Santa Clarita Real Estate

Santa Clarita sales stats for 2007 were relased by the Southland Regional Association of Realtors. The entire number of homes sold was just under 2,000. Down 31.3 percent from 2006 housing stats - The lowest annual total since the board started keeping the annual housing statistics in 1998. This represents just how […]

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Overpriced Listings…where are they now?
There have been so many in recent months. When I see them hit the market I can only think of one thing for the seller. Sorry. I really can’t understand why over the last couple of years the handwriting’s been on the wall…why are these sellers torturing themselves? These MLS […]

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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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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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