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Pasadena Real Estate Values 4

Pasadena Real Estate Values November 2013

Have Pasadena real estate values stabilized?  Foreclosures and short sales comprise just 10% of the Pasadena real estate market.  The average price per square foot of Pasadena home sales in October and November are nearly identical.   The a...

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Pasadena Real Estate Values up 28% 2

Pasadena Real Estate Values up 28%

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 (...

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Pasadena real estate values up 26% 1

Pasadena real estate values up 26%

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...

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Pasadena Luxury Condominiums

Pasadena Luxury Condominiums

Last week, Joe (Harb) and I checked out the new luxury condos at 920 N. Granite Drive in Pasadena. Granite Park, in the heart of Pasadena's South Lake Ave District, was offered for sale a few years ago, and about 50% of the units sold. Ther...

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