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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Canyon Country. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 661-313-7038
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| Average Home Price | $400,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $350,000 - $399,000 |
| Worst Selling Price Range | $550,000 - $599,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Canyon Country is | Increasing |
| Seller Activity for the past 90 days in Canyon Country is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 20-25% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Most cities within the Los Angeles County area are considered ’Housing Hotspots’ |
| Average Sold Price | $400,000 - View Graph Trend |
Canyon Country Local News
News for Canyon Country, CA - September 14th, 2011 11:45am
Why Wait To Buy When You Can Own Now? Only 1/2 Percent Down Payment Needed- CHF Platinum Program is offering a grant program for home buyers to help you come up with the cash needed to buy a home. (1). Primary Residence, owner occupied purchase only (2). Property Must me in California. (3). 30 year fixed rate loan. (4). Condos and single family residence. (5). Income restrictions apply. Compined with low home prices, the CHF program is making buying a home more affordable than ever. Buying a home and making a mortgage payment can cost less than paying rent. Please email me "jcbkoshy@gmail.com" for more details.
Contact Information
Jacob Koshy
661-313-7038
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Jacob Koshy
Keller Williams VIP Properties
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 661-313-7038
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