Blogging has definitely been taking a back seat to all other areas in my life. Business is good, kids are busy, home is being renovated. Yikes! But, I am really enjoying the whole blogging thing and want to make sure that I make it a part of my business, keeping people informed on San Marino Real Estate. I went onto the Multiple Listing Service in hopes that I could come up with some exciting trend to tell you about. Of course, people are still always asking the question, “How is San Marino Real Estate doing?” My answer would have to be a bit hedgy. The number of houses sold so far this year is about the same as last year and yet definitely down from previous years. People are being careful about putting their homes on the market, wisely analyzing whether they have to sell. The average home price is up from last year by over $100,000 but the price per square foot is down by about $10 per square foot. I guess that we are just selling more larger homes this year rather than overall prices increasing. I still see the importance of establishing a realistic and appropriate price on your home if you are looking to sell. In this financial environment everyone is looking for a bargain and it is unwise to overprice your home and then watch it sit on the market unsold. My faith in San Marino Real Estate remains strong and my belief that it is an incredible investment in your future. Its award winning schools, great community pride and spirit, close proximity to downtown LA and amazing architecture and homes make San Marino a great place to live.
Now, for those of you who might not be able to pay San Marino prices or are interested in an investment property, the lower price ranges in the Pasadena area are hopping! There are deals abounding and historic low prices. You will have to look out for my partner, LeAnn Healy’s, new blog called “The Pasadena Bargain Hunter”. She is on a personal quest to find a great investment property in the greater Pasadena area. Follow her on her hunt.
Desire to purchase or sell in the greater Pasadena area? Visit the Benuska Group at our website (launching on 7/1/09)
