End of June Pasadena area housing analysis

Here's the end of June inventory comparison. The blue cylinder shows the amount of single family homes available in June of 2012. The red cylinder shows the current inventory as of today, June 28, 2013.  Although we are seeing a slight uptick in available inventory, those new homes are selling so quickly that the net effect is minimal.  Congratulations to La Canada, being the first local community to be in positive inventory territory.    For those of you who are buyers, consider making that first offer the very best you can. Competition continues to be fierce. In many cases homes are selling for over their asking prices, with multiple offers. For a market analysis for your property or more information, give us a call at 877.886.5729. We'd love to hear from agents around the country so that we can learn more about local market conditions. 

Frederick Monhoff Modern home for sale in Kinneloa Mesa/Pasadena

Frederick Monhoff, architect of the Palm Springs Biltmore Hotel and many others designed this wonderful example of midcentury modern architecture in 1948. From my friends Laura and Jason Berns: 
            In the hills of Kinneloa Mesa above the city of Pasadena sits this stunning midcentury modern home designed by noted architect, Frederick Monhoff. Noted for the homes and buildings he designed from Palm Springs to Napa Valley & everywhere in between, this one time Altadena resident designed a home that allows light & its movement to flow seamlessly throughout. Featuring sleek lines, majestic views to the mountains, the canyon and the city lights, this 5 bd, 4 ba home is a stunning property. Noted features of the home include the pumice block walls, red clay tile floors, an abundance of storage, a large renovated loft style home office, a brand new TPO white reflective roof, 2 courtyards & an ease of So Cal living that flows seamlessly between the inside and outside for entertaining & dining alfresco. The kitchen has been updated with granite countertops, Viking appliances, a new wine chiller & a Bosch dishwasher.  Open Sunday 1-4PM.  Come on by!

For more info, visit here

Pasadena Condo $435,000 2bed/2baths 1000 sft. pool spa gym sauna

Nicely updated condo in a great part of Pasadena. Bamboo hardwood floors throughout, an updated kitchen featuring granite countertops and newer appliances, including a wine refrigerator. This open floor plan flows from the dining area to the living room that has a gas fireplace and opens to the north facing balcony. Ample master suite has abundant closet space, built-in workstation, and updated bath. The second bedroom has closet organizer and balcony access. There is in-unit laundry as well as all new windows and sliding glass doors. High ceilings with recessed lighting and without the cottage cheese! The complex has a lushly landscaped center courtyard with an inviting pool and spa. There is also an exercise room with recumbent bike, treadmill, stepper, dry sauna and shower! Two tandem parking spaces and additional storage.  For more info, call/text Lee at 310.980.1545
 See the slideshow here:     see the details here

The Pros and Cons of Pocket Listings (video)