by Kathy Gibson | Feb 7, 2025 | Uncategorized
Image by Freepik Mastering the Art of Moving Without Stress and Anxiety Moving to a new city brings the chance to reshape your daily life and pursue new opportunities. It can inspire personal development through fresh challenges and unique encounters. The shift offers a moment to reassess your priorities and find alignment between your career goals and personal ambitions. Practical considerations, like choosing the right neighborhood or evaluating local schools, play a critical role in the experience. Every step you take helps create a foundation for growth and a fulfilling transition. Evaluating Neighborhood Safety for a Smooth Move Prioritizing neighborhood safety is essential for creating a secure home environment. Explore resources that provide comprehensive crime data to understand trends across regions. Tools that offer localized insights can help you compare areas and evaluate their safety in detail. Relying on such information allows you to make well-informed choices about where to settle. Choosing a location with safety in mind contributes to a more peaceful living experience for everyone involved. Navigating Educational Choices in Your New City Understanding the educational landscape of your new city is essential for aligning with your academic goals. Begin by exploring the quality and reputation of local schools and universities. Websites like Niche offer insights into the best schools by state and city, helping you identify institutions with strong college preparatory programs and excellent teachers. For those pursuing higher education, resources such as Inside Higher Ed provide valuable information on trends in higher education. Leveraging these resources ensures a smooth transition to your new environment. Pursue Your Passion and Advance Your Career Online A move can...
by Kathy Gibson | Aug 12, 2024 | Buying, Market, Neighborhood, Selling
With the conclusion of the Olympics, the focus of the market has shifted back to inflation concerns. This week will see the release of two inflation reports, which are anticipated to further confirm the trend of cooling prices. Additionally, a retail sales report is expected before the week’s end, providing more insights into the economy’s health. Mortgage rates had recently fallen to their lowest since April 2023 but have risen again in the past few days. Positive outcomes from these reports could potentially drive mortgage rates back down. Pasadena, CA Mon Aug 12 2024 This week the median list price for a single family home in Pasadena, CA is $1,660,000 with the market action index (MAI) hovering around 49. This is less than last month’s market action index of 53. Inventory has increased to 102. 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....
by Kathy Gibson | Jul 30, 2024 | Buying, Market, Neighborhood, Selling
Interest rate cuts coming? Futures Traders are certain that the Federal Reserve will announce its first rate cut by mid-September, with a 100% probability that rates will be reduced by at least 0.25%. Pasadena, CA Tue Jul 30 2024 This week the median list price for a single family home in Pasadena, CA is $1,797,500 with the market action index hovering around 52. This is less than last month’s market action index of 54. Inventory has decreased to 90. In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb....
by Kathy Gibson | Jul 15, 2024 | Buying, Market, Neighborhood, Selling
Pasadena, CA Mon Jul 15 2024 This week the median list price for a single family home in Pasadena, CA is $1,877,500 with the market action index (MAI) hovering around 53. This is about the same as last month’s market action index of 53. Inventory has decreased to 84. The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb....
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...