Dear Clients & Friends,
Home ownership is back on the top of the list for most Americans when they speak of the American Dream. This is a positive change considering how taboo it had become just a few years ago. Home prices in most areas are at or near the value seen in 2008 when the bottom fell out of the the real estate market. Home prices continued rising for the next two years but sales numbers fell off the table.
Homes are once again selling at pre-recession numbers as consumer confidence has returned and interest rates remain well below normal. Many fear that another bubble has been created but if history repeats, home prices should continue to rise for another seven or so years. The last time the real estate market crashed it dropped about 33%. During that recovery home prices not only returned to pre-crash prices but went up an additional 225%.
We will hopefully have a much more stable recovery this time. The lending institutions and government should have learned this time around not to stimulate buyers with such incentives as zero down, stated income, negative amortization and the other ridiculous programs previously utilized.
We are working with several home owners looking to put their homes on the market. There is a top quality pool home on a third of an acre in Stevenson Ranch with 5 bedroom and over 3,500 sq. ft. that should be on the market shortly. There is another Stevenson Ranch home priced around $550,000 that could be on the market in the upcoming weeks. There are homes in Valencia's West Creek community which offers the only school with an international program that may be available towards the end of Summer. We have several Brand New Homes as well in Valencia, Saugus & Canyon Country. We will help you find the best priced home and location as well as the incentives for new homes. Call us of a tour, we need to be with you on your first visit.
Thinking of selling your home? We will assist your with the current market value as well as suggest the best list price. We have the needed experience and expertise to bring you that much needed added value. We can also help you find your new home locally or find the best Realtor in your new community that works the way in which we do.
Looking to buy a home? We will send the best matching listings and update you with new listings as they are listed. You have our 37 years of local Valencia & Santa Clarita knowledge and experience on your side. Call, Text or Email us anytime, day or night, selling or buying a home are just too important to let time pass. We appreciate you for your trust!
Your Friends & Realtor,
Tony & Dani Lewis RE/MAX of Valencia
Call or Text us at 661-510-7975