Pasadena real estate values continue to be strong. The absorption rate indicates an extremely favorable real estate market for home sellers.
It’s a tough real estate market for Pasadena buyers. The challenges of buying in Southern California, also make it harder to rent, because many people who might be able to buy a house in other markets are still leasing already-sparse apartments here. As more 20-somethings move into the job market and out of their parents’ homes, those ranks of renters may swell further. Read the rest here:
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