What's Going on with the market? also Halloween Events in 2018

By
Real Estate Agent with RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident BRE# 01215778
https://activerain.com/droplet/5fHv

Family, Friends & Clients, 

This past year has brought many significant changes to our local real estate market. Interest rates have risen by nearly 1% as the Dow Jones Industrial Average has risen by as much as 3,800 points. Unemployment has dropped to as low as 3.7% and home prices in many areas are up as much as 10%.

Our local real estate market has taken a breather due to the rising interest rates and uncertainty with a potential trade war. The Stock Market has been turbulent and home affordability has continued to drop.

You might think that this indicates the bursting of a bubble. I don’t believe there is a bubble at all. Home prices are in line with the long-term average growth. There are more people ready and able to buy than there have been in many years. People have more money than they have had in a generation. We are only feeling the affects of a pause in demand. People will begin to buy once there is a sign that they will miss out. This traditionally off season might surprise many and be one of the hottest buying holiday and winter seasons in quite a few years.

 

 

 "Click Here for us to give you the current market value of your home"

 

 

 

4-Bedroom plus Bonus Room close to Castaic Lake and the New Castaic High School $479,950

 

 

"Click Here to see Halloween Events in Santa Clarita, Los Angeles & Southern California"

Are you ready to start seeing homes with us this year? Let us know about the homes you would like to see with details such as price range, number of bedrooms, locations of interest and other details. We will save your criteria in our MLS System and update you with new matching listings as the hit the market.

 

Your Friends & Realtor,

Tony & Dani Lewis RE/MAX of Valencia

www.TonyLewis.com tonyglewis@yahoo.com

Call/Text us at 661-510-7975

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Santa Clarita
Groups:
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Tags:
realtor
los angeles
mls
santa clarita
valencia
southern california
update
real estate market
halloween
real estate
california
four bedroom
remax
homes
castaic lake
2018
tony lewis

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Welll in my area not much has changed WE have been staying steady all year

Oct 13, 2018 07:12 PM #1
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Tony. Like the oceans real estate has high and low tides. Ride the waves. It will pay off! Enjoy your day!

Oct 14, 2018 05:12 AM #2
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Rainmaker
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Tony Lewis

RE/MAX Valencia, Stevenson Ranch, Santa Clarita
Home values are rising, want to know the value of your home?
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