Stock Market on the Rise, Home Sales are Stagnant
By Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo
(Summit Real Estate Group)
Family, Friends, Clients and all,The stock market remains on fire while the real estate market seems to have run out of gas. Home prices have levelled off and price reductions are running rampant. The Santa Clarita Valley is made up of six areas which include Valencia, Stevenson Ranch, Saugus, Castaic, Newhall and Canyon Country. The entire valley currently has 635 active listings of which is made up of 475 single family homes. Only 22 of these single-family homes are price below $500,000. Valencia has one single family home and Stevenson Ranch none priced below $500,000. The highest price home in our valley is located in the Valencia Westridge community and it is price at $4,000,000.This month we are going to key on the Creekside community. The community is one of the newest and best l...
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