buy: Looking to buy or sell? How about a Halloween Event?
- 09/27/22 09:16 AM
Family, Friends & Clients, Is there any reason to buy a house with the current rising interest rates? Rising Interest Rates have adversely impacted the purchase power of those of us hoping to buy a house or investment property. This will most likely lead to an eventual drop in house prices as well as an increase in foreclosures and short sales. There is a benefit to those hoping to purchase a house in the current atmosphere. Homeowners will be less demanding and more willing to negotiate on price and repairs. There will also be much less competition for that perfect house for the … (1 comments)
buy: Craziest Past Client Story, A Nightmare in Real Estate
- 09/17/22 09:54 AM
Let me start off with a little background. I come from a business background owning a mini-market with a deli and pizzeria. The Northridge Earth lead to us needing to sell and find a new career. I happened upon real estate and was already 45 years old with no prior knowledge of the field and no local contacts to speak of. I needed to reach out and work each and every lead to the maximum. This lead to me working with many people that seasoned agents would have ignored. My background lead to me working with Lloyd. The first call from Lloyd … (7 comments)
buy: Buy, Sell or Hold Real Estate Spring or Summer 2022
- 03/28/22 10:30 PM
Dear Friends, Family & Clients, Home affordability in Los Angeles County has plummeted to about twenty percent. You’ve heard the saying; “History Repeats Itself” well we should all be aware of what happened the last time prices rose at these rates for three years in a row. Home prices rose twenty-eight percent in 2006, twenty-two percent in 2007 and eighteen percent in 2008. This was followed by a nearly fifty percent drop in prices in many communities in the subsequent years. Honesty has been a hallmark of our real estate career and our advice has always been based upon the truth and serving … (3 comments)
buy: Ho Hum, Business as Usual in 2022
- 01/22/22 02:50 PM
Friends, Family & Clients, There appears to be great news for current homeowners and not the best news for first time buyers. A report be CoreLogic shows that the current mortgage delinquency rate is now at pre-pandemic levels. Mortgage delinquencies in October of 2021 are 3.8%. The mortgage delinquency rate before the pandemic in October of 2017 was 3.7%. Mortgage Delinquency is defined by being late by thirty or more. Want a Free Market Evaluation for you House or Investment Property? There are several reasons to purchase a house even during this extreme Seller's Market. The best reason is if you have a house … (2 comments)
What a sad year for all of us. We have been forced to live life as if we were a third world nation. Masks, home-bound, no indoor eating at restaurants, small businesses going bankrupt, many businesses hanging on by a thread, hospitalizations and loss of life is hurting our American Spirit. The Stock Market and Real Estate Market remain strong. Labor Day Weekend, just like Mother's Day, Father's Day, Memorial Day & Easter will not be as enjoyable of events as we usually enjoy. We, as Americans, will keep our eyes on the future knowing that better days are ahead … (14 comments)
buy: Coming on the Market Soon in Santa Clarita a 1-Story Home at $550,000
- 08/27/20 03:10 PM
Homes are selling briskly so learning about a listing before it reaches the market is a plus for many looking for a new home. Summit Real Estate Group has an incredible 3-Bedroom 2-Bathroom plus Office on an enormous corner lot coming onto the market. This incredibly beautiful home has new flooring, freshly painted, vaulted ceilings, remodeled kitchen, newer plumbing and windows a fireplace and fan lamps. It is priced to sell quickly at $550,000 Take a Virtual Tour & 3D Walk Through by "Clicking here" Call Us for more details or to set up a day and time to meet. Presented by your Friends … (7 comments)
buy: Buyers Beware, Sellers Rejoice Fall Season 2020
- 08/21/20 04:12 PM
Friends, Family & Clients, Home Inventory in California is at the lowest level since April of 2013. Demand for homes in at the highest since June of 2012. Current Inventory is 69% below one year ago. Mortgage Applications are up 27% over last year at this time. Interest Rates are driving up demand as the rates are below 3% for most buyers. This is a great time to list your home as the peak selling season which is traditionally in the springtime has been delayed until the present time due to the pandemic. Demand may wane as children return to school and we … (6 comments)
buy: Selling, Buying, Investing in a Home? Check out this Loan Information
- 08/11/20 03:37 PM
Friends, Family Clients & Future Clients, A Trusted, Local Lender sent us the following information >>> Interest Rates have been below 3.50% 12 months in the past 60 + years. Below 3% - 1 month in the past 20 years! 30 year conventional loans are in the High 2’s for the most part! 30 year Government Loans (FHA / VA) are in the low and mid 2’s High Balance Loans $510,401.00-765,600.00 are in the high 2’s and low 3’s Jumbo loans above $765,600.00 are in the low to mid 3’s. Bank statement loans – They are available with 15% down! Hmm, we … (2 comments)
buy: Looking towards the future, Tony & Dani Lewis Summit Real Estate Group
- 05/02/20 09:08 PM
Friends, Family & Clients, The future is uncertain due to the pandemic and home sales in California will most likely fall due to the corona-virus. However, home prices may stay at or near current values or even rise due to significantly lower interest rates. Stock prices and economic uncertainty is a cloud hanging over all of us. Our hope is for a V or U-Shaped-Recovery. Each day, week and month ahead will inevitably lead to significant changes. People returning to work, stay at home order ending and returning to a more normal and stable life will give all of us much needed … (1 comments)
buy: What Dave Ramsey (Debt Free Guru) won't tell you.
- 01/12/20 06:50 PM
The quickest and safest way to become a millionaire is through home ownership. The secret to becoming a multi-millionaire is by getting into debt. The reason is simple. It is called leverage. We can buy a primary residence of $500,000 with a $15,000 down payment. Real Estate in California traditionally appreciates around 6% to 7% per year. This is a great return on your investment. However, that is not the benefit. Consider that you have only invested the original 3% your return over ten years may rise to well over $250,000. This is a return of about 17 times the original … (5 comments)
buy: Christmas, Boat Parades, Ice Skating in Southern California in 2019
- 12/14/19 03:10 PM
Dear Friends, Family & Clients, "Jingle Bells, Jingle Bells, Jingles all the way" The Holiday Season brings us all closer together than any other time of year. We put down our differences and celebrate together as one happy family. Dani & I have been busy as Santa Claus' Elves getting these Holiday Sites Ready for you:
Christmas Events in Santa Clarita, Los Angeles & Southern Califronia
Holiday Boat Parades in Southern California
Ice Skating in Southern California Dani & I have been serving the public as a team since opening a market together in 1979. We began our real estate career in 1996 and have been … (5 comments)
buy: Happy Thanksgiving, make reservations early, see events in California
- 11/11/19 02:42 PM
Happy Thanksgiving, Did you know The first Thanksgiving was celebrated by 50 Pilgrim over a three day period in 1621 There was no Turkey on the table but there was Venison, Duck, Goose, Oysters, Lobster, Eel along with Cranberries and Pumpkin Pie. Abraham Lincoln proclaimed Thanksgiving a holiday on October 3, 1863 President George H. W. Bush is the President that formulized the Turkey Pardoning Tradition in 1989 There are four towns called Turkey located in Arizona, Texas, Louisiana, & North Carolina The average number of calories consumed on Thanksgiving is 4,500 The Butterball Turkey Hotline answers more than 100,000 questions eash November and … (6 comments)
Labor Day Events & Things to Do in Southern California
Presented by your friends and Realtor, Tony & Dani Lewis RE/MAX of Valencia www.TonyLewis.com tonyglewis@yahoo.com Looking to Sell or Buy a home or need information? Call or Text us at 661-510-7975
Check out these Events & Things to do 4th of July 2019
Presented by your Friends & Realtor, Tony & Dani Lewis RE/MAX of Valencia www.TonyLewis.com tonyglewis@yahoo.com Call/Text us at 661-510-7975 with your real estate questions or to List or Buy a home. … (4 comments)
buy: Happy Easter from Tony & Dani Lewis Summit Real Estate Group
- 04/14/19 01:27 PM
Happy Easter, Easter begins the unofficial start of the home selling an buying season. This is the time of year when buyers come out of the woodwork, competition for well located homes increases and we begin to see multiple offers. This is a great time for those of you looking to make a move to prepare your home for sale. The least expensive improvements include landscaping, painting and cleaning or replacing the carpet. Declutter your home as a home looks more comfortable with less furniture. Cleanliness is essential. No dirty clothes on the floor or dishes in the sink. Buyers judge how … (2 comments)
buy: What is a better Valentine's Day Gift then a New Home?
- 02/05/19 12:21 AM
Dear Friends, Family & Clients, The heart knows the love of health, happiness, family and a wonderful home. This is a great time of year to fulfill your lifelong dream of home ownership. It is also an incredible time to find a new home in a better location that fits our present family needs. The future appears to be bright, prices continue rising at a sustainable pace. Interest Rates have dropped recently and there is no rise in the horizon. Give a Valentine's Day Gift that will bring love to your entire family. Let's find you a new home. Let us know … (2 comments)
Happy New Year 2019Check out these Events & Things to doNew Year's Eve & New Year's Day 2018/2019Santa Clarita, Los Angeles & Southern California
Every year brings new challenges. 2018 was no different. Rising interest rates, an unstable stock market, a trade war, fires, floods, our neighbors have endured many obstacles in 2018. 2019 brings new hope and promise. The American Dream of Home Ownership is alive and well. With little money down we can own our dream home or starter home at a good price with pretty good interest rates. Dani & I look forward to helping you … (2 comments)
buy: Labor Day Events 2018 & New Listing in Santa Clarita, California
- 08/15/18 01:38 PM
Dear Friends, Family & Clients, The local real estate market has taken a breather due to rising interest rates, higher prices and summer vacations. School is about to begin so there should now be an uptick in the market until the end of October. This is great time of year to put your home on the market. Would you like to know the current value of your home? We can meet with your or send the evaluation via email. New Listing not in the MLS with a View of Castaic Lake4-Bedrooms plus a Bonus Room 2,208 Sq. Ft. Built 2001Take a Virtual Tour … (15 comments)
buy: Rent Control - Good or Bad? 4th of July Events 2018
- 06/24/18 05:26 PM
Family, Friends & Clients, There seems to be differing views of what is right or wrong when it comes to the real estate market. Ask someone if they like rent control and the answer from home owners and investors is polar opposite from those that are not home owners. Rent control makes owning an investment property a bad investment. Take the career of a Realtor such as us. We have no pension and could never survive on savings or social security so we have invested in rental properties as a way to secure our financial future. Prices rise every year and the … (3 comments)
buy: Schools Out For the Summer & Starts August 16th (Father's Day Events)
- 06/13/18 07:12 PM
Homes sales are slowing down for several reasons. Prime reason is lack of inventory, followed by rising interest rates and then homes being listed at a price above what a will buyer will pay. We are now seeing price reductions often in all areas of the Santa Clarita Valley. Home prices have risen significantly since the start of 2018 and with higher prices and interest rates the average days on market has continued to fall. The Median Price with all areas of the Santa Clarita Valley included stands at $544,425. The average days on market is about three weeks or less. … (1 comments)
Real Estate in my opinion. The idea of this blog is to communicate the current state of real estate and home sales and listing information as it relates to residents of Valencia, Stevenson Ranch, Saugus, Castaic, Newhall, Canyon Country, the Santa Clarita Valley and Santa Clarita, California. This information will help people in Los Angeles, Los Angeles County and the state of California to see how homes and real estate is progressing in one of Southern California's premier communities!
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