The Pasadena Homes Guide - Keeping You Informed on Pasadena Real Estate Info

While the weakened housing market continues to be problematic for sellers, the outlook for residential rental property is looking good.  A recent New York Times article on June 21, 2008 documents the significant increase in renters that thousands of foreclosures have caused.  Gains had been made ...

At last we come to price in our series.  What could there be to write about price, Sam?  Buy low, sell high just like the stock market, right?  Yes, that's true but it's not quite as simple to use that rule for Pasadena real estate as it is for the stock market.  If you want to buy shares of stoc...

The third thing to consider in your purchase of a Pasadena home are the mortgage rates.  Rising or falling mortgage rates can affect your payments similar to rising or falling prices.  Even if prices drop 5% more in Pasadena, rises in mortgage rates could make that cheaper house more expensive to...

 The second thing to consider is YOUR OWN FINANCIAL SITUATION.  The "right time" is different depending on whether you're a middle-income first time home buyer or someone with higher income and equity already in your home.  For first time buyers this is a great market because sellers will be more...

"Okay, so the market's dropping, but is it the right time for me to buy?"  This is the real estate question on many people's minds around Pasadena, but for the average person it's difficult answer apart from hearsay and speculation.  So I'm writing this post to give you readers a solid framework ...