Did You Know That:
Mortgage delinquencies stabilized in the third quarter, though new foreclosures jumped 21.1% from last quarter according to the Office of the Comptroller of the Currency.
Foreclosures in process made up about 4.1%, or 1.3 million loans, of the overall mortgage portfolio measured by the OCC. That's up 0.5% from the second quarter and 7.6% from a year earlier.
First-lien mortgages current and performing changed little in the third quarter, down 0.1 percentage points to 88% of all loans in the OCC portfolio. Those loans made up about 87.5% of the portfolio a year ago.
Modifications declined 8.5% from the second quarter to about 138,000. That includes a 23% drop in mods through the Home Affordable Modification Program.
Third-quarter modifications reduced monthly principal and interest payments by 24.4%, or $382. HAMP mods cut payments by 35.1%, or $567.
The OCC report includes about 62%, or 32.4 million, of all first-lien mortgages in the U.S. worth $5.6 trillion in outstanding balances.
Have you exhausted all of your options trying to save your home from foreclosure? As you can see from the information above lenders are starting to ramp up their foreclosure process. Many homeowners have figured out how to extended their stay by applying for a loan modification, filing bankruptcy paperwork to stall the bank with no intent on proceeding with a bankruptcy and/or piece mealing information to the bank 'trying' to qualify for a short sale which buys more time. All these options are designed to help struggling homeowners when done correctly however there are many now taking advantage of this system to buy themselves 'free time' not realizing what long term damage they are really causing their financial future. Someday that homeowner will need to use their credit again perhaps in an emergency when they need it the most. With a 50% -75% increase in HAFA transactions each month you may be able to participate in the program. Now is the time to make the right choice for a stable future EDUCATION is key! We can help you find the key to financial stability through education and a greater understanding of your alternatives. Are you missing payments, have you received a notice of default or notice of trustee sale? Banks are now stepping up their foreclosure process don't sit idle and wait for your lender to make a decision about your financial future. Gary and I are all about home retention; in some cases this can be accomplished with others we show our clients the alternatives, all available pre foreclosure options. Confused about what options are available to you? You need to understand what all the implications are, do not make a decision about your financial future until you have sat down with professionals who have a proven track record. Make sure you explore all of your options before you do not have any left to choose from.
If all other options have failed and you need to consider a short sale here are the biggest concerns we hear from distressed homeowners; how am I going to pay for the Realtors commissions and all my closing costs?? The answer is, Your Lender is assuming all of those costs, you will not pay for the Realtors commissions or the closing costs associated with your short sale transaction. If a homeowner qualifies for the HAFA program and it's successfully negotiated, YOUR lender will also pay is up to $3000.00 for moving expenses. There are many reasons why it is so very important to sit down with a well educated real estate team who can explain all of these options and many more!
To request your FREE copy of this report click this link:
Mortgage Payments Weighing You Down?
For past reports click below.
Click on the report you wish to request or go to: www.SoCalPreForeclosureSpecialists.com click on the resources tab then simply choose the report and it will be emailed to you promptly. This is for homeowners only please.
*Source: Housingwire.com OCC: New foreclosures climb 21.1% in third quarter written by Andrew Scoggin 12/22/2011
Are you apart of the 6.4 million struggling homeowners that is in some stage of the foreclosure process? With a 50% -75% increase in HAFA transactions each month you may also be able to participate in the program. Now is the time to make the right choice for a stable future, EDUCATION is key! We can help you find the key to financial stability through education and a greater understanding of your alternatives. Are you missing payments, have you received a notice of default or notice of trustee sale? Banks are now stepping up their foreclosure process don't sit idle and wait for your lender to make a decision about your financial future. Gary and I are all about home retention; in some cases this can be accomplished with others we show our clients the alternatives, all available pre foreclosure options. Are you facing foreclosure? Confused about what options are available to you? You need to understand what all the implications are, do not make a decision about your financial future until you have sat down with professionals who have a proven track record. Make sure you explore all of your options before you do not have any left to choose from.
If all other options have failed and you need to consider a short sale here are the biggest concerns we hear from distressed homeowners; how am I going to pay for the Realtors commissions and all my closing costs?? The answer is, Your Lender is assuming all of those costs, you will not pay for the Realtors commissions or the closing costs associated with your short sale transaction. If a homeowner qualifies for the HAFA program and it's successfully negotiated, YOUR lender will also pay is up to $3000.00 for moving expenses. There are many reasons why it is so very important to sit down with a well educated real estate team who can explain all of these options and many more!
To request your FREE copy of this report click this link:
Past reports click the link below:
Click on the report you wish to request or go to: www.SoCalPreForeclosureSpecialists.com click on the resources tab then simply choose the report and it will be emailed to you promptly. This is for homeowners only please.
*Source: Making Home Affordable Program Servicer Performance Report thru August 2011 (as of 09-2011), Housing Scorecard www.financialstability.gov September 2011 (10-01-11); Lender Processing Services Mortgage Monitor thru August 2011 (09-30-11); U.S. Dept of Labor, Bureau of Labor Statistics September 2011 (10-11).
Experience that counts when it matters the most. Here is another letter of recommendation from a family in Santa Clarita that we recently helped avoid foreclosure.
September 20, 2011
To Whom It May Concern:
With the economic crisis that the majority of Americans find themselves in, via mounting debt and housing depreciation, it is critical that one finds competent guidance with sound measures for domestic relief. Thankfully, I found this professional assistance with Jennifer and Gary Ricco.
Whether it be by way of fortunate coincidence or what I continue to describe to my beloved wife as divine intervention, Jennifer and Gary came into my like and their concerned application and tenacious spirit truly to this day provide their clients with comforting security. Their concern for detail and professional articulation are traits - I assure you - revered by their associates in the highly competitive field of real estate.
My first home depreciated by over $200,000 and as a husband, father, and local high school teacher, I was lost. With Jennifer and Gary Ricco, I was found; my bleak situation was countered by these two professionals who remain steadfast in their admired efforts for resolve. Had it not have been for the Ricco's the smiles I witness daily on my wife's and daughters' spirited faces may not exist - for this, I will remain forever indebted to them.
Jennifer and Gary Ricco sold my home within six months; their skilled diligence offers me now a second chance at being a home owner. Words will never suffice in acknowledging my gratitude for their determination. It really was invaluable the day my wife and I decided to empower Jennifer and Gary Ricco to represent our family.
"Jennifer and Gary Ricco are not just Realtors, they remain dear friends - Thank you!"
Sincerely,
Brant, Gina, Kadyn and Shalyn
If you're missing mortgage payments now is the time to make the right choice for a stable future, EDUCATION is key! We can help you find the key to financial stability through education and a greater understanding of your alternatives. Are you missing payments, have you received a notice of default or notice of trustee sale? Banks are now stepping up their foreclosure process don't sit idle and wait for your lender to make a decision about your financial future. Gary and I are all about home retention; in some cases this can be accomplished with others we show our clients the alternatives, all available pre foreclosure options. Are you facing foreclosure? Confused about what options are available to you? You need to understand what all the implications are, do not make a decision about your financial future until you have sat down with professionals who have a proven track record. Make sure you explore all of your options before you do not have any left to choose from.
If all other options have failed and you need to consider a short sale here are the biggest concerns we hear from distressed homeowners; how am I going to pay for the Realtors commissions and all my closing costs?? The answer is, Your Lender is assuming all of those costs, you will not pay for the Realtors commissions or the closing costs associated with your short sale transaction. If a homeowner qualifies for the HAFA program and it's successfully negotiated, YOUR lender will also pay is up to $3000.00 for moving expenses. There are many reasons why it is so very important to sit down with a well educated real estate team who can explain all of these options and many more.
Are you missing mortgage payments? Now is the time to make the right choice for a stable future, EDUCATION is key! We can help you find the key to financial stability through education and a greater understanding of your alternatives. Are you missing payments, have you received a notice of default or notice of trustee sale? Banks are now stepping up their foreclosure process don't sit idle and wait for your lender to make a decision about your financial future. Gary and I are all about home retention; in some cases this can be accomplished with others we show our clients the alternatives, all available pre foreclosure options. Are you facing foreclosure? Confused about what options are available to you? You need to understand what all the implications are, do not make a decision about your financial future until you have sat down with professionals who have a proven track record. Make sure you explore all of your options before you do not have any left to choose from.
If all other options have failed and you need to consider a short sale here are the biggest concerns we hear from distressed homeowners; how am I going to pay for the Realtors commissions and all my closing costs?? The answer is, Your Lender is assuming all of those costs, you will not pay for the Realtors commissions or the closing costs associated with your short sale transaction. If a homeowner qualifies for the HAFA program and it's successfully negotiated, YOUR lender will also pay is up to $3000.00 for moving expenses. There are many reasons why it is so very important to sit down with a well educated real estate team who can explain all of these options and many more!
To request your FREE copy of this report click this link
Is Your Mortgage Payment Dragging You Down?
Past reports click the link below:
Missing Mortgage Payments?
Short Sales vs. Foreclosures 2011
Feeling Trapped by Your Mortgage?
Caution Protect Yourself Against Mortgage Relief Scams
Don't Walk Away From Your Mortgage
Solving Your Mortgage Crisis Just Got Easier
Make Financial Stability Your Resolution
Think a Foreclosure Moratorium Will Save Your Home?
On The Edge of Losing Your Home?
The Truth About Mortgage Modifications
Your First Steps To Avoid Foreclosure
Strategic Defaults are NOT Strategic
Avoiding Mortgage Modification Fraud
Click on the report you wish to request or go to: www.SoCalPreForeclosureSpecialists.com click on the resources tab then simply choose the report and it will be emailed to you promptly. This is for homeowners only please.
Here is our latest letter of recommendation from a family in Santa Clarita that we helped avoid foreclosure.
Date: August 17, 2011
To Whom It May Concern:
It’s a pleasure to write a letter of recommendation for two people who have exemplified the highest level of professional integrity and dedication in helping our family sell our home. Gary and Jennifer Ricco were faced with a difficult task, in a difficult market with many difficult obstacles. However, despite all of these challenges, they accomplished their goal in selling our home for the highest possible price in a relatively short period of time.
In the midst of the recent recession, my employer required that I relocate from LA to their Denver office. The prospect of selling a home with a value significantly below the mortgage seemed like mission impossible. However immediately after meeting with Gary and Jennifer, we were put at ease due to their experience with similar situations, and the resulting positive outcomes. They walked us through the process, assisted with compiling all of the necessary documentation and spearheaded the marketing, financial resolution and eventual closing with little effect on us personally.
They’re a real homeowner advocate with a passion for their business and their clients.You can expect constant communication, insightful updates and a team that will operate with the highest standard of care. I strongly recommend Gary and Jennifer Ricco to anyone seeking professional real estate services.
Sincerely,
Andrew & Kara
If you are missing mortgage payments now is the time to make the right choice for a stable future, EDUCATION is key! We can help you find the key to financial stability through education and a greater understanding of your alternatives. Are you missing payments, have you received a notice of default or notice of trustee sale? Banks are now stepping up their foreclosure process don't sit idle and wait for your lender to make a decision about your financial future. Gary and I are all about home retention; in some cases this can be accomplished with others we show our clients the alternatives, all available pre foreclosure options. Are you facing foreclosure? Confused about what options are available to you? You need to understand what all the implications are, do not make a decision about your financial future until you have sat down with professionals who have a proven track record. Make sure you explore all of your options before you do not have any left to choose from.
If all other options have failed and you need to consider a short sale here are the biggest concerns we hear from distressed homeowners; how am I going to pay for the Realtors commissions and all my closing costs?? The answer is, Your Lender is assuming all of those costs, you will not pay for the Realtors commissions or the closing costs associated with your short sale transaction. If a homeowner qualifies for the HAFA program and it's successfully negotiated, YOUR lender will also pay is up to $3000.00 for moving expenses. There are many reasons why it is so very important to sit down with a well educated real estate team who can explain all of these options and many more.
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Serving the greater LA area & Ventura County. Helping solve the foreclosure crisis one homeowner at a time, it all starts with Education. Gary & I are Southern California Pre Foreclosure Specialists.
How can a Certified Pre Foreclosure Specialist, PSC with a Distressed Property Expert designation, CDPE help you? With many homeowners facing financial hardships we have found it critical to be able to sit down with a homeowner and educate them on the current market conditions. With this evaluation we are able show you what these transactions entail having a system in place to get you on the path to recovery. Dealing with these transactions requires an agent that has taken the time to understand them from start to finish. Many agents shy away from taking short sale listings as well as showing their buyers homes in distress. We caution you if you are working with an agent that is not confident in these transaction, you need an Expert in your corner and by your side. If your facing a foreclosure you need an Expert team, not an average real estate agent.
Jennifer & Gary Ricco PSC, CDPE
www.SantaClaritaPreForeclosureSpecialists.com
Jennifer Ricco was just awarded the LA Daily News Readers Favorite Realtor Choice for 2010 & 2011!
The Voice of Real Estate for the San Fernando and Santa Clarita Valleys
The SRAR Good Samaritan program is designed to feature REALTORS® that have made a difference in their community through charitable and/or volunteer endeavors. Not only are the monthly recipients featured in the REALTOR® Report, but their name is also added to the Good Samaritan plaque, which is hanging in the front lobby of SRAR.
Meet Jennifer and Gary Ricco - SRAR's Good Samaritans for the Month of August 2010!
One of our focuses is to help law enforcement and military families with both my husband and I having worn the badge and my husband also having served in the United States Marine Corp (Semper Fi). While our men and women are serving our local communities or our country we are here to help those families with what could be the largest and most daunting purchase of their lives with honesty and integrity.
Are you headed to a Foreclosure or your just thinking about walking away from your home... now what?!? There are solutions, you would like to help but are unfamiliiar with the short pay/pre forclosure process, let's sit down. Gary comes from a law enforcement and military back ground and I, a retired Los Angeles Police Officer have the skills to deal with the banks loss mitigation/home retention departments. Many agents dont want to take the time or are unfamiliar with the system itself, we have a system and team in place to assess your situation and give you an honest confidential evaluation to see what can be done. Our goal is to try to get you to look at your situation without attaching the your emotions. If viewing the situation from a strictly business viewpoint, you can more successfully analyze which option might best suit your situation and move you towards resolving your financial difficulties. One very important thing to remember: Time is of the essence, so sit and take serious thought of your situation and take quick action in order to allow yourself enough time to complete the chosen process. Before the process chooses you.
Client Testimonials
September 20, 2011
To Whom It May Concern:
With the economic crisis that the majority of Americans find themselves in, via mounting debt and housing depreciation, it is critical that one finds competent guidance with sound measures for domestic relief. Thankfully, I found this professional assistance with Jennifer and Gary Ricco.
Whether it be by way of fortunate coincidence or what I continue to describe to my beloved wife as divine intervention, Jennifer and Gary came into my like and their concerned application and tenacious spirit truly to this day provide their clients with comforting security. Their concern for detail and professional articulation are traits - I assure you - revered by their associates in the highly competitive field of real estate.
My first home depreciated by over $200,000 and as a husband, father, and local high school teacher, I was lost. With Jennifer and Gary Ricco, I was found; my bleak situation was countered by these two professionals who remain steadfast in their admired efforts for resolve. Had it not have been for the Ricco's the smiles I witness daily on my wife's and daughters' spirited faces may not exist - for this, I will remain forever indebted to them.
Jennifer and Gary Ricco sold my home within six months; their skilled diligence offers me now a second chance at being a home owner. Words will never suffice in acknowledging my gratitude for their determination. It really was invaluable the day my wife and I decided to empower Jennifer and Gary Ricco to represent our family.
"Jennifer and Gary Ricco are not just Realtors, they remain dear friends - Thank you!"
Sincerely,
Brant, Gina, Kadyn and Shalyn
Castaic, Ca
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Date: August 17, 2011
To Whom It May Concern:
It’s a pleasure to write a letter of recommendation for two people who have exemplified the highest level of professional integrity and dedication in helping our family sell our home. Gary and Jennifer Ricco were faced with a difficult task, in a difficult market with many difficult obstacles. However, despite all of these challenges, they accomplished their goal in selling our home for the highest possible price in a relatively short period of time.
In the midst of the recent recession, my employer required that I relocate from LA to their Denver office. The prospect of selling a home with a value significantly below the mortgage seemed like mission impossible. However immediately after meeting with Gary and Jennifer, we were put at ease due to their experience with similar situations, and the resulting positive outcomes. They walked us through the process, assisted with compiling all of the necessary documentation and spearheaded the marketing, financial resolution and eventual closing with little effect on us personally.
They’re a real homeowner advocate with a passion for their business and their clients.You can expect constant communication, insightful updates and a team that will operate with the highest standard of care. I strongly recommend Gary and Jennifer Ricco to anyone seeking professional real estate services.
Sincerely,
Andrew & Kara
Canyon Country, Ca
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11-15-10
If you're reading this, then you're in the same position my wife and I were in. We were scared about our worsening financial situation, embarrassed, and unsure of our future. So by the time we made the call to the Ricco's, we were desperate. We needed help, answers to a lot of questions, and were hoping our meeting with them wasn't going to be some contrived shakedown by a couple sleazy realtors. That didn't happen. They were direct, patient with us, and put us at ease while they answered what we believed, were very difficult questions. No, no shake down, because that's not Gary and Jennifer, not by a long shot.
Let me say, you did well to find them. With so many homes and families in distress, there are naturally a lot of realtors you could have picked. It isn't easy, and some how, some way, you chose well. You'll find both Gary and Jennifer to have a unique passion about their work. That passion and energy never waned during our time with them. Our situation was very complicated, and it took a year before we finally saw closure, and during that time, they were always there. They often had the answers to our questions before we asked, and when the bank(s) were being difficult, they were able to diagnose for us in layman's terms, what it was the bank's were doing. They fought hard for us. At times, we lost hope. But it was their passion, coupled with their knowledge and experience in the incredibly complex foreclosure market, which impressed us the most. During the toughest times, it was these traits that put both my wife and I at ease.
What we'd really like to pass along to you is this...you picked the best. What you're facing is no joke. It's ugly, and isn't going to go away anytime soon. You should be anxious, and scared about what's ahead....we were. But now, looking back at it, we are very glad we chose the Ricco's. Because of their work and efforts, they allowed us to keep some dignity and piece of mind during our crisis. It is with that we proudly recommend them to you. If you decide to take them on, enjoy the ride.
Jeff and Laurie S.
Santa Clarita, Ca
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June 2010
To Whom It May Concern:
It is with great pleasure that my husband and I write this letter of recommendation for real estate agents, Gary Ricco and Jennifer Ricco of Keller-Williams Real Estate. We met Gary and Jennifer for the purchase of a house and were so impressed by their professionalism, we entrusted them to act as buyer/seller agents and to list for sale our home also. From the beginning we experienced top-notch realty expertise, from the numerous two sets of real estate documents, the virtual tour photos, and the weekly updates online that showed statistics as to how many times our house had been visited online. We were very pleased with the manner in which our home was listed, presented and shown to prospective buyers. Gary and Jennifer sold our home and assisted us in purchasing our new home. Both escrows went smoothly and we therefore highly recommend Gary and Jennifer Ricco for any real estate need.
We met them on a business level and we have developed a friendship that will continue for many years.
Sincerely,
Fred and Audria
Stevenson Ranch, Ca
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March 1, 2010
To Whom It May Concern:
I am writing this letter to express my deep gratitude and appreciation for Gary and Jennifer Ricco. My wife and I were represented by Gary and Jennifer in the short sale of our home, and we can honestly say that they truly are the most amazing real estate agents we have ever worked with.
From the very first moment we met with Gary and Jennifer, we could tell that they were honest, compassionate, and genuine. Gary and Jennifer truly showed an interest in their work and a desire to help people in need. When we explained our situation and need for help, they listened. After gaining a solid understanding of our situation, Gary and Jennifer provided us with options to solve our problem and a commitment to executing the plan no matter how long it took or how difficult it could become.
A short sale is not an easy one, and Gary and Jennifer demonstrated a strong understanding of the entire process and an amazing ability to make it work. From start to finish, Gary and Jennifer knew exactly what needed to be done. They were always one step ahead of the game and had a solid reaction plan based on every possible outcome for any given situation. We were nervous about trying to tackle a short sale with our home, but Gary and Jennifer were always there to explain everything and make us feel comfortable. They truly are experts in distressed property transactions.
Gary and Jennifer have an answer for everything; I truly believe they can accomplish the impossible. I would highly recommend Gary and Jennifer to anyone who needs to buy or sell a home no matter how dire or complicated the situation may be. If anyone can help, Gary and Jennifer can. Not only will they get the job done, but they will be there for you every step of the way.
Gary and Jennifer truly are amazing people. In a world where it seems nobody can be trusted, you can count on Gary and Jennifer. They will help you through any real estate transaction, and be your friend too. When you work with Gary and Jennifer, not only do you benefit from their expertise and professionalism, but you also benefit from the entire professional community that they bring with them. Gary and Jennifer Ricco provide a total package solution to a complex problem.
Sincerely,
Jason H.
Valencia, Ca
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Fri Apr 17, 2009
"Caring, diligent, aggressive, thoughtful are just some of the character traits that describe the dynamic duo of Jennifer & Gary Ricco. The short sale process was a long process that had its share of frustration and angst; however, Jennifer & Gary never gave an inch to the lender, worked constantly with the lender and other parties to ensure we received the best possible terms for the sale of our property. In addition, they walked us through the process, kept us up to date with the latest information, and remained positive throughout the entire process. Jennifer & Gary worked out a great deal for us that allowed us to sell our property as well move on with our life at a new residence that Jennifer & Gary were instrumental in helping us to secure. We could not have closed the sale of our home with such agreeable terms and moved on successfully to our new residence without the tremendous efforts & skills of both Jennifer & Gary. We sincerely thank you and will recommend you both to our friends, family & peers."
Daren F.
Stevenson Ranch, Ca
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Mon Jun 1, 2009
"Over the last 20 years, I have experienced the purchase and sell of several homes, and have dealt with a variety of Realtors. By far, my experience with Gary and Jennifer Ricco has been the most satisfying of all. From the moment we met Gary and Jennifer, I was extremely impressed with their professionalism. The sale of this house was a very difficult decision for my family and me, due to the tragic circumstances surrounding this resolution. When I called Jennifer to arrange the first meeting, she was empathetic, showed great compassion for my situation, and was strongly equipped with all sorts of relevant information. Through the entire process they explained every procedure, had great strategy in place, and went above and beyond to promote the sale of the house. Additionally, for hours and days at a time, Gary relentlessly negotiated with the mortgage company in order to get the lengthy and tedious process sorted out. Fortunately and thanks to all their great efforts the house was sold! My family and I will forever be grateful for their hard work and determination. Because of this wonderful support; we can now look forward to owning another home in the not so distant future."
Jeanette M.
Canyon Country, Ca
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People continue to flock to the Santa Clarita Valley in record numbers, and for good reason. As one of the fastest-growing communities in both California and the nation, the Santa Clarita Valley is a destination of choice for people seeking both a family-oriented atmosphere and a business-friendly environment. Many say this valley is the brightest discovery in the Golden State. In fact, USA Today named Santa Clarita one of the nation's 100 best communities in 2007. Spend some time in this thriving community and you'll discover why so many families and businesses call it home.
City of Santa Clarita
Population: 178,000+
Elevation 1,200 to 1,400 feet
Santa Clarita is a city that reflects all the best of the Golden State - past, present and future. Located in a picturesque valley south of the Sierra Pelona Mountains and north of the Santa Susanna and San Gabriel mountains, Santa Clarita is big, bold and confident in its growing role as a first-choice community for raising families and building businesses. Within 35 miles of downtown Los Angeles, it is a bustling urban area with a variety of industries, affordable housing, abundant jobs and easy access to the Los Angeles basin.
The majority of the population is concentrated in the City of Santa Clarita, which contains most of the communities of Canyon Country, Newhall, Saugus and Valencia. The City of Santa Clarita encompasses 46.7 square miles of the approximately 200-square-mile Santa Clarita Valley, which was named for the Spanish Saint Clare by the early padres and explorers.
A movement to establish greater local control over the valley's destiny began in 1969, when an editorial written in The Signal newspaper urged readers to unite. It took years to convince residents that becoming its own municipality would bring more political clout within Los Angeles County, meaning more tax dollars could be spent on providing much-needed infrastructure improvements in the booming valley. The independence movement took several forms, including a failed attempt at creating a new county. Critics of independence argued they would have to pay more taxes if the community became incorporated, but a citizens' committee successfully demonstrated that the proposed city's area was actually generating more money than Los Angeles County was spending in it and that if the city formed, taxes could be better spent right here at home.
Voters approved the formation of the new city on November 3, 1987. The City of Santa Clarita was officially created on Dec. 15, 1987, becoming the 85th city in Los Angeles County and the largest area incorporated in California's history.
The City of Santa Clarita is the fourth-largest city in Los Angeles County based on the 2000 Census, and it is the 25th largest city in the state. Based on 2001 statistics, Santa Clarita was the fourth fastest-growing city in Los Angeles County and the 14th fastest-growing city in California.
More business leaders are taking a close look at how the city has accomplished so much in so little time. The city has earned numerous accolades. Among them, California Business magazine named Santa Clarita the second best mid-sized city in the state in which to do business, and City & State magazine named Santa Clarita one of the top five "up and coming" cities in the nation. The city has consistently placed in the Top-10 safest U.S. cities with populations over 150,000 and within Los Angeles County, according to FBI statistics. The Ladies Home Journal rated the city as having the best government benefiting women. The special report ranked the largest 200 cities across the country in several categories, including: low crime, health care, child-care, lifestyles, jobs, education, government and overall best cities.
The Santa Clarita Valley is, in fact, Southern California's best-kept secret with its low crime, sunny climate and family-friendly environment. It's a great place to live, work, play and stay. Its unique blend of rural, old west heritage and urban sophistication has contributed to this fast-growing community's enviable balance of high-quality living and growth. That balance is carefully maintained through long-term planning and fiscal responsibility, community involvement, respect for the environment, and strong public and private support for business development. Santa Clarita's successes are evident in its residential neighborhoods and recreational attractions, in its business parks and its cultural, commercial, educational and health-care centers.
Canyon Country
Canyon Country has carved a unique identity apart from its neighbors to the west. It is the largest of the four primary bedroom communities that make up the City of Santa Clarita: Saugus, Newhall, Valencia and Canyon Country. The area started as a collection of rural homes nestled into canyons and smaller communities - Mint Canyon, Tick Canyon, Iron Canyon, Sand Canyon, Whites Canyon, Vasquez Canyon, Soledad Canyon, Honby, Pinetree, Forrest Park, Sulphur Springs and Solemint Junction. The area south and north of the Santa Clara River was renamed Canyon Country in 1968 by a residents' ballot.
Geographically, Friendly Valley and Serena Park are part of Canyon Country, as is prestigious Sand Canyon with its large estate homes, equestrian ranches and the new Robinson Ranch golf course community. Soledad Canyon Road, which runs through Canyon Country, is a primary retail boulevard surrounded by a diversity of residential neighborhoods, a Metrolink train depot and shopping centers. Some of the newer attractions along Soledad include an Regal-Edwards 10-screen multiplex and entertainment center, as well as the new Jo Anne Darcy Canyon Country Library, named after the councilwoman who retired from public office in 2002 after having served the city since its creation in 1987. College of the Canyons maintains an educational center in the library complex, bringing much-needed classrooms and a computer center into the valley's most populous community.
Pioneer Col. Thomas F. Mitchell started the first school in the valley in Sulphur Springs in 1872, while John Lang used the springs for his health resort and hotel. He has the distinction of shooting the largest grizzly bear on record, weighing in at a decidedly hefty 2,340 pounds.
Newhall
After several years of planning, Old Town Newhall is emerging as a thriving venue of unique shops, live theaters and unique restaurants. The most visible early redevelopment of the area occurred in the late 1990s when Railroad Avenue was renovated with period light fixtures and landscaping, followed closely by nearly a block of retail renovation to the structure that now holds the Repertory East Playhouse and El Trocadero Steakhouse. That same block south of Market is also the new home of the Canyon Theatre Guild, whose playhouse hosts some of the finest community theater found anywhere. Across Railroad Avenue is the third Metrolink station to open in Santa Clarita, the Jan Heidt Metrolink Station, named after one of the city's first council members.
The oldest and most historic community in Santa Clarita also features the Walk of Western Stars, a Hollywood Boulevard-style sidewalk that honors western stars and other noteworthy individuals; the Cowboy Poetry and Music Festival at the nearby historic Melody Ranch, a working movie ranch once owned by western legend and California Angels owner Gene Autry; William S. Hart Park, a county-run facility that also includes the home-turned-museum of silent western star William S. Hart, a petting zoo and expansive grounds; Placerita Nature Center; historic Heritage Junction and the historic Pioneer Oil Refinery.
Newhall was founded in 1876. Railroad tycoon Henry Mayo Newhall had a major influence on this valley's destiny, recognizing the impact railroads would have on the area. He bought the old del Valle rancho and sold the railroad right-of-way to the Southern Pacific railroad for $1 and a town site for another dollar. Southern Pacific named the little town after him.
Newhall was the setting for filming of the earliest western movies, and this heritage was maintained by silent western star William S. Hart, who bequeathed his famous home and property to the county. His home is maintained as he left it, and it is open to the public for tours. Originally an oil, mining and farming community, Newhall now holds a generous portion of the still-visible history of this valley.
Saugus
Until the late 1940s, when people moved west after World War II, Saugus was a sleepy little town surrounded by several large ranches. Today, the community caters to family living, with much of its development built along Bouquet Canyon Road, which extends through the picturesque hills all the way to the Antelope Valley, Seco Canyon Road and Copper Hill Drive. A recent residents' survey revealed that 70 percent of the homeowners want to maintain Saugus as a bedroom community and not a business-oriented area. The community is the home of the Saugus Speedway and Swap Meet, one of the oldest and largest open-air markets in Southern California; Castaic Lake Water Agency's new filtration plant and education center, and a large Metrolink Station adjacent to the speedway.
One of the newest additions to the community is the 40-acre Central Park, which includes many amenities such as lighted sports fields and some 500 trees. Phase 2 of the park opened in January 2003, boasting four additional sports fields, a new restroom facility, walkways and shade trees.
Parks have been a priority since the city was created. The city opened another park in 2001, in the Circle J Ranch area of Saugus. The 5-acre Circle J Ranch Park at 22651 Via Princessa includes a picnic area, walkways, trails and children's play area. Another neighborhood park, the 5-acre Pamplico Park, opened next to James Foster Elementary School.
Saugus also is home to the Mountasia Family Fun Center, a year-round entertainment complex that celebrates its 10th anniversary in 2005. The center is home to the only laser-tag arena in the valley. It also features video and redemption games, a rock-climbing wall, bumper boats, roller-skating and blading, go-kart racing and miniature golf. The complex also features a Farrell's Ice Cream Parlour & Restaurant, which offers a full menu as well as a variety of ice cream desserts. Mountasia also is a popular spot for birthday parties and corporate events.
The Santa Clarita Sports Complex, renamed the George A. Caravalho Sports Complex after the longtime city manager who recently left, features basketball, volleyball and raquetball courts, as well as a specially designed outdoor skate park. The complex recently underwent an expansion that introduced a teen center, arcade, arts and crafts room, dance room, computer room and various community and multipurpose rooms. The newest addition to the complex is an aquatics center, boasting three pools, including a 50-meter competition pool with a professional timing system, a 25-meter dive pool, and an activity pool complete with water play equipment and a 160-foot water slide. The recently completed $9 million facility also provides concession facilities and locker/changing rooms on its landscaped, lighted grounds. With plenty of parking and ample deck space for lounging, the Aquatic Center is sure to be a popular summer destination.
Saugus also has a connection to the man after which Newhall was named. In 1887 the Southern Pacific railroad established a second train stop at Saugus, which was named for Henry Mayo Newhall's Massachusetts birthplace. The term Saugus is Narragansut Indian, meaning "sandy spit of land."
The Newhall-Saugus area became Hollywood's back lot for filming westerns. Actors William S. Hart, Tom Mix and Gene Autry took advantage of the rugged and varied topography to create the visual traditions that would define the classic western. In fact, Saugus was the scene for one of the West's last train robberies - and it was not a fictional movie tale. In 1929 "Buffalo" Tom Vernon derailed Engine No. 59 and separated passengers from their valuables. The famous Saugus Cafe opened in 1887 inside the Saugus Train Station, and in 1905 it moved across the railroad tracks to where it stands today. Among the celebrities who have dined in the cafe were President Theodore Roosevelt, President Benjamin Harrison, the King of Spain, Clark Gable, John Wayne and California Governor Gage.
Valencia
Abiding by its slogan "Built as Promised," Valencia has been carefully planned, designed and built over the last 40 years and has become one of the most popular areas in Southern California for people to raise their families. Valencia is regarded as one of the nation's leading master-planned communities and was named one of the 50 best places in the U.S. to live in the publication "Fifty Fabulous Places to Raise Your Family."
Newhall Land has developed Valencia in accordance with a master plan created by legendary planner Victor Gruen in 1965. Rather than focusing solely on residential development, the community's master plan includes every aspect of modern life - diverse residential neighborhoods that are balanced by thriving work centers, top-quality schools, abundant recreation, dynamic shopping, dining and entertainment, and public services such as medical care, government centers, a library and more.
Partly located in the heart of the City of Santa Clarita, the community occupies a portion of the original 48,000-acre Newhall Ranch. It encompasses more than 15,000 homes, tens of thousands of jobs, and distinguished institutions such as College of the Canyons and the Disney-endowed California Institute of the Arts. These two institutions will soon be joined by the future campus of the University of California at Los Angeles (UCLA) Film and Television Preservation Center on 60 acres at McBean Parkway and Rockwell Canyon Road, between CalArts and College of the Canyons.
Also unique to the community is its extensive paseo system, a series of scenic walkways and bike paths that connect homes to shops, parks and schools. There are currently about 30 miles of these innovative paseos, which are featured within each residential neighborhood Newhall Land plans. The company has partnered with the City of Santa Clarita to build miles of trails along the Santa Clara River and its tributaries.
Valencia is renowned for its open space and abundant recreation. There are currently 11 parks, all built by Newhall Land, within the community, dozens of private neighborhood recreation centers and acres of natural areas and oak woodlands that the company has set aside as permanent open space.
Valencia is home to government, health care, dining and entertainment, as well. The Santa Clarita Valley Chamber of Commerce, Santa Clarita City Hall, Henry Mayo Newhall Memorial Hospital, the county's civic center, Six Flags Magic Mountain and Hurricane Harbor, Westfield Valencia Town Center, Valencia Marketplace, Valencia Country Club and TPC at Valencia, California's first and only Tournament Players Club course, are all located here
Westfield Valencia Town Center, an enclosed regional shopping center, and Town Center Drive, a half-mile pedestrian-oriented retail destination, create the hub of shopping, dining and entertainment for the valley. In addition to three major department stores, Town Center is home to a mix of quaint boutiques, leading national retailers, great restaurants, the Hyatt Valencia and Santa Clarita Conference Center, a Spectrum Health Club, and major employers including Princess Cruises and Morgan Stanley Dean Witter. The mall recently unveiled plans to undergo a major expansion, which would include a larger Macy's department store.
Newhall Land has also developed Valencia Gateway, a series of planned business and technology centers that currently provide more than 55,000 jobs. As the major employment center for the Santa Clarita Valley, Valencia Gateway is home to numerous light industrial and manufacturing businesses, and is an established center for entertainment, production, and biotechnology-related industries.
Also in Valencia are numerous state and nationally distinguished elementary, junior and senior high schools, private child-care centers and Legacy Academy, a private elementary school.
Stevenson Ranch
Stevenson Ranch, set in the foothills of the Santa Susanna Mountains in the Santa Clarita Valley, offers wide-open spaces, breathtaking views, and a variety of home choices to suit a wide variety of family needs. An ideal community bringing families together to grow and experience the small-town spirit shared among neighbors, Stevenson Ranch fosters close-knit neighborhoods and family-oriented community-wide activities such as festivals and holiday celebrations. The 4,000-acre community of more than 8,000 homes features an estimated 1,000 acres of designated open spaces and parklands, and is close to various work centers and recreation.
Stevenson Ranch Elementary School, has been honored as one of the select few "California Distinguished Schools." One of community's newest schools is Pico Canyon Elementary School, which opened in 2003 at 25255 Pico Canyon Road. Education is a major concern of the community, and Stevenson Ranch provides unequaled education opportunities to its residents. Projected at the build-out of the community, a full spectrum of new educational facilities will be operational, including a middle school and a high school. Additionally, the new Dr. Richard H. Rioux Memorial County Park includes soccer fields, baseball diamonds, basketball, two children's play areas and an outdoor amphitheater.
Val Verde
Originally called Eureka Villa, Val Verde was developed in a rural mode on land owned by Sydney P. Dones, following the short-lived gold rush of the mid-1800s. Once a resort and farming area, today its scenic hills feature a unique blend of older custom homes. Its roughly 800 residents prefer the quiet of its remoteness, single market shopping facility, large park with Olympic-size pool and the health services of the Samuel Dixon Medical Center. It is located just north of State Route 126 and west of Interstate 5.
Acton
Noted for its old western flavor, Acton is located north off the Antelope Valley Freeway and has a population of approximately 10,000 people in roughly 80 square miles. The rugged Sierra Pelona Mountains to the north and the San Gabriel Mountains to the south ring the Acton Valley. On the valley floor horse corrals sandwiched between custom and semi-custom homes create a remarkable equestrian panorama.
The village started as a mining town in the late 1800s, with gold, copper and titanium ore being found there. In those early days a large copper deposit was mined at the Mount Emma Mine near Park Mountain, and two famous gold mines were the Red Rover and Governor mines.
Retaining the old western element, downtown Acton has a western-style saloon called the 49er, which was built originally in 1889. Today, life in this community is more genteel yet still has a rural flavor.
Acton is well known for its agriculture: peaches, pears, honey and the most beautiful lilacs anywhere. It is also home to many species of plants and wildlife: unarmored threespine stickleback fish, great basin sage, quail, hawks, ravens, squirrels, kangaroo rats, owls and roadrunners. Eagles, mountain lions, black bears or white-tailed deer may also be spotted.
Acton is home to Shambala Preserve, a haven for endangered exotic big cats that come from circuses, zoos and private owners. The 80-acre preserve has been operated for many years by actress Tippi Hedren. It is located at 6867 Soledad Canyon Road and is open to the public one weekend a month by advance reservation only. In addition, Acton has many private campgrounds throughout Soledad Canyon.
Agua Dulce
Agua Dulce, which means "sweet water" in Spanish, was first inhabited by the Tataviam Indians, and the monolithic Vasquez Rock formations were a favorite shelter for the tribe. The Vasquez Rocks also served as the hideout for Mexican bandit Tibercio Vasquez from 1870 to 1874. Known as the kissing bandit because he usually kissed the ladies after robbing them, he was caught in 1875.
In the 1880s the farmers created the Soledad Township, which was Agua Dulce's original name. Large lots attract horse ranches, equestrian amenities, and views of fabulous geological formations. Today street names such as Wagon Wheel Road, Yucca Hills and Durango Lane remind everyone of the rich Old West heritage of the area. The Vasquez Rock County Park near Agua Dulce has been featured as the rugged backdrop for many movies - from westerns to science fiction - as well as numerous TV shows and commercials. Residents flock to its annual fair, parade and sunrise services along with programs at Vasquez Rocks Park. The 190-acre Agua Dulce AirPark for private planes is popular with pilots.
Newhall Ranch
Newhall Ranch is a planned community of homes, shopping, commercial and public services, cultural facilities and recreation proposed by The Newhall Land & Farming Co. A spectacular 19-square-mile area will be conserved as open space, representing 51 percent of its total area, as Newhall Ranch takes shape as a self-contained community. The project will comprise a 21,600-home community west of Interstate 5 and along State Route 126. It will eventually be home to some 60,000 people.
When creating a new community, it is vital to have a complete understanding of what people want. Newhall Land has listened to the needs, wishes and dreams of those looking for a new place to call home - and it shows in the plan for Newhall Ranch. After completion, Newhall Ranch will provide an estimated 19,300 permanent jobs, 59 percent of homes within walking distance of village or commercial centers, two fire stations, a new water-reclamation plant, an electric substation, a library, an 18-hole golf course, and 50 miles of pedestrian, equestrian and bicycle trails. The developer has also agreed to finance the building of five elementary schools, a junior high school and a high school over the next 25 years. Although construction is expected by 2008, the development still faces some governmental and legal hurdles.
Information courtesy of the Santa Clarita Resource Guide 2009-2010
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