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Santa Clarita Real Estate

Entries from March 2008

The End for Las Lomas

March 23rd, 2008 · No Comments

When L.A. City Council votes, will Las Lomas Land LLC., listen?
On going range wars have come to a halt with the latest Los Angeles City council vote on March 19 where the council said a sensible NO to any additional work on the Las Lomas Land project. Amid the potential threat of lawsuits, the council […]

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Tags: Santa Clarita Real Estate

City Council Rejects Las Lomas

March 22nd, 2008 · No Comments

The City Council has come to a decision … maybe not! In a split vote the City has decided to halt review of the mini city that was to be Las Lomas, planned for the southern edge of Santa Clarita Valley.
The vote at 10 - 5 instructed the Planning Department to stop processing the application. […]

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Tags: What's New

California Housing Stats

March 19th, 2008 · No Comments

Calif. median home price - January 08: $430,370(Source: C.A.R.) Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310 (Source: C.A.R.) Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent […]

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Tags: Market Stats

Foreclosure Filings Rising

March 13th, 2008 · No Comments

Foreclosure Filings Rise for 26th Straight Month. A 60 percent rise in homes facing foreclosure than from this time last year. A California research firm reported earlier this month.

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Tags: Housing and Mortgage

2007 Real Estate Market

March 3rd, 2008 · No Comments

In a report issued earlier this month, National home prices fell 8.9% in the full-year 2007, according to figures released recently by the Standard & Poor’s/Case-Shiller Home Price Index.
Home prices fell 13.7% in Los Angeles. The median price of entry-level homes in Los Angeles County is $433,200, with a typical monthly payment of $2,890, according […]

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Tags: Market Watch