Tuesday, March 3, 2009

THE SAN GABRIEL VALLEY: ONE OF THE NATION'S TOP REAL ESTATE MARKETS

Whether you live among the foothills in the Crescenta-Canada Valleyor San Gabriel Valley, it really is the best of California living.

Pasadena’s proud achievement in historic preservation, with more than 1,000 properties now listed on the National Register for Historic Places., has made it the leading city in Los Angeles that links us to the past. The Norton Simon Museum, The Pacific Asia Museum, and The Pasadena Playhouse are just a few to name if you’re seeking culture within the city.

In 2003 La Canada property values rose by 23.4%, an astronomical increase that placed the city at the top of the charts for the entire nation. Although now, five years later, the market has shifted, the community of La Canada, as well as many surrounding areas, have held its own in comparison to the nationwide drop in house prices. La Canada has not dropped anywhere near any number that would compensate for the rise in property values that have occurred like that 23.4% increase in 2003. Profiled as having one of the lowest crime rates in the country has been one of the contributing factors for the desirability to live in La Canada.

I could touch on the many other wonderful communities among the foothills, but will need pages to go on. Important to be said though, if you live with the San Gabriel Mountains serving as a dramatic backdrop, you have a lot to be thankful for.

Search La Canada listings or search La Canada home values.

www.LivingLaCanada.com

4 comments:

  1. Real estate statistics depends on the location. However, the value of a real estate property never depreciates. Therefore it is always wise to invest on it.
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  2. Great information.And nice view that you have shared.Really i like your website.

    ReplyDelete