Last month, November there were 56 Pasadena real estate sales. Most Pasadena homes are selling quickly near (or over asking price). The absorption rate of 2.72% indicates a very strong seller's market - less than three months of inventory.
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Seller financing is also referred to as a seller carry back. Likely due to my banking background I believe there are many pitfalls to seller financing.
As interest rates are cyclical, the benefits of seller financing increase when rates are ...
Last month (November 2015) there were seven luxury La Canada real estate sales – homes which sold for over $2,000,000. The average selling price of these seven homes was $2,779,000, on average they sold for 98% of asking price and price per s...
Due to the increased burglaries in my La Canada neighborhood and in most of our Foothill Communities, we rented a safety deposit bank. The banker told me there were only a few available, so we aren't the only ones concerned with break-ins. We d...
Throughout the world, there is hunger, poverty, and sickness. Being born in the United States is like hitting the lottery. To some extent, I believe God helps those who help themselves. Unfortunately, not everyone is in a position to help thems...
Last month (October 2015) the most expensive Pasadena luxury real estate sale was 1466 San Pasqual St.
MLS remarks read: Situated in the coveted Caltech neighborhood this grand Mediterranean is a perfect example of Pasadena's well respect...
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Pasadena real estate statistics are completed. Last month (October) the average price per square foot was $528 – beaten only by July’s $534.
Chinese buyer’s continue to play a big role in Pasadena real estate. China’s growing i...
Last month (October) the most expensive luxury real estate sale in Glendale was 1650 Oakengate Dr. This 5 bedroom, 5 bath home was built in 1966 and encompasses just over 4,000 square feet. The home is sited on a nearly 10,000 square foot lot.
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Monthly, we compile the La Crescenta real estate statistics. Last month (October), 20 La Crescenta homes closed escrow. Housing supply (inventory) dwindles this time of year, but the remaining homes in La Crescenta are being snatched up. The ...