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Pasadena, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
We have always supported small businesses, not just on the official "Small Saturdays", but all year long. Thanks to John Pusa  he reminded me that Vroman's celebrated their 130th year in business. How incredible is that? Now we could not go when the actual celebration was during the middle of the week, but we were thrilled to come our first opportunity.Now if you are wondering, we have been supporting Vroman's for about 26 years. Yes, today Diane bought not just a couple of books, but various celebration cards, like Birthdays and other special occasions. She even managed to find a few Christmas - presents for our friends. Personally, I refrained with extra ordinary willpower not to buy the latest Jack Peppin cookbook.The best part was we bought Holly along in her stroller and as every t...
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By inboundREM Market Updates
(InboundREM)
North Arroyo, Pasadena, CA Community and Real Estate InformationNorth Arroyo is a thriving community in Pasadena's northern reaches. Woodwardia Canyon to the north and west, the Ventura Freeway to the south, and El Prieto Road to the east, generally define its boundaries. This enclave now enjoys its status as one of Pasadena City's most affluent and opulent neighborhoods, giving inhabitants the privacy and extravagant lifestyles they desire.  The size, kind, and purpose of homes for sale in North Arroyo vary, and the neighborhood includes three types of settlements: condominiums, townhouses, and single-family homes. The architectural styles of these homes include Cape Cod, Georgian, Colonial Revival, and Victorian. Condominiums are ideal for young professionals and those who seek a more...
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By inboundREM Market Updates
(InboundREM)
Lamanda Park, Pasadena, CA Community and Real Estate InformationLamanda Park is a popular residential area in Pasadena's eastern district. Foothill Freeway to the north, Allen Avenue to the west, E Del Mar Boulevard to the south, and N Kinneloa Avenue to the west are all easy access points. This community began with 1,300 acres of property, dubbed Sunny Slope Ranch at the time. It was a piece of land that L.J. Rose owned. Several wineries sprang up in the area soon after. From 1865 until 1923, the Sierra Madre Vintage Company, Sunny Slope Winery, and Mountain Wine Company were just a few of the well-known wineries. The Los Angeles and San Gabriel Valley Railroad arrived in the neighborhood in 1885. Lamanda Park drew a lot of interest from other areas as a result of this railroad system....
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By inboundREM Market Updates
(InboundREM)
Playhouse District, Pasadena, CA Community and Real Estate InformationThe Playhouse District, commonly known as Playhouse Village, is a lovely Pasadena neighborhood. It is advantageously flanked to the north by the Foothill Freeway, to the west by Los Robles Avenue, to the south by E California Boulevard, and to the east by S Hudson Avenue. In the 1920s, this bustling neighborhood became well-known for its business, retail, cultural, and professional activities. The majority of the original buildings from the community's heyday are still standing. Because of the community's efforts to preserve its heritage, a significant component of the neighborhood is listed on the National Register of Historic Places. Thousands of people now live in the region, enjoying the ease of being in the heart...
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By inboundREM Market Updates
(InboundREM)
South Arroyo, Pasadena, CA Community and Real Estate InformationThe charming neighborhood of South Arroyo is located in Pasadena's western part. It is bounded on the north by the Ventura Freeway, on the west by La Loma Road, on the south by Avenue 64, and on the east by Fair Oaks Avenue. This neighborhood is undoubtedly the most beautiful and scenic in the entire city. Some of the properties in the region were developed by Green & Green, a well-known property developer. It's a tribute to the community's commitment to only offering the highest-quality houses in order to deliver the finest possible living experience for its inhabitants. Because it provides luxurious amenities without the costly price tags, this neighborhood has been branded a rip-off of Los Angeles' high-end houses. All o...
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By inboundREM Market Updates
(InboundREM)
Bungalow Heaven, Pasadena, CA Community and Real Estate InformationBungalow Heaven is a residential area of Pasadena, California, located in the north-eastern area of the city. It is generally bordered to the north, west, south, and east by E Washington Boulevard, N Lake Avenue, and Orange Grove Boulevard. During the boom years of the 1880s, the neighborhood was subdivided extensively, but the majority of the land remained agricultural. Between 1900 and 1920, as Pasadena's population exploded, it gradually progressed toward urbanization. The Arts and Crafts Movement controlled the entire country during this period. It had a huge influence on property designs during the period. The neighborhood, as well as the lovely houses sprinkled around the area, were cherished by the residents. Bung...
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By inboundREM Market Updates
(InboundREM)
Downtown Pasadena, CA Community and Real Estate InformationDowntown Pasadena is a sprawling district in Pasadena, California. It is roughly bordered to the north by the Foothill Freeway, to the west by the Long Beach Freeway, to the south by E California Boulevard, and to the east by N Wilson Avenue. Because of the growth in population, the area witnessed tremendous development from the 1900s through the 1940s. The area thrived despite the outbreak of the Great Depression in the 1930s. Although it began as a tourist resort, it evolved into an industrial area that allowed it to continue to expand and modernize. Downtown Pasadena has been undergoing continual redevelopment efforts, which have resulted in even more development. As a community that has accomplished wise expansion throughout...
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On May 7, 2021, Realtor.com reported that in Pasadena, California median list price was $999,000 in April of 2021 slightly down from $999,500 in March of 2021, and decreased 5.0% from $1,049,500 in April of 2020. While, median sales price for a home and a condo was $997,000 in April of 2021, declined 6.0% from April of 2020 in Pasadena, California.Houses stayed 52.00 days in the market in April of 2021 up from 51.00 days in March of 2021, but lower from 41.00 days in April of 2020 in Pasadena, California.The median listing price per square foot of a home and a condo was $620.00 in April of 2021 gained from $607.00 in March of 2021, and increased 5.0% from $588.00 in April of 2020 in Pasadena, California according to Realtor.For complete more detailed information about Realtor.com’s late...
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On April 9, 2021, Realtor.com reported that in Pasadena, California median list price was $989,450 in March of 2021 lower from $999,000 in February of 2021, and down 1.0% from $998,000 in March of 2020. While, median sales price for a home and a condo was $930,000 in March of 2021, rose 10.0% from March of 2020 in Pasadena, California.Houses stayed 51.00 days in the market in March of 2021 dropped from 61.00 days in February of 2021, and declined from 52.00 days in March of 2020 in Pasadena, California.The median listing price per square foot of a home and a condo was $607.00 in March of 2021 increased from $597.00 in February of 2021, and gained 3.0% from $486.00 in March of 2010 in Pasadena, California according to Realtor.For complete more detailed information about Realtor.com’s lat...
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On March 6, 2021, Realtor.com reported that in Pasadena, California median list price was $998,000 in February of 2021 dropped from $1,042,000 in January of 2021, and lower 3.0% from $1,024,000 in February of 2020. While, median sales price for a home and a condo was $953,000 in February of 2021, declined 3.0% from February of 2020 in Pasadena, California.Houses stayed 61.00 days in the market in February of 2021 down from 62.00 days in January of 2021, and fell from 72.00 days in February of 2020 in Pasadena, California.The median listing price per square foot of a home and a condo was $597.00 in February of 2021 decreased from $615.00 in January of 2021, but increased 3.0% from $585.00 in January of 2010 in Pasadena, California according to Realtor.For complete more detailed informati...
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On February 15, 2021, Realtor.com reported that in Pasadena, California median list price was $1,049,000 in January of 2021 gained from $1,000,000 in December of 2020, and increased 6.0% from $989,999 in January of 2020. While, median sales price for a home and a condo was $995,000 in January of 2021, rose 14.0% from January of 2020 in Pasadena, California.Houses stayed 60.00 days in the market in January of 2021 higher from 55.00 days in December of 2020, but lower from 82.00 days in January of 2020 in Pasadena, California.The median listing price per square foot of a home and a condo was $614.00 in January of 2021 up from $598.00 in December of 2020, and jumped 7.0% from $569.00 in January of 2010 in Pasadena, California according to Realtor.For complete more detailed information abou...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Less than a month ago we were at the Vroman's Bookstore in Pasadena and saw this in the elvator....  Four days ago there is a New President in the United States!!! How exciting how will this change? Love to hear your input.This post if for  you Michael Jacobs   since you did not want to meet us at your backyard:))) thought you would appreciate this!I am grateful that we are healthy and living  and working comfortably from our home. Wishing you all a Healthy & Prosperous 2021! Thank you for reading.Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly ...
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On January 9, 2021, Realtor.com reported that in Pasadena, California median list price was $995,000 in December of 2020 down from $999,000 in November of 2020, but up 1.0% from $988,999 in December of 2019. While, median sales price for a home and a condo was $980,000 in December of 2020, jumped 11.0% from December of 2019 in Pasadena, California.Houses stayed 55.00 days in the market in December of 2020 gained from 49.00 days in November of 2020, but decreased from 67.00 days in December of 2019 in Pasadena, California.The median listing price per square foot of a home and a condo was $593.00 in December of 2020 unchanged from $593,00 in November of 2020, but higher 5.0% from $565.00 in December of 2019 in Pasadena, California according to Realtor.For complete more detailed informatio...
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On December 8, 2020, Realtor.com reported that in Pasadena, California median list price was $999,000 in November of 2020 up from $998,500 in October of 2020, and increased 1.0% from $988.000 in November of 2019. While, median sales price for a home and a condo was $875,000 in November of 2020, higher 1.0% from November of 2019 in Pasadena, California.Houses stayed 48.00 days in the market in November of 2020 down from 50.00 days in October of 2020, and declined from 64.00 days in November of 2019 in , California.The median listing price per square foot of a home and a condo was $595.00 in November of 2020 gained from $590,00 in October of 2020, and rose 4.0% from $573.00 in November of 2019 in , California according to Realtor.For complete more detailed information about Realtor.com’s ...
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By Rob Spinosa, Mortgage Loan Originator, Marin County
(US Bank)
It's Cool to Conform in 2021 If you know me, you know that I don't like to stick to convention.  I was the teenager who skipped college, moved to Hollywood and played rock guitar.  In my 20's, I saved up vacation time not for sandy white beaches but instead for expeditions to the harsh mountain environs of the world's highest peaks.  In my 30's, I dove (literally) into the sport of triathlon --- an endeavor, to quote my Aunt Marge, that would be something she'd "rather die a thousand deaths" before contemplating.  When I come to the fork in the road where straight and narrow diverges from the path less traveled, you can bet your best Yogi Berra'ism that I'm gonna take the latter.  So to write a blog post solely about the increase in conforming loan limits tests my own limits of conformi...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Diane has been nagging me and Michael Jacobs  seems like for years: When will the Wine Bar be open? I want to get drinks and hang out with Michael and buy books.... well Michael kept us up to date about the progress... and we were looking forward to getting together at our favorite bookstore and wine bar to be.... Then the Pandemic Hit.... so with that said Michael Jacobs  the nagging will continue:)) When will they open up the Wine Bar??? How ironic the WAITE continues:)))Wishing you a safe and healthy life and I look forward to your comments.If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!If you are looking for a pet friendly Beverly Hills Realtor who c...
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On November 17, 2020, Realtor.com reported that in Pasadena, California median list price was $998,000 in October of 2020 unchanged from $998,000 in September of 2020, and same as 0.0% from $998,000 in October of 2019. While, median sales price for a home and a condo was $902,000 in October of 2020, higher 2.0% from October of 2019 in Pasadena, California.Houses stayed 50.00 days in the market in October of 2020 gained from 48.00 days in September of 2020, but dropped from 61.00 days in October of 2019 in Pasadena, California.The median listing price per square foot of a home and a condo was $589.00 in October of 2020 declined from $595,00 in September of 2020, but increased 3.0% from $572.00 in October of 2019 in Pasadena, California according to Realtor.For complete more detailed info...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Pasadena Ca Real Estate Market Update October 2020The Pasadena market is very active, 93 homes closed escrow for that month, 32 homes sold below asking price and 53 above.Two were Trust Sales, one Bank Owned, one Probate and the rest were standard sales.Mortgage Interest Rates: 2.750 for conventional, 2.5% for Fha and Va loans, all are fixed for 30 years  
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On October 9, 2020, Realtor.com reported that in Pasadena, California median list price was $998,000 in September of 2020 unchanged from $998,000 in August of 2020, but slightly lower 0.0% from $999,000 in September of 2019. While, median sales price for a home and a condo was $943,000 in September of 2020, increased 5.0% from September of 2019 in Pasadena, California.Houses stayed 49.00 days in the market in September of 2020 down from 50.00 days in August of 2020, and fell from 56.00 days in September of 2019 in Pasadena, California.The median listing price per square foot of a home and a condo was $596.00 in September of 2020 up from $592,00 in August of 2020, and gained 4.0% from $571.00 in September of 2019 in Pasadena, California according to Realtor.For complete more detailed inf...
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In September of 2020, Realtor.com reported that in Pasadena, California median list price was $998,000 in August of 2020 higher from $995,000 in July of 2020, and up 1.0% from $989,000 in August of 2019. While, median sales price for a home and a condo was $991,000 in August of 2020, rose 13.0% from August of 2019 in Pasadena, California.Houses stayed 49.00 days in the market in August of 2020 increased from 48.00 days in July of 2020, but declined from 58.00 days in August of 2019 in Pasadena, California.The median listing price per square foot of a home and a condo was $592.00 in August of 2020 up from $587,00 in July of 2020, and gained 4.0% from $568.00 in August of 2019 in Pasadena, California according to Realtor.For complete more detailed information about Realtor.com’s latest ho...
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By Rob Spinosa, Mortgage Loan Originator, Marin County
(US Bank)
Should I Keep Making My Mortgage Payment?  With so many people refinancing these days, and with the loan process sometimes crossing one or two months' time, a question we frequently get from those in process is, "Should I keep making my mortgage payment?"  The answer is a simple and clear, "Yes!"   But let's talk about why, because the concept is as simple as it is often misunderstood.  In our formative financial years, many of us rented a home or apartment before we made the leap into home ownership.  And I'd be willing to be bet that more than a few of us got chased by a landlord about the rent being a few too many days late past first of the month.  Herein lies the mortgage payment dilemma when it comes to refinancing.  Unlike rent payments, which are due on the first of the month an...
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