real estate: Real Estate Market is Recovering - Tony Lewis * RE/MAX of Valencia, California
- 10/07/09 04:39 AM
Recently sent to my clients: Dear Buyers, Sellers & Investors, Signs of a solid and stable real estate market recovery continue. Following are the signs: Nationally home sales rose last month by 6.4% This is the 7th straight month in which home sales have risen The current streak is the longest since 2001 Pending home sales rose in the Western States by 16% Home Prices rose by 1.6% last month nationally Home Prices in the Los Angeles are rose by 1.8% Mortgage Rates for a 30 year fixed loan dipped to 4.9% Mortgage Rates are now approaching a 40 year low … (2 comments)
real estate: Thinking of Buying or Selling a Home? Tony Lewis * RE/MAX of Valencia
- 09/08/09 04:09 PM
This is the September Newsletter sent to my data base. Dear Buyers & Sellers, Buyers and Sellers are jumping back into the current real estate market! Sellers are now getting multiple offers as their homes are most in demand since Bank Owned Homes are receiving multiple offers and Short Sale Listings have discouraged many buyers. Let me know if you would like the current market value of your home, a suggested list price, expected sales price & time it should take to sell! Buyers are now being driven by fear! Fear is one of the strongest motivators of … (0 comments)
real estate: Valencia & Santa Clarita, California Homes are Selling, Finally!
- 08/21/09 01:11 PM
Financial Institutions released information last Fall that was so devastating that in lead to the Stock Market crash. The Dow Jones Industrial Average fell for a peak of just over 14,000 Point to a low of around 6,500 Points. This was all predicated on the Bubble Bursting in Real Estate. Loans that had been made on properties valued as much as 50% below purchase price were unsecured. Borrowers walked away for their homes leaving financial institutions holding the bag. The consumer had to bail them out. This plummeted the stock market which hurt every American. This hurt the rest of the … (0 comments)
real estate: Riding the bottom is rough on all of us!
- 08/12/09 06:32 PM
The collapse of the real estate market began in October of 2005. The peak of the market in regards to the peak pricing didn't get reached until the middle of 2006. Currently any home bought before early 2003 is worth less than it was when it was purchased. Many people were expecting and welcoming the collapse of the real estate bubble not realizing that this industry feeds every other industry directly or indirectly in the United States of America. So indirectly our real estate crash is responsible for the economic turmoil throughout the world. I have constantly state that buying a … (3 comments)
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)
real estate: 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)
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!
Recently sent to my clients:
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