REMAX in South Pasadena, Pasadena
February 4, 2010 by Doug Willis
Filed under Pasadena Market Reports
The decision to join or affiliate yourself with a real estate company in Pasadena or South Pasadena offers many choices. We looked at several before we made the decision to join REMAX.
Not to say it was an easy decision, but when we considered the strength of the REMAX brand, their ongoing commitment to [...]
Housing Trifecta Returns to Pasadena
January 22, 2010 by Doug Willis
Filed under Pasadena Market Reports
Pasadena home sales which have been on the decline for the last few years have apparently bottomed out and are beginning to show some positive signs. Unit sales for ‘09 were 1362 units compared to 1097 for 2008 and increase of 24%
What Homes Were Selling?
The market also shifted in terms of price points and the [...]
Pasadena on Parade
December 31, 2009 by Doug Willis
Filed under Events
As the clock approaches midnight on New Years Eve, the media focus and the national attention will begin to gradually shift from New York’s Time Square to the City of PasadenaAs the television beams pictures of the cold and dreary east coast to the warm sunny skies in the west, local Pasadena residents can be [...]
Short Sale Terms to Ease
December 16, 2009 by Doug Willis
Filed under Buying
As the number of homes entering foreclosure in Pasadena continues to increase, homeowners are looking for some relief in the process known as a short sale. A short sale occurs when the proceeds of the house are not enough to pay off the existing mortgage balance. This process allows the homeowner to sell the property [...]
Are Pasadena Home Prices Headed Higher?
July 28, 2009 by Doug Willis
Filed under Pasadena Market Reports
Pasadena home prices which were in a nose dive for about 2 1/2 years are rebounding. For all intents and purposes, it appears the bottom was reached in January 2009nd we have been in recovery mode since then. With the high recorded in December of ‘06 at about $710,000 and then falling to $425,000 in [...]
Delacey Place, Pasadena’s New Address of Elegance
July 22, 2009 by Doug Willis
Filed under Delacey Place, Pasadena Condos
Located just south of Old Town is Pasadena’s newest condominium development, Delacey Place. Delacey follows the construction trend of “mixed use” which combines commercial / retail office space on the first level followed by residential units on the upper floors. This concept was recently incorporated into Pasadena Place, Lake @ Walnut, The Dalton and the [...]
The DOM, Housing’s Most Misunderstood and Abused Measurement
July 9, 2009 by Doug Willis
Filed under Pasadena Market Reports
DOM or more commonly known as Days on Market is one measurement used in the housing market that is often misunderstood. The reason being is it is so easily and often manipulated. Many times the data supposedly represented actually provides false or misleading information. Its intention was to provide a quick indication of how [...]
Helping Pasadena Homeowner’s in Foreclosure
July 2, 2009 by Doug Willis
Filed under Uncategorized
If you are a homeowner, the word foreclosure can send chills up your spine. It can be an intimidating process simply because you don’t know what to do, where to turn or what help if any is available. Now is not the time to become timid, but rather this is your opportunity to be proactive [...]
Will California Extend The New Home Tax Credit?
June 29, 2009 by Doug Willis
Filed under Buying
The State of California may be laying off school teachers, furloughing state employees and attempting to come up with some creative accounting to address the budget deficit, but one thing appears to be sacrosanct. Real estate, or more specifically home buyers who are purchasing new construction may receive “most favored” status as the program that [...]
Pasadena’s Million Dollar Homes For Sale
June 22, 2009 by Doug Willis
Filed under Buying
There has been much talk lately about the Pasadena real estate market and where home prices are headed. An article appeared this week in the Pasadena Star News in which I supplied many of the statistics that were used in the feature story. I have also chronicled the increasing activity we see in the under [...]


