our local housing market. The data looked only at single family residential detached homes.
From the data [...]
The Pasadena real estate market received a shot of adrenaline in March. For a patient that had been on life support for the last year and a half, the surgical team came in with a prognosis of “cautiously optimistic”. The medication came in the form of lower mortgage rates and an $8000 tax credit for [...]
What if you walked into the department store and found everything on sale, only to find you not in the mood to buy anything. Now apply that to the Pasadena housing market. Many properties for sale have reduced their price at least once, in effect putting themselves on sale. What happens if no one buys? [...]
The optimism that precedes a new year was short lived at least where Pasadena real estate is concerned. Let’s face it, when it comes to real estate activity, January is, well January. This time of year is supposed to be unexciting and uneventful. From that standpoint the month certainly lived up to its expectations.
I am [...]
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 [...]
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