We can all tell that housing is in short supply and prices are going up on Santa Clarita homes listed for sale. In August 2020 the median sales price for a Santa Clarita single family home increased by almost 11% year over year. An astounding number considering we are in the midst of a pandemic.
We’re seeing the same thing nationally. The median price of a home listed for sale went up in September 2020 vs 2019 11.1%. The northeast seeing the greatest gains.
Did you know that despite price gains in home values, you may have a lower monthly payment due to the historically low interest rates we’re seeing? You could buy a home for $300,000 with a 6% interest rate and have a similar or slightly higher payment to a home purchased for $450,000 at todays low interest rates! The purchasing power low interest rates affords you is significant.
Are you in the market to purchase a Santa Clarita home?
Are you considering selling a Santa Clarita home you already own?
I’m here to help. Get in touch with me direct at 661-373-2374 or simply book a phone consultation or in-person appt with me here: https://www.calendly.com/BookRobert