California’s housing market dropped below the 400,000-level sales benchmark for the first time in more than two years as high home prices and eroding affordability combined to cut into housing demand, the Arcadia Association of Realtors (AAR) said recently. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate…
Arcadia Association of Realtors: Affordability Crunch Dampens Home Sales
California’s housing market backpedaled in July on an annual basis for the third consecutive month as higher interest rates and rising home prices eroded housing affordability and dampened demand, the Arcadia Association of Realtors (AAR) said today. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 406,920…
Arcadia Association of REALTORS® Says California Median Home Prices Set New Record
California’s median home price reached a new high in May, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year, the Arcadia Association of REALTORS® recently said. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of…
Arcadia Association of Realtors: Strong Wages and Steady Home Prices Buoy California Housing Affordability
Higher wages and lower seasonal home prices combined to push California’s housing affordability higher in the first quarter of 2018, compared to the previous quarter, the Arcadia Association of Realtors said today. The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in the first-quarter of 2018 edged…
Inaugural Patriotic Parade in Arcadia Draws Hundreds of Spectators
Hundreds lined the rather hot First Ave Saturday morning to witness the first Arcadia Patriotic Parade. From Council members to state assemblyman and Rose Queens past, present and future. At the end of the parade there was a family festival featuring booths and the ever-popular mobile food trucks including the famous Grilled Cheese Truck. Photos…
Cal Phil Supporters Protest Arboretum Foundation’s Decision
Approximately 50 musicians, supporters and friends of Cal Philharmonic made their voices heard Saturday morning waving placards and other signs showing their collective disapproval of the decision The Arboretum Foundation has made in selecting Pasadena Pops over Cal Phil for the 2012 Summer Concert series. Cal Phil directors held a press conference describing their confusion…
Arcadia Association Celebrates 85 Years of Service
In 1924, a handful of forward thinking real estate professional made the decision to form the Arcadia Realty Board. The “Board” was chartered by the National Association of Realtors the same year hence the authority to use the registered trademark and be called the Arcadia Association of Realtors. On July 1, the Arcadia Association of…
Arcadia Realtors Plan Charity Golf Tournament
Santa Anita Golf Course will be the site for the Arcadia Association of Realtors Annual Charity Golf Tournament scheduled for Thursday, September 24. The event is sponsored by the Real Estate Professionals Auxiliary (REP), the charitable auxiliary of the Arcadia Association of Realtors. All proceeds from the tournament will be donated to numerous local charities….