Pasadena Real Estate Market Summary for March 2012
March 18, 2012
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Pasadena real estate market summary for March 2012: Average price per square foot for Pasadena was $343, an increase of 0.9% compared to the same period last year. The median sales price for homes in Pasadena for Dec 11 to Feb 12 was $453,250 based on 326 home sales. Compared to the s
Continue Reading →San Marino Market Trends, March 2012
March 05, 2012
San Marino’s home resale inventories increased, with a 29 percent increase since February 2012. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in March. The median listing price in San Marino stayed the same from
Continue Reading →Pasadena Market Trends, March 2012
March 05, 2012
Pasadena’s home resale inventories decreased slightly, with a 5 percent decrease since February 2012. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in March. The median listing price in Pasadena went up from February to
Continue Reading →2011 seen as ‘turning point’ for home prices
More than half of economists, real estate experts and investment strategists polled by MacroMarkets LLC in June said they now expect national home prices to hit a bottom sometime in 2011 and remain stable through 2015. MacroMarkets polls more than 100 housing experts with a wide ran
Continue Reading →U.S. Home Prices: ‘Double-Dip’ Confirmed
June 01, 2011
U.S. home prices hit their lowest level since the beginning of the recession, according to the latest Standard & Poor’s/Case-Shiller National Home Price Index released today. NEW YORK (CNNMoney) — Home prices hit another new low in the first quarter, down 5.1% from a
Continue Reading →Foreclosures account for 28% of real estate sales in Q1
May 27, 2011
Foreclosure sales accounted for 28 percent of U.S. home sales in the first quarter, with those properties selling for nearly 27 percent less, on average, than homes not in the foreclosure process, data aggregator RealtyTrac said in a report released today. A total of 158,434 U.S. re
Continue Reading →Survey: Next 2 years is prime time for real estate investors
May 27, 2011
Real estate investors are likely to be three times more active than other types of homebuyers in their local markets within the next two years, according to a nationwide survey from Realtor.com operator Move Inc. Market research firm GfK Custom Research North America conducted the sur
Continue Reading →Foreclosure Rate Retreats from Record High
May 20, 2011
The percentage of homeowners with mortgages who were in foreclosure or seriously delinquent fell during the first three months of the year, and improvement in the performance of loans taken out from 2005-07 suggests a sustainable trend, the Mortgage Bankers Association said today in r
Continue Reading →Foreclosure Filings Ease in Western States
May 18, 2011
california real estate, Case-Shiller, home value index, market conditions, market trends, real estate marketForeclosure-related filings fell during April in four of five Western states covered by ForeclosureRadar, a surprising trend given that banks have had time to resolve robo-signing issues and lenders would be expected to be trying to make up for recent delays, the company said. Forecl
Continue Reading →NAHB’s Spring Forecast Analyzes an Elusive Recovery
While each of the three presenters at the NAHB’s spring 2011 Construction Forecast agreed that things will be better by the end of next year, there was some dissention on the extent to which improvement can be expected, underscoring how elusive an accurate projection of the recovery
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