Condos and Townhomes are selling faster in Santa Clarita Valley

    Santa Clarita Housing marketWe have compiled and completed the Santa Clarita real estate and housing market reports.

    We see some interesting trends therein. First, we see that we are continuing on a Flat Trend with regard to the real estate prices in the Santa Clarita Valley areas.

    Secondly, we also see that we have condos and townhomes that are selling faster in the cities of Newhall and Canyon Country California.

    There can be several reasons for the Days on Market Decreases with regard to the condos and townhomes.

    Condos and townhomes may be more affordable to a larger section of real estate buyers wanting to purchase in the Santa Clarita Valley Cities.

    While the HOA fee, most likely, will be more expensive, it rarely cuts into the “affordability” factor as do higher prices between Single Family Homes and Condos/Townhomes.

    The Condos and Townhomes are in the 200’s and the Single Family Homes are close to being twice as expensive.

    A change in 70 dollars a month for HOA is equivalent to about 10k in financing, so the fact you may have to deal with a HOA is nominal when considering payment, qualification and affordability.

    Condos and Townhomes typically require less maintenance. Most have the exteriors covered by the Home Owners Association. When in escrow, there is a certain amount of time the seller has to get you the CC&R’s – Conditions, covenants and restrictions. A document, most times a book, showing what the HOA covers and what you can and cannot do if you own property therein.

    There are many areas in the Santa Clarita Valley that also have HOA’s within the local Single Family Residence community. However, most times, the fees for the HOA are much less with SFR’s than with condos and townhomes.

    Make sure your real estate agent gives you the run down to the advantages and disadvantages in the Condo and Townhome versus Single Family Residence home buying.

    Valencia CA Townhomes for Sale – the latest 4

    [idx-listings city=”Valencia” statuses=”1″ propertytypes=”512″ orderby=”DateAdded” orderdir=”DESC” count=”4″ showlargerphotos=”true”]

    Northbridge Single Family Homes for sale – the latest 4

    [idx-listings community=”Valencia Northbridge” statuses=”1″ propertytypes=”516″ orderby=”DateAdded” orderdir=”DESC” count=”4″ showlargerphotos=”true”]

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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