The Pasadena Homes Guide - Keeping You Informed on Pasadena Real Estate Info

One of the most desirable areas to live in Los Angeles County is the small city of Bradbury, located in the foothills of the San Gabriel Mountains.  It contains two gated neighborhoods: the Bradbury Estates on the Western side of the city and the Woodlyn Community on the Eastern side.  For those ...

One of the most important trends in the current real estate market is creative financing.  Creative financing involves borrowing money from sources other than institutional lenders and banks.  Buyers have used it in past market downturns when bank financing became less desirable.  The most common...

Perhaps you saw the recent headlines about property values being on the rise in Pasadena in the Pasadena Star News, and wondered what it meant for your prospects of buying or selling your home.  If you're like me, newsstand headlines are an important source of Pasadena news.  But what is the real...

Foreclosures and Fixer-Uppers Looking for a good deal and don't mind doing a little work for it?  You may be interested in buying a "fixer-upper" to save money.  There are more fixers for sale than in other periods because of the prevalence of foreclosures in the Pasadena area.  When foreclosures...

Imagine this: You have just been offered your dream job in New York.  There's only one problem.  You can't sell your Los Angeles home because the market's slow.  What do you do?  Turn down the job offer?  Rent out your home and become a landlord from 3000 miles away?  If only you could find someo...

What is an REO?  When a homeowner doesn't make their mortgage payments, the lender forecloses on the property and auctions it off.  If no one buys the home at the foreclosure auction, then the bank still owns the property and wants to get rid of it as quickly as possible.  This is an REO, which s...

It seems like everyone's "going green" these days, from car makers, to educational institutions, to big companies trying to save on paper costs for bills.  Now home builders are jumping on board too.  Nationally, builders expect that by 2010 as many as 40-50% of homes being built will be "green,"...

While the weakened housing market continues to be problematic for sellers, the outlook for residential rental property is looking good.  A recent New York Times article on June 21, 2008 documents the significant increase in renters that thousands of foreclosures have caused.  Gains had been made ...

At last we come to price in our series.  What could there be to write about price, Sam?  Buy low, sell high just like the stock market, right?  Yes, that's true but it's not quite as simple to use that rule for Pasadena real estate as it is for the stock market.  If you want to buy shares of stoc...

The third thing to consider in your purchase of a Pasadena home are the mortgage rates.  Rising or falling mortgage rates can affect your payments similar to rising or falling prices.  Even if prices drop 5% more in Pasadena, rises in mortgage rates could make that cheaper house more expensive to...