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Pasadena Mortgage Rates Update: Great Opportunities for Home Buyers and Owners waiting to Refinance NOW is the TIME!

Pasadena Mortgage Rates Update: Great Opportunities for Home Buyers and Owners waiting to Refinance NOW is the TIME!

 

Mortgage Rate - Special Announcement

I just got off the phone with my personal mortgage consultant – Mondie Pic’l at Wells Fargo.  Today, Pasadena mortgage rates have hit the lowest that we’d seen in quite some time.  I have asked her to lock the mortgage rate for me and will be refinancing my home.

The opportunities are tremendous TODAY to refinance your existing loan or to lock in a mortgage rate on your Pasadena home purchase.  We’re seeing rates as low as 5.75% with NO points for a 30 year fixed loan.

If you’d like to reach Mondie to discuss your mortgage options, please call her at 909-912-1847.

Don’t miss this one!

Looking for more information about Pasadena California – see Pasadena City Guide.

 

Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.


Thinking of selling your Pasadena area home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.

Posted on November 25th, 2008
Posted by: Irina Netchaev

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San Marino Real Estate Market Statistics for October 2008

San Marino Real Estate Market Statistics for October 2008

San Marino California’s real estate inventory remains pretty stable for October. The number of new homes listed for sale remains at 12 with no change from August and the overall number of available homes is still in the low 30s.

On average, it is taking a little over a month to market and sell a home in San Marino and the homes are still selling in the mid $1 million dollar range.

San Marino homes that sold in October sold on average OVER their asking price at 102.43%. The average home sold was 2,868 sq. ft. and had 4 bedrooms and 3 baths.

Read the full article with detailed statistics for San Marino real estate by clicking here – San Marino real estate market housing report and statistics for 2008

 

In the meantime, here’s a live feed of all San Marino homes for sale in California for your review:

 

 

For additional information on San Marino housing and real estate market conditions or a confidential consultation to see how your San Marino home is fairing in the market, please call Irina at 626-627-7107.

 

Posted on November 23rd, 2008
Posted by: Irina Netchaev

1 Comment »

Pasadena Property, Real Estate Market Update and Housing Report – October 2008

Pasadena Property, Real Estate Market Update and Housing Report – October 2008

Pasadena’s real estate inventory of homes has decreased in October to 127 units overall – inclusive of single family residences, condos and townhomes.  It is not surprising as folks are getting ready for the holiday season and in the natural annual cycle of real estate, we expect to see less inventory to choose from.  The sales have closed strongly in October at 117 units.  Next month, we will see a marked decrease in this number as evidenced by the decline in the Pasadena home buyers going into escrow in October.

This month, I was able to catpure the median Pasadena home sales price and will be adding that information to all future reports.  Median home sales prices provide a more accurate picture since the median signifies that 50% of Pasadena homes sold for more and 50% of these homes sold for less.  Hope that you will find it useful.

Market Action Indicator for Pasadena’s real estate is currently in the buyer’s zone though not strongly so.  The 90-day Market Action Index stands this week at 22 so buyers should expect find reasonable levels of selection.  Inventory levels have been relatively consistent relative to sales.  Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher.  Given inventory levels, these price conditions are relatively fragile.  If the market cools off further, the price trend is likely to reverse.

 

Pasadena Real Estate Market Action Index October 2008

The highest sold home in Pasadena for October was at 485 South Grand Avenue, a 4 bedroom/4 bath luxury estate with 6,000 sq. ft. on a 24,345 sq. ft. lot which sold for $4,300,000 at 95.56% of its asking price.

The lowest sold home in Pasadena for October was 476 East Mountain Street, a 1 bedroom and 1 bath with 624 sq. ft of a 2,580 sq. ft. lot whcihc sold for $233,000.  This home sold over its original asking price of $226,900.

Overall, October’s single family residences sold at 95.20% of their asking price.

 

Housing Market Statistics for Pasadena California for August 2008 through October 2008:

Single
Family Residence
Aug-08 Sep-08 Oct-08
New
Listings
80 78 72
Total
Listings
325 341 303
Sales
Pending
43 95 61
Homes Sold 69 59 71
Listings
Expired
36 59 54
Average Days
on the Market
133 115 141
Average
Price Per Sq. Ft.
$407 $396 $411
Average
Selling Price
$923,986 $751,228 $811,092
Median
Selling Price
$657,000 $655,000 $620,000
Absorption
Rate (# of weeks to sell
current inventory at present rate of sales)
20.4 25.0 18.5
Condos Aug-08 Sep-08 Oct-08
New
Listings
31 46 43
Total
Listings
136 156 165
Sales
Pending
9 38 26
Homes Sold 27 21 31
Listings
Expired
22 35 16
Average Days
on the Market
115 121 135
Average
Price Per Sq. Ft.
$397 $445 $401
Average
Selling Price
$515,896 $459,540 $442,758
Median
Selling Price
$399,500 $350,000 $415,000
Absorption
Rate (# of weeks to sell
current inventory at present rate of sales)
21.8 32.2 23.1
Townhomes Aug-08 Sep-08 Oct-08
New
Listings
11 16 12
Total
Listings
57 69 68
Sales
Pending
6 18 3
Homes Sold 13 15 15
Listings
Expired
4 12 10
Average Days
on the Market
111 130 72
Average
Price Per Sq. Ft.
$385 $358 $347
 Average
Selling Price
 $
597,477
 $
512,933
 $
544,820
Median
Selling Price
 $
539,000
 $
500,000
 $
519,900
Absorption
Rate (# of weeks to sell
current inventory at present rate of sales)
19.0 19.9 19.6

Data compiled from ITEC (Pasadena Foothill Association Multiple Listing Service).

SEARCH
PASADENA CA HOMES FOR SALE (Single Family Residences – SFR)

SEARCH
PASADENA CONDOS AND TOWNHOMES FOR SALE

 

Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.


Thinking of selling your Pasadena area home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.

 

»crosslinked«

Posted on November 23rd, 2008
Posted by: Irina Netchaev

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Leslie Appleton-Young, Chief Economist for C.A.R. (Realtor Association) speaks to Pasadena Realtors

Leslie Appleton-Young, Chief Economist for C.A.R. (Realtor Association) speaks to Pasadena Realtors

This week, I was privileged to attend a presentation by Leslie Appleton-Young.  Leslie is the Vice President of California Association of Realtors and their Chief Economist.

I have never heard Leslie speak before and was surprised with her vibrant personality and down to earth style.  it’s always hard to deliver bad news to a room full of Pasadena realtors, but she did with style and ease.

It turns out that Leslie is a resident of Pasadena and has been living in our community for the last year and a half.  Pretty exciting for me since I’m hoping that I’ll run into her one day at Pete’s and will have an opportunity to pick her brain a bit.  -D

I will be writing a post over the next few days to share my thoughts on real estate market expectations for 2009 in Pasadena, but in the meantime, here’s what Leslie shared with the real estate community.

Personal Consumption:

American consumers have been spending more and saving less.  For the first time since 1992, personal consumption dropped.  Simply, this means that people buy less which causes employers to cut back jobs.

California is losing more jobs on average – California’s unemployment rate in August 2008 was 7.7% while United States as a whole was 6.1% in September 2008.

California Housing Permits:

New Housing Permits are down by 45.1% year to date in California – under 50,000 units compared to over 100,000 in 2007.  Builders are waiting for the existing inventory to be absorbed.

National Economy Outlook through 2009:

READ ENTIRE ARTICLE BY CLICKING HERE – ORIGINAL POST ON THE STATE OF PASADENA CALIFORNIA HOUSING MARKET

Posted on November 21st, 2008
Posted by: Irina Netchaev

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Pasadena Real Estate Mortgage Rates Update- November 19, 2008

Pasadena Real Estate Mortgage Rates Update- November 19, 2008

by Brian Brady

The economy is really sick:

Today’s CPI report signals deflation, or a prolonged price slide, may become another hazard facing Federal Reserve Chairman Ben S. Bernanke and President-elect Barack Obama. Deflation could worsen the economic downturn by making debts harder to pay off and countering the impact of Fed interest-rate cuts.

”The economy’s really just in horrific shape,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities in New York. Fed officials will ”take rates as low as they have to” to avoid ”a deflation-type scenario, which now all of a sudden is very possible.”

LaVorgna predicts the Fed will cut its main rate to 0.5 percent from its current 1 percent when it meets on Dec. 16.

Fed Vice Chairman Donald Kohn said today that while the risk of deflation is ”still small,” policy makers must be ”aggressive” in fighting the danger. The economy ”is declining right now” and will record a couple of quarters of contraction, he said in answering questions after a speech in Washington.

Fed policy makers last month forecast the U.S. economy will contract through the middle of 2009, with some officials prepared to cut interest rates further in response, according to a record of the group’s meeting.

If the Fed’s thinking of cutting rates further, why aren’t mortgage rates going down?  I think it’s because the Fed has done all it can do.  Future rate cuts are like that eighth scotch.  Drinking that eighth scotch isn’t going to make you feel any better than the seven prior.  It just might make you feel worse.

I advised folks, right after the election, to lock loans with rates under 6% if they were closing within 30 days.  Today, I’m suggesting that you lock any loan that is closing this year.  Today, a 45-day lock for a 6.0% rate would costs 1.25%.  While you may see rates drop below 6% , in the next 45 days, the risk of them moving higher is greater.

Take 6% and run.

Posted on November 19th, 2008
Posted by: Irina Netchaev

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Altadena Real Estate Market Report and Housing Update – October 2008

Altadena Real Estate Market Report and Housing Update – October 2008

Altadena real estate is still seeing an increase in home listings.  Inventory is increasing, prices are going down and sales will be decreasing in the next couple of months.  Take a look at the number of Altadena homes with accepted offers (sales pending) and you will see a significant decrease from 37 in June to 22 in October. 

Starting with October 2008, I will be able to include the Median Sales Price which will help us in tracking the real estate market a bit more effectively.

In the meantime, Altadena is still in a very strong buyer’s market.

Condos and townhomes in Altadena are still almost nowhere to be found, but for the persistent few who want to buy an Altadena condo there are a couple available for sale.

If you are looking for Altadena foreclosures, here’s a list of all Altadena homes that are bank owned and foreclosed.

Altadena Real Estate Market Statistics for October 2008 with comparison to June and September:

Single Family Residence Jun-08 Sep-08 Oct-08
New Listings 36 30 37
Total Listings 137 108 121
Sales Pending 37 33 22
Homes Sold  31 30 30
Listings Expired 13 21 11
Average Days on the Market  116 139 129
Average Price Per Sq. Ft. $378 $360 $321
Average Median Price     $460,000
Average Selling Price $745,097 $553,587 $528,987
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 19.2 15.6 17.5
       
Condos and Townhomes Jun-08 Sep-08 Oct-08
New Listings 1 0 2
Total Listings 4 0 2
Sales Pending 0 0 1
Homes Sold  1 0 0
Listings Expired 1 1 1
Average Days on the Market  12 n/a n/a
Average Price Per Sq. Ft. $431 n/a n/a
Average Median Price   n/a n/a
Average Selling Price $535,000 n/a n/a

 Real estate data based on information from ITEC (Pasadena Foothills Association MLS service)

SEARCH HOMES FOR SALE IN ALTADENA (Single Family Residences)

SEARCH ALTADENA CONDOS AND TOWNHOMES FOR SALE

Real estate market activity with real time updated data can be found on Pasadena California Real Estate Blog’s How is the Real estate Market tab.  These real estate housing reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

Posted by Irina Netchaev, Real Estate Agent.

Posted on November 17th, 2008
Posted by: Irina Netchaev

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San Marino Real Estate Dusty Deals – November 2008

San Marino Real Estate Dusty Deals – November 2008

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in Pasadena including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers. Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn’t sell.

My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

For a complete list of dusty deals for Novemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for November 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in San Marino California that have been on the market for over 100 days:

Address BR BA Price Price/Sq.Ft. MLS # DOM
1915 Sycamore DR San Marino, CA 91108 3 2 1,198,000 531.26 488075423 530
2734 Monterey Rd San Marino, CA 91108 4 3 1,248,800 544.38 22106513 642
2103 Roanoke RD San Marino, CA 91108 4 4 1,438,000 559.75 488073866 360
1635 Rubio Dr San Marino, CA 91108 4 3 1,650,000 613.61 12111337 96
2890 Wallingford RD San Marino, CA 91108 4 4 2,138,000 577.84 408071366 751
1385 Old Mill Rd San Marino, CA 91108 8 7 8,900,000 1,093.10 22109072 140

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

READ MORE:

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in San Marino California? We are happy to give you all the information that might help you with your home purchase.  Please call us at   626-204-3340   or email Irina at Irina@Irina4RealEstate.com.

Posted on November 12th, 2008
Posted by: Irina Netchaev

No Comments »

South Pasadena Real Estate Dusty Deals – November 2008

South Pasadena Real Estate Dusty Deals – November 2008

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in Pasadena including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers. Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn’t sell.

My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

For a complete list of dusty deals for Novemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for November 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in South Pasadena California that have been on the market for over 100 days:

Address BR BA Price Price/Sq.Ft. MLS # DOM
501 Fremont Ln South Pasadena, CA 91030 2 1 649,000 694.86 22110960 103
1520 Oneonta Knl South Pasadena, CA 91030 2 2 785,000 476.62 22105999 25
1836 Peterson Ave South Pasadena, CA 91030 3 2 799,000 360.56 22106514 194
1238 Kolle Ave South Pasadena, CA 91030 4 3 829,000 454.5 22109269 134
612 Indiana Ter South Pasadena, CA 91030 3 2 829,000 534.84 22110679 108
297 Camino Del Sol South Pasadena, CA 91030 3 2 948,800 523.04 22108186 159
1412 Maple St South Pasadena, CA 91030 3 2 978,800 602.71 22109164 134
206 Warwick Ave South Pasadena, CA 91030-3519 3 2 1,000,000 433.28 12087461 198
1701 Hanscom Dr South Pasadena, CA 91030 4 3 1,198,000 526.83 22108970 142
419 Camino Verde South Pasadena, CA 91030 5 3 1,298,000 386.08 22106641 180
359 Alta Vista Ave South Pasadena, CA 91030 5 4 1,778,000 447.75 22110831 98

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in South Pasadena California? We are happy to give you all the information that might help you with your home purchase.  Please call us at  626-204-3340  or email Irina at Irina@Irina4RealEstate.com.

Posted on November 12th, 2008
Posted by: Irina Netchaev

No Comments »

Pasadena Real Estate Dusty Deals – November 2008

Pasadena Real Estate Dusty Deals – November 2008

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in Pasadena including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers. Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn’t sell.

My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

For a complete list of dusty deals for Novemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for November 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in Pasadena California that have been on the market for over 100 days:

 

Address BR BA Price Price/Sq.Ft. MLS # DOM
790 Wright AV Pasadena, CA 91104 1 1 230,000 392.49 418008992 238
560 W Washington Blvd Pasadena, CA 91103 3 1 239,000 199.17 22105636 209
566 W Washington Blvd Pasadena, CA 91103 2 1 239,000 258.66 22105644 209
486 Anderson PL Pasadena, CA 91103 2 1 244,900 320.55 408074687 341
856 Mountain Pl Pasadena, CA 91104-4414 1 1 255,000 486.64 22108513 283
1404 N Summit Ave Pasadena, CA 91103-2247 2 1 279,999 357.14 22104502 232
554 W Washington Blvd Pasadena, CA 91103 2 1 289,000 359.45 22106408 190
1181 Lincoln Ave Pasadena, CA 91103 2 1 290,000 290 12108880 194
1384 Sunset Ave Pasadena, CA 91103-2145 2 1 299,000 366.42 22105041 375
1459 N El Molino Ave Pasadena, CA 91104 2 1 320,000 330.58 22110989 175
110 E Claremont ST Pasadena, CA 91103 3 1 329,900 422.95 418029680 196
515 Cypress Ave Pasadena, CA 91103 2 1 339,000 477.46 12110512 243
720 Manzanita AV Pasadena, CA 91103 2 1 345,000 304.23 488064483 170
102 E Mountain ST Pasadena, CA 91103 4 3 378,000 232.04 418062910 133
240 Wyoming ST Pasadena, CA 91103 5 2 379,900 265.66 418074214 205
788 E Ladera St Pasadena, CA 91104-2355 3 1 399,000 342.78 22104224 239
255 Santa Paula Ave Pasadena, CA 91107 2 1 399,000 554.17 22109750 287
464 Macdonald St Pasadena, CA 91103-2050 2 1 399,000 385.14 12111222 136
1505 Locust ST Pasadena, CA 91106 3 1 399,900 356.42 438063285 133
1146 Armada Dr Pasadena, CA 91103 1 1 400,000 420.17 22109199 198
546 W Washington BL Pasadena, CA 91103 3 2 410,900 320.27 418050626 156
1874 Mentone AV Pasadena, CA 91103 2 1 416,999 394.89 407142108 344
1280 S La Pintoresca DR Pasadena, CA 91103 3 2 420,000 312.5 448086976 104
428 Del Rey AV Pasadena, CA 91107 2 1 430,000 501.17 418036434 239
601 W Montana St Pasadena, CA 91103 3 2 449,000 312.46 22110518 111
391 E Montana St Pasadena, CA 91104 3 2 449,900 353.7 22110763 216
1030 N Mentor Ave Pasadena, CA 91104 4 2 469,000 421.01 22110704 107
3718 Arboleda St Pasadena, CA 91107 2 1 470,000 385.56 22109947 119
65 N San Marino Ave Pasadena, CA 91107 2 1 475,000 519.13 22110400 114
354 Glenullen Dr Pasadena, CA 91105-2100 2 1 478,000 516.76 22108838 145
147 S Daisy Ave Pasadena, CA 91107 2 1 479,000 409.05 12110156 120
1205 Forest Ave Pasadena, CA 91103-2423 2 1 495,000 435.36 22101661 121
1795 Navarro Ave Pasadena, CA 91103 3 2 495,000   12105617 562
1024 N Garfield Ave Pasadena, CA 91104 3 2 499,000 605.58 22109859 126
101 W Howard ST Pasadena, CA 91103 1 1 499,900 746.12 417136762 365
314 Barthe Dr Pasadena, CA 91103 6 3 500,000 184.09 22107183 174
1709 Navarro Ave Pasadena, CA 91103 3 2 502,000 285.23 22109056 176
191 S Meridith Ave Pasadena, CA 91106 4 2 509,000 356.44 22109373 317
1657 Navarro Ave Pasadena, CA 91103-1543 3 1 519,000 579.24 22091478 492
110 Backus Ave Pasadena, CA 91107 2 1 525,000 549.16 12110743 106
1610 Kenilworth AV Pasadena, CA 91103 3 2 529,000 258.55 408073902 356
670 E Howard ST Pasadena, CA 91104 3 3 529,900 288.93 408054283 129
327 Avenue 64 Pasadena, CA 91105 2 1 530,000 408.64 418062704 134
2044 Beverly DR Pasadena, CA 91104 2 1 549,900 483.22 418092261 443
1751 Navarro Pasadena, CA 91103 3 2 550,000 350.77 610960643 242
948 N Hudson Ave Pasadena, CA 91104 3 2 550,000 474.14 22109003 140
925 Worcester Ave Pasadena, CA 91104 4 2 550,000 282.34 22110527 261
1966 N Lundy AV Pasadena, CA 91104 4 2 555,000 280.3 418076622 112
375 Barthe DR Pasadena, CA 91103 4 2 559,900 526.22 417168458 291
565 Palisade St Pasadena, CA 91103-2057 3 3 560,000 407.57 22108829 300
51 N Roosevelt AV Pasadena, CA 91107 2 2 575,000 465.96 408020499 306
3215 Mataro ST Pasadena, CA 91107 3 1 575,000 570.44 438036259 183
363 Montana St Pasadena, CA 91104 3 2 579,000 293.76 22107722 169
415 Avenue 64 Pasadena, CA 91105 2 1 580,000 522.05 448018683 240
542 E Elizabeth St Pasadena, CA 91104 3 2 589,000 440.21 12105546 210
832 Chapman Ave Pasadena, CA 91103 3 1 589,900 386.06 22107787 168
1385 N Hill Ave Pasadena, CA 91104 5 3 598,500 275.05 12108551 281
990 S Marengo Ave Pasadena, CA 91106-4255 2 1 599,000 665.56 22101294 318
780 N Allen AV Pasadena, CA 91104 4 3 599,000   408032133 306
1735 N Madison Ave Pasadena, CA 91104 3 2 599,000 442.72 22107750 169
262 S Allen AV Pasadena, CA 91106 3 1 625,000 459.56 418044500 168
1750 Casitas Pasadena, CA 91103 3 2 625,000 367.65 22108959 141
2227 E Villa St Pasadena, CA 91107 3 2 625,000 370.04 22110081 121
1575 N El Molino Ave Pasadena, CA 91104 3 1 640,000 666.67 22109088 140
1786 Asbury Dr Pasadena, CA 91104-3116 3 2 649,000 587.33 12102461 365
360 Glenullen Dr Pasadena, CA 91105-2100 2 2 649,000 476.86 22104045 392
2056 Rose Villa St Pasadena, CA 91107 2 1 649,000 467.58 22107799 335
250 Alpine St Pasadena, CA 91106-3602 2 1 649,000 488.7 22108681 327
1368 N Raymond AV Pasadena, CA 91103 4 2 649,900 392.45 418056223 148
1658 N Allen Ave Pasadena, CA 91104 4 2 650,000 373.78 22109182 138
3572 E Green ST Pasadena, CA 91107 4 2 659,000   487170348 509
455 Cliff Dr Pasadena, CA 91107 3 2 665,999 433.03 22108440 154
2418 Loma Vista St Pasadena, CA 91104-3403 3 2 675,000 422.4 22105012 139
1299 Eastlyn Pl Pasadena, CA 91104 3 2 679,000 369.02 22110902 103
310 Elmwood Dr Pasadena, CA 91105-1327 3 2 680,000 382.88 22115632 201
1167 Palm Ter Pasadena, CA 91104 3 2 685,000 358.26 22109357 130
1175 N Los Robles Ave Pasadena, CA 91104 4 4 699,000 249.11 22107211 165
1253 N Marengo Ave Pasadena, CA 91103 3 3 699,000 277.38 22110171 128
1799 Kenneth Way Pasadena, CA 91103 5 5 699,000 353.39 22109093 111
1853 N Summit AV Pasadena, CA 91103 5 2 700,000 286.3 418037306 212
3933 Mohawk St Pasadena, CA 91107-3910 4 2 711,000 359.82 22104536 1072
995 Brentnal Rd Pasadena, CA 91105 3 3 728,000 390.56 22109283 135
735 Rim Rd Pasadena, CA 91107 3 2 739,000 553.56 22106839 62
245 E Howard St Pasadena, CA 91104-2122 3 2 740,000 390.3 12099772 348
745 E Rio Grande St Pasadena, CA 91104 3 3 749,000 483.23 22110067 121
445 Cliff Dr Pasadena, CA 91107 3 2 749,000 392.97 22110432 114
1255 Valley View AV Pasadena, CA 91107 3 2 753,000 463.67 408069822 334
1241 E Villa St Pasadena, CA 91106-1138 3 2 759,000 409.16 22103991 457
1830 N Altadena Dr Pasadena, CA 91107 3 3 759,000 281.11 22106210 177
1071 Avoca Ave Pasadena, CA 91105-3402 4 3 759,000 345 22104741 110
2935 Hermanos St Pasadena, CA 91107 3 2 764,000 399.79 22106503 180
3779 Mayfair Dr Pasadena, CA 91107-2215 3 3 779,000 427.79 22103944 185
1893 Kaweah Dr Pasadena, CA 91105 3 2 795,000 550.94 22106959 185
738 N Holliston Ave Pasadena, CA 91104 3 0 795,000 466.55 22111088 99
1165 N Hill Ave Pasadena, CA 91104-3049 3 2 799,000 350.44 22099883 345
90 N Parkwood Ave Pasadena, CA 91107 4 3 799,000 367.02 22110488 106
2735 Morningside St Pasadena, CA 91107 4 4 810,000 366.85 22106606 191
1407 Kinneloa Mesa Rd Pasadena, CA 91107 3 2 850,000 485.99 22110346 102
184 Avenue 64 Pasadena, CA 91105-1302 3 4 875,000 381.26 22103389 356
1865 N Arroyo Blvd Pasadena, CA 91103 5 5 899,000 208.97 22109200 441
1745 La Cresta Dr Pasadena, CA 91103-1262 3 3 938,000 419.12 22101199 321
1745 La Cresta DR Pasadena, CA 91103 3 3 938,000 419.12 407155985 321
2620 Deodar CR Pasadena, CA 91107 3 2 939,000 427.4 488057405 177
299 Patrician Way Pasadena, CA 91105 3 2 949,000 478.09 22108767 524
450 Allendale Rd Pasadena, CA 91106 4 3 950,000 436.78 12110337 374
317 WOODCLIFFE Rd Pasadena, CA 91105 2 2 985,000 602.82 22110324 112
468 Sycamore G Pasadena, CA 91105 4 4 990,000 308.6 22110699 382
812 N Mar Vista AV Pasadena, CA 91104 5 4 998,000 415.49 408045433 166
80 N Euclid Ave #602-3 Pasadena, CA 91101-1702 2 2 1,100,000 694.01 22101794 965
745 Linda Vista Ave Pasadena, CA 91103 3 2 1,150,000 668.22 22109436 133
370 S Craig AV Pasadena, CA 91107 3 4 1,190,000 426.37 408070345 127
1415 S Marengo Ave Pasadena, CA 91106 4 3 1,199,000 381.6 22110476 282
3285 New York Dr Pasadena, CA 91107 4 3 1,275,000 321.4 12111846 85
425 S Berkeley Ave Pasadena, CA 91107 4 3 1,295,000 523.02 22109713 107
401 Scott Pl Pasadena, CA 91103 4 4 1,345,000 542.34 22107142 174
1759 Loma Vista Street Pasadena, CA 91104 5 4 1,399,000 406.69 620958856 288
57 N Wilson ST Pasadena, CA 91106 3 2 1,400,000   408046152 182
684 S Oak Knoll Ave Pasadena, CA 91106-3808 4 4 1,520,000 375.87 22100335 338
3240 Fairpoint St Pasadena, CA 91107 4 3 1,529,000 384.94 22110003 105
465 Linda Vista Ave Pasadena, CA 91105-1119 4 4 1,549,000 455.59 22099567 489
2350 E Orange Grove Blvd Pasadena, CA 91104-4913 4 4 1,600,000 325.27 22109275 430
617 Arbor St Pasadena, CA 91105-1501 4 4 2,095,000 590.14 22109584 451
96 Club Rd Pasadena, CA 91105-1410 5 5 2,259,000 523.89 12101490 295
200 N Grand Pasadena, CA 91103 6 6 2,495,000 445.54 22108963 142
90 Patrician Way Pasadena, CA 91105-1022 4 5 2,500,000 570.13 22099864 345
945 Kewen Dr Pasadena, CA 91108 5 5 2,695,000 592.31 22107115 182
2327 Kinclair Dr Pasadena, CA 91107-1000 5 5 2,699,000 523.77 22097696 374
502 Laguna Rd Pasadena, CA 91105 4 6 3,590,000 818.14 22108310 155
344 Bellefontaine St Pasadena, CA 91105 7 7 3,795,000 524.9 22108714 148
265 Bellefontaine St Pasadena, CA 91105-2946 10 9 4,795,000 411.16 22086029 931
1645 Orlando RD Pasadena, CA 91106 7 8 4,999,899 624.99 438022270 1271
1613 Vista Ln Pasadena, CA 91103-1942 5 5 9,500,000 2,089.29 22105103 219
1500 Lombardy Rd Pasadena, CA 91106 5 7 9,500,000 1,069.10 22107713 166
2 Oak Knoll Ter Pasadena, CA 91106-4534 9 9 19,000,000 542.86 22094952 707

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in Pasadena California? We are happy to give you all the information that might help you with your home purchase.  Please call us at   626-204-3340  or email Irina at Irina@Irina4RealEstate.com.

Posted on November 12th, 2008
Posted by: Irina Netchaev

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Looking for Short Sales in Pasadena’s Real Estate Market?

Looking for Short Sales in Pasadena’s Real Estate Market?

Over the last few months, Pasadena home buyers have been learning about short sales.  A short sale simply means that a bank is willing to accept less money than what the owner owes on his or her home because the property can not sell at a price high enough to cover the mortgage and selling expenses fully.  In essence, an owner is “upside down” on their property.

Short sales create an opportunity for Pasadena home buyers to get a potential deal on the home of their dreams.  Short sales are not the easiest sales to pull together and it takes a real estate agent with experience, excellent negotiating skills, and perseverance to work with the banks.  I say banks, because in most cases, there are several banks involved in the transaction since the home sellers usually have more than one loan on their property.

Short sales also take a lot of patience on the buyer’s side.  They have a tendency to drag on, sometimes for months.  But, having said that, we can not ignore the fact that they present potential opportunities.

Here’s a list of short sales in Pasadena and surrounding cities for your review.  Feel free to call me at    626-627-7107    or email me at Irina@Irina4RealEstate.com for more information or to set up an appointment for a private showing.

Address BR BA  Price   $/Sq.Ft  HOA MLS# City
336 N 4th St #1 Alhambra, CA 91801 3 3 $330,000 $277 $150 22108140 Alhambra
28 W Altadena Dr Altadena, CA 91001 2 1 $300,000 $323 $0 22113031 Altadena
2683 Windsor Ave Altadena, CA 91001 3 2 $335,000 $204 $0 22116694 Altadena
503 Crosby St Altadena, CA 91001-5428 3 1 $349,000 $281 $0 22115446 Altadena
180 W Harriet St Altadena, CA 91001 2 2 $399,000 $247 $0 22114545 Altadena
871 Ventura St Altadena, CA 91001 3 2 $400,000 $276 $0 22108522 Altadena
819 W Mariposa St Altadena, CA 91001 4 3 $449,000 $242 $0 12108449 Altadena
54 E Altadena Dr Altadena, CA 91001 3 2 $475,000 $310 $0 22114509 Altadena
2868 Marengo Ave Altadena, CA 91001 3 2 $498,000 $364 $0 12114046 Altadena
2121 Garfield Ave Altadena, CA 91001-2968 3 2 $505,000 $355 $0 22116123 Altadena
837 Alameda St Altadena, CA 91001 4 2 $514,000 $363 $0 12112186 Altadena
1762 La Paz Rd Altadena, CA 91001 3 1 $549,000 $366 $0 22116184 Altadena
728 E Colman St Altadena, CA 91001 4 4 $615,000 $250 $0 22105561 Altadena
2567 N Altadena Dr Altadena, CA 91001 3 2 $699,000 $347 $0 22115844 Altadena
2980 Santa Anita Ave Altadena, CA 91001 4 3 $699,999 $231 $0 22110744 Altadena
5112 MARSHBURN AL Arcadia, CA 91006-5964 3 2 $499,000 $379 $0 12116087 Arcadia
1706 Grismer Ave #212 Burbank, CA 91504 2 3 $249,942 $271 $220 12112768 Burbank
2444 N Myers St Burbank, CA 91504 2 1 $330,000 $395 $0 12116827 Burbank
700 S 5th St #B Burbank, CA 91501 2 2 $340,000 $304 $153 12116885 Burbank
565 E San Jose Ave #304 Burbank, CA 91501 2 3 $419,000 $330 $278 12112980 Burbank
1937 N Rose St Burbank, CA 91505 2 1 $425,000 $300 $0 12110014 Burbank
1210 N Fairview St Burbank, CA 91505 2 2 $450,000 $306 $0 12112775 Burbank
2036 N Valley St Burbank, CA 91505 3 2 $460,000 $323 $0 12108947 Burbank
927 W orange grove Ave Burbank, CA 91506 4 3 $499,000 $266 $0 12115984 Burbank
465 San Jose Ave #201 Burbank, CA 91501 3 2 $529,000 $317 $0 12111894 Burbank
465 E MAGNOLIA Blvd #105 Burbank, CA 91501 3 2 $545,000 $323 $244 12116131 Burbank
639 E Olive Ave #6 Burbank, CA 91501 3 3 $549,000 $375 $170 12108806 Burbank
2906 N Frederic St Burbank, CA 91504 3 2 $565,000 $402 $0 12115044 Burbank
3411 W clark Burbank, CA 91505-2939 2 2 $579,000   $0 12116591 Burbank
835 E Harvard Rd Burbank, CA 91501 4 5 $879,000 $273 $0 12108051 Burbank
1580 Waldran Ave Eagle Rock, CA 90041 2 1 $375,000 $420 $0 22117564 Eagle Rock
4830 Algoma Ave Eagle Rock, CA 90041-2105 2 2 $399,000 $281 $0 12115434 Eagle Rock
1815 Linda Rosa Ave Los Angeles, CA 90041 5 3 $538,000 $220 $0 12114217 Eagle Rock
3849 Filion St Los Angeles, CA 90065 3 4 $699,000 $289 $0 22112062 Eagle Rock
134 N Avenue 54 Los Angeles, CA 90042 3 1 $250,000 $186 $0 22109764 Highland Park
5915 Arroyo Dr Los Angeles, CA 90042 3 0 $275,000 $221 $0 12116974 Highland Park
6185 St Albans Street Highland Park, CA 90042 2 2 $325,000 $257 $0 12115295 Highland Park
549-18305  S Terrill Ave Los Angeles, CA 90042 2 2 $377,000 $323 $0 12110981 Highland Park
1601 N Avenue 55 Los Angeles, CA 90042-1106 2 1 $469,000 $459 $0 12115349 Highland Park
2045 Tondolea Ln La Canada Flintridge, CA 91011-1553 4 3 $1,675,000 $487 $0 12097566 La Canada/Flintridge
925 W Walnut Ave Monrovia, CA 91016 4 3 $444,000 $267 $120 12117125 Monrovia
163 N Ivy Ave Monrovia, CA 91016 2 2 $449,000 $617 $0 22109127 Monrovia
1752 N Michigan Ave Pasadena, CA 91104 1 0 $350,000 $400 $0 22114897 Pasadena (NE)
458 AVOCADO Ave Pasadena, CA 91107 3 2 $419,000 $400 $0 12112027 Pasadena (NE)
1369 N Los Robles Ave Pasadena, CA 91104 4 2 $450,000 $243 $0 22113594 Pasadena (NE)
156 E Hammond St Pasadena, CA 91103 4 2 $500,000 $264 $0 22113825 Pasadena (NE)
1387 N Dominion Ave Pasadena, CA 91104 3 2 $580,000 $336 $0 12109126 Pasadena (NE)
2418 Loma Vista St Pasadena, CA 91104-3403 3 2 $650,000 $407 $0 22116449 Pasadena (NE)
2481 Monte Vista St Pasadena, CA 91107-2524 3 2 $712,500 $453 $0 22112932 Pasadena (NE)
560 W Washington Blvd Pasadena, CA 91103 3 1 $230,000 $192 $0 22105636 Pasadena (NW)
256 MacDonald St Pasadena, CA 91103 2 1 $235,000 $336 $0 12115298 Pasadena (NW)
720 Manzanita Ave Pasadena, CA 91103 4 2 $299,000 $264 $0 12117916 Pasadena (NW)
1181 Lincoln Ave Pasadena, CA 91103 2 1 $305,000 $305 $0 12108880 Pasadena (NW)
114 W Montana St Pasadena, CA 91103-1730 2 1 $369,900 $335 $0 22114957 Pasadena (NW)
601 W Montana St Pasadena, CA 91103 3 2 $419,000 $292 $0 22110518 Pasadena (NW)
1907 Santa Rosa Ave Pasadena, CA 91104 3 2 $458,000 $416 $0 12113363 Pasadena (NW)
1125 Lincoln Ave Pasadena, CA 91103 2 1 $500,000 $369 $0 12111810 Pasadena (NW)
1799 Kenneth Way Pasadena, CA 91103 5 5 $699,000 $353 $0 22109093 Pasadena (NW)
1115 Cordova St #202 Pasadena, CA 91106 1 1 $229,000 $304 $202 22111961 Pasadena (SE)
1127 E Del Mar Blvd #138 Pasadena, CA 91106-3483 1 1 $255,000 $302 $350 12101431 Pasadena (SE)
81 N Roosevelt Ave #11 Pasadena, CA 91107 2 2 $320,000 $296 $185 12114696 Pasadena (SE)
837 Magnolia Ave #5 Pasadena, CA 91106 2 1 $379,000 $396 $240 12117159 Pasadena (SE)
995 Brentnal Rd Pasadena, CA 91105 3 3 $709,000 $380 $0 22109283 Pasadena (SW)
184 Avenue 64 Pasadena, CA 91105-1302 3 4 $798,000 $348 $0 22103389 Pasadena (SW)
18 Grace Ter Pasadena, CA 91105 2 2 $1,080,000 $541 $0 22113706 Pasadena (SW)
1304 Elm Ave #16 San Gabriel, CA 91775 2 2 $279,000 $303 $147 12109198 San Gabriel
5308 N Muscatel Ave San Gabriel, CA 91776 3 2 $379,000 $286 $0 12114448 San Gabriel

 

Also, feel free to search the multiple listing service at your convenience.  This home search service allows you to create your own account where you can create multiple home and condo searches for Pasadena, San Marino and other areas.  As new home listings become available, you will be notified via email automatically.  This way, you will always have the most current and latest home inventory information.

Posted on November 5th, 2008
Posted by: Irina Netchaev

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