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    Real Estate Report, Is it Time to Buy?

    Buying real estate

    The best way to answer this question is to have a look at the Current Market data for the Cities that compose the Santa Clarita Valley.  As I pointed out on a Recent Trulia Article – Home Buying is a very personal decision!

    Almost any real estate report signals that all signs point toward it being the time to buy. Affordability levels have never been better, at least not for over 30 years. The bursting of the housing bubble created a huge increase in inventories, a decrease in home values, and a more-than-reasonable mortgage climate. Of course there is a snag, if a buyer is not paying with cash then he has to qualify for a loan first, which may be difficult.

    According to an article from Realty Times, today’s home buyer is paying roughly 17% of his salary to own a home. This average has been 25% since 1975. This is a significant difference in affordability levels, one which makes buying now a smart move for anyone who has been waiting on the sidelines and can afford to do so.

    Those with good credit and cash for a down payment are in the driver’s seat these days. Real estate transactions have fallen into a pattern of falling apart at the last minute when loans don’t come through. Now is the time to buy, but buyers need to pre-qualify if they are serious about acquiring real estate.

    Real estate buyers and investors have been waiting for the bottom to hit. Is it here? Has it hit? Is it still coming? Answers to these questions won’t be known for a few years, but the reality is, affordability levels have been better for more than three decades and it certainly is a great time to buy real estate.

    If you have been wanting to search for Real Estate in the Santa Clarita Valley without Hassle and do so by Home Price Ranges – We have just finished that platform for use by those that do not have their own Real estate agent!

    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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