With the housing market in America still hostile and people struggling for work, it may seem like a risky time to buy a second property. However, the population and rental market has grown recently in Santa Clarity and is still increasing rapidly. Therefore, if you have the available capital and are already on the property ladder, investing in a second property may just be the step you want to take [...]

Santa Clarita has seen gains in the median resale price of homes sold during October, which is the result of increased Buyer demand competing for such a limited number of homes listed for sale. Surprisingly, for the time of year where activity and sales regularly seem to taper off, there doesn’t seem to be much slow-down for the holiday season. Last month in November we saw a total of 248 homes [...]

The Santa Clarita Valley has been seeing a low number of homes for sale for about the past two years. The SCV had about 750 homes for sale in late 2009/early 2010. The inventory peaked at around 1,300 homes for sale earlier this year 2011, and overall now sits at 1094 today. If you’re in the market to buy a foreclosure home in the Valencia area understand that inventory is [...]

I would say YES we are finding a bottom! We are noticing a great variance between supply and demand in the housing market. First-Time Home buyer’s and Investor demand severely outweighs the available supply – When I last checked we had approximately 615 active listings throughout: Stevenson Ranch, Valencia, Saugus, Newhall, Canyon Country, and Castaic. Contrast this with a year ago when it was 1790 and you start to see [...]

With this Federal Tax Credit Incentive expected to expire on  On November 30, 2009 many prospective Buyers are curious about what is going to happen, and due to this uncertainty I feel most First-Time Buyers are hesitant to purchase a home in today’s market. There has been talk of a potential extension through 2010, but nothing concrete as of yet, and many real estate brokerages along with the National Association [...]

Despite all the government intervention to assist troubled homeowners, in hopes of reducing foreclosure activity, it is evident that the housing market has been facing downward pressure for the last few years. When it comes to foreclosure properties becoming available for sale on the open market, many Buyers are constantly asking where they are. Experienced Real Estate Agents will be able to tell you that the Santa Clarita Valley in [...]