PASADENA, CA - JULY 25: A house is seen with a "For Sale" sign on it on July 25, 2005 in Pasadena, California. Existing home prices are shooting up at the fastest pace in nearly 25 years according to the National Association of Realtors. The record sales pace has produced a gain of 14.7 percent over the median home price a year ago, the biggest jump in prices since November 1980. (Photo by David McNew/Getty Images)
Getty Images

Getty Images News David McNew