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There has been some misconceptions as to whether the capital gains tax rates will change under the “Fiscal Cliff”
negotiations. As of now, they have remained the same. In other words, capital gains rates of up to $250,000 for single persons, and $500,000 for married persons are exempt from taxation under the current law that was enacted during the Clinton Administration. This means that if a married couple sells a property, up to $500,000 of the profits from the sale of that home are tax exempt*.


*It is always best to consult your tax professional with regard to any questions regarding how taxes are applied to your finances.


Questions about capital gains or the real estate market? C...

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What do you really know about selling your home? It involves much more than sticking a sign in your yard.


“I don’t want to pay those BLANKETY BLANK Realtor commissions!”Proven home selling strategies from Montemayor & Associates


Indeed, we hear that from a few sellers to say the least. However, if you’re considering selling your home, there are some things you should know regarding the difference between hiring a licensed, experienced professional and trying to sell it yourself.


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1. We know the market!



We have access to local, ACCURATE information regarding the fair market value of your property. Relying on automated value sites can cost you thousands of dollars. These sit...

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Statistics show Santa Clarita homeowners are getting a very good return on their investment.


It’s been written that the industry standard for return on investment as far as real estate goes is on average between 3 to 5 percent. In the Santa ClaritaHome Warranty Valley, the median price of a single family home rose 12 percent in 2014. Condos, while not faring quite as well, still rose by just a little over 8 percent.


So think about it: Where else can you make an investment with only a small percentage down, and make 12 percent on that investment in as little as 12 months?


When thinking about personal wealth and investments for your future, real estate truly is one of the best investments y...

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Forecasts for a slow 2016 real estate season have been greatly exaggerated.


Late last year, some financial analysts worried that a rise in the base interest rates by the Federal Reserve would trigger a reversal of fortunes in the real estate industry. Rates would rise, loans would be harder to get, houses would begin to languish on the market, and home prices would drop.


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However, that turned out to not happen…at all!


Interest rates, while bumping back and forth between a few fractions of a percentage point, are still holding below 4 percent, despite the quarter percent rise in the base rate the Federal Reserve implemented in December.


Real Estate Inventory Low in Santa Clarita


Current home...

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Home buyers are not waiting to see what happens with interest rates.


In what almost defies odds, despite the Federal Reserve’s decision to raise their base interest rate in December, home buyers are finding that their Santa Clarita Real Estatepurchasing power is at its peak with nearly historic low interest rates.


According to a recent study, home mortgage applications jumped by nearly 9 percent in January of 2016. Borrowers are clearly seeing the advantages of acting now, rather than sitting on the fence.


And why not? Home prices on average rose 10 and a half percent in 2015. This average includes both single family homes and condominiums sold in the Santa Clarita Valley. The median pric...

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Despite the Federal Reserve raising their interest rates, home loan prices are at an almost record low.


2016 is off to a pretty good start, real estate-wise. Single family home prices rose $38,000 on average last year, and we’re already off to a brisk start in January.


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Interestingly enough, there was potential “doom and gloom” on the horizon as spelled out by some analysts late last year in light of the Federal Reserve’s decision to finally raise the rate they charge lenders to borrow money.


You’d think then, that mortgage rates would instantly rise as a result, right? Wrong!


In fact, 2016 has begun with home loan interest rates once again hovering near record lows....

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Lots of economic indicators left “in the air” as we near the end of 2015 gives pause to speculation about the real estate market.


As we hurtle toward the final month of 2015, we’re seeing some interesting signs in the Santa Clarita real estate market. Interest rates, while still very low, have inched just above 4 percent, and housing prices for both condos and single family homes have leveled off.


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That being said, it’s not unusual for housing prices to dip slightly in the final quarter of the year, with the summer buying season behind us and the holidays just ahead. The question still remains, however: Have Santa Clarita home prices reached their peak?


To be clear, price...

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Mortgage rates will hold steady for the time being.


Slow economic growth over the summer has motivated the Federal Reserve to remain cautious, holding off on proposed rate hikes for now.


National Gross Domestic Product (GDP) grew slower than expected over the summer. As such, the Fed has made plans to raise the rate of money borrowed by lending institutions in an effort to stave off runaway inflation, based on higher economic projections that have yet to be met.


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Brandon Montemayor


Good News For Home Buyers


Interest rates have held at under 4 percent for the bulk of past year. As of the date of this article, mortgage interest rates are as follows:




  • 30 year fixed-rate mortgage: 3.87%




  • 15 year fixed-rat...

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Scarcity of rents along with high demand puts landlords in the driver’s seat. Is it time to take control of your destiny?


A recent survey from rent.com showed that property managers will hike rent prices on average by 8 percent by the end of the year. The same survey Montemayor and Associatesshows available rentals at a 20 year low, and nowhere is this fact made more prevalent by what’s available for rent in the Santa Clarita Valley.


As of the date of this article, the Southland Regional Association of Realtors Multiple Listing Service shows a total of 39 active rentals listed by real estate agents in the Santa Clarita Valley. These rentals make up available properties offered by o...

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Single family home sales up nearly 16 percent from 2014.


Recent statistics provided by the Southland Regional Association of Realtors provided continued positive news for the Santa Clarita real estate market.


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The median price of single family homes in the SCV rang in at $523,000 in August, up 2.7 percent from the previous month, and nearly 7 percent from the previous year.


Condos fell only slightly in August, but are still strong year over year, with median equity increasing by 14 percent from August of 2014.


These numbers reflect continued positive growth in our economy, as well as interest rates still holding at historically low levels. We can also attribute the rise in prices to the still rel...

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