Editor's Note
By Irene Lacher 05/01/2010
It’s hard to remember another time when real estate was as compelling a topic of news and conversation as it is right now. Of course, that’s only one of many ripples left behind by the tsunami in the housing market caused by Wall Street’s subprime mortgage fiasco.
But fear not—there’s some good news for Arroyoland beyond the fact that what goes down must come up. The Pasadena area, rich with historic, architecturally significant homes, has been less buffeted by the ill winds of the housing industry than other regions, as Noela Hueso discovered in her story about vintage homes. After all, they’re not making any more new old houses. Hueso offers advice to such fortunate property owners on how to maximize the market value of their distinctive residences.
Pasadena Realtor and real estate blogger Brigham Yen looks toward the future in his piece on the revival of the urban core. With the rise of 20 mixed-use development projects here and the prospect of still more, Yen sees a burgeoning community of Pasadenans who walk (yes, walk!) to shops, restaurants, public transportation and into the city’s heart. Yen also offers up some of his Pasadena real estate expertise in 10 tips for home buyers competing in this busy market.
So what’s out there, you ask? A little voyeurism never hurt anybody. B.J. Lorenzo opens the doors to some metro Pasadena homes on the market, ranging in price from $500,000 to $15 million. You might want to get your checkbooks ready.
On a different note, Scarlet Cheng talks to one of the area’s most honored contemporary novelists, Michelle Huneven, whose latest book, Blame, has garnered a bouquet of acclaim.
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