I had a conversation with my friend (who may considering selling/short sale); he asked, "Are homes moving at all?" And I said, "YES."
Here is what I saw on the Itech MLS search:
Altadena in month of September 2008
- 31 New listings
- 30 Closed sales
Pasadena in the month of September 2008
- 136 New listings
- 92 Closed sales
So I say yes. The market is very ACTIVE.
*listings are single family home, condo, townhome, own yr own, pud.

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