Pasadena up2date

Most contracts to purchase real estate are written with escrow periods of 30 to 45 days. These time periods allow a contingency period (usually 17 days) for the buyer to perform their due diligence on the property with regards to inspections, disclosures, condition, loan and appraisal. After the ...

If you have been looking for homes throughout Pasadena and have decided that a hundred year old home is not for you, then welcome to Lower Hastings Ranch. Any frustration you have experienced with the Pasadena housing market, just might end here. Most of the homes in this area were constructed be...

California Law allows certain owners of real property to transfer their tax basis once a principal residence is sold, to a new replacement property. There are certain exclusions, but overall this is a great benefit for those who qualify. Lets look at a hypothetical example. For instance, if you h...

According to the Real Estate Publication Real Trends the amount of money you pay to sell your home is on the rise. Due to the slowing market, real estate agents claim they have to market homes more aggressively in order to get them sold. A quick read between the lines interprets this to mean they...

Time to get out the crystal ball or the Ouija Board and make some sense of what is happening in the Pasadena Housing Market. Sales results for May indicate that fewer homes are being sold this year versus last, and down considerably when compared to May 2004. It is also taking longer to sell a ho...

As I look through the Pasadena MLS, I see houses that continue to sit, unsold. According to the data, properties are sitting a minimum of at least two months before they are sold.So what does this suggest for homes that have been "For Sale" in excess of 60 days with no offer? If there has been no...

Earlier in the year there was increased optimism that theFederal Reservewould begin to ease interest rates to the enjoyment of many would be home buyers. Now it appears at least for the moment, that interest rates may move up before they begin to move down. The money supply, it is a tight'nin. I ...

I had a conversation the other day with one of my home sellers. This particular house has been listed for sale for six months. The conversation centered on a market analysis I had prepared and mailed regarding the activity or lack of activity in this neighborhood. Many of the houses had taken at ...

Who has your ear when you are selling your home, a friend or your real estate agent?People love to give advice. Unsolicited, unwarranted, unnecessary, everyone has an opinion. Real estate is no exception. Almost everyone has seen an episode of "The Apprentice" or watched a 30 minute infomercial ...

Looking to pick up a bargain? This could be your weekend. There will be an auction this Saturday, May 19 in Los Angeles by a company known as Real Estate Disposition Corporation. They just held an auction in San Diego this past Saturday and will also have one on Sunday, May 20th in Riverside. Cli...