American Beauty Condos In Canyon Country – Investor or Primary Opportunity

American Beauty Condos Santa Clarita
American Beauty Condos in Canyon Country area of Santa Clarita has 17 available as of today 7-7-14.

When 17 sellers are vying for your business, it’s good to be a buyer. In this case, 17 condo sellers at American Beauty Condos in the Canyon Country area of Santa Clarita. The inventory of condos for sale there has swelled up to 17 being available to choose from.

We’ve been in a very low inventory real estate market, but communities like this, where a lot of units exist, present a great buying opportunity for buyers to get in at a low price, whether it be for an investment or primary home purchase.

The great thing about this condo buying opportunity in Santa Clarita is that the community of American Beauty Condos is poised for a bounce back in values. WHY? Answer: The community just received its FHA approval status back. Previously only conventional loan, VA, and cash buyers were allowed to buy in there. Now, home buyers using FHA insured home loans can buy in there, too. This will expand the buyer pool in there immensely, which should in-turn reduce the number of homes available at American Beauty Condos. As the inventory reduces, the values should rise within the tract, and more in-line percentage wise with other condos in the Santa Clarita Valley.

Take the drastic rise at the Mariposa townhomes in Saugus. Since the Mariposa townhomes became FHA approved several months ago, the home values in there have risen drastically, as FHA home buyers with their 3.5% down payment have taken advantage of the new inventory available to them. The same will be the case with the American Beauty Condos.

The American Beauty Condos in Canyon Country offer a lot of great amenities that are on the “must-have” list of most home buyers (and renters for those of you interested in the investment aspect): Community pools, playground, units with 2 car tandem garages, indoor laundry, loft floor plans, 2-3 bedrooms, and vaulted ceilings.

Ask Robert SCV TV episode regarding this condo buying opportunity that won’t last long:

 

Take a look at the current inventory of condos for sale at American Beauty (always updated daily):

[idx-listings linkid=”383651″ count=”20″]

 

Author: Robert Mickalson

Robert Mickalson created the Mickalson Group at Real Brokerage in Santa Clarita. He has been serving home buyers and sellers in and around Santa Clairta, CA for two decades. Robert's passion is to empower his clients with the most relevant housing market information. Bringing a boots on the ground perspective to this blog and also to his newsletter, SCV Cul-de-Scoop, are just a few ways Robert is able to help his clients, and the citizens of North LA County as a whole.