A lot of people are still looking for fixers, but coming up empty due to the homes being over priced for the amount of work that has to be done to bring it up to a current market value. That just makes the property sit on the market. Homes that are priced right and in move in condition and those "staged for sale" continue to sell more quickly and often in multiple counter offer situations.
Cosmetic fixers may be the best opportunity for buyers to obtain a "deal". Cosmetic fixers are homes that have updated major systems (roof, central air, etc.) but have unappealing flooring, wallpaper, etc. However, the majority of the "fixers" in Altadena need central air, a new roof and updated kitchens and baths.