Pricing Archives - Santa Clarita Lender

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

by Linda Richardson | Nov 15, 2019 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Pricing, Rent vs. Buy

Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is...

Forget the Price of the Home. The Cost is What Matters.

by Linda Richardson | Nov 7, 2019 | Housing Market Updates, Interest Rates, Pricing

Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic...

How to Determine If You Can Afford to Buy a Home

by Linda Richardson | Oct 30, 2019 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability...

Think Prices Have Skyrocketed? Look at Rents.

by Linda Richardson | Oct 24, 2019 | Pricing, Rent vs. Buy

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject....

Depending on the Price, You’re Going to Need Advice

by Linda Richardson | Oct 22, 2019 | First Time Home Buyers, For Buyers, For Sellers, Luxury Market, Move-Up Buyers, Pricing

To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the market: the starter-home market, the...

3 Signs the Housing Market Is on the Rebound

by Linda Richardson | Oct 3, 2019 | For Sellers, Housing Market Updates, Pricing

The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound. The residential real estate market has been plodding along for most of the year. However, three recent...