Tag Archives: investment properties

What Does It Mean When Home Prices Level Off?

Median property prices leveled off between March and April, but is that really cause for concern?

We’ve seen a lot of great things as far as the Santa Clarita real estate market goes. In the past 3 years, we’ve seen a rebound in sales figures and prices, Santa Clarita Home Pricesincluding a huge reduction in short sales and foreclosure sales.

So when the Southland Regional Association of Realtors releases statistics showing that single family home prices in the SCV dropped $20,000 between March and April, some homeowners give it cause for concern. But is it?

Home prices regularly fluctuate.

If you look back over the sales figures history as provided by the Southland Regional Association of Realtors, you’ll find that home prices regularly fluctuate, even in a hot market. What you’ll want to consider is the overall long term growth in value, especially if you’re planning to stay in your home for a long period of time. read more

Home For Sale In Saugus: 27668 Haskell Canyon Road #B

Incredible opportunity for first time home buyer or investor!

The Lichen-Hooper Real Estate Team proudly presents their latest offering.

This is a condominium located in Saugus CA. 2 bedrooms, 1 bath with a separate vanity area and walk-in closet in the master bedroom. It is a short sale, but the property has been well kept. Located in a quiet complex, this condo also features a large patio and easy access to parking, swimming pool and amenities, and is within walking distance of the Bouquet Plaza shopping/dining center, Bouquet Canyon Park, and award winning schools. read more

Condo For Sale In Canyon Country: 18203 Flynn Dr., #5111

Turn-key property perfect for first time home buyer or investor.

The Lichen-Hooper Real Estate Team proudly presents their latest listing located at 18203 Flynn Drive, #5111 in Canyon Country.

This is a beautiful, move-in ready 3 bedroom, 2 bath condominium located in the Princessa Estates community of Canyon Country just south of Highway 14, making it a great home for commuters.

The living room features plenty of space, hardwood floors, and fireplace. The bay window and balcony provide you with wonderful views of the surrounding greenscapes, as well as the community pool and spa, which is literally seconds from your door. read more

Santa Clarita Condo Prices Jump In October

Equity has risen nearly $40K since January.

A report recently released by the Southland Regional Association of Realtors showed the median price of condominiums in the Santa Clarita Valley rose by $9,000 in October over the Buy a condo in Santa Claritaprevious month.

The median price reached $89,000 last month, showing a total of $39,000 in equity gains since the beginning of this year, when prices averaged $250,000.

What has triggered this rise in condo prices?

First of all, the real estate market overall has had a pretty good year. We’ve seen stability in the marketplace for both condos and single family homes across the Santa Clarita Valley. Buyers have also enjoyed the benefit of low interest rates that have recently dropped back below 4 percent. The lending market, having instituted guidelines for Qualified Mortgages (QM) has boosted confidence in the real estate community by insuring that buyers who qualify for a home loan can TRULY afford the home they are purchasing. This has given a boost to mortgage investors as well. This is extremely important in the continuing recovery and growth of the real estate market. read more

Home For Sale In La Puente CA: 629 Larimore Avenue

3 bedroom, single family home is perfect for first time home buyers or investors.

Welcome to 629 Larimore Avenue in La Puente, CA.01A Exterior No Sign (Custom)

This property is located in a well established, quiet neighborhood just waiting for the perfect buyer.

With wood flooring in the living room and hallway, and ceiling fans throughout, the rest awaits your personal touches to truly make it your dream home.

Enjoy relaxing and entertaining in your backyard complete with large swimming pool and patio. The home also has a dog run and sideyard with a storage unit.

Located in the heart of the San Gabriel Valley and close to schools, shopping and commuter access, this home is perfect for the first time buyer or investor.
Large front yard with 2 Car Garage & possible room for 3rd car in Driveway or add RV access to left of House. read more

An Investment home? IN THIS MARKET?

Believe it or not, real estate is one of the best investments to be made. Rarely is there any other solid investment that increases (historically) on average 3 to 5% per year; which may not sound like much, but if you consider the volatility of other investments (such as stocks, hedge funds, etc.), real estate on average is a pretty safe bet.

“But wait!” You are thinking out loud. “My home lost X amount of dollars in the past few years. WHADDYA MEAN it’s a safe bet?” read more

Agua Dulce: Country Living, City Access

One of the many housing styles in Agua Dulce

Did you ever hear the term “We’re moving to the country!”? What does that mean? In this metropolitan gargantua known as the greater Los Angeles area, where can one go to get away from it all  for some peace and quiet?

Located just 40 miles north of downtown Los Angeles, Agua Dulce offers ranch-style, country living. It is a place that provides a small town environment that many crave, while still having access to commute to the L.A. business centers.

Agua Dulce is Spanish for “Sweet Water.” Many people move here because the homes are mostly custom designed, as there is no traditional tract housing in the area. That doesn’t mean Agua Dulce doesn’t have diversity in housing styles and prices. There are many affordable homes in the area, as well as luxury and ranch estates. read more