Santa Clarita Real Estate

With all the bad news in the housing and mortage market this year, California fires, economy, winter weather, world news, this picture really said it all for me - something light hearted if just for a minute.  It will go down as the best moment to snap a picture or the best use of photoshop tools. Either way…I […]

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When the rich feel the pinch - Nicolas Cage. The Oscar winning actor had his home on the market recently actually last year…he listed his Bel-Air mansion for a cool $35 Million in the Fall of 2006.  Seems he bought the home in 1998 for $7 Million.  In early December he took the house off the […]

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Activist Wants to Split up L.A. County
Carl Boyer - resident who helped found the city of Santa Clarita has bigger fish to fry. On his agenda…breaking up Los Angeles County. Boyer, says Los Angeles County is simply too big now. Among his complaints, quoting from the Signal "You can’t just call a […]

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The tranquil hills over the Newhall Pass, they wont be that way if the development company of Plamer Investments wins and this project is still very much on the mind of the developer who plans to build a mini-city there. In a battle that involves three municipal governments.

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Annexation Studies Delayed Again
Studies aimed at helping plot the future for the Castaic Valley’s west side communities- Santa Clarita, Stevenson Ranch and Westridge originally due last fall have been delayed again and won’t be available for public comment until February 2009, a county official said Thursday.

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Economic analysts say the fall out from the mortgage meltdown will be getting bigger - risky loans made to people with good credit.
For much of this decade option ARM’s also known as pay-option adjustable-rate mortgages were the easiest and the most profitable home loans for brokers to make for many buyers…buyers with excellent credit.
So […]

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President Bush signed into law today a new measure giving tax breaks to homeowners who have mortgage debt forgiven.  Under preexisting law, the debt forgiven by a lender, such as for short sales and refinances, was generally taxable to the borrower as debt discharge income.  With the passage of the Mortgage Forgiveness Debt Relief Act […]

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California Quick Stats
California median home price: $497,110 California highest median home price: Santa Barbara So. Coast $1,325,000 California lowest median home price : High Desert $265,880 California First-time Buyer Affordability Index - Third Quarter 07: 24 percent The above are from C.A.R regions for the period of […]

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Too little too late say homeowners and some agents of Bush’s mortgage relief plan. In Antelope Valley just North East of Santa Clarita many home owners are feeling the pain of their streets turning into run down neighborhoods, homes left behind as struggling owners felt they had no other way out. These once prime […]

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Court Strikes Down Bond Requirement For Home Equity Sales Contract The case of Schweitzer v. Westminster Investments involved a homeowner, Schweitzer who sued to reclaim real property he voluntarily sold to an investor the day before a scheduled foreclosure sale. The plaintiff in this case tried to reclaim the property by arguing that his […]

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