Admin

Pasadena, CA Real Estate News

By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
  Teri Barton         01364182     ;     626.695.9179         teri@compassrealestateteam.com     121 W State Street Pasadena, CA 91105 http://www.121StateStreet.com   Offered At: $650,000 Great Value Has a granny suite Property Status: Active Date of Listing: 2/5/2010 Bedrooms: 3 Bathrooms: 1 Lot Size: 5767 Interior Size: 1227 sq. ft.    This charming home is much more than meets the eye, Walk past the fruit trees and front garden to a home that has had many upgrades and love. The main home has 3 bedrooms and 2 bath, wood floors throughout. Updated kitchen, copper plumbing and updated electrical. French doors bring you out to a lovely patio area with a terraced garden and spa. There is a granny suite with a fabulous new Bathroom and endless possibilities, great place for an office, stu...
Comments 2
By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
Pasadena Architectural Legacy Tour Feb 17th 1pm-3pm   Cost $30 per person    This tour highlights the history and wide Variety of architectural styles found in Pasadena, from the Victorian through the Modern era. Highlights include Pasadena's Civic Center, Old Pasadena, the historic Arroyo Terrace Neighborhood and its wonderful collection of Green and Green-designed residences and the Arroyo Seco, Pasadena's great natural wonder and Public Park with its landmark stadium. We will also visit other historic residential neighborhoods, some of which are on the National Register of Historic Places. There is limited seating so Register today for this event. Invite your friends, Fellow agents or clients that may want to learn more about the Rich architectural Gems that we have in our community!...
Comments 0
By Dawn Rickabaugh, Note Queen
(Dawn Rickabaugh (Note Queen) Owner Financing Consultant)
No wonder I love putting real estate transactions together without ever having to deal with a bank . . . Jeremy Brandt is the CEO of companies like 1800CashOffer, HomeFlux.com and FastHomeOffer.com . . . all companies that bring lots of distressed sellers, investors and short sale agents together. Check out this recording and transcript! Over the past several months he’s been receiving all kinds of questions and complaints from his short sale agents about trouble with second lien holders.  Read the full article, written by CNBC Real Estate Reporter, Diana Olick. Brandt has apparently documented at least 200 agents that have had trouble with Citi Mortgage, JP Morgan Chase, Bank of America and other large banks, and a friend of mine recently told me the same thing. She works tirelessly to...
Comments 2
By Dawn Rickabaugh, Note Queen
(Dawn Rickabaugh (Note Queen) Owner Financing Consultant)
A note in Alaska, consultation on seller carry backs in Wisconsin and Dallas . . . this is all fabulous, but I really enjoy the opportunity to network with local sellers and real estate professionals when I get the chance. There’s a real estate broker in Whittier that runs a traditional sales business who recently stumbled onto my website and we’ve been chatting ever since. Because he thinks outside the box, he’s going to be taking a listing that most agents wouldn’t be able to.  He has more ways to help his client meet his objectives, and can articulate them with confidence.  Here’s an email he sent his client recently: “I thought that I would send you a link to the listing around the corner.  They started off at $525k and now they are down to $509k.  It’s been a month+ and no offers....
Comments 4
By Ron Holborn, Commercial & SFR, Anaheim CA, Real Estate & Short
(Short Sales, Foreclosures, Rentals, Income Real Estate)
PASADENA CITY FLEA MARKET FIRST SUNDAY OF EVERY MONTH! - GREAT SALES & BARGAINS!        Held the first Sunday of every month at Pasadena City College is the Pasadena City Flea Market. A three story parking garage full of antiques, clothing and...let's just say EVERYTHING you could imagine. It's a great place to hang out with the family, search for collectables and grab a bite to eat. Lots of people bring their dogs to run around with them while they browse. If you collect records the whole top floor of the garage is full of vinyl records. You must check this out if you live in the area. Free admission - parking structure $2. Google Map directions.       The campus is just beautiful   Thai Chicken $2 - YUMMY     It's a swap meet setting, very casual and relaxed, with booths spread out al...
Comments 1
Real Estate Market Report West San Gabriel Valley                                      November, 2009 Pasadena, Altadena, South Pasadena, and San Marino Looking at the last few 12 months it appears that the area peaked in June and has been on a slow decline back to where we were in May. The Market Activity Index dropped 8 points, the a fairly significant decrease, returning the area to it's trendline.   Some other areas have spiked UP due to buyers taking advantage of the First Time Home Buyer Income Tax Credit, however this area has not. The good news for buyers is that the downward shift in the Market Activity Index is resulting in lower prices.   Market Index   - 0.43, down 8 points   The Market Index fell 8 points to 0.43, down from last month's 0.51.  Last year the index was 0.21. ...
Comments 0
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Frank Lloyd Wright (1867-1959) was an American architect, interior designer, writer and educator who designed more than 1,000 projects, which resulted in more than 500 completed works. Wright promoted organic architecture and was a leader of the Prairie School movement of architecture. He also developed the concept of the Usonian home, exemplified by the Millard House (also called La Miniatura) which is currently listed for sale in Pasadena, California. La Miniatura contains block patterns inspired by pre-Columbian motifs, and sand from the site was added to cement to create a building that is well-integrated with its natural surrounds. The home is listed on the National Register of Historic Places. It is 4,230 square feet and contains four bedrooms. The home is situated on nearly one ...
Comments 1
By Dawn Rickabaugh, Note Queen
(Dawn Rickabaugh (Note Queen) Owner Financing Consultant)
I’m not sure it’s really smart to post videos where I show up with morning face and bedhead, but I’ve never been one to have a keen sense of propriety. It’s just that this is one of my favorite rituals of the whole year . . . and the timing’s great.  I’m sure Santa will be good to me, but Mother Nature always beats him to it. Have any of you read Catherine Ponder?  It was kind of funny . . . I re-remembered her after talking to a real estate agent in Palm Springs that was trying to put a deal together for Ms. Ponder’s son. In 1983 she published a book entitled, “Open Your Mind to Receive.”  On page 2, she recounts: “A businesswoman was once despondent over financial conditions.  Her affairs continued to be out of order so she went to the beach and sat there all day and most of the night...
Comments 2
By Dawn Rickabaugh, Note Queen
(Dawn Rickabaugh (Note Queen) Owner Financing Consultant)
[Also included below as a random tangent and not related to business at all (except I did make it here to write this post): Bare to Bear - a True Tale of Grim Survival and Wobbly Knees] . . . A title holding (land) trust is a great way to hold title to property, and personally, I will never again hold title to any piece of property in my own name, or even in an LLC or Corporation. First, it'll go into a land trust, and my entity of choice (LLC vs. S Corp) will be the beneficiary. When the trustee is deeded the property, the trustee is said to hold bare legal title.  The trustee holds legal and equitable title, but does NOT have the power of direction . . . that resides only with the beneficiaries. The trustee does not have the ability to take any action with regards to the property or r...
Comments 0
By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
Fellow Active Rainers: You are invited                                                                                          When? Sunday Oct 25, 2009 from Noon-4pm Where? 3035 E Foothill Blvd. Pasadena, Ca. 91107 Why? To meet me and my wife. OK-To Network too ;-) The Pasadena Neighborhood Housing Services is having a  Charity Gospel Lunch on Sunday Oct 25, 2009 from Noon-4pm. There will be great people, music, and some great soul food. Join me and celebrate this great cause and great people. Give me a call and I can save you a spot at my table. I would love to meet some of my fellow Active Rainers in person! Cost is $17 per person. Click here to see: Mark's Home Site: If you know of clients who may need some help in the So California, feel free to send them to my site: www.SanGabrie...
Comments 0
By Paul Argueta
(REOheaven.com)
832 Manzanita Ave Pasadena CA 91103 2 beds, 1.0 baths, 983 sq ft just listed!! $274,000!!! http://tinyurl.com/mk92rb
Comments 0
By Paul Argueta
(REOheaven.com)
37 Yale St Pasadena CA 91103 4 beds, 3.0 baths, 1,968 sq ft now pending!!! $279,900!! http://tinyurl.com/ns5t49
Comments 0
By Paul Argueta
(REOheaven.com)
286 Redwood Dr Pasadena CA 91105 3 beds, 2.0 baths, 1,827 sq ft now pending!! $646,900!!! http://tinyurl.com/n8hm25
Comments 0
By Dawn Rickabaugh, Note Queen
(Dawn Rickabaugh (Note Queen) Owner Financing Consultant)
“We just don’t want our property any more . . . it’s too much stress.  We’re tired of being soaked by the bank, and we’re not going to send them another dime.” This frustrated woman and her husband bought a penthouse condo in Pasadena just above Cal Tech for $510,000 2-3 years ago.  It’s in a great location and has beautiful views of the San Gabriel mountains, but the mortgage payments are draining the life out of them. In fact, they’re in the process of getting a divorce. They bought because their broker promised them that it would be a good investment and definitely be worth over $600K in no time at all. Whoops . . . that crystal ball thing can be kinda tricky. In today’s market, it’s probably worth somewhere between $425K - $450K, and they owe about $470,000. The $408,000 first is a...
Comments 1
Real Estate Market Report West San Gabriel Valley           July, 2009 Pasadena, Altadena, South Pasadena, and San Marino    Market Index   - .0.46, down 3 points A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. Index is at 0.46 down from last months .49  Last year the index was 0.28. The first decline in five months.   New Listings - 203 new listings, up from last month's 177.  Last year there were 124.    Pending Listings - 123 listings opened escrow, compared to 112 last month, versus 124 last year.                                      Pending Ratio - 0.61, down from 0.63 last month, up from last year's 0.88 pending ratio.   Listing Inventory - 698 active listings, up from 616 last month.  Last year we h...
Comments 0
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 22Average Listing Price: $ 598,231Listings Under Contract: 10Average Listing Price: $ 470,980 Listings Sold: 10Average Selling Price: $ 380,920 %Difence Between Listing Price versus Selling Price: 97.24 %%Sales Price Versus Old Listing Price: 87.88 %Average Days on The Market: 70 http://www.stoppayingrentinla.com Alberto Pacheco, Granada Hills Homes For Sale, Remax Olson, Fha
Comments 0
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 20Average Listing Price: $ 513,685Listings Under Contract: 7Average Listing Price: $ 353,505Listings Sold: 15Average Selling Price: $ 423,066 %Difence Between Listing Price versus Selling Price: 99.60 %%Sales Price Versus Old Listing Price: 96.23 %Average Days on The Market: 34 http://www.sfvalleyhotproperties.com Alberto Pacheco, Granada Hills Homes For Sale, Remax Olson, Fha
Comments 0
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
New Listings: 20Average Listing Price: $ 496,094Listings Under Contract: 11Average Listing Price: $ 373,881Listings Sold: 9Average Selling Price: $ 321,377 %Difence Between Listing Price versus Selling Price: 100.98 %%Sales Price Versus Old Listing Price: 90.23 %Average Days on The Market: 85 http://www.losangelescountyrealestate.blogspot.com Alberto Pacheco, Granada Hills Homes For Sale, Remax Olson, Fha
Comments 1
By Jared Tafua
(Prudential California Realty)
Check out this video, I'd been showing a client these great Lofts for Auction and thought you would like to check it out. So I put it the model homes on YouTube. Give me a call if you'd like to see them in person. Jared Tafua Prudential California Realty Direct Line 626 408-2382 or 714 501-8514 Be sure to visit my YouTube page. http://www.youtube.com/jaredtafua Thanks, Jared
Comments 0
Real Estate Market Report West San Gabriel Valley           June, 2009 Pasadena, Altadena, South Pasadena, and San Marino    Market Index   - .0.49, up 4 points A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. This is the 4th consecutive monthly increase.  Last year the index was 0.28.   New Listings - 177 new listings, down from last month's 204.  Last year there were 234.    Pending Listings - 112 listings opened escrow, compared to 151 last month, versus 107 last year.                                                              Pending Ratio - 0.63, down from 0.74 last month, up from last year's 0.46 pending ratio.   Listing Inventory - 616 active listings, down from 694 last month.  Last year we had 88...
Comments 0