Pasadena, CA Real Estate News

By Michael Jacobs, Los Angeles Pasadena 818.516.4393
 It Is Okay To Quit     It is okay to quit.  What? Never quit. We have heard it often.  But is it correct?  Whether it's a job.  A class.  A relationship.  A bad habit.   Is it ever a good idea or a good plan to quit? How about those yearly resolutions that we often see--do we quit resolving to go to the gym on a regular basis for example?     Winners never quit and quitters never win                                                            - Vince Lombardi   There are seemingly countless quotes that discuss "never quitting" but what about the advice from others on the value of quitting.  I found some including this one:  If you never quit anything, you're going to have less time for the things that really matter                                                           - Eric Barker ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Capernaum A Movie  Review        Capernaum and Weltanschuung Capernaum And Weltanschuung may confuse some who see these two words together.  Quite different indeed.   Two words equally difficult to pronounce by some but any other similarities between the two end there.  Weltanschuung is fairly well-known by ActiveRain members and Capernaum is a movie playing in selected movie theaters across the country.   This post is a movie review of Capernaum but I have written posts in the past discussing Weltanschuung.   Capernaum is a foreign lmovie that has been touted as a possible best foreign country film nominee in many circles and in my opinion is the leading candidate of the films eligible although there are many who disagree with me.  Oh, well.  I'll survive.  Again.    I realize that mov...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
 Whether Conditions...        Whether Conditions. No, NOT weather conditions but what impacts your market, your livelihood and YOU.  Whether it be snow, hurricane or some other natural or not-so-natural occurrence things happen.   Whether it be weather or something else.  We know it. We experience it.  But I honestly believe that our attitude plays an important role maybe even the most important role if we look at the "big picture".  My career in real estate began in 1993.  I passed my California real estate licensing exam and almost immediately wildfires impacted some of the areas in my market(October of that same year).  The devastating Northridge earthquake of January 1994 followed not too long later.  This was on top of riots and a general unhappiness surrounding the economy that im...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Your Goals. Your Priorities. My Role.   So it's January.  A new year.  And the first month, almost half over.  Goals. Priorities.  Maybe some resolutions too.  My role?  Where do I fit in? If at all.    First, I don't break resolutions these days.  I don't make them so setting up myself for failure in this task is avoided.  If you do participate, good luck.  Embrace it.  Live it. Be it. Ask yourself the importance of the "resolution".  Anyway, resolutions are not my "thing".  If you subscribe and are up to the task--well, again good for you.  Now my role in your resolutions is nill.  And as far as your goals or priorities it is to say the least limited.  Don't get me wrong. I can and will be supportive.  Advice maybe.   Suggestions perhaps.   But I think YOU are responsible for this.  N...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
      History Repeats Itself So history repeats itself.  We accept it as so at certain times.  On certain occassions.  And for many different reasons.  We can probably cite an example or two as well.  Even forgetfulness can be a part of this equation.  Other factors too.  It's definitely true in real life.  Obviously in real estate too. Repetitition. Repeating.  Repeating.  Repeating again.  Time and time again.  Over and over and then over.  One more time.  It is used for impact.  For emphasis.  And for emphasis. In the case of forgetfulness, it could be well err oh um, you know.  Is it effective?  Often we say it depends but is that true?  Of course, it depends.  Well, it's time to ponder some more.  Just because.   I mean if history can repeat itself.   Why not me?  And why not you? ...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In December of 2018, PFAR.org reported that an average list price for a home and a condo was $1,878,999 in December of 2018 jumped 47.7% or from $1,710,297 in December of 2017; While, median listing price for a home and a condo was $1,100,000 in December of 2018, gained 10.6% or from $995,000 December of 2017 in Pasadena, California.There were 523 active listing of homes and condos in December of 2018 rose 34.4% or 389 homes and condos from December of 2017; While there were 2.9 months available inventory of homes and condos in December of 2018, up 15.3% or 2.5 months of available inventory from December of 2017 in Pasadena, California.An average sales price for a home and a condo was $1,262,122 in December of 2018 higher 10.8% or from $1,138,960 in December of 2017; While, median sales...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Staying Aware  Staying Aware No, not "Staying Alive" and memories of the  Bee Gees, disco music and hair beyond belief plus more.  Not that.  But Staying Aware.  Driving your car for example.  Look beyond.  Look to the left.  And the right. Over there too.  Expect the unexpected.  Another car.  That pedestrian pushing the baby stroller approaching or in the crosswalk .  Staying aware.   Another example...in the grocery store aisle.  You know the guy standing...looking...analyzing... all his choices...decisions, decisions. He doesn't even see you and definitely doesn't notice you or anyone(or anything else);  Excuse me....deep in thought.  Not staying aware.  Now.  Think of your everyday life...people with who you interact...it goes beyond staying focused...but staying aware.  Co-workers...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
A New Normal     Ah. Normal.  Think about the word. The definition.  Now add "new" to it and the meaning can become downright frightening.  Yes, I pondered. Normal.  Regular.  Average.   Usual.  Typical.  Ordinary,  Routine.  Convential.  Unremarkable.  Commonplace.Conforming to a standard. Yikes!  Run-of-the-mill.  I'll stop now.  Maybe it's too late.  Gone too far.But there's a reason.  Choose your words carefully.  Cigarettes may be hazardous to your health.  Cigarettes ARE hazardouous to your health. Resolution.  Make them or not.  Follow them or forget them.  The word alone can make some people cringe.  If this is true for you: then I say don't say it. Don't do it.   Don't make them.  Don't follow them.  There's no chance to break what you don't make, right?  Maybe it's more than a...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Being There    I didn't think this day would come.  Maybe it has happened to you.The words flowed and it starts with "back in the day..."The title of this post is based on a recent thought.  "Being There' is a book(1970).   And it was also an Academy Award winning movie(1979).  The book was written by Jerzy Kozinski.  I read the book many years ago and ran across the movie years after it was first released.  Yes, pondering led me to thinking of "Being There" back in the day and being there/being here today.  Both the book and the concept of "being there" as "Being Here. Right Now".  Be Present.  Be Aware, Be Mindful.I know this is not unknown to many of us.The book was a quick read as I recall.  I watched the movie with much anticipation even though it was years after its release and ye...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In December of 2018, Realtor.com reported that a median list price for a home and a condo was $999,000 in November of 2018 unchanged from $999,000 in October of 2018, but higher 3.0% or from $968,000 in November of 2017 in Pasadena, California. While, median sales price for a home and a condo was $960,000 in November of 2018, jumped 6.0% from November of 2017 in Pasadena, California.The median listing price per square foot of a home and a condo was $576.00 in November of 2018 down from $579.00 in October of 2018, but gained 4.0% or from $554.00 in November of 2017 in Pasadena, California.  Homes and condos averaged 55.0 days in the market in November of 2018, decreased from 57.0 days in October of 2018, and lower from 57.0 days in November of 2017 in Pasadena, California.For complete mo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Did you know that, Pasadena is getting ready for the Rose Parade? Well they are, take my word for it.Then again, might as well see some of these photos, that I took on my way to Vroman's Book Store. Not to digress too much, but it has become a tradition of sorts, for us, since the day  after Christmas Vroman's has their biggest Christmas Card Sale. Generally all boxes of Holiday cards are 40% off. Hence I make the trek to buy as many of the cards I can for the following year.Diane is at work hence I have to send her pictures of the cards and she provides the input of "yes" or "no", just keep in mind, she is jealous that I am there and she can not be. I would prefer her to be there as well, since it would be easier....Now getting back to my point as you can see the barricades are being s...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
'Generally,I Believe Most People Are Kind    I ponder.Yeah, I ponder quite frequently. Recently, Patricia Feager, MBA, CRS, GRI,MRP wrote an ActiveRain post 'Etiquette and Comments on Social Media'.  I pondered her thoughtful post.  My mind wandered a bit too.  Pondering goes hand-in-hand with wandering I might add.  Toss in some wondering into this mixed salad.  Pondering and wandering and wondering.  I digress.  And that may have occurred while commenting on Patricia's post.  Admittedly, my comment on Patricia's post may have gone off-track too.  It happens.  But there is a point.  Really there is.  Earlier that day I read an editorial which spoke to me in much the same language as Patricia's words.  A quote came to mind:  "Be kind whenver possible.It's always possible." This quote(Da...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
I ponder.  Once again.  The Ultimate.    Should this be followed by a "period"?  An exclaimation point! Perhaps a question mark? Maybe no punctuation all.  The Ultimate   A gift.  A gift!  A gift?  Same word.  Different interpretations.  So yes, I ponder.  And I digress.  Because I can.  So can you.  Go ahead and ponder.  Or not.  Over yonder perhaps.   Pondered on December 24, 2018 and published on December 25, 2018  The Ultimate    
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In November of 2018, Realtor.com reported that a median list price for a home and a condo was $999,000 in October of 2018 gained from $998,000 in September of 2018, and higher 1.0% or from $989,990 in October of 2017 in Pasadena, California. While, median sales price for a home and a condo was $803,000 in October of 2018, declined 6.0% from October of 2017 in Pasadena, California.The median listing price per square foot of a home and a condo was $582.00 in October of 2018 down from $589.00 in September of 2018, but rose 3.0% or from $564.00 in October of 2017 in Pasadena, California.Homes and condos averaged 57.0 days in the market in October of 2018, decreased from 61.0 days in September of 2018, but increased from 51.0 days in October of 2017 in Pasadena, California.For complete more ...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In October of 2018, Realtor.com reported that a median list price for a home and a condo was $998,000 in August of 2018 declined from $1,025,000 in July of 2018, but higher 6.0% or from $942,000 in August of 2017 in Pasadena, California. While, median sales price for a home and a condo was $917,000 in August of 2018, jumped 14.0% from August of 2017 in Pasadena, California.The average price per square foot of a home and a condo was $596.00 in September of 2018 up from $591.00 in July of 2018, and rose 4.0% or from $552.00 in August of 2017, in Pasadena, California.Homes and condos averaged 55.0 days in the market in August of 2018, increased from 52.0 days in July of 2018, and gained from 45.0 days in August of 2017 in Pasadena, California.For complete more detailed information about la...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Inspiration comes in many forms, sometimes we see a sign, other times we see something, and it makes us wonder, and we think and smile.  The other day, I was at one of our favorite bookstores: Vroman’s in Pasadena. Yes, we did buy books, but what really caught my eye was this dish. I had to share.  I almost made it into a speechless post, but it brought back memories. As most of you know I am often very candid and not a person to stay in the gray area. I take a stand and most people appreciate my candor.I am equally candid with my buyers as well as sellers. Most people appreciate my straight forward approach, there are a few who would prefer for me to be more wishy washy. Never the less that is not my style. I am willing to give candid advice. Now if the buyers and sellers do not take i...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In January of 2018, California associations of Realtors (C.A.R) reported that a median list price of a home and a condo was $790,000 in Pasadena, California in December of 2017 declined from $803,750 in November of 2017, but increased from $744,375 in December of 2016. The average price per square foot of a home and a condo was $551.00 in December of 2017 higher from $531.00 in November of 2017, and rose from $498.00 in December of 2016 in Pasadena, California.Homes and condos averaged 24.8 days in the market in December of 2017, down from 32.0 days in November of 2017, and declined from 48.3 days in December of 2016. While, an average there were 2.2 months inventory of homes and condos available in the market in December of 2017, decreased from 2.7 months in November of 2017, and dropp...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In November of 2017, California associations of Realtors (C.A.R) reported that a median list price of a home and a condo was $842,125 in Pasadena, California in October of 2017 declined from $855,000 in September of 2017, but increased from $750,250 in October of 2016. The average price per square foot of a home and a condo was $546.00 in October of 2017 up from $544.00 in September of 2017, and rose from $494.00 in October of 2016 in Pasadena, California.Homes and condos averaged 30.5 days in the market in October of 2017, jumped from 25.0 days in September of 2017, but droppe from 42.5 days in October of 2016. While, an average there were 3.5 months inventory of homes and condos available in the market in October of 2017, higher from 2.7 months in September of 2017, and higher from 3....
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Hastings Ranch Condo For Lease385 Cliff Drive Unit 10 Two bedroomsTwo bathsApproximately 1190 square feetYear built:  1960 $2400 per monthMinimum one-year lease$4800 security deposit  Located in a smaller Pasadena garden-style condominium complex, 385 Cliff Drive Unit Ten is now available for lease.  This second level unit is located in the rear of the complex and has a wonderful view of the treetops and the San Gabriel Valley.   The eleven unit complex features mature landscaping.  With its treehouse-like perspective, Unit Ten has no common walls.   There are two bedrooms, two baths and an open floor plan.     There are two side-by-side covered parking spaces with overhead storage.  A refrigerator is included without warranty.   Laundry is common.   The Hastings Ranch neighbor...
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