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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 price of a single family home rose 8.1 percent, ...

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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-rate mortgage: 3.15%

  • FHA 30 year fixed: 3.60%

  • Jumbo 30 year fixed: 3.67%

  • 5/1 fixed adjustable rate mortgage: 2.93%

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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 owners that include single family homes and co...

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2 bedroom, 2 bath single family home is perfect opportunity for first time homebuyer or investor.

Welcome to 25811 Sugar Pine Way in Saugus in the Santa Clarita Valley.

This is an incredible turn key home with an abundance of upgrades.

Plantation Shutters, wood flooring, and dual pane windows are only a few of the amenities available.

The kitchen has been upgraded with granite countertops and stainless steel appliances.

The large master bedroom comes with its own private bath and sliding door access to the back yard.

Another bedroom and bath are perfect for your growing family, or can be used as flex or office space.

This home is also ready for RV access, and is located in a desirable neighborhood close to great schools, shopping, parks ...

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Large, 2 story pool home is ready for you and your family!

3 Bedrooms, 3 Baths. 1,635 Square Feet

Come and see this adorable 2 story home in the Circle J Ranch community of Saugus, in the Santa Clarita Valley.
With over 1600 square feet of living space, you’ll find its the perfect home for your growing family. Upgrades such as custom tile and wood flooring are wonderful touches in this turn key property.

Master bedroom comes with its own walk-in closet and private bath, and two more bedrooms are perfect for your growing family, or can be used as home office/flex space.

You’ll enjoy entertaining and relaxing in the back yard complete with large pool, spa, and plenty of room for kids to play safely.Close to award winning schools...

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Rumors that The Federal Reserve may raise interest rates have not affected the market…yet.

For all this talk of the impending rise in mortgage interest rates, the first week of August ended on a good note with rates hovering just UNDER 4 percent (3.98 percent as of Friday, August 7th).

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There are plenty of benefits to paying cash for a home, but don’t overlook the opportunities that come with leverage.

As it is often said, a home purchase is one of the biggest decisions we make in our lifetime. It comes with many responsibilities, and many advantages.All cash home buyer

One advantage, of course, is the fact that over time, your investment will grow in value. It can be safely said that real estate is one of the safest long term investments one can make.

That being said, you have a few choices as to how you’ll make that investment work for you. You can either pay cash for your home (Provided you have that kind of cash on hand), or you can finance. So which one is better?

Pros Of Paying Cash For Your Home

The f...

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As we head dead on into summer, SCV home prices are holding their own.

Can you believe it? We’re halfway through 2015. With that, we’ve seen the Santa Clarita real estate market continue to push forward in a positive fashion. Interest rates are still holding just over 4 percent, and the buyers are out there ready to realize their dream of owning a home.

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Yes, Spring is still in the air, but timing is everything when it comes to buyers and sellers realizing their real estate goals.

There’s been a lot of good news in the Santa Clarita real estate market lately. Not only have single family homes topped the $500,000 mark for the First time home buyer questions.first time in 8 years, but interest rates are still holding below 4 percent…establishing what we might call a “win-win” scenario for both buyers and sellers.

While we’re still smack dab in the middle of Spring, many buyers and sellers “on the fence” should take this time to consider the fact that Summer is one of the best times to buy or sell. Why?

First of all, for the most part, kids are out...

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As the escrow process begins, the buyer and seller are responsible for certain costs, but is there any flexibility?

It costs money to buy and sell a home. No, we’re not just talking about the cost of the home itself, but also the costs incurred with insuring the Closing coststransaction is conducted correctly and in accordance with state and federal real estate laws. While buyers and sellers may view these facts with a bit of disdain, it’s important to understand that a real property purchase comes with liabilities unlike any other type of purchase many of us may encounter during our lifetime.

Before you balk even further, think about this: Without the professional escrow and other affiliated services objectively looking out ...

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