March 2018
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
EDITOR’S NOTE<br />
Many California homeowners<br />
shuddered when Congress<br />
threatened to eliminate SALT (State<br />
and Local Taxes) deductions on<br />
federal taxes. The move was widely<br />
criticized as the GOP’s punishment<br />
for blue states that vote Democratic,<br />
and the plan was later revised to cap<br />
SALT deductions at $10,000 instead of<br />
completely eradicating them.<br />
For affl uent communities like<br />
Pasadena, that’s small comfort — with<br />
the area’s relentlessly rising housing<br />
prices, SALT for many homeowners<br />
easily spill over the $10,000 cap. And the big dent in that government<br />
incentive for homeownership is indeed expected to bring down property<br />
values. But as Kathleen Kelleher reports, the losses may not be as bad as<br />
feared — the Pasadena area is still so desirable that prices will continue<br />
to rise here, just not as much.<br />
Bettijane Levine gives you a quick snapshot of Arroyoland’s current<br />
housing market, with examples of homes at several price points —<br />
$500,000, $1 million and $5 million. An interesting note: Not terribly long<br />
ago, you could buy a Pasadena house for 500 thou, and while half a<br />
million dollars may still sound like a lot of money, in <strong>2018</strong>, it probably won’t<br />
buy you a house that doesn’t need a lot of work; that’s condo territory.<br />
Water-hungry lawns aren’t as popular as they were in Pasadena’s<br />
salad days, what with climate change and persistent droughts. But<br />
diehard fans of grass who don’t want to give up their lawn might want<br />
to heed the advice of the Rose Bowl’s tireless turf team, who’ve been<br />
nurturing the emerald-green fi eld for many years, as Brenda Rees<br />
explains on page 19.<br />
—Irene Lacher<br />
EDITOR-IN-CHIEF Irene Lacher<br />
ART DIRECTOR Stephanie Torres<br />
ASSISTANT ART DIRECTOR Richard Garcia<br />
PRODUCTION DESIGNERS Rochelle Bassarear,<br />
Joseph Sanchez<br />
EDITOR-AT-LARGE Bettijane Levine<br />
COPY EDITOR John Seeley<br />
CONTRIBUTORS Denise Abbott, Leslie Bilderback,<br />
Léon Bing, Martin Booe, Michael Cervin, Scarlet<br />
Cheng, Richard Cunningham, Kathleen Kelleher,<br />
Brenda Rees, John Sollenberger, Nancy Spiller<br />
ADVERTISING DIRECTOR Dina Stegon<br />
ACCOUNT EXECUTIVES Brenda Clarke,<br />
Leslie Lamm<br />
ADVERTORIAL CONTRIBUTING EDITOR<br />
Bruce Haring<br />
HUMAN RESOURCES MANAGER Andrea Baker<br />
PAYROLL Linda Lam<br />
CONTROLLER Kacie Cobian<br />
ACCOUNTING Alysia Chavez, Perla Castillo,<br />
Yiyang Wang<br />
OFFICE MANAGER Ann Turrietta<br />
PUBLISHER Jon Guynn<br />
arroyo<br />
FINE LIVING IN THE GREATER PASADENA AREA<br />
SOUTHLAND PUBLISHING<br />
V.P. OF OPERATIONS David Comden<br />
PRESIDENT Bruce Bolkin<br />
CONTACT US<br />
ADVERTISING<br />
dinas@pasadenaweekly.com<br />
EDITORIAL<br />
editor@arroyomonthly.com<br />
PHONE<br />
(626) 584-1500<br />
FAX<br />
(626) 795-0149<br />
MAILING ADDRESS<br />
50 S. De Lacey Ave., Ste. 200,<br />
Pasadena, CA 91105<br />
ArroyoMonthly.com<br />
©<strong>2018</strong> Southland Publishing, Inc.<br />
All rights reserved.<br />
8 | ARROYO | 03.18
Change language