I will check in a couple of times each week to update you on the greater Pasadena area residential real estate market — what’s selling, what’s not, which areas are holding their value, which are falling.
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HUD has just released details on its FHA HOPE for Homeowners program. You can access them by clicking here. Here is the text of HUD’s Fact Sheet on the program:
Here is a great opportunity to help in our community: Union Station Homeless Services’ annual Dinners-in-the-Park, held on Thanksgiving Day.
From Pasadena Now: This is the biggest potluck in the nation, and celebrities and thousands of volunteers...
A few weeks ago I posted about a home on Johnson Lake. It received multiple offers and is pending sale. This week there is another lake front home for sale in Pasadena — who knew? Okay, this one is more of a pond – Glen Summer Pond.
The home was...
My observation over the last few months in the Pasadena area is that homes priced under $750,000 are increasingly being sold in multiple offers, many times selling for over asking price. This is creating a real disconnect between buyers and...
Here is a great summary from the National Association of Realtors on the home buyer tax credit and the changes from the prior credit:
For a PDF version, click here: 2009 NAR Issue Brief Homebuyer Tax Credit Changes 1104 1107
Not a done deal yet, but promising news. The Senate approved extending the new home buyer tax credit through April of 2010, including certain existing home owners in the credit, and raised the income ceilings on those who qualify for the credit. ...
