I am not a conspiracy theorist, but a 28% increase in Pasadena real estate values seems eerily frightening. However, a closer analysis reveals that while 25% of Pasadena home sales were short sales or foreclosures last year, this September (...
It’s frightening how quickly and how much Pasadena real estate values have increased.
In August 2012, 87 Pasadena homes sold at an average of $366.46 price per square foot. There were 19 short sales and foreclosures (22% of the Pa...