market value: It's great to be a homeowner in 2023 - 05/25/23 12:18 PM
​​Friends, Family & Clients,
The American dream remains homeownership. It is still the best long-term investment. The tax benefits, for the time being, are exceptional.  The projection of a 7 percent annual appreciation is another major benefit.  Equity, which is like a savings account, increases with every monthly payment.  Purchasing a home helps you to build long-lasting relationships with your neighbors, become part of a community, and provide ongoing stability for you and your family.  Having a fixed-rate mortgage provides comfort in knowing that your monthly payment will remain the same over the life of the loan, whereas rent costs can go … (2 comments)

market value: Are we headed to a Recession? Thanksgiving Events 2022 - 11/05/22 06:13 PM
Dear Family, Friends & Clients,
 
Home Prices have risen approximately 40% over the past three years.  Prices have declined about 10% since the first of the year.  Rising interest rates, out of control inflation and the Russian invasion of Ukraine are key factors causing the decline in prices.  The big question is "where do we go from here?"  The chance of a recession or soft landing remains a mystery. A great reason for optimism is that lenders learned from past mistakes and utilized wise lending practices ever since the market crash of 2008.  
Homeowners, even if behind on their mortgage, mostly have … (2 comments)

market value: Will Rising Interest Rates Crash the Real Estate Market? - 05/14/22 11:44 PM
​​Dear Clients, Family & Friends,
We are in the midst of run-away inflation.  The Fed is determined to slow it down by steadily increasing interest rates.  Higher rates will lower the amount of a mortgage loan a buyer will be able to borrow.  This may not lower demand but increase bidding wars on lower priced homes.  My experience from the past shows that it will take several months or even a year for sellers to begin to lower their list price significantly.  
This is a time that a homeowner thinking of selling needs a seasoned, professional Realtor more than ever.  A homeowner … (1 comments)

market value: Our Newest Listing is Coming Soon in Santa Clarita - 04/24/21 11:22 AM
Friends, Family & Clients,
Coming Soon, a 4-bedroom 1-story home with an incredible pool sized backyard.  This marvelous home was built in 1880 and has No HOA Fee & No Mello Roos!  It will be in the MLS on Thursday April 29, 2021.  Call or Text us at 661-510-7975 to be the first to see it.  Please share this email with your family and friends.
Take a Virtual Tour of the home at 17003 Canvas Street
President Biden and Congress are hoping to change tax laws.  Home ownership benefits may be at stake.  We, as homeowners, have the most to lose so give us … (5 comments)

market value: Happy Labor Day Weekend, check out these events and things to do 2019 - 08/29/19 04:25 PM
Happy Labor Day Friends, Family & Clients,
 
Labor Day Weekend has arrived. We, as Americans, work harder than most people in other nations. This is the Holiday dedicated to the Fruits of our Labor. This is also the unofficial last hurrah of the Summer. Let's all have a wonderful time and Please Bring 'em back Alive and Safe.
 
 
 
Find an Event & Things to Do this Labor Day Weekend in Santa Clarita, Los Angeles & Southern California
 
Would you like to see homes this Labor Day Weekend with us? We have a 4-bedroom Townhouse in the newest Lennar Valencia community of West Creek. The … (1 comments)

market value: Selling Season is about to begin! - 01/19/14 03:55 PM
Dear Clients, Friends & Fellow Realtors,
We're at the cusp of the annual change from a buyer's market to a seller's market.  Homes have been sitting on the market unsold much longer than at any time in the past two years.  Buyer's have noticed this and responded by waiting for prices to drop or the holiday season hangover to end.  This is not a new phenomenon though.  For some reason, year after year, buyers wait until competition grows and the media expresses the shortage of listing as well as the multiple offer situation before deciding that it is time to … (0 comments)

 
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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