Madeline Schnapp, Director of Economic Research, PropertyRadar said, in a recent blog post that: “for the sixth-consecutive month, January 2014 California property sales declined year-over-year, suggesting that the May-June 2013 jump in mortgage interest rates isn’t the only factor slowing California real estate sales. I believe two more temporary factors will likely push sales lower […]
As we said last month, there are scores of reports, articles and opinions about the real estate market. We keep our information as local as possible, so that if you are thinking of buying or selling real estate in Pasadena, you will have data about trends here and how that may affect your decisions. Here […]
We read many articles about the real estate market, and sometimes our eyes glaze over. This stuff is important if you are thinking of buying or selling, but often it’s not easy to make sense, what with numbers, charts, graphs all pointing in different ways and saying something that may be forgotten by the end […]
The California real estate market has had a decent performance in 2013 so far. Here is a snapshot of 2013 and some projections for 2014. Next week we will review Pasadena real estate for October. For the first nine months of 2013, California sales of existing single-family detached homes were down 3.2 percent when compared […]
Pasadena’s list price and sale price trends often differ from the media reports on the national real estate scene. Here’s one of an ongoing series on Pasadena real estate. Prices. What’s for Sale and What’s Been Sold. The median listing price for a home for sale in Pasadena is $640,930 including properties through September 30, […]