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La Crescenta Real Estate Values 2

Pasadena Home Values

Last month (June 2016) there were 100 Pasadena lucky home buyers.  The low absorption rate reflects a very strong seller’s market. The average Pasadena home is selling for over asking price in 46 days. Last year (June 2015) 96 Pasadena homes...

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La Canada Luxury Real Estate Sales 7

Pasadena Luxury Real Estate Sales

Last month (June 2016) the most expensive Pasadena luxury sale was 1517 Lombardy Road.  Prior to selling, the home was unsuccessfully listed for $7,500,000, later reduced to $6,950,000 and after a total of 53 days on the market expired.  It w...

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Is it okay to bury a St. Joseph statue to help sell your home? 1

Pasadena May Real Estate Values 2016

Last month, (May 2016), 67 Pasadena homes sold, ranging in price from $450,000 - $4,290,000.  Due to lender regulations TRID the days of closing loans in 14-30 days is likely a thing of the past, expect 35-45 day escrows as the new norm. ...

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La Canada Luxury Real Estate Sales 7

Pasadena May 2016 Luxury Sales

Last month (May 2016) the most expensive luxury home sale in Pasadena was 485 South Grand Ave. The sellers purchased the home in 2008 for $4,300,000 and just sold it last month for $4,290,000. MLS remarks from their purchase read: This stunn...

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Pasadena Real Estate Values 2

Pasadena Real Estate Values

Although rents are rising, home prices appear to be stabilizing. Many lenders are making it easier for first time buyers to jump in: U.K. banking giant Barclays is to offer 100 percent mortgages, in a move that echoes the risky lending pract...

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Luxury Real Estate Sales in Glendale 1

Pasadena March 2016 Luxury Real Estate Sales

Last month the most expensive Pasadena luxury home sale was in one of my favorite Pasadena neighborhoods: Pegfair Estates. 1585 Pegfair Drive sold for $2,825,000 - $70,000 less than the asking price.  MLS remarks read: A Beautiful, Extensivel...

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Pasadena Real Estate Values 2

Pasadena Real Estate Values

Pasadena home buyers know the drill: Packed open houses. Bidding wars. Rising prices. That's the landscape for much of the Southern California housing market as the spring selling season gets underway. Competition is as fierce, or even greater,...

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Preparing Your Home for Sale 3

Preparing Your Home for Sale

  You have addressed curb appeal;  your gardener has trimmed your trees and bushes, planted flowers and mulched the planting beds.  The front porch is clean and welcoming. Now your aim is to make your home appeal to as many buyers a...

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La Canada January 2016 Luxury Home Sales 2

Pasadena January 2016 Real Estate Sales

Pasadena January 2016 Real Estate Sales   At first glance it appears, Pasadena's average price per square foot is down, from December but it's much higher than January of last year.  DOM (days on market) remains under two months a...

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Pasadena Luxury Real Estate Sales 1

Pasadena Luxury Real Estate Sales

Pasadena Luxury Real Estate Sales Last month (December 2015) the most expensive Pasadena luxury real estate sale was 1681 San Pasqual. This 6 bedroom, 7 bath home is sited on a ½ acre encompassing nearly 6,000 square feet. Constructed in ...

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