Santa Clarita Real Estate Blog

Chase Bank is expecting the housing market to fully recover, and will be ready with an amped-up lending sales force when it does. Think the sky is still falling in the housing market? Chase Bank doesn’t seem to think so, with its recent announcement that it will hire 1200 new loan officers by the end [...]

House and Senate agree to extend Fannie Mae, Freddie Mac and FHA loan limits through 2010. Federally-funded home loan limits were temporarily increased in 2008, with limits up to $729,750 for high-cost areas. That increase was set to expire at the end of this year, which would have dropped the size of loans eligible for GSE and [...]

Declining housing inventories and deadline for federal tax credit spur home sales. With the declining inventory of homes available for sale in the Santa Clarita Valley, it’s no surprise that the number of homes sold in the Southern California region fell during August while the median prices rose. Santa Clarita real estate stats for August [...]

Santa Clarita real estate inventories continue to decline as summer comes to a close. It’s interesting to review the Santa Clarita real estate trends once in a while to get a good overview of how our local real estate market is faring in contrast to what the media would like us to believe. Remember that [...]

Low housing inventories in the Santa Clarita Valley mean that buyers continue to compete against each other for available homes. The number of homes for sale in the Santa Clarita Valley remains very low as we approach the Labor Day weekend. Here’s a quick snapshot of Santa Clarita real estate activity as of September 1, [...]

Foreclosure activity remains relatively low for the Santa Clarita Valley area. Foreclosure auctions in Santa Clarita remain relatively low compared to much of the Los Angeles area for the first quarter of 2009. Canyon Country continues to have the most foreclosure activity, with 130 foreclosures in zip codes 91351 and 91387 combined. Of the 265 [...]

New foreclosure auctions continue to decline in the Los Angeles area. New foreclosure auctions in the Los Angeles area declined by 18% during the first quarter of 2009 as compared to the fourth quarter of 2008, according to data provided by PropertyShark. This brings the current foreclosure activity close to the level that we saw during [...]

Santa Clarita single-family home sales continue to increase as inventories begin to drop. Single-family home sales in the Santa Clarita Valley were up by 10.1% in 2008, with total sales of 2,194 vs 1,993 homes sold in 2007. Bargain-hunting buyers, whether purchasing homes to live in or as investment properties, are driving the market with [...]

Homes sales in Southern California area are up 65% for September 2008 as compared to the same period last year. The good news for the Southern California economy is that homes are selling once again. September 2008 home sales in the Southern California region were higher than in any month since December 2006. and the year-over-year [...]

Santa Clarita single family home sales statistics for August 2008 and 2007 The Santa Clarita real estate market is showing some signs of recovery, with new escrows for single family homes for the month of August up by 120 vs August 2007, and active listings down by 619. New listings were 348 in August 2008 vs [...]