Darwin Horan — 5 Awesome Lessons You Can Learn From Studying The Real Estate Industry

Darwin Horan
Dec 24, 2017 · 3 min read

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Spread out over 25.15 square miles, there were roughly 5,366 per square mile, this is typical for Los Angeles County. The average income was $62,825, which is typical for the county. This explosion of civilization over many decades has produced many variations of home styles including Darwin Horan Midcentury, Spanish Revival, Cottages and Victorians.

This resulted in enormous production of the American Craftsman and Bungalow style homes. Located in the Northeast next to the San Gabriel Mountains and Arroyo Seco River, Pasadena is an oasis where lots of people and businesses have called home. As the 183rd largest city in America, Pasadena is loaded with valuable and interesting amenities such as Old Town Pasadena, the Rose Bowl, the Pasadena Playhouse and the Norton Simon Museum. Needless to say, like many cultural destinations, how artistic the streets reflect the art in the city and homes are and Pasadena is about artful living. WalkScore.com has given Pasadena a score of 66 out of 100. It follows that Pasadena is somewhat stuffy and a few errands can be completed on foot. Pasadena has a bicycle score of 72 out of 100 significance it is very convenient to own a bicycle. Public transportation is quite accessible in Pasadena.

The Los Angeles Metro Gold Line Rail has six stations in Pasadena. In addition to the Los Angeles Metropolitan Buses that serve the town, Pasadena has its own bus system — the Pasadena Transit. Four major freeways run through Pasadena such as the Foothill Freeway (I-210), the Ventura Freeway (SR-134), the Long Beach Freeway (SR-170) and the Arroyo Seco Parkway (SR-110). Pasadena has worked hard to preserve these rarities by placing laws and ordinances to be able to preserve important areas as historic landmark districts.

By way of example, “Bungalow Heaven” is a set of 800 Craftsman homes which were constructed between 1900 and 1930 that have been legally protected since 1989. Pasadena provides tours of those preserved homes to deliver a special experience to tourists and residents alike. Pasadena is considered a powerhouse city situated only ten minutes northeast of Los Angeles.

The city has earned a reputation as one of the area’s cultural hubs. As a result of this — not to mention the fact that the city itself is remarkably planned with beautiful streets and neighborhoods — houses in Pasadena have become a popular investment. Why? Because Pasadena is an outstanding place to live, as the numbers show. Zillow predicts that this rate will increase 1.9 percent during the next year up to $734,000. The average listing price per square foot is $538 which is higher than the Los Angeles average of $390. The current market temperature in Pasadena is “Very Hot” meaning that it’s an ideal market for Sellers. The average price of homes currently listed is $799,000 while the average lease price is $2,600. This is lower than the Los Angeles % of $2,995. Compared to other markets throughout the nation, Pasadena’s Market Health is a 7.9/10. Only 8.6 percent of listings receive a price cut and 4.1% of homes sell below their prior sale price. Because of the bustling nature of this beautiful city, we expect Pasadena to stay a top contender on the housing industry. Seeking out real estate in Pasadena is all about the desire to have and reside in some of these fabulous homes which frequently come up for sale.

When they do, they do not last long and the final sales price is often greater than what was asked. Darwin Horan Bidding wars for houses for sale in Pasadena are the rule, not the exception. The top producing Pasadena real estate brokers stay busy and on their toes.

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