Should you Buy or Rent a House in Pasadena?

iStock_000051369886_Small (1)The idea of putting down roots in Los Angeles County, California, can be pretty tempting. The people who have already chosen to relocate here profit from a number of notable advantages, including excellent weather year round, great job opportunities, great views and above average accommodation options. Speaking of outstanding housing alternatives, should you buy or rent a place in a cool city like Pasadena?

Why Choose Pasadena in the First Place?

With so many appealing choices that make sense to you in terms of location and rental rates or median home sale prices, why should you decide to move to Pasadena in the first place? There are many reasons that could justify your decision. Home to a little over 139,000 people, Pasadena represents the 183rd largest U.S.-based city and the 9th largest one in its county. This prominent city is well-known nationally mostly due to its famous Tournament of the Roses Parade and the Rose Bowl football game that takes place every year. Moreover, Pasadena also counts several notable cultural and scientific institutions, such as Pacific Asia Museum, Art Center College of Design and the California Institute of Technology. Its remarkable cultural heritage and history, correlated with the unique offers introduced on the local real estate market represent just a few important factors that could convince you to invest in a property located in Pasadena. This brings us to the next question: should you rent or buy a place here?

Should You Become a Tenant or a Homeowner in Pasadena?

You can analyze your options and make an informed decision by simply taking a closer look at the latest real estate trends. Recent statistics indicate that the median home sales price for Pasadena-based slices of real estate is in the $650,000 range. This amount reflects a 3% decline, compared to the numbers reported after the past quarter and a 6.7% decrease compared to the values recorded last year, during the same period. How much are current owners asking for their pieces of real estate? The same statistics reveal that the median listing price is estimated at $893,339. If you can afford to shed this amount of money on a property that could accommodate all your family members and satisfy your needs and requirements in terms of amenities, location and layout, then buying may be a good option for you. You should also know that the price per square foot is approximately 490 dollars and reflects a 3.6% increase compared to last year’s price. Can’t determine which neighborhoods would work best for you? In this case, feel free to choose from some of the most popular options that attract the highest number of potential buyers and tenants, including North Central, West Central, South East and South Arroyo. North Central and South Pasadena are two excellent picks that satisfy a great variety of demands and necessities due to the diverse collection of listings that they ensure. In these two neighborhoods one could easily find for sale properties that carry price tags ranging from $599,000 to $896,800 and up. If you don’t have enough money in the bank to buy yourself a nice house or apartment in Pasadena, this doesn’t necessarily mean that you have your plan to move to Los Angeles County. Renting a place in Pasadena is always a great alternative worth considering, especially if you can only set short-term goals and wish to go for an accommodation option associated with the lowest level of commitment. How much should you expect to pay for a rental based in Pasadena? Recent stats show that one-bedroom properties cost approximately $1893 per month, while two-bedroom ones are in the $2,300 range.

How Can You Make Your House or Apartment Search More Effective and Enjoyable?

We know what you’re afraid of. You don’t want to spend weeks or months talking to various real estate agents and looking for a great house or apartment that you could actually afford to occupy for a certain period of time. Rental hunts usually take time, especially if you’re on a tight budget and have high expectations. But even in this context, you can still boost your odds of success by letting a professional apartment finding service support your home search efforts.

Apartment Hunterz give tenants a helping hand by offering them convenient access to a large collection of verified, regularly updated listings. Using this service, you can search and compare different properties based on the filters that matter to you the most, including location, price, amenities, number of bedrooms and bathrooms and square footage. Furthermore, you can also save your searches and keep tabs on all the rentals that seem right to you.

Need another reason to put this amazing service to the test? If so, you should also factor in that Apartment Hunterz relies on a fantastic concierge service designed to retrieve the properties that match your criteria and send you notifications via email or SMS. This means that you can focus on your work-related assignments and any other daily tasks that require your attention, while a team of professionals are taking care of all the details associate with your upcoming relocation.

Once you finally find a property that represents the perfect match for you and your family, you can close the deal by contacting its landlord of property manager. In this stage of your apartment finding process, Apartment Hunterz makes this task significantly less complicated by encouraging you to use the modern iConnect feature, implemented to simplify and strengthen the ties between landlords and the people who are looking for a new place that they could call home. Convenient, modern and easy to use, this apartment finding service is all you really need to spot and compare the best listings in your areas of choice and record a new version of the Californian dream.

11
Aug 2015
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POSTED IN Market
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