foreclosure: December 2009 the "Dawn of a New Day" for America! - 12/28/09 06:26 PM
Home prices have bottomed out!  The "Shadow Inventory" should be released and absorbed as buyers that have put their move on hold for 4 years are anxious to make their long awaited move!  In a healthy real estate market home change ownership about 10% per year.  There are millions of people that have been timing the market and now that they feel the market has started to turn around will be out looking for a home and bidding for the right home. 
The bursting of the real estate bubble lead us into this horrific recession and now the time has come … (3 comments)

foreclosure: Home Owners and Banks are working together to avoid foreclosing, you can help too! - 12/21/09 05:04 PM
The "shadow inventory" of homes that are due to be foreclosed upon may dissipate quickly as home owners, lending institutions, investors and banks are now working together to unload homes without having to foreclose.  Home Owners are now encouraged to attempt to modify their loans or show a hardship that has put them in financial stress.  Lenders are joining in to Short Sale homes rather than foreclose.  This benefits the Lender by allowing them to sell quicker and reinvest right away.  Sellers are able to avoid the permanent stain of a foreclosure on their record and may be able to buy a home … (0 comments)

foreclosure: Santa Clarita Valley Home Owners - Hold on to your homes! - 09/16/09 04:33 PM
September 16, 2009 9:17 PM
Believe me we are all in the same boat!  We have made it through the toughest part of the current recession.  Home Owners especially those in Valencia, Stevenson Ranch and all areas of the Santa Clarita Valley should be doing whatever possible to hold on to their homes. 
This last few months will seem quite long for those of us that are grabbing on to our last breath of air but the cavalry is coming to the rescue.  This is not the time to give up.  Homes are selling as they are being listed. Home prices … (1 comments)

foreclosure: Valencia, Santa Clarita Valley, Ca. Bank Owned Homes & SCV Updates! - 08/13/09 09:16 AM
Dear Past Present & Future Clienst,
(This is a copy of the August Newsletter sent to my clients, hopefully you one day!)
The banks have started to release homes in a steady but controlled pace. In the past 10 Day there have been 33 Bank Owned Homes listed in the Santa Clarita Valley.  The breakdown is:
Valencia 9 Stevenson Ranch 3 Canyon Country 8 Newhall 1 Saugus  7 Castaic 3 Agua Dulce 2 Acton  0 You can see all current Bank Owned homes on one page - Click here to see Bank Owned Homes in the SCV!   It is my … (0 comments)

foreclosure: Too late to catch the botom of the real estate market! - 08/06/09 10:30 AM
This letter was sent to a buyer waiting and waiting and waiting!!!
Hello (all of my clients),
 
It is my style to work within your comfort zone and never let you feel that I am being pushy or rushing you along.  Timing is everything in real estate and your family knows this market better than most Realtors.  However this is a time that it is essential that I let you know that there is some urgency.
 
For the first time in many years the number of sales has increased for 4 straight months.  This is an indicator that buyers … (0 comments)

foreclosure: Santa Clarita Valley Buyers and Sellers "Jumping through hoops!" - 07/08/09 10:13 AM
Buyers and Sellers are both discouraged for opposite reasons.
Buyers that have jumped into the real estate market are finding low inventories and having to compete for well priced homes.
Sellers are finding out that in order to sell they must price their home competitively with foreclosure, Short Sales and REO listings.
The biggest drawback for both buyers and sellers is that once a price is agreed upon it is nearly impossible to get the appraised value.
My Suggestions:
Be dedicated and committed to your success. Not buying could lead to missing out on current pricing or having to pay a … (0 comments)

foreclosure: Valencia & Santa Clarita, Ca. home sales & real estate Market in "Recovery Mode!" - 06/18/09 01:00 PM
June 15, 2009
Dear Home Buyers & Sellers,
"Buyer Beware" now takes on a whole new meaning!  Check out all of the indicators that our real estate market has turned around:
Home sales in the Santa Clarita Valley are up 20% Home sales in the San Fernando Valley are up 26% Interest Rates have jumped in the past week. Inventories are extremely low. Homes are receiving multiple offers. First-Time Buyer's Tax Credit expires November 30th - You must own your new home by that date to qualify for the $8,000 gift. The $10,000 incentive to buy a New Homes in California … (0 comments)

foreclosure: Buying a home in Valencia or the Santa Clarita Valley? - 06/10/09 03:08 AM
There are times we give advice like "The sky is falling" and it falls of deaf ears! I have been beating the drum to buyers of something similar to this. It has been my proclamation for 6 month now that if I were in a position to buy homes I would buy and keep buying until the market turned around.
Well, "the market has turned around" and prices are so low now that "Sellers" are making the decision as to who has the honor of owning their home. Look back at my interviews and writing and you will find a message … (0 comments)

foreclosure: June News Letter! Get off the Fence, Buy a home today!!! - 06/01/09 06:08 PM
Dear Potential Home Buyer,
There are currently 178 Single Family Detached homes priced under $400,000 for sale in the Santa Clarita Valley!
Qualified 1st time buyers get  $8,000 Tax Credit if buying before December 1 ‘09 Chances are the $8,000 may be used as a down payment soon. Home Prices have dropped nearly 45% in the past 3 years. Interest Rates are extremely low - Below 5% in many cases! FHA Financing allows a buyer to buy with as little as 3.5% down payment! Buyers can ask to have the closing costs paid for them! Example of buying a home at … (0 comments)

foreclosure: Get your seat belt on and get ready for one heck of a ride!!! - 04/13/09 05:48 PM
Mark this Date - April 13, 2009 as it may prove to be the day that homes in * the Santa Clarita Valley and other prestigious, safe and desirable communities in Southern California including Granada Hill and many others begin the hectic roller coaster ride called Real Estate Market Home Sale Recovery.
If you are one of the thousands of buyers sitting on the sidelines waiting to scoop up a home at the lowest price available you best grab on to a Experienced, Highly Educated, Knowledgeable & Caring Realtor that knows your likes, dislikes and price range.  Home Inventories are dropping, … (0 comments)

foreclosure: Jump in the water's fine! - 04/09/09 06:20 PM
Last chance!!!  You would like to say "I bought my home at the bottom of the market!"  This may be the bottom and there is a chance that the bottom has already passed!  One thing is for sure, Home prices are incredibly low in the better communities.  Valencia, Stevenson Ranch and many of the most desirable communities that make up the Santa Clarita Valley are already seeing competition for homes.  Inventories have fallen especially when you only consider homes that are actually going to sell in this market.  Sure, there are many overpriced listings.  These homes will not even get shown.  … (1 comments)

foreclosure: Should I Short Sale or allow my home to become another Foreclosure? - 03/16/09 04:39 AM
Should I Short Sale or allow my home to become another Foreclosure?
Of course the best thing you can do is keep your home! However home owners in America today may not have that option. The biggest benefit of a Short Sale is that your credit may be back to normal within 24 months where a foreclosure will hurt your credit for 7 years and perhaps longer.
The most important factors for selling via Short Sale are:
Seller's commitment to the process and willingness to assist with the success of the process.
Lender's Approval to allow the sale despite not being … (0 comments)

foreclosure: Valencia, Stevenson Ranch Santa Clarita home prices reaching the bottom! - 01/06/09 05:55 PM
Home prices have continued to plummet ever since the stock market melt down.  Homes were selling at a brisk pace before the crash in fact sales for many Realtors were approaching volumes not seen in 3 years.  This is a very good time to be a buyer.  Interest rates are approaching 5% for buyers shopping for a loan that have great credit.  Call Tony Lewis for an update on foreclosure homes or to find a great local lender offering incredible rates.  Tony's cell phone is 661-510-7975 and also see all current Bank Owned homes on his webstie www.TonyLewis.com You will have … (0 comments)

foreclosure: Valencia & Stevenson Ranch Homes garnering multiple offers! - 01/05/09 12:34 PM
Valencia and Stevenson Ranch California are two of the most sought after locations in and around the City of Los Angeles!  Located within 32 miles of Downtown Los Angeles with great schools, newer homes and among the safest cities in America these communities are in demand.  Bank Owned homes in these two areas are selling briskly and garnerning multiple offers in many instances.  Visit www.TonyLewis.com to view the newest list dated 1/1/2008 of all Bank Owned/Foreclosure homes in these communities as well as Castaic, Saugus, Newhall, Canyon Country, and the City of Santa Clarita, Ca.
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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

Tony Lewis

Summit Real Estate Group Valencia & Aliso Viejo

Valencia, CA

More about me…

Summit Real Estate Group

Address: 27720 Dickason Drive, Valencia, Ca., 91355

Office: (661) 510-7975

Mobile: (661) 510-7975

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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