Arcadia Is Best Bet Ever !

From a scattered area of small ranches and chicken coops Arcadia has emerged into a modern city of subdivisions comparable to the finest in the world.

When Arcadia’s first founder and mayor, Elias J. Baldwin first set eyes on the acres of colorful citrus groves against the majestic backdrop of the San Gabriel mountains, he exclaimed, “by gads, I think I’ve found paradise”!

Incorporated in 1903, Arcadia is situated in the dynamic San Gabriel Valley, approximately 20 miles northeast of Los Angeles.
Since the mid 1950’s, Arcadia has been referred to as a “Community of Homes”, which motto is shared within Arcadia’s official hallmark and city seal. Arcadia experienced a growth spurt in the latter years of 1930’s. “New buildings, new businesses, public improvements and home construction were almost daily items of news”, wrote Arcadia historian Gordon Eberly. Subdivisions were opened in almost all sections of town, from moderately priced homes east of the Santa Anita Wash and north of Colorado Boulevard to the more exclusive, beautifully landscaped homes of the Santa Anita Oaks. From the acreage acquired by Baldwin’s Rancho Santa Anita Inc. came several residential districts developed over a period of years, but ultimately encompassing a large segment of the northern part of Arcadia. Residences in Santa Anita Village, Rancho Santa Anita, the lower Rancho, Santa Anita Gardens, and the Colorado Oaks subdivisions all occupy what had been the last of the Baldwin lands. And although not entirely immune, Arcadia’s envious real estate values remain relatively insulated from the by and large disparate market weakening our real estate industry has experienced in the last several months. For academic achievement, all ten Arcadia schools have achieved statewide rankings of 10 (only 8% of LA schools achieved this rank, and only five other districts had every school achieve a rank of 10!) This educational prominence is a determining factor in the maintenance and appreciation of Arcadia’s home values and the propensity to obtain maximum resale values with less listing time on market when it comes time to sell.

Gene Glasco-REALTOR e-PRO-SRES
Century 21 Ludecke-Arcadia
626.456.4366
www.GeneGlasco.com
Gene@GeneGlasco.com

Short Sales Vs Foreclosures

During the last 12 months, I have been involved in helping some clients who, because of the extenuating economic downturn, have lost value on their homes, so much in fact that they owe more than what their home is worth on today's market. Some of these folks have approached me about the short sale process and have asked me to explain how a permitted short sale is not as damaging to their credit score as a foreclosure. Explaining the difference between the two processes takes a good thirty minutes and is helpful in the decision making process in determining whether to sell their house for less than what it owed, or if the lender is cooperative, trying to negotiate an extended mortgage, lower interest rate, or other concession to keep the customer from loosing their home.

Arcadia-CA Best City For Kids

Arcadia- CA Is The Best Place To Raise Your Kids

According to Business Week's second annual roundup of the best places to raise your kids, Arcadia, California is one of the country's best! OnBoard Informatics, a New York-based provider of real estate analysis, seleced towns with at least 50,000 residents and a median family income between $40k and $100k. Then Business Week weighted the criteria: school performance; number of schools, household expenditures; crime rates; air quality; job growth; family income; museums; parks, theatres, other amenities; and diversity. Arcadia, with a poplulation of 56,394 has a median income of $81,417. Our city is located about 20 miles from downtown Los Angeles, and has some of the best schools in California. Arcadia is also home to the Santa Anita Park racetrack and the Los Angeles County ARboretum and Botanic Garden. Peacocks now live in the neighborhood near the arboretum where they walk on lawns or cross the street. So hurray for Arcadia ! Runners-up: Diamond Bar

Gene Glasco

Welcome To My Blog

Greetings To All !

Welcome to my Blog! I am a fifty-five year resident of Arcadia, and in the coming weeks and months will be stimulating your thoughts (and hopefully responses) about real estate related issues in and around the San Gabriel Valley of Southern California.

My URL (blog address) is: ArcadiasGreat.blogspot.com and I look forward to meeting many of you here on what is intentioned to be, a great Blog spot to have fun, share stories, and learn from one another about the dynamic area in which we live, work, and play.

Best Regards !
Gene Glasco