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Glendale CA Homes - Glendale Property
As the third-largest city in Los Angeles County, Glendale is one of the principal economic anchors of the San Gabriel foothills region. With an economy focused on technology and higher education, the Glendale real estate market has remained consistently strong since the city's incorporation in 1906 as a resort town for wealthy Angelenos. Prior to the arrival of the streetcar from Los Angeles, most Glendale homes had been built on land ceded from the Verdugo Ranch, an enormous swathe of scenic land dedicated to the raising of cattle and hogs.
Properties in Glendale
Glendale is physically larger than many neighboring cities, lending its housing stock a diversity found in few places in the region. Some of the leafiest and most exclusive Glendale properties are tucked away in the city's northeastern corner, near the border with La Canada Flintridge and La Crescenta. The downtown area, which has been built up and revitalized in recent years thanks to a host of new condominium and office developments, is host to more affordable Glendale property that provide excellent transportation access to the greater Los Angeles area.
Doing Business in Glendale
Glendale's economy is legendary for its diversity and resilience. The city's largest employers are healthcare organizations like Glendale Adventist Medical Center and Glendale Memorial Medical Center, each of which owns sigificant tracts of outlying Glendale real estate for professional buildings and outpatient services. The American headquarters of the Nestle Corporation are located within the city limits as well, employing over 2,000 people. Walt Disney Imagineering, Public Storage, and Acco Engineering Systems are some of the other major area employers whose nearly constant hiring encourages the continual construction of new Glendale homes.
Many of these new housing units can be found in multi-use outdoor developments like the Americana at Brand, a beautiful new space with over 75 restaurants and other businesses and several hundred new condominiums and apartments. Local planners find developments like these attractive because they conserve space and cut down on congestion while increasing the value of surrounding Glendale properties. They're also especially popular with new arrivals who desperately need a lease on a Glendale rental and don't know where else to turn.
Of course, Glendale has a high proportion of homeowners as well, many of whom have children of their own. One of the city's biggest selling points for folks considering a move has been the excellent Glendale Unified School District, which serves the area with dozens of primary schools and several high schools, some of which draw in students from neighboring cities like La Crescenta. Glendale real estate owners have a relatively low property tax burden considering the school district's reputaton: Glendale High School, Herbert Hoover High School, and Clark Magnet School are recognized statewide as excellent secondary educational institutions.
Because of the regional economy's laser-focus on technology and higher education, Glendale's population is quite mobile. Many owners of Glendale homes take advantage of this with purchases of residential income property and rentals. Call or e-mail today and discover the benefits of owning Glendale real estate today!