This is a brand new development featuring luxurious 5 bedroom properties 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 properties. 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.

The development is located near Hastings Ranch in the Northeast corner of Pasadena. There are nearby schools, businesses, shopping and restaurtants. People living in the Hastings Ranch have good community with annual events such as the Hastings Ranch Christmas light display in December. If you aren’t familiar with Pasadena Condos, we have more information at this site.

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 exciting to you, it’s a great time to buy. Estates Pasadena is one of the beautiful new developments in our area, and we can see the development bringing proud new buyers to the area.

We see this development becoming a well known community in Pasadena. Throughout the city of Pasadena there are several well known communities that have developed over the years. One example is Bungalow Heaven. For more information on these areas, visit the Bungalow Heaven link.

Did you know it doesn’t cost you anything to use a Pasadena Realtor to find one of these great new homes? The agent gets paid only if they find you the right home, and best of all, you don’t pay. The seller’s agent pays the listing agent and the listing agent splits the commission with the buyer’s agent. It’s a free service to work with a Pasadena Real Estate Agent. Most people searching Pasadena Real Estate don’t know this.

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