Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their…… Continue Reading
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that…… Continue Reading
When you think of “The Pasadena Tournament of Roses” (PTOR) , what do you think of? The Rose Parade & Rose Bowl!, of course! On January 1st (or 2nd!) But what about the rest of the year?? In their “off-season” the PTOR is about funding/donations to “do good” orgnaizations, numerous committee planning meetings every month,…… Continue Reading
![A Tale of Two Markets [INFOGRAPHIC]](http://www.pasadenaviews.com/wp-content/uploads/2019/05/20190510-Share-KCM-571x300-125x125.jpg)
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices…… Continue Reading
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur…… Continue Reading