Thumbnail image for Santa Clarita Valley & California Home Sales Post Higher In February

Santa Clarita Valley & California Home Sales Post Higher In February

by judilarsen March 22, 2012 How Much Is My Home Worth?

Recent improvements in the overall economy, combined with extremely low interest rates lifted California home sales from both the prior month and year in February, according to data from C.A.R. The median price dipped fr om January but is beginning to show signs of stabilization.

“While the median home price dipped in February, the year-over-year decline …

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Thumbnail image for Santa Clarita Real Estate Update-Sales in California Up in February, Median Prices Down

Santa Clarita Real Estate Update-Sales in California Up in February, Median Prices Down

by judilarsen March 19, 2012 Latest News

Home sales in California showed signs of improvement for February compared to the previous month of January and year before in February 2011, according to data from the California Association Of Realtors (C.A.R.).

For February, sales were up 2.1 percent from January’s revised 517,120 and up 5.5 percent from the revised 500,480 sales pace recorded a …

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Thumbnail image for Treasury Announced a $25B Return Through its MBS Portfolio

Treasury Announced a $25B Return Through its MBS Portfolio

by judilarsen March 19, 2012 Latest News

Through $225 billion in mortgage backed securities (MBS) investments, the U.S. Department of the Treasury announced a return of $25 billion for taxpayers through its portfolio. The Treasury invested in the MBS between 2008 and 2009 through the Housing and Economic Recovery Act of 2008. The purchases were made to preserve access to mortgage credit …

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Thumbnail image for Positive Outlook for Santa Clarita Real Estate – Consumers’ attitudes stabilize in February

Positive Outlook for Santa Clarita Real Estate – Consumers’ attitudes stabilize in February

by judilarsen March 8, 2012 How Much Is My Home Worth?

Americans’ concerns about key economic and housing issues are beginning to subside, according to results from Fannie Mae’s February 2012 National Housing Survey. Consumers’ attitudes have stabilized across most indicators – including personal finances, housing, and employment – demonstrating their sense that downside risks have abated somewhat compared with late summer and fall of 2011.

Highlights …

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Thumbnail image for Median Home Prices for Valencia vs Average Days on Market

Median Home Prices for Valencia vs Average Days on Market

by judilarsen March 5, 2012 Latest News

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Thumbnail image for Santa Clarita Real Estate-Short Sale Soundoff: Proposed bill to speed up short sale process

Santa Clarita Real Estate-Short Sale Soundoff: Proposed bill to speed up short sale process

by judilarsen March 5, 2012 How's The Market

Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) proposed a bill addressing the issue of short sales timelines on Feb. 17.

The legislation, also known as the Prompt Notification of Short Sale Act, will require a written response from a lender no later than 75 days after receipt of the written request from the …

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Thumbnail image for Santa Clarita Real Estate News – Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Santa Clarita Real Estate News – Housing Crisis to End in 2012 as Banks Loosen Credit Standards

by judilarsen February 15, 2012 Latest News

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one …

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Thumbnail image for Million Dollar Homes Listed In Valencia!

Million Dollar Homes Listed In Valencia!

by judilarsen February 8, 2012 Deal Of The Month

 

Showing properties
1 – 6 of 6.

See more 91355 zip code real estate.

(all data current as of
5/19/2012)

$1,125,000
:
27016 Woodlands Drive, Valencia

5 beds, 5 full baths
Home size: 4,305 sq ft
Lot size: 16,557 sqft

Year built: 2002
Parking spots: 3
Days on market: 44
Walk Score®: 45

$1,250,000
:
24821 Los Altos Drive, Valencia

5 beds, 6 full baths
Home size: 4,567 sq ft
Lot size: 9,862 …

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Thumbnail image for Now Is An Excellent Time To Buy A Home In Santa Clarita!

Now Is An Excellent Time To Buy A Home In Santa Clarita!

by judilarsen February 8, 2012 How's The Market

Now is an excellent time to buy a home in Santa Clarita due to consumer home price expectations continuing an upward trend.  Fannie Mae’s latest National Housing Survey shows that the majority of Americans continue to expect no change in mortgage rates over the next 12 months. However, their expectations for home prices have improved for …

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Thumbnail image for Housing Market Picture Brightens in Santa Clarita Real Estate

Housing Market Picture Brightens in Santa Clarita Real Estate

by judilarsen February 6, 2012 Latest News

Housing Market Picture Brightens with Job Gains:

 

The pace of job creation surged in January, with the US economy generating 243,000 new positions while the unemployment rate dropped to 8.3 percent, according to government data released Friday.

Both numbers were far better than the consensus estimates, which expected a growth of 150,000 jobs and a steady unemployment …

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