Check out our newest blog post over at Santa Clarita Real Estate Forum for details on what you need to know about our real estate market in the SCV and the market stats, as of this month, November 2009.

Some of the highlights include:

• Saugus Homes are selling super fast! More so than any other community in Santa Clarita.
• Agua Dulce homes are taking a long time to sell.
• The differnce in days on market between homes in escrow that are short sales, and those that are just standard sales is HUGE! Standard sales are selling much, much faster!

You can view the November 2009 Santa Clarita Market Stats article here!

Thanks to The Renno Lending Team @ Prospect Mortgage for today's Santa Clarita Real Estate - Mortgage Video update. Check it out, and and listen to Keith Renno explain where interest rates are at, and get his inside perspective as to what's happening in the mortgage market.

Check out our main blog, Santa Clarita Real Estate Forum, and get a glimpse into how our trip last week to San Diego for the National Association of Realtors conference went. We give you some insight into some of the key things we've taken away from a great 5 day stint of learning, networking, and brain storming.

For all of your Northern Los Angeles County / Santa Clarita Real Estate Needs

The Robert and Brian Team @ Realty Executives

Today we wrote a blog post over at our Santa Clarita Real Estate Forum blog about the extension and expansion of the home buyer tax credit. What was just a first time home buyer tax credit, is now also expanded to existing homeowners. You hear that Santa Clarita homeowners? This is great news for those of you who have any interest in selling your home in order to move up and purchase a different home.

The inventory of Santa Clarita homes right now is at historic lows. A Santa Clarita homeowner, with equity, or the cash to close a deal, could sell very easily in this market, and fast, if priced reasonably - NOT BELOW MARKET - just reasonably. Heck, decent homes are selling above market value right now in the right neighborhoods. The inventory is that low.

The inventory MAY not be THIS low for THAT long. It all depends on how many foreclosures have yet to hit the market, and how quickly they come at us. Today Fannie Mae released news that they would be giving homeowners the option to rent out their home, instead of foreclosing on them! They would do a deed in lieu of foreclosure. Less harmful to your credit. The point is, the government, both state and federal, have been doing what they can, to keep the inventory of homes low. When the inventory is low - home values don't fall as much.

This tax credit incentive, which will now continue once President Obama signs off on it, and will be much more flexible....will definitely be utilized by many buyers for the remainder of 2009, and into 2010.

Contact The Robert and Brian Team to discuss your Santa Clarita real estate questions and needs. You can reach us @ 661-964-1760. Or visit us at the best local real estate website available - TheScvAgents.com!

Check out our Santa Clarita Real Estate Forum blog post: Santa Clarita Home Buyers: Congress Passes Tax Credit Extension

Thanks to Keith Renno (The Renno Lending Team) @ Prospect Mortgage for providing our clients and viewers with an update on the interet rate difference between FHA Loans, and Conventional Loans, now, as we find ourselves in November 2009. Keith also eludes to where he thinks interest rates are headed. Keith also recently sat with Robert for an interview regarding the State of the Mortgage Market. Check out that video in the previous link to hear some of Keith's other thoughts on what's going on in the mortgage market today.

Brian Ends of The Robert and Brian Team @ Realty Executives sits for an interview with Mike Terry of Verengo Solar. They discuss the pros of going Solar in your home, and some the the cost benefits vs traditional energy sources, such as your local energy utility company. Contact Brian @ The Robert and Brian Team at 661-964-1760 for any of your Santa Clarita Valley real estate needs. Contact Mike Terry to discuss Going Solar in your home at 661-755-9549.

Keith Renno of Prospect Mortgage is interviewed by Robert Mickalson, or The Robert and Brian Team @ Realty Executives Valencia. Contact The Robert and Brian Team with any of your Santa Clarita Valley real estate questions @ 661-964-1760. Contact Keith Renno, with The Renno Lending Team @ 661-290-3817.

Thanks to The Renno Lending Team for providing our clients with this weekly update on the mortgage market.

Contact The Robert & Brian Team for all of your Santa Clarita Real Estate needs! Call us at 661-964-1760.

 

 

Ever wonder what the most expensive home is on the market, in the Santa Clarita Valley? Sure you have. Wonder no more...here is the answer.

bit.ly/cAypY

The home is located in the Sand Canyon area of the Santa Clarita Valley (off of the 14 freeway). Click that link above...and be sure to let us know if you're interested...haha!

 

 

 

The Robert and Brian Team

Call us @ (661) 964-1760 for immediate Santa Clarita Real Estate assistance!

Click here to search the entire Santa Clarita MLS system - UPDATED HOURLY

Tract Directory for Santa Clarita - Over 500 tracts to browse through!

Most of you know that the Santa Clarita real estate inventory of homes for sale is quite low right now, almost approaching 600's. This is apparently holding true for the Tesoro Del Valle master planned community, which is located at the northern edge of Valencia.

I was browsing homes for sale in the Santa Clarita MLS, for a specific client, and was amazed to see that there was ONLY 1 home in Tesoro Del Valle that's actively for sale, that is a regular sale or foreclosure. I didn't even restrict the search to price, size, bedrooms, etc...I just queried for regular sales and foreclosures, and NO shorts sales.

Click here to view the sole, regular/foreclosure for sale in Tesoro Del Valle (it happens to be a foreclosure by the way).

What's even more interesting is that there are 39 Tesoro Del Valle homes in escrow! Amazing! So there is a lot of interest in these homes, and quite a few homes for sale - it's just that they're under contract! Click here to view details on these 39 Tesoro Del Valle homes that are in escrow.

And if you want one more factoid that's possibly a bit more interesting than the last - it's that of those 39 homes for sale in Tesoro Del Valle that are currently under contract and in escrow...28 of them are short sales!

The kicker - regular sales, and bank owned sales in Tesoro Del Valle, and Santa Clarita as a whole for that matter, are hard to come by! It's obvious that people en mass are writing offers on short sales. That happens all the time. True. But many of these escrows (of the 28) really will not turn into a real sale. It will end up back on the market, due to the buyer getting tired of waiting for the bank to approve/finalize the deal...and or it will come back onto the market as a bank owned home perhaps if the short sale bid fails - as too many do. Just because the Realtor takes the home off of the market, and puts it into escrow, does NOT mean that they have the short sale approved and, for that matter, the price they marketed the home at approved.

If you're looking for a way to find out the regular sales in Tesoro Del Valle, and bank owned homes in Tesoro Del Valle....before other buyers are even made aware of them, please give us a call, so we can give you somewhat of a competitive edge! It's obvious from the 39 homes with offers/under contract JUST in Tesoro Del Valle, and the minuscule active inventory of homes for sale in Santa Clarita - that there is quite a bit of competition for these homes out here...and possibly for the home you may be vying for.

 

The Robert and Brian Team

Call us @ (661) 964-1760 for immediate Santa Clarita Real Estate assistance!

Click here to search the entire Santa Clarita MLS system - UPDATED HOURLY

Tract Directory for Santa Clarita - Over 500 tracts to browse through!