Extremely Low Inventory in Santa Clarita! and aroud the country!

By
Real Estate Agent with RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident BRE# 01215778

Dear Clients, Friends & Fellow Realtors,

There is both good news and bad news for home buyers at this time.  The bad news first, competition for homes is as high or higher than it has been since the downturn began in October of 2005.  There is a lack of homes for sale.  Homes priced right, in good condition and good locations are selling quickly with multiple offers as they hit the market.

The good news is that for the first time in many years there is finally some assurance that home prices are either stable or rising.  This may mean that we have finally passed the bottom of the market which will lead to the stability long awaited in the real estate market.  Home Ownership has long been a goal for most and now there is the much needed confidence that it is also a sound investment in the future!

 
I have been through this transitional period and offer this advice, "don't look back at what you could have bought a home for, look forward to what the home will be worth in the future!"  Buyers that are well qualified, have loan approval & will do what it takes will be the beneficiaries of extremely low interest rates and unrealistically low property taxes.  Those that are unwilling or unable to compete will pay a premium!

I have done everything possible to keep my clients informed and show the value that I bring to the table.  Please call, text or email and let me know if you or those you know are looking to sell or buy a home in this incredible changing real estate market.

Take a look at just how low the inventory is in the Santa Clarita Valley:

City                             Active Listings   Bank Owned      Short Sales         Standard Sales

Valencia                            123                5                           41                         77

 

Stevenson Ranch                24                1                             8                         12

 

Castaic                                29                3                            13                        13

 

Saugus                                86                 12                          43                        31

 

Newhall                              68                 6                            17                        44

 

Canyon Country               103                 10                           31                       62

 

Check Out These Valuable Links:

 4th of July is just around the corner -Fireworks Shows Santa Clarita, Los Angeles & California

 Thinking of Selling or Want to avoid a Foreclosure?  Call Tony & Refer a Friend too!

 Search for your new home & have new listings sent to you as they are listed!  Call Tony & Refer a Friend!

 
Your Friend & Realtor,
 
Tony Lewis * RE/MAX of Valencia www.TonyLewis.com tonyglewis@yahoo.com 661-510-7975
 
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Tony Lewis

Summit Real Estate Santa Clarita & Aliso Viejo
Home values are rising, want to know the value of your home?
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