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Pasadena Real Estate Sales November 2015

Pasadena Real Estate Sales November 2015: There were 56 Pasadena real estate sales last month. Most Pasadena homes continue to sell quickly near (or over) asking price. The absorption rate of 2.72% indicates a powerful seller’s market, with less than three months of listing inventory. The number of days on the market has not significantly varied this year.

 Pasadena November 2015 Real Estate Stats

Pasadena Real Estate Sales November 2015 Recap:

What’s next for Pasadena home buyers? Millennials now form over a quarter of the United States population. They dominate as America’s largest demographic. This group drives a powerful buying force. Brands actively compete for their attention. They account for nearly three-quarters of first-time buyers. Their preferences shape the economy. They influence how homes are designed, built, and financed. In Pasadena, home flippers craft homes with open layouts and innovative technology to attract the Millennials. Lenders offer flexible financing options to meet their needs.
Additionally, Millennials prioritize sustainability and energy-efficient features. They seek walkable neighborhoods near urban amenities. As a result, Pasadena’s real estate market adapts to these demands. Developers and home flippers focus on modern, eco-friendly designs. They create communities with easy access to shops, cafes, and transit. Their influence ensures Pasadena’s housing market evolves rapidly.

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