Ask the real estate experts about the real estate and housing markets – it’s easy and you can text your real estate questions to 661-400-1720.
Your personal information will not be used against you and you will be assured of factual intel directly from your’s truly. Connor MacIvor.
(speaking of personal information – How much do you hate it when the online systems “force” you to give up who you are to continue? – I hate that too. SCVnest.com – this system is for our committed real estate clients. Those who we have worked with, have been referred to us and who have chosen to work with Paris and I. MLSbest.com – is a Non Registration MLS search engine for Santa Clarita real estate and it’s our’s as well. However, on this system MLSbest.com – you will never be forced to register for anything…)
Looking at the current real estate inventory, being so tight, it’s responsible for keeping prices escalating within the Santa Clarita and surrounding real estate markets.
Another factor which is keeping the prices on the incline is also the low interest rates. When a person can obtain a Jumbo Loan on residential real estate at a 4.15 % Fixed Interest Rate on a million dollar purchase – those are low rates.
If your loan price is less than $636,150 then your interest rate will even be lower. That amount is for Los Angeles County and is “higher” than surrounding counties. Surrounding counties have a typical conforming loan amount of $417,000. That is known as the “conforming” loan amount. FYI.
As I spoke about on today’s real estate show, the less money you have as a down payment, the more critical the appraiser will be.
That will ultimately impact items that will need to be attended to by the home seller. At most times, the home sellers want to “contribute” the least amount possible. When they are at the “decision table” and deciding on whom will be chosen, they look at the loan profiles of the buyers who made offers. If their agent is on the ball, like we are, they will explain to those Santa Clarita home sellers the pros and cons of all types of loan programs which the particular housing market will have materialized.
Please reach out to me when you are ready for me to be of service. I always start our Santa Clarita home buyers and Santa Clarita home sellers out with our crash course on real estate. This includes our market updates for all the housing markets where we operate as realtor consultants.