REMAX in South Pasadena, Pasadena

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

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 [...]

Are Pasadena Home Prices Headed Higher?

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 [...]

The DOM, Housing’s Most Misunderstood and Abused Measurement

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 [...]

Pasadena Housing Market Reports

The question on peoples mind these days is “where are home prices headed” ? On one hand you have the group who thinks the market has reached bottom and is beginning to bounce. They quote the historically low interest rates we currently have along with an increasing number of distressed properties that are luring buyers back into the market. On [...]

Pasadena Housing Market Key Statistics

I have assembled some key statistics for the Pasadena single family residential housing market. It is my intention to provide these on a monthly basis so that we may compare our local Pasadena real estate market with other markets across California as well as nationally. These reports provide excellent in depth analysis of what is [...]