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The earlier post this week looked at the annual performance of South Pasadena real estate prices and to what degree did the market change in 2008 compared to 2007. The results were somewhat surprising considering the current market and economic conditions. The data indicated the median price of a single family home actually increased in [...]
If only the Southern California real estate market were as resilient as South Pasadena. As someone once said “If if’s and buts’ were cherries and nuts, we would all have a Merry Christmas”.
That being said, the South Pasadena real estate market turned in an excellent performance in 2008 compared to Pasadena, Altadena, and Los Angeles. [...]
Public school systems….a polarizing issue when buying a house, kind of like a swimming pool. Either you love it or you hate it, a “must have” or a “could care less”.
In the Pasadena area, the San Marino school system is one of the best if not the best in the state of California. The [...]
When the real estate markets begin to head south, why do some markets decline faster than others? Are their contributing factors that precipitate demand elasticity in some areas, while other neighborhoods appear to be more inelastic? Would this information be important to you if you were in the market to buy a new home, or [...]
The South Pasadena Real Estate market seems to be unfazed by what is happening on the national and local levels. There are a few of the tell tale signs that exhibit some of the trends we see in other areas. Trends such as a reduction in the umber of units sold and an increase in [...]
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