Tuesday, June 20, 2017

Location, Location, Location - Rental Values

Westridge Valencia....3 bedroom townhouse....rents for 2600-3000.

Canyon Country......3 bedroom house.....rents for about 2200?

But, in West Los Angeles? Mar Vista to be exact? 3 bedroom home.....rents for a minimum of 4000/month!

Holy cow!

We talk about it all the time with purchases. BUT, it doesn't just mean for your personal residence. It means for all your rental properties as well.

Location, location, location.....ever important for ANY real estate purchase!

Tuesday, June 13, 2017

To Paint an Accent Wall or Not To Paint an Accent Wall.....

Why the heck not?!?!? Read something today that says accent walls are going out of style. Hmmmm, well, who cares about what's in style when you're living in and enjoying your home.

Accent walls can add such a lovely burst of color. Can change the mood of a room, can change the mood you're in too.

And, best part? They are CHEAP to do. Really, a gallon of paint, a bit of masking tape, a little sweat equity and poof.....you've got a whole new vibe in your room.

What do you think of these ones?

I think they are all beautiful, yes, even this orange one at the bottom!

Tuesday, June 6, 2017

Home Loan Rates Provided By One Of My Trusted Lenders

Just a bit of info about current home loan rates. 
4% for a 30 year fixed conventional loan amount.....Wowza......

Remember though, not all rates apply to all borrowers!

  • 30-year fixed conventional loan - 4.000% (4.069 APR). Loan amounts up to $424,100.00 = $2024.72
  • 15-year fixed conventional loan - 3.250% (3.370 APR). Loan amounts up to $424,100.00 = $2980.02
  • 5/1 ARM - Fixed for 5 years and then becomes variable - 3.375% - (3.480 APR) Loans up to $424,100.00 = $1874.93
  • 7/1 ARM - Fixed for 7 years and then becomes variable - 3.625% - (3.734 APR) Loans up to $424,100.00 = $1934.11
  • 10/1 ARM - Fixed for 10 years and then becomes variable - 3.750 - (3.871 APR) Loans up to $424,100.00 = $1964.07
  • 30-year fixed FHA loan - 3.625% (4.659 APR). Loan amounts up to $424,100.00 = 1967.96+ $305.66 PMI= $2273.62
  • 30-year fixed VA loan - 3.625% (3.848 APR). Loan amounts up to $424,100.00 = $1934.11
  • 30-year fixed Jumbo loan - 4.250% (4.261 APR). Loan amounts up to $3,000,000.00 = $14,758.20

Friday, June 2, 2017

New Wave of Homebuyers?

Well, hells bells, we better get some more inventory before we get a new wave of homebuyers!

Our current inventory in Santa Clarita, and surrounding communities, is only 542 active homes for sale.

With the article I just read about 6 million Americans having prior bks' fall off their credit reports.....we definitely will have more buyers.

I know several that are waiting for just that!

So, unless we get more inventory...I'm thinking another rise in home prices. Add the changes in interest rates and we will have more people wanting to buy, but struggling to afford yet again.

We need more new construction, more re-sale homes.....we need them now.

Friday, May 26, 2017

Just a Story of The Week About E-Mails/Texts vs. Phones

In Real Estate all e-mails need to be kept for 3 years. Those actually are part of the transaction. Texts can be discarded. Phone calls too.

But, while I keep e-mails for important....don't tell me otherwise kind of info......texts are great for short responses.

Phone calls though? Those are important for tone. Not dial tone! Emotional, Attitude, Tone!

I'm working with an agent right now. She talks A LOT! So, quite honestly, I'd prefer to get e-mails or texts....unless I've got nothing else better to do than talk with her.

But, for some stuff, a phone call is just more important. Sometimes we can sound one way on e-mail or text, and it's entirely different than how we want to sound, so a phone call is vital to keep the transaction 'friendly'.

It's funny, not just in Real Estate....but in Real Life.....a phone call you can hear the other persons tone....e-mail and text....can be misconstrued easily.

Just sayin........

Tuesday, May 23, 2017

Getting Myself Outside Again!

I re-did some seating and planting in my backyard a couple years ago. Added fountains, potted plants, a glider bench.

But I still didn't find myself sitting out there. No sipper of coffee in the mornings. Or wine in the evening.

I need to get more fresh air though!

So, I'm thinking about my back yard again. Houzz prompted me to consider some areas that just won't let me say no to getting outside and sitting in them!

What about bugs crawling around in the bushes?!?

Not so enticing to me.

Yep, I do like a fire pit.

But this....this would draw me outside!!

Friday, May 19, 2017

Sales Activity for Santa Clarita Valley May 19, 2017

Keeping people in the know about home sales activity in Santa Clarita Valley and our locally surrounding communities!

Acton to the East, Stevenson Ranch to the West, Newhall to the South, Castaic to the North and all little sweet neighborhoods in between!

We currently have a whopping 531 active properties for sale. Yep, 531!

Under contract or in escrow? 699! Wowza! Lots are likely home of choice situations, 
waiting for sellers to find replacement properties to get closed on.

Sold in the last 30 days is a nice high 382!

Any questions about our local market & beyond? Just ask!