realtor: Home Prices Dropped more dramatically than you think, see the chart!
- 03/04/13 12:44 PM
The real estate bubble created from 1997 to July 2006 was unprecedented. The current rise in prices looks to surpass this recent history. There are no simple answers. The only ways to slow down this price escalation is to either raise interest rates or stop FHA & VA Financing and require larger down payments. Congress has also suggested taking away the tax benefits. The cure is worse than the illness.
(Chart provided by Case Shiller)
Your Friend & Realtor,
Tony Lewis
RE/MAX of Valencia
www.TonyLewis.com tonyglewis@yahoo.com Cell – 661-510-7975
… (1 comments)
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realtor: What does MLS mean and why does it exist?
- 01/26/13 03:09 PM
MLS stands for Multiple Listing Service and what this means is the Brokers, Realtors and their companies list their homes in a platform that allows all agents to show homes from any agent or company that wishes to enter their listing in this MLS.
The MLS exists in order to bring the most qualified buyers in and allow the home to be shown by any Realtor that is licensed in this real estate board. The MLS is the best way to benefit both sellers because they can garner the top offer. It benefits buyers because a Realtor is allowed to … (7 comments)
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realtor: Merry Christmas to All & to All a Good Night!
- 12/20/12 07:28 AM
Dear Clients, Family, Friends & Fellow Realtors,
We wish you a Merry Christmas and Most Enjoyable Holiday Season.
Dani & I have created a Holiday Event Page for you and your family! This may be your last chance to take advantage of lower home prices while also locking in lower Property Taxes and Interest Rates. The amount of active listings in all areas of the Santa Clarita Valley is staggering. There are now only 248 active listings. For a comparison there were 454 closed sales in the month of July of 2005. Too many buyers and not enough homes to purchase … (1 comments)
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realtor: Real Estate Market Recovery is too late...
- 11/17/12 07:12 AM
Dear Friends, Clients & Fellow Realtors,
We are finally in the midst of a long awaited and needed recovery for the real estate market. This is good news for home owners and great news for our nation. The down side, however, is that the damage has been done and too many home owners will continue losing their homes over the upcoming years.
Interest Rates have defied all financial rules as they continue at historic lows despite all of the multiple offers and extensive numbers of buyers looking to purchase a home.
This is one of those rare times in real estate … (4 comments)
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realtor: Halloween in Santa Clarita & So California Created byTony & Dani Lewis
- 10/25/12 04:49 AM
Dear Friends, Clients & Fellow Realtors,
Dani & I have lived in the Valencia area since 1980. Our two daughters were born and raised in this incredible community. Halloween has been special to us as parents! It was fun seeing their costumes and sending pictures to family. It was also special seeing their response to other kids. Halloween was an incredible learning experience and teaching time. It was a time to teach the difference between make believe and reality. Year after year our daughters looked forward to this annual event. Choosing their own costumes and trick or treating with friends was so … (2 comments)
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realtor: Labor Day Weekend Events, Carmagedden for Santa Clarita & Los Angeles!
- 08/29/12 08:56 AM
Dear Friends, Family, Clients & Fellow Realtors,
Where has the summer gone? School back in session and Labor Day weekend is about to begin!
Dani and I wish you a most enjoyable end of summer Labor Day Weekend. Be Safe, drive carefully and watch out for the other guy or gal since they may not be watching out for you!
Dani & I have put together a list of Labor Day Weekend Events in Santa Clarita, Los Angeles & California!
Let us know whether you would like to meet after the holiday to discuss either the current market value of your … (0 comments)
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realtor: Our Changing Market!
- 08/12/12 05:28 AM
Dear Clients, Friend & Fellow Realtors,
Every major economic recovery in America has been led by the real estate market. It looks like we are in the midst of the big recovery right now! Take a look at these statistics in the local Santa Clarita Valley real estate market. (Valencia, Stevenson Ranch, Castaic, Saugus, Newhall & Canyon Country make up the Santa Clarita Valley)
· Homes with two bedrooms or more priced under $200,000 - 31
· Active Listings in Stevenson Ranch - 18
· Homes in Valencia priced under $500,000 - 42
· Active Listings in the entire Santa Clarita … (0 comments)
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realtor: 4th of July Fireworks Shows in Santa Clarita, Los Angeles & So.Ca. '12
- 07/01/12 04:08 AM
Dear Clients, Friends & Fellow Realtors,
Dani & Tony Celebrate Our Freedom! Happy Independence Day!
4th of July Fireworks Show & Events Santa Clarita, Los Angeles & California
Valencia, Ca. "4th of July Celebration at the Westfield Town Center Mall"
Stevenson Ranch at Rioux Park is Back Again!
Newhall, Ca. "4th of July Parade" Old Town Newhall
Newhall, Ca. "2012 Independence Day Classic Race" 8AM at Newhall Park
Castaic Lake 4th of July Day Event & Fireworks Show
17th Annual "Hansen Dam 4th of July Spectacular" starts at 11AM
Los Angeles "4th of July Fireworks Extravaganza at Exposition Park"
Hollywood Bowl "Barry Manilow & Fireworks" July 2, 3, 4
Porter Ranch, Ca. … (1 comments)
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realtor: Banks halt foreclosures, this may help everyone except those losing their homes!
- 10/09/10 03:50 PM
It looks as though the long expected flood of foreclosures, also called the shadow inventory, has once again been put on hold. There are irregularities in the title of many foreclosure properties and this must be dealt with prior to releasing homes by the banks. This is a reprieve for those in foreclosure and may allow them a place to live for free for an extended period of time.
Following are some of the results of this delay:
Lenders may finally work to unload properties easier as a Short Sale allowing more home owners avoid a Foreclosure on their record. There … (6 comments)
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realtor: The "hangover" from the tax credit seems to be coming to an end!
- 09/30/10 07:37 PM
Realtors are now complaining that they are running into multiple offers here in Southern California. I know that all of a sudden leads are popping up and people are responding to my messages and setting up appointments. It is amazing how the human mind or the American mind seem to have a rhythm and be in tune with a common sync. I know from my days in the retail business all of a sudden there would be a run on a product that never sell.
Let's hope that this time the well gets primed and can run smoothly for a … (3 comments)
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realtor: Buying a home is more like dating then getting married!
- 08/29/10 07:31 AM
Choosing a home to buy and live in is much more like dating then getting married or at least it should be! Many buyers start off looking for the right home for the rest of their lives. However, homes are sold regularly and most people live in the same home for less then five years. It is really funny to see people buy their "last" home only to call within a few years looking for another home.
So, just like dating, find the right "now" fit that will make you happy at this time and keep in mind that this home … (1 comments)
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realtor: I need to sell my home but there are so many foreclosures to compete with!
- 08/26/10 06:45 PM
There are many people in a position of wanting to sell their home for many reasons such as:
They have lived in the same home for too long and want to make a change Their family has grown and they need more rooms They are empty Nesters and want to down size to a smaller home They want to move closer to family They want to move to a different community, city or country Their mortgage is too high and want to lower their monthly payment They are worried about the possibility of losing a job and concerned about the future … (3 comments)
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realtor: Location, Location, Location! You need to know what this really means!
- 08/19/10 11:02 AM
The phrase is sometime totally misunderstood. The most important factor when buying a home is the location by far. However, the location is relative to the price range and community desired. The best location is most desired but the best location with homes in the price range is more practical. We can't all live in Beverly Hills or The Hamptons which would be highly desired locations.
The best location for the price is determined by several factors including:
Safety Quality of Schools Demand for the homes Commute Closeness to Freeway Also within the best community there are factors that make a … (2 comments)
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realtor: Double Dip in Home Sale seems inevitable!
- 08/11/10 05:59 PM
All the signs are pointing to major trouble in real estate which is detrimental to pulling out of the worst recession since the great depression. Failure in creating new jobs, the end of the federal tax credits for home buyers and a schizoid stock market have lead to extremely low levels of consumer confidence.
Meanwhile the inventories needed just a few short months ago are now starting to flood the real estate market. These listing are now making the inventories rise and causing homes to stay on the market too long. This excess inventory could lead to the much feared double … (8 comments)
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realtor: The Real Estate Market has Changed! - Tony Lewis * RE/MAX of Valencia
- 07/19/10 06:49 AM
Newsletter to Clients and Friends sent July 18, 2010
The pace of home sales has taken a breather. The tax credits, end of the recession and stock market recovery lead to homes being sold with multiple offers as the reached the market. The tax credit program ended April 31st, the stock market went south, the BP oil disaster all have lead to a major drop in consumer confidence.
This is a great time for those of you that were frustrated in your attempt to buy a home to give it another try. It is also a great time for those of … (0 comments)
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realtor: I want to sell my home! Do I need a local Realtor?
- 07/09/10 08:05 AM
Inexperienced Sellers start their search for a Realtor with one questions! How much is the Commission? The next step is to find the fastest talking Realtor with the best canned speech that will work the cheapest!
There is not a best first question but a series of improtant issues to be addresed. Here they are in no particular order:
How long have you been a Realtor? How long have you lived in my community? How well known is you real estate company? How often will you be in contact with me? Will I be able to reach you when I need … (4 comments)
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realtor: Ready, Fire, Aim! Home Buying done wrong!
- 07/07/10 04:17 AM
Many home buyers start their search for a home when they are "Ready!" The next thing many will do is start looking at homes. They will attend Open Houses or search the Web for homes that fit their interest as far as location, number of bedrooms, maybe have a pool and definitely the most desirable looks they can find. The are now ready to "Fire!"
Now to this buyer it is time to find a Realtor or speak with the Listing Agent and make an offer. The next step is to "Aim!" The Ready Fire Aim process sets up a buyer … (3 comments)
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realtor: Interest Rates will Rise as will monthly payments! Buy a Home Now!
- 06/19/10 08:41 PM
It is not a question of will interest rates go up but how much longer will they remain at 25 year lows. Buying a $400,000 home today at 5% interest rate over 30 years will cost about $2,147 per month. When that same $400,000 is purchased once interest rates rise to 6% the same home will cost $2,398 per month. This means the the same home will cost about $250 more per month.
Another way to look at this $250. per month is that the same home that you can buy today at $400,000 with an extra $250. per month will … (2 comments)
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realtor: Why not buy or sell a home without a Realtor?
- 05/27/10 07:01 PM
A buyer would be foolish to buy a home without representation of their Realtor. First off the buyer doesn't pay for the professional services that years of training provide. Should a buyer go out and find a home on their own the listing agent will then collect double commission so the buyer has a Realtor even though they didn't seek one!
A Buyer's Realtor will know the MLS listings and should have the local knowledge to the benefit of the buyer. There are many other benefits such as the Realtor may have contacts to find the perfect home for the buyer that … (3 comments)
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realtor: Just Listed 5 Bedroom on 1/3 Acre in Santa Clarita, Ca. $499,950
- 05/21/10 10:14 AM
Check out this incredible 5 Bedroom home that I just listed in Santa Clarita, California 91387
www.27909hatridgelane.z57websites.com.showcase.z57.com
Your Friend & Realtor,
Tony Leiwis RE/MAX of Valencia, Ca. www.TonyLewis.com tonyglewis@yahoo.com 661-510-7972
… (2 comments)
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The real estate bubble created from 1997 to July 2006 was unprecedented. The current rise in prices looks to surpass this recent history. There are no simple answers. The only ways to slow down this price escalation is to either raise interest rates or stop FHA & VA Financing and require larger down payments. Congress has also suggested taking away the tax benefits. The cure is worse than the illness. 
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