Pasadena up2date

Your house has been for sale now going on 60 days along with many other houses here in Pasadena and you just accepted an offer. Congratulations, time to start packing all those personal items, right? You might wait a few days before making that trip to the box store and here's why. When a Seller ...

An editorial appeared last Friday in the LA Times entitled Not-so-open houses. Seems that the "Times" is critical of the decision by the Southern California Multiple Listing Service to modify the information available to consumers by removing the "days on market". The So Cal MLS is one of eight, ...

In a previous post, I wrote about Divine Intervention and how a particular Seller thought that a higher power had somethng special in mind for them.Could it be possible that divine intervention could play a roll in the Pasadena Housing market?These particular Sellers felt that they would eventual...

An analysis of the Pasadena Housing Market indicates that the market has slowed and the word "patience" has kept back into home sellers' vocabulary. However, Chicken Little is nowhere in sight. This analysis looked at Single Family Residences' from January to June. Sales compiled from 400 + trans...

Sales of single family homes continued to slow for the month of June. There were fewer units sold this year compared to last and also increased evidence of a softening market in terms of pricing.When fewer units are being sold and it is taking longer for those houses to sell, that's a pretty good...

The Pasadena Condo Market seems to be ignoring all the publicity about the slowing housing market. Unit sales were up 20% and the median price increased to $575,000 compared to $470,00 last year.If you have had the opportunity to drive through town, you have seen some new construction going on an...

South Pasadena is often thought to be somewhat immune to the typical ups and downs of the real estate cycle. However in June it showed that if the rest of the area has caught a cold, South Pasadena has the sniffles. June is typically the time we begin to see the Summer selling season kick into hi...

If you have considered remodeling or upgrading your kitchen appliances or maybe replacing your bathroom fixtures Pasadena Water & Power may be willing to help with the cost. They want to encourage their customer's to get rid of those old appliances and fixtures that consume a lot of energy and re...

Find out what is happening in your neighborhood with regard to June home prices. How long are they taking to sell? Are they selling above, below or at asking price? Stay up2date on everything real estate.In addition to Pasadena, home sales are also included for Altadena and South Pasadena.

As the sub-prime mortgage industry continues to make headlines we hear from one of our most esteemed members on the US Senate, Charles Schumer. He says ‘The mortgage brokers are the wild, wild West of mortgage finance". Annie, get your gun. That must mean the US Senate, is the OK Corral. Them Cow...