An open house is scheduled on Sunday, November 09, 2008, from 1:00 to 3:30 PM for a property located at 26947 Hillsborough Pkwy Unit: 40, Valencia CA Visit my website http://www.NoHassleNoRisk.com for FREE information. IMMACULATE TOWNHOME IN VALENCIA NORTHBRIDGE! Tile and carpet flooring, tile countertops in kitchen, newer fixtures & appliances, neutral carpet, blinds, mirrored wardrobe doors & fresh paint! Newer flooring in bathrooms, cozy fireplace and crown moulding throughout! Ultra private rear pavered patio with views of city lights, mountains, large trees & greenery! No rear neighbors! Attached garage w/ direct access and brand new garage door! Washer, dryer and refrigerator included! LOOKS AND FEELS BRAND NEW! For current pricing and more info, call anytime 24 hours a day for a recorded message - 1 (800) 757-8019 ext.# 2159 If you have any questions please do not hesitate to contact us. Thank You! Thank you, Visit my website http://www.NoHassleNoRisk.com for FREE information. - Buy a Home With NO Money Down - Distress Sales - FREE Seller Reports - Sell Your Home Fast And For Top Dollar - FREE Buyer Reports-Get The Most Home For Your Money - FREE Over-The-Net Home Evaluation - Find Out What The House Down The Street Sold For - And much more...




Average sale price
November 2007: $551,600
Current average sale price: $406,498
Bottom Line: The average sales price is down approximately 26 percent from last year.
Average days on market
November 2007: 112
Current average days on market: 75
Bottom Line: Homes that have sold this year have been on the market 37 days less, or are selling 33 percent faster, this year.
Total closed sales
November 2007: 2,365
Year to date, 2008: 2,065
Bottom Line: There have been 300 fewer sales this year, or 13 percent fewer sales.
Wall Street Drama Wall Street may be in New York, but most people want to know how the stock market drama will affect local real estate in Santa Clarita.
How it Affects Local Real Estate
By Joshua Suess
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Let’s take a quick look at what’s happening in our market. First of all, while most markets around the country have a rising number of homes hitting the market and skyrocketing inventory levels, we are seeing the exact opposite here in Santa Clarita.
Our inventory has been decreasing steadily month after month. With that said, nearly 52 percent of the homes on the market are either foreclosures or short sales, leaving “normal sellers” in the minority. While most markets are experiencing a slow down in sales and a shortage of buyers, we are seeing increasing sales with a huge pool of buyers. With that said, these buyers are only seeking out the best deals on the market - which seem to be under the $500,000 price mark (and typically bank owned/REO/foreclosures).
Another factor that has been driving recent sales has been the attractive lower interest rates. Buyers who were waiting for prices to fall further have decided a lower interest rate makes now the perfect time to purchase a home. Investors are also back on the scene, as low interest rates and extremely low prices means positive cash flow on rental properties. Fantastic long-term buy-and-hold investments are everywhere!
It seems like we have our own micro-market here in Santa Clarita. Our market is very independent from the rest in Los Angeles County and we seem to recover quickly from the sharp highs and lows of the normal real estate cycle. Buy low and sell high is the rule of the stock market and the same is true in real estate.
Joshua “Dr.” Suess is owner of The Focused On Your Family Team with Re/Max of Valencia, 661-702-4640; www.NoHassleNoRisk.com
"Curb appeal” is the good impression or feeling made when looking at a home from the curb to the front door. It is taking the best exterior feature of the house or yard and enhancing it to the fullest potential. Believe it or not, it can be one of the most important factors to home buyers and many will choose not to view the inside of a home if the outside does not look up to par.
Here’s how to maximize your curb appeal:
Keep landscaping neatly trimmed and maintained. Keep your grass green and replace dead spots with new sod or seed. Don’t neglect flowers, plants and trees. Trim dead stems or branches and if they aren’t looking good, replace them! You’d be surprised how far some inexpensive annuals, like petunias or impatiens, will go.
Add low voltage landscape lighting. It’s an easy and instant upgrade that will really make a dramatic effect at night.
Re-paint the exterior - including trim, shutters, front entry door and garage door. If needed, replace the hardware with new door handles, knobs, etc.
Replace your mailbox. The last thing a home buyer wants to see after leaving a beautiful home and yard, is a beaten-down old mailbox.
Park your vehicles in the garage. This will showcase your home from the street and to show that the driveway has ample room for any potential needs.
Remember, no matter what your budget is, always keep it simple, neutral and appealing to the masses. The way you live and the way you sell are two totally different worlds so you want to set the stage to invite buyers into your home with welcoming curb appeal.
Joshua “Dr.” Suess is owner of The Focused On Your Family Team with Re/Max of Valencia, 661-702-4640; www.NoHassleNoRisk.com
Number of Closed Sales in SCV Aug. 2007—Sept. 2007: 304 Aug. 2008—Sept. 2008: 343 Bottom Line: The number of sales is increasing when compared to last year, or even the last eight months of 2008. Aug. 2007—Sept. 2007: $564,560 -or- $311.85 per square foot Aug. 2008—Sept. 2008: $429,849 -or- $233.65 per square foot
Number of Closed Sales in SCV
Average List Price
Average List Price
Bottom Line: The average list price has fallen $134,711, or 24 percent.
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