This is a brand new development featuring luxurious 5 bedroom homes in Pasadena. If you are looking for new construction or would like the chance to customize your home, Estates Pasadena could be a great choice. Since these homes are still under construction, the builders can take into account buyers’ preferences on certain features of the homes. When I drove by today, I saw that the roofers were working on the roofs on some of the homes, so construction is definitely still progressing.
Developers in Pasadena as well as the rest of the country have been greatly affected by the credit crisis. Their business is built on easy access to credit to fund their purchases and construction projects which can stretch for years. In the current economic environment credit has tightened up. I have heard from local developers that the combination of slowed sales of homes and stricter lending has squeezed them like never before. And even outside Southern California one local government supervisor confirmed that developers have all but shut down their projects in his area, as very few plans were submitted to his department for review.
So if new construction real estate is appealing to you, it’s a great time to buy. Estates Pasadena is one of the beautiful new developments in our area, and we can set up an appointment for you to view the model home or any other Pasadena real estate that’s right for you.
To find the current availability for the Estates Pasadena development, search the Pasadena MLS for Cambridge Court or Avondale Road. The development is located at the intersection of Sierra Madre and Sierra Madre Villa in Pasadena. If you'd like to receive updates on Pasadena luxury homes, you can sign up for our Hot List, and we'll send info directly to your inbox.
PASADENA CA REAL ESTATE, HOMES FOR SALE IN PASADENA, PASADENA LUXURY HOMES, PASADENA CONDOS, PASADENA REALTOR, PASADENA FORECLOSURES, BANK OWNED HOMES, INVESTMENT PROPERTIES, REO LISTINGS, PASADENA LENDERS, HOME FINANCING
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