Monday Market Stats April 22
Pasadena, CA Mon Apr 22 2024 This week the median list price for a single family home in Pasadena, CA is $1,900,000 with the market action index hovering around 54. This is an increase over last month’s market action index […]
Monday Market Stats April 15
We remain in a paradoxical environment where the ongoing strength of the U.S. economy raises concerns for the housing market. Strong jobs numbers last week were followed by equally strong inflation numbers this week, and then retail spending numbers exacerbated […]
Monday Market Stats April 8
Pasadena, CA Mon Apr 08 2024 This week the median list price for a single family home in Pasadena, CA is $1,880,000 with the market action index (MAI) hovering around 53. This is less than last month’s market action index […]
Monday Market Stats April 1
The economy is showing solid first-quarter growth, boosting consumer confidence in their financial well-being. However, resilient consumer spending is preventing a decrease in inflation, posing a challenge for the Fed in lowering interest rates. The central bank is still expected […]
Monday Market Stats March 25
Consumers have been feeling positive about buying and selling since the start of the year, and the latest housing market report released by the California Association of Realtors reflected the improvement in optimism. Both supply and demand increased in February […]
Monday Market Stats March 18
The housing market continues to show promising signs of a better spring homebuying season that we saw last year. Both closed and pending sales appear to have risen again in February and all signs point to a market that is […]