sellers market: Ho Hum, Business as Usual in 2022 - 01/22/22 02:50 PM
​​Friends, Family & Clients,
There appears to be great news for current homeowners and not the best news for first time buyers.  A report be CoreLogic shows that the current mortgage delinquency rate is now at pre-pandemic levels.  Mortgage delinquencies in October of 2021 are 3.8%.  The mortgage delinquency rate before the pandemic in October of 2017 was 3.7%.  Mortgage Delinquency is defined by being late by thirty or more.
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There are several reasons to purchase a house even during this extreme Seller's Market.  The best reason is if you have a house … (2 comments)

sellers market: Will your decision today change the future? - 03/20/16 04:11 AM
Spring of 2016 enters with a shortage of housing.  Rising prices and the potential of the rise of interest rates will make it more difficult for first time buyers to compete for a home.  Pent up demand with many buyers sitting on the fence continues to fuel the unlimited supply of buyers for the dwindling inventory.  Compound this with the fact that Millennials, about 83.1 million, now outnumber Baby Boomers.  The housing market has recovered since the start of the recession in 2006.  However prices are still below the prices at the peak of the market.  There are more qualified buyers … (2 comments)

sellers market: Finding your new home in the Winter of 2016 - RE/MAX Tony & Dani - 01/17/16 07:28 AM
Dear Clients and Friends,
Winter is here and the holidays are a distant memory.  Time to get back to Listing, Selling, Buying and Investing in real estate.  This is a perfect time to buy a home as well as a perfect time to sell a home should you also be buying another home.  Prices are rising at an alarming rate especially considering the time of year.  This Springtime could be another Seller's Market in which there is lack of inventory and too many buyers.  Let's get out and find your new home.  It would be great to list your home as well … (3 comments)

sellers market: 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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