Move to Santa Clarita
Santa Clarita’s thriving economy shines through in latest retail survey.
Even through the worst of what’s now known as The Great Recession that hit the US economy hard a little more than a half decade ago, Santa Clarita has managed to remain stable, if not vibrant. Our economic numbers have always shown as being “in the black,” and our unemployment figures were (and still are) lower than national, state, and even county averages.
Aside from consistently being ranked high in economic status, schools, and lifestyle, Santa Clarita can also bask in the fact that the city has ranked 21st out of 100 retail markets across the state.
In a recent California Retail Survey, Santa Clarita moved up one notch from 2013 to settle at 21st in retail markets this year, ranking higher than other markets such as Beverly Hills, Glendale, and Burbank.
Santa Clarita is also one of only 29 cities with a retail market above $2 billion (Yes, that’s BILLION with a B!). Continue reading
Yet another great reason to move to the Santa Clarita Valley.
Santa Clarita truly is a great place to live. As a city, we have a very strong economy, remaining “in the black” even during the darkest days of the Great Recession. Our unemployment levels are lower than county and statewide averages, and we have several award-winning schools.
The SCV has made several lists in the past, and was recently included in the top 25 of the best cities for families in the United States by Wallethub.com. Ranking at number 21 out of 150 cities across the U.S., Santa Clarita was ranked on such family-friendly residential indicators such as:
- Availability of quality jobs
- Relative cost of housing
- Quality of local schools
- Quality and accessibility of health care services
- Opportunities for fun and recreation
Ahead of several other Southland communities.
Santa Clarita ranked ahead of several other Southern California cities such as Oxnard (37), Fontana (40), Garden Grove (56), Ontario (66), and Glendale (68). The City of Los Angeles came in at 109. Continue reading
Buyers are in a great position to finally own their own property in the Santa Clarita Valley.
Despite predictions to the contrary, interest rates have not “shot up” as some analysts were saying late last year. In fact, they’ve remained fairly steady, still hovering in the low 4 percent range; even lower for certain loan programs. This means that you have more purchasing power in getting the home you want. Contact us to find out more.
2. More homes are on the market.
While buyers were able to take advantage of low interest rates last year, they found it very difficult to find a home for sale because of such limited inventory. For most of last year, there were only on average around 300 or so available homes in the entire Santa Clarita Valley. This caused some fast and furious bidding, and many buyers lost out. This year we’re seeing what may be perceived as a more “balanced” inventory, with a nearly 3 month supply on hand. A normal market will have 3 to 6 months’ worth of available homes for sale. Continue reading
Professional, quality movers serve customers worldwide.
As real estate professionals, we interact with many “affiliate” businesses that work with homeowners, buyers and sellers. It it with extreme pleasure that we were able to sit down with Casey Kirkman, owner of Afforable Quality Moving & Storage, located here in Santa Clarita.
As part of National Van Lines serving both residential and business accounts, Affordable Quality Moving & Storage provides their customers with courteous, professional movers that take pride in their work and insure your possessions are treated with care as they pack and move you across town, or across the globe.
Storage Facilities and Service
Are you selling your home and need to de-clutter your space? AQMS can pack and store your extra “stuff” while you show your home to prospective buyers. Then, when you’re ready to move, your extra belongings will be packed right along with the rest of your things to be transported to your new place. No muss, no fuss! Continue reading
Report Shows Significant Drop In Notice of Defaults At End Of Last Year
The report indicated that foreclosures dropped by 52.6 percent between December of 2012 and December of 2013, with a huge drop of over 10 percent in the 4th quarter alone. California showed a drop in filings of over 60 percent to the second lowest foreclosure rate in seven years.
The drop in filings are due in large part to a continuing surge in real estate equity as home prices rise, as they jumped nearly 30 percent in the Santa Clarita Valley in 2013. Many homeowners who may still be struggling to hold onto their homes are doing everything they can in hopes of regaining the upper hand in their fair market value to turn their loan-to-value ratio around.
Housing Inventory Still In Short Supply In The Santa Clarita Valley
Two driving factors have helped speed the real estate recovery along, especially in the past year: Low interest rates, and low housing inventory. Despite a one point bump from the historically low mid 3 percent range last summer, rates are still below 5 percent, spurring buyers to take advantage of the purchasing power these rates offer. Simultaneously, buyers are competing for limited housing inventory, resulting in some home sellers receiving multiple offers at above their list price. Continue reading
Median Santa Clarita Valley home sales jump from September to October.
In a report issued by the Southland Regional Association of Realtors, Santa Clarita has once again seen gains in home prices during the month of October. The median sales price for a single family detached residence topped out at $440,000 last month, which is a nearly 3 percent gain over September. Year over year, we’ve seen home prices rise just over 22 percent from October 2012, where home prices averaged $360,000.
Condominiums prices are also rising. This is good news considering their slow start out of the gate once the real estate recovery began in earnest. Homeowner Association regulations regarding FHA financing for the purchase of some condominiums had led to slow growth, but it appears that home buyers eager to “get into the game” have overcome those obstacles as condo prices have jumped 40 percent from October of last year. Average sales price of a Santa Clarita condo was $280,000. Continue reading
Low crime and a healthy and creative lifestyle help to make Santa Clarita one of the best places to live in California.
In a study conducted by Safewise.com, Santa Clarita was ranked 37th out of the top 50 safest cities in California.
Criteria was based on many factors, with the minimum requirements for consideration was for the city to have had at least a population of 20,000 as of 2011. California has
296 cities that meet this criteria.
The City of Santa Clarita comprises just over 47 square miles with a population (as of 2012) of 179,013. Its diversity in business, housing, and entertainment make it one of the best places to live within commuting distance of metropolitan Los Angeles.
Low Crime and Creativity Key
Santa Clarita’s relatively low crime rate played a big role in its designation by Safewise. Public safety and law enforcement is contracted to the Los Angeles County Sheriff’s Department, and the Santa Clarita Division promotes regular interaction with community policing, family-friendly events, and Nixle updates that inform the community of their activities and efforts. Another factor included the city’s effort to promote a healthy and creative lifestyle for its residents that includes bike trails, parks, open spaces, hiking trails, and plenty of city-sponsored events that are open to all ages. The renovation of Old Town Newhall has given the city an opportunity to promote its ArtSLAM and Senses on Main events. Continue reading
If you’re looking for a reason to buy a home before the end of the year, here it is!
Mortgage rates took another sizable dip to the low 4 percent range, due in part inadvertently to the recent government shutdown. After months of slow increases beginning late last spring, when interest rates were at a historic low of around three and a half percent, the bond market was actually bolstered by post shutdown activity that seemed to satisfy investors that Quantitative Easing would not be affected any time soon.
This news comes just in time as buyers are seeing a slight rise in the inventory of available homes for sale, which gives the possibility of having less competition when making a purchase offer as well as more amenable sellers who may be more willing to negotiate.
Another great reason to buy a home before the end of the year.
First time home buyers may be entitled to tax credits as part of the California Housing Finance Agency’s Mortgage Credit Certificate Tax Credit program. This program allows eligible first time home buyers to convert a portion of their annual mortgage interest rate into a direct dollar for dollar credit on their individual tax returns. Continue reading
City Council to hold ground breaking ceremony for four miles of new bike trails in Santa Clarita.
Adding to a network of more than 70 miles of bike paths in the Santa Clarita Valley, the City Council will hold a groundbreaking ceremony for the Golden Valley Bike Trail on Tuesday, October 15th at 10AM.
The city, working in conjunction with Spirit Properties, will create the trail extension to begin in the River Village area of Saugus that will extend through the Centre Pointe business district, and extend to State Route 14. This will allow bicyclists a north/south access point from the community of Saugus, that will connect with the bike trails that also run east/west along Soledad Canyon and through the Canyon Country as well as Valencia areas.
Commuting in Santa Clarita: Vehicle not necessary!
The more than 70 miles of bike trails and paths already created here in Santa Clarita have made it easier for commuters from nearly all SCV communities to travel without the use of a motorized vehicle. Bike trails make it safe for cyclists to traverse the city without having to ride on the street and compete with vehicle traffic. On most major city streets, bike lanes are available to maintain separation and safety. Continue reading
5 bedroom/5 bath pool home in gated Westridge community boasts over 4,000 square feet of living space.
STUNNING WESTRIDGE POOL HOME IN THE HIGHLY DESIRED OAKMONT GATED COMMUNITY! This upgraded entertainer’s home boasts a full bedroom and ~~ bathroom downstairs with back yard access, spacious family kitchen with granite counter tops and eat-in center island, storage nook with 2 built-in wine refrigerators, large master bedroom and bathroom with a Jacuzzi tub separating his and her sinks and vanity, huge walk-in closet, large media room/office, shutters thru-out, balcony with view of the backyard pool and waterfall, and much more! Continue reading