September Aaroe Market Reports for Pasadena and surrounding communities

The September 2014 Aaroe Market Report is out.Aaroe_Market_Report_Sept_2014_Pasadena_Area

Some interesting data on the local sales volume, prices and inventory. The data is mixed as we have been seeing in the marketplace, but as

whole, the upward trend continues. See the full market report here.

If you have any questions about your local market, home prices or what your home may be worth, give me a call today at 626-502-7623.

Posted on August 29, 2014 at 5:01 pm
Brandon Road | Category: Buyer Information, Market Trends, Real Estate, Seller Information

July 2014 Aaroe Market Reports for Pasadena and the Western San Gabriel Valley

The July Pasadena area Aaroe market report for 2014 had a couple of interesting indications:

  1. Inventory is picking up with more homes for sale
  2. Prices are continuing to rise overall
  3. San Marino and South Pasadena prices and inventory have flattened

Buyers are continuing to have a hard time with lack of inventory. Though the Pasadena area summer selling season has brought more inventory, it has also brought more competition. There are still many cash transactions and that trend does not seem to be going away anytime soon.

The threat of rate hikes seems to be subdued at the moment with recent lows in rates. However, as the fed continues to tapper its bond purchases and looks to next year to raise interest rates, mortgage rates are likely to rise in the coming months.

If you want advice on your real estate portfolio or have any questions about what the market is doing, what your property is worth or purchasing a new property, email me at b.road@theroadconnection.com.

Posted on July 1, 2014 at 4:45 pm
Brandon Road | Category: Buyer Information, Listings, Market Trends, Pasadena Neighborhoods, Real Estate, Seller Information

Aaroe Market Report on Home Sales in Pasadena & Surrounding Communities YTD – June 2014

The Aaroe Market Report indicates that the real estate market in the Pasadena area remains robust with prices rising and generally higher sales volume.  While inventory has Aaroe_market_report_for_San_Gabriel_Valley-06-14been low since the beginning of the year, the summer season seems to be bringing out more sellers. With a little additional inventory there is a glimmer of hope for inventory levels to start catching up with demand.

We still continue to see multiple offers with many  buyers becoming frustrated with fierce competition, while overpriced or “quirky” properties tend to take longer to sell and often end up selling at a discount.

If you are thinking about buying or selling your home, it is important that you get a pulse and clear picture of what the market is doing. Contact me today or call me at 626-502-7623 to find out what is behind the numbers and what you can expect when selling or buying your new home in the Pasadena area.

Posted on June 13, 2014 at 3:46 pm
Brandon Road | Category: Buyer Information, Market Trends, Real Estate, Seller Information

10 Things NOT to do when applying for a new home loan

Daniel Arias at Madison Lending who I have been working with for the last 6+ years, sent me this great list of 10 things NOT to do when applying for a home loan. I have seen purchases be derailed by buyers doing some of these things. If you would like to know what else you need to do or not to do in your next home purchase or sale, please let me know.

10 Things not to do when applying for a home loan

Posted on March 31, 2014 at 3:56 pm
Brandon Road | Category: Buyer Information, Market Trends, Real Estate

Pasadena Area Aaroe Market Report for March 2014

 

 

 

 

Inventory remains tight and prices continuing to rise. Check out the March Aaroe Market Report to see what is happening in your neighborhood.

Aaroe_Market_Report_Pasadena_Area-3-14

Posted on March 28, 2014 at 1:41 pm
Brandon Road | Category: Market Trends, Real Estate

Buying a home in the Pasadena area during the holidays; Is it a good time?

When buying a house in the Pasadena area, most of my clients want the house that fits their needs, taste and hopefully,  a good deal. All of this can be accomplished during the holidays!  Many of my clients’ best deals happened during the holidays.holiday_candles

Here are 3 reasons why:

1. Less Competition

During the holidays, many buyers “take a break” from the house hunt to be with family, go out of town or simply to take a break from the competitive market we find ourselves in. Pasadena also has the Rose Parade and Rose Bowl that further distracts buyers from their home search. This is a great opportunity for those willing to stick with it!

2.  More Leverage in Negotiations

Some sellers have to sell. Not everyone has the luxury or desire to wait until everyone is done with their holiday festivities and camping out on Colorado Blvd. There may be a job relocation out of the Pasadena area, financial hardship and a number of other reasons why a seller may be “desperate” to sell and you may be the buyer they are looking for to help them sell their house. In this case, you are likely to get a discount if you are one of the few interested parties in their house.

3.  You See Houses at Their Best

During the holidays, people decorate their houses and thousands of people come into the Pasadena area to enjoy the festivities and celebrate with family. This brings out the best in people and often their homes. As a buyer, you have the opportunity to experience the home you are potentially going to buy at its best, during a celebration.  This is an opportunity to see the warmth of the home and allows you to imagine you enjoying your next holiday season in the house.

I always enjoy the holiday season with my family and I always enjoy helping others find their biggest holiday present, a new home!

If you want to get started on your holiday home shopping, give me a call today at 626-502-7623.
Image credit: cjung / 123RF Stock Photo

Posted on October 25, 2013 at 4:48 pm
Brandon Road | Category: Buyer Information, Community Info, Market Trends, Pasadena Events, Real Estate

October Aaroe Market Report – San Gabriel Valley Real Estate Market Statistics

The October Aaroe Market Report is now available for September sales in the San Gabriel Valley. This is one of the best sources to see what the market place is doing locally.

Aaroe Market Report for the San Gabriel Valley, October 2013

The report reflects what I have been seeing in the market place with an increase in supply and continued rise in price.

If you have any questions about what the market is doing in your neighborhood, please email me at b.road@theroadconnection.com or give me a call at 626-502-7623.

Posted on October 3, 2013 at 1:55 pm
Brandon Road | Category: Buyer Information, Market Trends, Pasadena Neighborhoods, Real Estate, Seller Information

Loft Style Condo at the Prado goes from listed to close of escrow in just 3 weeks!

840 E Green St #231, Pasadena Loft Style Condo

You have probably heard by now that the Pasadena Real Estate market is hot but when a 1 bedroom condo is listed pushing the upper limit of comparables for the area you still expect it to take some time to sell. However, in this time in the market and in this building, the Prado, there is no shortage of demand.

With the right marketing and the right representation, I was able to get the seller what she was hoping to get with a 2 week escrow!

The Prado on Green Street is one of Pasadena’s premier buildings with desirable amenities including concierge service, internet cafe, 20 seat movie theater, pool, conference room, clubhouse and a great location!

With the right marketing and the right representation, I was able to get the seller what she was hoping to get with a 2 week escrow!

If you’d like to see what I can do to help you get the most for your property, give me a call at 626-502-7623.

Posted on May 28, 2013 at 5:37 pm
Brandon Road | Category: Market Trends, Pasadena Neighborhoods, Real Estate, Seller Information

Aaroe Market Reports for Pasadena and the San Gabriel Valley for May 2013

John Aaroe Market Report | 5.13

John Aaroe Group Pasadena Housing Market Report

The John Aaroe Group provides monthly marketing reports providing a snapshot of the Pasadena and surrounding areas’ market condition. To view the report full size, click on the report below.

Are you curious what is happening with values in your neighborhood? Find out today!

 

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Posted on May 3, 2013 at 5:00 pm
Brandon Road | Category: Community Info, Market Trends, Real Estate, Seller Information

46 South Roosevelt, Pasadena 91107 – 3 bedroom, 2 bath townhouse style condo – sold in a week!

The Pasadena Real Estate Market is Hot!

3 Bed, 3 Bath - Pasadena Towhnhouse Style Condo for Sale - Listed at $558,000

This condo had a lot of activity and was a special listing. My clients came to me a few years ago wanting to sell and find a house for their family. Until this year, they were underwater and unable to get out. Finally, they have the opportunity to sell their home and find their new house!

46 S Roosevelt #4, Pasadena

This light and bright, south facing Mediterranean style 3 bedroom, 2 1/2 bath townhome glows with exceptional design and detailing. The 13-unit complex is located in the Caltech adjacent area and offers many conveniences of modern living such as: lushly landscaped and secure common area, front ground floor patio, balcony, spacious kitchen that offers granite counter tops, side-by-side laundry and large kitchen window. Other features include a living room fireplace, large closets, crown molding, plantation shutters, recessed lighting, down stairs powder room and an open floorplan. The lower level includes an ATTACHED private 2-car garage, with direct access. Your car accesses the garage via a secure gate to the building and then your own garage door. In addition to the large garage, there is also a large storage room and/or a wine cellar. And on New Years day, you can watch the parade from upstairs! This is truly the ideal Pasadena townhome!

What do I need to do to sell my home?

If you are wondering what your home may be worth and have been thinking of selling, give me a call today and I will give you my honest opinion of what your house is worth and what to expect when we list your home for sale. Contact me today!

Posted on April 30, 2013 at 12:17 pm
Brandon Road | Category: Listings, Market Trends, Pasadena Neighborhoods, Real Estate