Pasadena up2date

It happened this weekend in Montreal Canada. The top golfers in the United States competing against the worlds best international players. They come together every other year in the Presidents Cup to determine who will claim the title. These men play for much more than just a trophy. They are fie...

Today's Wall Street Journal has a preview of the new book by Alan Greenspan, entitled "The Age of Turbulence: Adventures in a New World".In the book he speaks of several things including criticizing the current administration on its economic policy. Forget that, what I found interesting was his a...

We all have been hearing of how foreclosures, Notice's of Default and Short Pays are on the rise and having a negative impact on the real estate market. But how is this affecting us locally, or more specifically, the Pasadena Housing Market?The above graphic only looks at Notice's of Defaults tha...

Every once in a while, I am at a loss for words. I cannot come up with any reasonable explanation as to why something occurred. This is one of those times.The above house is located in Pasadena, zip code 91107. It could be the "poster" house for what went wrong with real estate and how sub-prime...