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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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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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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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Santa Clarita Valley Homes – Short Sale Process

by judilarsen January 31, 2012 How Much Is My Home Worth?

It is very important for consumers to do their homework. The short sale process can be uncharted waters for many home buyers and sellers, therefore it is necessary to understand exactly what you are getting yourself into. By doing your homework, you will also be better prepared to submit a complete package. Every short sale …

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Foreclosure Filings Hit 4 Year Low!

by judilarsen January 19, 2012 How's The Market

Foreclosure Filings Hit 4 Year Low: The number of U.S. homes that received a foreclosure filing fell to a four-year low in 2011 as a slowdown in processing hit the market, RealtyTrac said in a report on Thursday.

Foreclosure filings, which include default notices, scheduled auctions and bank repossessions, slid by 34 percent in 2011, the …

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Santa Clarita Home Prices – California home sales rise in December, posting 11-month sales high

by judilarsen January 19, 2012 Latest News

California home sales rise in December, posting 11-month sales high! Santa Clarita Valley home prices may benefit! California home sales rose for the third consecutive month in December, marking the highest level since January 2011, according to data from C.A.R. Sales also were up from a year ago, marking the sixth consecutive annual increase.

Closed escrow …

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