“Friday Morning Special”

Our pick for this week is a property located at 1800 E. Elizabeth St., in Pasadena. It is a charming 1920’s traditional home that has been meticulously cared for inside and out. Features livingroom and formal diningroom with breakfast nook. This 3 bedroom, one bath home  is complete with many of the original architectural details such has built-ins, hardwood floors, barreled ceilings and arches.

The property is offered at $589,000 through Jermayne Shannon with Town Square Realty.    He can be reached at 626-394-3004.

2009 Taste of Old Pasadena

The  Pasadena -Foothills Association of Realtors will be presenting the 2009 Taste of Old Pasadena on Tuesday, September 22, 2009 from 5:30-9:00pm. The tickets are being sold for $25 each, children tickets at $15 each. The funds go to various charities that the Association supports. If you are curious you can check out the Association website at www.pfar.org to see which charities the Association supports throughout the year.  Ticket holders can visit participating restaurants to get a  taste off their delicious menus. If you are interested in purchasing tickets please call 626-795-2455.  Hope to see you there!

“Friday Morning Special”

An elegant Williamsburg Colonial describes this 2 story home designed by renowned architect Harold Bissner. Built in 1939 this 4 bedroom, 3 bath home features all of the hallmarks attributed to this architectural style. Crown moulding, peg and groove hardwood flooring, living room built-ins with custom fireplace surround grace this house. A bright entry way leads to a spacious living room, family room, formal dining room with adjacent kitchen & sunny breakfast nook. The main floor also features a bedroom/den with an updated en suite bathroom. A gracious stairway leads to the second floor master suite that is well lit by natural light & features an updated bathroom. Two sizeable bedrooms & an updated bathroom complete the second story of this house. This home sits on a large well landscaped lot. A covered patio leads from the family room allowing for outdoor living & entertaining. There is a two car detached garage with storage and a large workshop. Visit www.2365adair.com

‘FRIDAY MORNING SPECIAL”

We toured a lovely home on caravan today in No. San Gabriel that is truly a great value for the money. It’s located at 417 Doyle Dr., San Gabriel. It features 3 bedrooms, 2 baths and has been meticulously maintained by the present owners. The home has been  freshly painted inside and out and has beautiful oak wood floors. Some of the recent improvements include a new roof and HVAC . It sits on a well landscaped lot with mature trees. The home is listed with Eric Luna of Coldwell Banker and is offered at $599,000. Let us know if you’d like to take a look.

$8000 Federal Tax Credit Expires December 1st

The $8000 federal tax credit is set to expire December 1, 2009. This federal tax credit up to $8,000 is for 1st time home buyers and is part of the American Recovery and Reinvestment Act of 2009.

To qualify you must purchase your primary residence and live there for 36 months. The annual income limit is $75,000  per person or $150,000 per couple.

So, don’t wait to take advantage of this benefit.

“Friday Morning Special”

Today on caravan we toured a wonderful Madison Heights Colonial Revival located at 1069 S. Oakland Ave., in Pasadena. The home was designed & built by designer M.J. Repine in 1922 and has been beautifully restored and remodeled over the years. It features 3 bedrooms, 3 baths and a wonderful open cooks kitchen. The outside is spectacular with an inviting pool and cascading spa. The home is listed by Mike Bell with Prudential California Realty and is offered at $999,000.  It really has too many great details to mention and is definitely worth seeing if this is in your price range. Let us know if you are interested in viewing this property.

In the Right Light

Very often it is the little things that make for a well decorated room, but that perfect accessory may be the most difficult to find. Lighting (lamps, pendants, chandeliers, etc.) fall into to that category in a big way, particularly if you have something in mind. While that perfect lamp may not be readily available on a store shelf, there is a place where the fixture you imagine can be made to order. You can create your own work of art (with lots of design & technical advise from Peter) at Filament Lighting. This studio is located at 1100 S. La Brae in Los Angeles, CA. 90019. You might want to call 323-935-7636 or go on line at www.filamentlightingla.com for store hours, directions and to view a photo gallery of their creations. Filament has sources for Murano vases, porcelain  and other glassware that can be fashioned into beautiful, one of a kind light fixtures.

“Friday Morning Special”

5025 Range View Ave., Los Angeles, Ca (Highland Park)

On last weeks caravan we saw a great craftsman home listed for $435,000. It featured 3 bedrooms and 2 baths and had been recently upgraded throughout. If this is in your price range you shouldn’t miss this one. It has a lot of character and space for the money. Plus it’s really close to Auntie Em’s restaurant, which has awesome cupcakes! This one won’t last long!

 

More help for California home sales?

California law makers introduced two bills to boost the cap for the state’s home-buyer tax credit program. They seek to increase the cap by at least $200 million dollars and extend the program another year.  The program was approved in February at $100 million and was meant to help clear out newly built homes and generate new construction.  Buyers can receive a tax credit up to $10,000 by purchasing a new, previously unoccupied home that they intend to occupy. In Pasadena you could consider purchasing a new unit at Granite Park on So. Lake ( right down the street from our office) or on Lake at Walnut, in the old Bona Corsos location, to take advantage of this credit.

Some buyers have coupled this credit with the federal first time home- buyer $8,000 tax credit. Robert Kleinhenz, deputy chief economist for the California Association of Realtors, said the tax-credit program has helped draw first time home buyers into the market. By the end of the year, the percentage of first time home buyers is expected to reach 45% of the total number of buyers. This is up from 36% last year and 26% in 2004.

The program is currently set to expire in March 2010. However, the funds are being quickly depleted and the program will be cut short without additional funding. The Franchise Tax Board who receives the applications for the credit, states that they have received 9,800 applications and will cut off the program at 12,000 applications. The state’s budget woes may deter law makers from approving the additional funding which should come up for a vote in late July.

If you have any question please email us at pasadena.ca.homes@gmail.com

To read the entire article please visit the link below.
By Bobby White:Wall Street Journal
http://online.wsj.com/article/SB124624790198767385.html

July 4th Festivities

 

Celebrate!

 

There are plenty of local celebrations and firework displays to enjoy. The following are a few to consider:

Thursday, July 2, 2009 9:30pm  EARLY BIRD SPECIAL
Altadena Town and Country Club
Members enjoy club festivities and fireworks, but it’s a big sky… so park around the golf course and enjoy the FREE fireworks
626-794-7163
www.altaclub.com

Saturday, July 4, 2009  noon-9:30pm
Rose Bowl Americafest, Pasadena
Celebrate the Armed Forces
Music, food and fireworks
$13.00 per adult ticket, children 7 and under are free
626-577-3101
www.rosebowlstadium.com

Saturday, July 4, 2009  9pm
Almansor Park, Alhambra 
Bring your picnic or visit the food booths and enjoy FREE fireworks
626-570-5044
www.cityofalhambra.org

Saturday, July 4, 2009   4-9pm 
Lacy Park, San Marino
Bingo, booths, parade, stage entertainment and fireworks
San Marino residents receive 4 free tickets, additonal presale tickets are $5.00 each
Non-residents pay $15 each for presale tickets
All tickets purchased at the park on the 4th (resident & non-resident) will be $20 each
626-403-2200 or 626-300-0700
www.ci.san-marino.ca.us