91740, Glendora, CA

The Glendora zip code is located in the San Fernando Valley of Los Angeles County, California. The population of the zip code was 111,521 as of the 2010 census. Home prices in Glendora have increased significantly over the past several years, and as of March 2016, they were estimated to be $853,000. This represents a growth rate of 8.1% over the past year and a growth rate of 16.2% over the past three years.

One factor contributing to this increase in home prices is that Glendora is located in an affluent area with a high demand for housing. Additionally, there has been an increase in home equity loans available to residents of Glendora due to strong market conditions and low interest rates. As a result, many homeowners are able to borrow against their homes equity and use this money to purchase additional property or invest it elsewhere.

Despite these positive trends, there are some risks associated with buying or owning a home in Glendora. First and foremost is the possibility that prices may decline over time due to various factors outside of homeowners' control (e.g., economic recession). In addition, although interest rates are currently low, they could rise at any time which would have a negative impact on home values. Finally, although Glendora is generally considered safe and secure by most residents, there is always the potential for crime or vandalism to occur which could damage or destroy property