Realtor®

August 5 2022 Market Report

August 5 2022 Market Report

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...

Outdoor Kitchen, chapter 1

I love being outside, so living in the foothills of Altadena is like a dream! Relaxing at the end of the day in my outdoor gardens I’ll see squirrels playfully chasing each other running up the palm trees, birds chirping endlessly and the mountains turn to a beautiful shade of purple. I also LOVE cooking! .. and we’re finally pulling the trigger on building an outdoor kitchen. Day One Today the crew trenched for drains and prepped to pour the concrete pad. Not much to look at, but here’s a pic: Coming soon … Mugnaini pizza oven .. Norcal oven works Argentenian style grill .. soooooooooo anxious! Stay...

June 29 Market Update

Pasadena, CA This week the median list price for Pasadena, CA is $1,500,000 with the market action index hovering around 62. This is less than last month’s market action index of 67. Inventory has decreased to 111. The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action. Altadena, CA This week the median list price for Altadena, CA 91001 is $1,224,000 with the market action index hovering around 87. This is less than last month’s market action index of 91. Inventory has increased to 32. 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...

Market Report for Altadena and Pasadena | March 8, 2022

Altadena This week the median list price for Altadena, CA 91001 is $1,250,000. Market Action Index is hovering around 78, which is an increase over last month’s market action index of 76. Inventory has increased to 25. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Pasadena This week the median list price for Pasadena, CA is $1,650,000. The Market Action Index is hovering around 63. This is less than last month’s market action index of 64. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Inventory has increased to...

Paint Color Forecast 2022 – Favorable Shades That Are Likely to Trend

Article paraphrased from Cyndy Aldred, Better Homes & Gardens Inviting colors that bring about warmth and comfort are expected to be the most popular paint shades for 2022. From neutrals, to greens, to blues. Experts expect that there will be an emphasis on natural earth tones.    Warm Undertones Consumers are starting to move away from cool, white undertones towards more warm comfort shades.  Natural materials are starting to become increasingly popular in new construction. Such as natural stone, brick, and wood.    Paint Color: Tallow, Farrow & Ball    Restorative Greens   Global events are believed to be a determining factor in the shades consumers gravitate towards according to color experts. Paint manufacturers analyze trends and other societal influences to form color forecasts.    For 2022, research has suggested that restorative colors, especially those reminiscent of nature, will be popular due to their calming effect. Be on the lookout for green hues.  Paint Color: Bancha, Farrow & Ball   Organic Earth Tones Brown undertones, reflective of Earth’s foundation, will be the leading trend for 2022. Different saturated brown colors mixed with creamy whites will create beautiful shades that will bring attention to walls and details.    Wall Paint Color: Broccoli Brown, Farrow & Ball   Blues as Neutrals Blue has continued to show up in paint forecasts and trends for the past decade, and many designers believe it is here to stay.  Blues can be used as a neutral color if it has gray undertones and will blend in seamlessly with other neutral shades.     Paint Color: Lulworth Blue, Farrow & Ball   Tempting Taupes As trends...

How to Plan the Ultimate Staycation After Listing Your Home

So you just listed your home and you have a lot of potential buyers – yay! Now is the perfect excuse to plan a staycation. Alternatively, renting an AirBnB or hotel locally can be easier than constantly switching your schedule around for showings… and more fun!    Set a budget. First create a budget of what you are willing to spend. List your priorities then figure out how much you’re willing to spend.    Plan what you want to do. Luckily here in Southern California, there are a ton of things to do. Amusement parks, beaches, mountains, and wine countries are all a hop, skip, and jump away. Research what’s nearby you and make a priority list of what you would like to do. Here are some ideas: family movie night, spa day, local theater production, local game night, guided tour, fancy dinner   Use online resources. Scour through Groupon and see if you can find any local discount deals or promotions happening in the area.    Create an itinerary. Now that you have an idea of what you would like to do, create a schedule to make sure you can fit everything in!      Book a room. Although for staycations the idea is to stay home, if there are many showings scheduled, you might want to get a room. Find a local hotel room or AirBnB near you and close by to the planned activities for easier accessibility. Maybe access your credit card points to reserve cash for your move? Be a tourist. Treat this like any other vacation. Explore places you’ve never been before. Eat at...