South Pasadena, CA Real Estate News

By Mark Velasco, Top Producing COMMERCIAL Team 30+ years experience
(Sharpstone Commercial)
                                                                                                 I will do the following things:1. I will have a regular communication schedule (weekly or biweekly) to provide regular Buyer feedback.2. I will send copies of ALL ads and marketing materials.                            3. I will make you a part of the process (input is welcome and accepted)4. I will NOT Disappear.5. I will get the Highest and Best home price in the shortest possible time.                                     Click here to find out: What is my home worth? If you know of clients who may need some help in the So California, feel free to send them to my site: Search MLS: Arcadia, San Marino, South Pasadena, Los Feliz, Downey,& Whittier, CA.
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 21Average Listing Price: $ 895,900Listings Under Contract: 3Average Listing Price: $ 737,966 Listings Sold: 17Average Selling Price: $ 1,049,312 % Difence Between Listing Price versus Selling Price: 95.62 %% Sales Price Versus Old Listing Price: 94.14 %Average Days on The Market: 12 http://www.sfvalleyhotproperties.com   North Hollywood Real Estate ,Statistics, Mortgage Loans, Foreclosures  
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 28Average Listing Price: $ 1,127,654Listings Under Contract: 1Average Listing Price: $ 459,000 Listings Sold: 16Average Selling Price: $ 837,812 % Difence Between Listing Price versus Selling Price: 98.89 %% Sales Price Versus Old Listing Price: 94.37%Average Days on The Market: 3 http://www.stoppayingrentinla.com Granada Hills Real Estate Statistics, Mortgage Loans, Foreclosures  
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 28Average Listing Price: $ 791,535Listings Under Contract: 0Average Listing Price: $ 0 Listings Sold: 6Average Selling Price: $ 801,150 % Difence Between Listing Price versus Selling Price: 99.42 %% Sales Price Versus Old Listing Price: 93.43 %Average Days on The Market: 0 http://www.losangelescountyrealestate.blogspot.com Real Estate Statistics, Real Estate News, Mortgage Loan    
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
South Pasadena real estate market statistics for the last 3 months are below.  For a full analysis and commentary, please visit the original post at the South Pasadena Real Estate website.     South Pasadena real estate and housing statistics for September through November 2008: Single Family Residence Sep-08 Oct-08 Nov-08 New Listings 10 13 9 Total Listings 33 34 35 Sales Pending 9 8 0 Homes Sold 5 5 9 Listings Expired 3 5 6 Average Days on the Market 68 96 77 Average Price Per Sq. Ft. $499 $493 $462 Average Median Price $930,000 $940,000 $1,000,000 Average Selling Price $1,145,178 $1,037,300 $998,833 Absorption Rate (# of weeks to sell current inventory at present rate of sales) 28.6 29.5 16.9         Condos and Townhomes Sep-08 Oct-08 Nov-08 New Listings 6 4 5 Total Listings 18 13 15...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
If you live in South Pasadena or take the Gold Line from the Mission station, you probably already know about Heirloom Bakery.  I was introduced to it by a realtor friend of mine a few months ago and loved it since. Heirloom bakery serve a mean cup of late and the most delicious carrot cupcake that I have had.  They also cook up a fabulous breakfast and lunch. My kids (yes - they're picky eaters) are always excited about heading to Heirloom for breakfast.  I also like the fact that there's both in-door and out-door seating.  Heirloom is located at 807 Meridian Avenue, South Pasadena, California 91030.  Their phone number is  626-441-0042 . If you are like me, take a nice long walk along the Arroyo and then head over to Heirloom for breakfast.  Maybe, we'll run into each other there one ...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
There are no surprises in the real estate market statistics in South Pasadena.  Over the last three months, South Pasadena real estate activity has been pretty stable with an increase in pending sales in July.  We always see an upswing in summer sales due to moves in and out of the area with kids being out of school. New listings remain pretty constant with approximately 10 new homes coming on the market each month.  There were less listings that expired indicating more price reductions and accepted offers. New listings for South Pasadena condos and townhomes doubled between May 08 and June 08, but closed sales are still pretty low leading to a 45.5 week absorption rate.  An absorption rate is a good indication of activity and inventory.  It simply means that it will take a bit over 45 ...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
Summer is about being outdoors, enjoying activities with friends and family and of course, heading over to your favorite park for a concert.  If that concert is free, well... that's even better. SOUTH PASADENA, CA Location:  Garfield Park (on Mission Street between Stratford & Park Avenue) Time:  5:00 pm to 7:00 pm August 3 Son Mayor August 10 Surfing Safaris READ MORE:  South Pasadena, California CLICK HERE FOR A LIST OF ALL LOCAL SUMMER CONCERT SERIES Posted By: Irina Netchaev - Pasadena California Real Estate Agent - Irina Netchaev & Associates.  Irina and her Team of Real Estate experts work in the beautiful Keller Williams Realty in Pasadena California specializing in Pasadena Real Estate, San Marino Real Estate, South Pasadena Real Estate, San Gabriel Real Estate, Altadena Real Es...
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By Michelle Minch, Home Staging Los Angeles and Pasadena, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
I am often asked by clients and colleagues where is the best place to shop for tile for remodeling projectsand new construction in the Pasadena and Los Angeles area. My first, and often only, stop when I am working on a kitchen or bathroom interior design project is Mission Tile West in South Pasadena.     This is one of my personal favorites: glass mosaic tile in a paisley pattern. It is available in pretty much any color way imaginable. (Warning: it is not for the faint of wallet or if you are in a hurry, but worth every penny in my opinion)      The depth and breadth of their tile offerings is truly, well, breath taking! They have tile covering every architectural style or period.       They have a huge selection of Batchelder tile. The tiles can be customized in an array of colors. ...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
If you are living in South Pasadena or are thinking about relocating to South Pasadena, you've come to the right place.  This post will be updated monthly, around the first week of the month, for the previous month and will give you key real estate market indicators for South Pasadena California.  Bookmark this page and visit it each month to see how South Pasadena homes and condos are faring in today's real estate market. If you are already a South Pasadena homeowner and would like to get a monthly email sent to you with real estate activity around your South Pasadena home, please click here and order your real estate monthly market report.  You will not be contacted by me or anyone on my team and the information will be generated automatically via email based on the criteria that you ...
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By Linda S. Lane
(Dilbeck Real Estate Real Living)
South Pasadena remains a very desirable area based on its proximity to downtown Los Angeles, its small town feel, and its public schools...   May YTD # Units Sold 7 28 Dollar Value  $    4,972,500  $    21,692,500 Average List Price  $       735,271  $         791,743 Average Sold Price  $       710,357  $         774,732 Average Market Time 45 60 Average Square Feet 1,661 1,700 Average Price Per Sq. Ft. $428 $456 % of List Price 96.61% 97.85%
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
Everyone who lives or drives though South Pasadena on a regular basis has seen the Rialto Theater.  It's been a fixture in the community for over 80 years.  Well... it seems like our Landmark played it's last show last night.  As one of the local South Pasadena bloggers pointed out, without much fanfare Rialto closed its doors.Most of us remember the midnight Rocky Horror Picture Show that played every weekend for years!For more information on the closing and a bit of history on this wonderful theater, take a look at this Los Angeles Times article.Rialto - you will be missed!Photo courtesy of Ross Melnick
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By Doug Willis
(RE/MAX Property Concierge)
The South Pasadena Housing Market bounced back from its dismal showing in June to a more moderate pace. Last year the market took it's dip in July, as opposed to this year in June. This is why its good to look at a minimum three month reporting cycle, so that the monthly volume swings have an opportunity to correct themselves.Overall, there are fewer homes being sold in ‘07 as opposed to ‘06. This appears to be a fact, no matter which area you are in. However the South Pasadena market has been very resilient to some of the changes going on in the industry. One reason is the affordability factor in South Pasadena. Of the twenty homes sold in July, there were only three recorded sales under $650,000. Homes for sale that are priced below $650,000 seem to be feeling more of the slowdown in...
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By Doug Willis
(RE/MAX Property Concierge)
South Pasadena is often thought to be somewhat immune to the typical ups and downs of the real estate cycle. However in June it showed that if the rest of the area has caught a cold, South Pasadena has the sniffles. June is typically the time we begin to see the Summer selling season kick into high gear, but this year it failed to show up. It didn't even make an appearance. There were only 9 recorded home sales for June 2007 compared to 25 last year. Why the dismal June? It can be hard to quantify. For a home to be sold in June, it would have probably gone into escrow late April or by the end of May. A slight up tick in interest rates may have kept the lid on home sales.Also if you look at the absorption rate with approximately 67 homes for sale or waiting to close escrow, there is curr...
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By Eddy Martinez
(Nationwide Funding Group)
Credit protections have mulitplied rapidly in the past few decades. The concepts of "fair" and "equal" credit have been written into laws that prohibit unfair discrimination in credit transactions, require that consumers be told the reason when and why credit is denied, let borrowers find out about their credit records, and set up a way for consumers to settle billing disputes. The main purpose of each individual laws was meant to reduce the problems and confusion about consumer credit. In todays economy credit is used more widley. Your credit is checked when you open a bank account using chex systems. When you apply for store credit your credit is also checked. With so many different companies running customers credit in many different ways credit problems become more and more complex....
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