UCLA Report Predicts Continued Weakness in Real Estate Market, Local Realtors Say Otherwise

By Donna Balancia Demand for housing in California is weak and new housing construction is expected to slow throughout the state, including in Pasadena, in 2019 and 2020, according to a new economic study by UCLA. But local Realtors say the outlook remains sunny for existing home sales in the Pasadena area. In his latest… Keep reading

Area Home Sales Fall, Lack of “Affordable Inventory” and Higher Interest Rates Blamed

By Brian Day with David Cross Analysts are reporting a downturn in Southern California home sales, but the owner of a major Pasadena real estate firm says he isn’t losing any sleep over it. Los Angeles County sales have tumbled by 8.5 percent below last year’s results, according to a report released Thursday by Irvine-based… Keep reading

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