by Kathy Gibson | Aug 22, 2022 | Market, Selling
Pasadena, CA Mon Aug 22 2022 This week the median list price for Pasadena, CA is $1,437,000 with the market action index hovering around 53. This is about the same as last month’s market action index of 53. Inventory has decreased to 124. The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. La Crescenta, CA Mon Aug 22 2022 This week the median list price for La Crescenta, CA is $1,175,000 with the market action index hovering around 69. This is less than last month’s market action index of 73. Inventory has decreased to 29. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in market action index (MAI), we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on...
by Kathy Gibson | Aug 15, 2022 | Buying, Market, Neighborhood, Selling
Pasadena, CA This week the median list price for Pasadena, CA is $1,437,000 with the market action index hovering around 53. This is less than last month’s market action index of 55. Inventory has held steady at or around 114. The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. South Pasadena, CA 91030 This week the median list price for South Pasadena, CA 91030 is $1,744,000 with the market action index hovering around 54. This is less than last month’s market action index of 56. Inventory has increased to 22. In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the market action index before price stability is...
by Kathy Gibson | Aug 13, 2022 | Uncategorized
The plan is starting to come together! Last week a concrete truck pulled up and before I knew it, the crew had leveled the concrete smooth and left it to dry. I’ve been dreaming about all of the things I’m going to be making. Maybe because I’ve been watching this guy with a YouTube channel called The Wood Fired Oven Chef right before I go to sleep (his voice is so calm but at times can be overly-dramatic). Although I’m super excited to make pizza, there are so many non-pizza dishes I can’t wait to try! What’s your favorite non-pizza dish to make in a pizza oven?...
by Kathy Gibson | Aug 5, 2022 | Uncategorized
Pasadena, CA Fri Aug 05 2022 This week the median list price for Pasadena, CA is $1,499,500 with the market action index hovering around 53. This is less than last month’s market action index of 59. Inventory has increased to 136. The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. Altadena, CA Fri Aug 05 2022 This week the median list price for Altadena, CA 91001 is $1,174,000 with the market action index hovering around 77. This is less than last month’s market action index of 83. Inventory has decreased to 32. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in market action index (MAI), we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on...
by Kathy Gibson | Aug 5, 2022 | Buying, Market, Neighborhood
Photo by Erda Estremera on Unsplash 5 Essential Tips for Moving to a Big New City Moving to a big city, such as the Los Angeles area or Pasadena can seem daunting. You’ll have to consider living costs, taxes, real estate, making new friends, finding employment, and more. This can be an incredibly stressful, yet also exciting, time of your life. The following tips will help you move to a large new city: 1. Budget for Higher Living Costs Higher living costs are inevitable when you move to a big city. The world’s greatest cities, such as New York City, London, and Los Angeles, come with endless career opportunities but a hefty price tag. The average cost of living in Los Angeles is $1,073 for one person without rent. That’s significantly more than most of the United States. However, you can budget by using apps like Mint, which allows you to manage your spending all from one account. 2. Look for Big City Attractions You’ll find more attractions in a big city than in a small town. Los Angeles, for example, has some of the best tourist attractions in the United States, including the Hollywood Walk of Fame, Griffith Observatory, and Santa Monica Pier. Visiting the city’s best attractions when you first move can make you feel at home. If you’re a sports fan, Los Angeles has some of the best sporting events. For example, take in a game at the famous Dodgers Stadium. Find great rates for Los Angeles Dodgers tickets online. Some online ticket sellers even offer 360-degree virtual in-seat views. 3. Connect at Social Events Moving...