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Market Report for Altadena and Pasadena | January 31

Market Report for Altadena and Pasadena | January 31

Here is a Market Report for Altadena and Pasadena for the week of 01/31. Altadena This week the median list price for Altadena, CA 91001 is $1,100,000 with the market action index hovering around 76. This is an increase over last month’s market action index of 71. Inventory has increased to 23. While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist. Click here for a detailed report. Pasadena This week the median list price for Pasadena, CA 91101 is $1,100,000 with the market action index hovering around 40. This is less than last month’s market action index of 49. Inventory has held steady at or around 1. The market has started cooling and prices have recently plateaued. Since 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 prices. Click here for a detailed...

Hazardous Waste Disposal – LA County

Do you have hazardous waste or e-waste you need to get rid of?  Here is a resources list to help you dispose of any hazardous waste or e-waste in Los Angeles County and Pasadena.  Photo courtesy of LASAN Los Angeles County: LADWP Hazardous Waste Collection Program: Load up any hazardous waste in your trunk or the bed of your truck and drive it to one of these collection events to properly dispose of these items.  LADWP permanent collection sites for drop off: Another convenient and free way to dispose of hazardous material and e-waste is by dropping the items off at any of these permanent sites in Los Angeles county. Most of these sites are operable on Saturday and Sundays from 9am-3pm.  Here is an information sheet from L.A. Sanitization on S.A.F.E collection centers and items accepted.  E-waste collection may be picked up by calling 1-800-773-2489 or selecting Electronic Waste in the MyLA311 app.  Recycle paint: You can drop off paint at local retail stores. Here is a tool to help you find drop-off locations near you.  Los Angeles County Materials Exchange: If you have usable electronics,  list them on the LACoMAX online materials exchange site. Alternatively, you can donate usable electronics to Goodwill, Salvation Army, or Habitat for Humanity.  Battery disposal: Here is a directory of places to drop off old batteries.  Used motor oil: Click here for used motor oil collection centers.  LA County Public Works: Click here for LA County’s environmental links. Photo courtesy of LASAN Pasadena:  Los Angeles-Glendale S.A.F.E Center: 4600 Colorado Blvd, Los Angeles, CA 90039 Saturday and Sunday 9am-3pm  Accepted items South Pasadena’s...

Market Report for Altadena and Pasadena | January 24

Here is a Market Report for Altadena and Pasadena for the week of 01/24. Altadena This week the median list price for Altadena, CA 91001 is $1,195,000 with the market action index hovering around 73. This is an increase over last month’s market action index of 70. Inventory has decreased to 24. While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist. Click here for a detailed report. Pasadena This week the median list price for Pasadena, CA 91101 is $1,100,000 with the market action index hovering around 43. This is less than last month’s market action index of 49. Inventory has held steady at or around 1. Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone. Click here for a detailed...

Market Report for Altadena and Pasadena | January 18

Here is a Market Report for Altadena and Pasadena for the week of 01/18. Altadena This week the median list price for Altadena, CA 91001 is $1,250,000 with the market action index hovering around 71. This is an increase over last month’s market action index of 69. Inventory has decreased to 23. The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Click here for a detailed report. Pasadena This week the median list price for Pasadena, CA 91101 is $1,100,000 with the market action index hovering around 45. This is less than last month’s market action index of 49. Inventory has decreased to 1. The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory. Click here for a detailed report. Los Angeles County  Click here for a detailed...

Budget-Friendly Home-Buying and Moving Tips for Pasadena, CA Parents

Image via Pexels Budget-Friendly Home-Buying and Moving Tips for Pasadena, CA Parents Guest article provided by Emily Graham Purchasing a home and moving is typically challenging, as well as expensive. If you’re a Pasadena, CA parent looking to keep the cost down, here are some budget-friendly home-buying and moving tips that can help, presented by Realtor Kathy Gibson. Budget-Friendly Home-Buying Tips for Pasadena, CA Parents Don’t Assume That Your Pre-Approval Amount is Affordable When you get pre-approved for a mortgage, it’s easy to assume that the amount you’re allowed to borrow should be affordable. In reality, a pre-approval doesn’t mean the payment that comes with that loan aligns with your budget. It doesn’t include certain costs that come with buying a home, including homeowner’s insurance, property taxes, maintenance expenses, and other costs. Don’t default to the pre-approved amount if you need to make a budget-friendly home purchase. Instead, break down all of the costs that come with the new home, allowing you to determine what you can genuinely afford. Then, use that as a guide. Know Your Priorities In some cases, getting everything you want in a home isn’t going to align with your budget. By knowing your priorities, you can focus on homes that address your actual needs first. When you outline your priorities, be honest about what’s a genuine need and what’s actually a want. Your needs should only include features you can’t live without, while everything else should be a want instead. Once you’ve done that, order your needs and wants based on desirability. Again, this helps you get a clear target for your home search,...