propertry: 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)
propertry: 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)
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!