What You Should Do Before Buying a Vacation Home

It’s never too early to begin planning your vacation home purchase.
Here’s what you need to know, whether you’re buying tomorrow or 10 years from now.

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If you’ve been wanting to buy a vacation home (or a permanent one), today we’re going to teach you everything you’ll need to know. We’ll also show you the top 10 best places to buy, so if you don’t have an idea in mind yet, we can give you some great suggestions. Before you decide to purchase your perfect getaway, here are some things to keep in mind.

The market is great, and people who have bought in the last few years have seen their equity skyrocket. There are a variety of loans available, and many don’t necessarily need huge down payments. Even if it’s something you’re simply thinking about, it’s a good idea to see if you’re qualified and find out what your affordability is like. It’s never too early to start planning.

Do research on the area you’re interested in. Is it a seasonal place or does it see traffic year round? What is the market doing? You want to purchase at the right time. You also want to go in with a plan, whether you’re wanting to purchase immediately or years from now. You can even leverage your home as a rental or Airbnb for when you’re not there. There are many different options that can help you pay for your property instead of having to wait and save.

Go in with a plan, whether you’re
wanting to purchase immediately or
years from now.

Don’t have an idea of where to buy? Here are the top 10 places to retire:

10. Lakeland, Florida
9. Dallas Fort Worth, Texas
8. San Antonio, Texas
7. Nashville, Tennessee
6. Grand Rapids, Michigan
5. Pittsburgh, Pennsylvania
4. Austin, Texas
3. Sarasota, Florida
2. Fort Meyers, Florida
1. Lancaster, Pennsylvania

If you need help making a plan, figuring out your numbers, or buying your perfect property, feel free to reach out to us. We have some great agents who will put you on the perfect path toward your vacation home goals. We look forward to hearing from you soon.

Don’t Wait Until Spring: You Can Sell This Winter!

Why wait until spring when you can sell just as well now?
We’ll show you why winter is a great time to list.

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We often have people asking around this season, “Should we sell now or wait until the first of the year?” There are a few points we like to look at to help sellers make that decision. A lot of it also comes down to determining your personal situation and how it plays into what we know about end-of-year statistics.

One thing we know is that there’s less competition toward the end of the year. This means a lot of people do believe they should sell after the new year instead, but it also means that buyers have fewer homes to choose from if you list now. This will ensure your house automatically stands out as a choice for homebuyers.

People are also being relocated or deciding to move. A common moving time is during summer, but another one is around the holidays. Companies tend to move employees before January, allowing families to enroll their children in the second half of the school year. Because there is this time limit, buyers are more motivated and serious in their search around this time. They want to make a quick transition.

Your house automatically stands out
as a choice for homebuyers

The holidays are a great time of year to showcase your home. On top of your decorations, you can show the sense of community your neighborhood holds. We go all out here in Santa Clarita during the holidays, so it’s a great time for people to see your home and those around it in fully decorated splendor.

On top of all this, mortgage rates are still low, and you’ll have quicker transactions and transitions when your home is sold. Buyers want to be settled before Thanksgiving, Christmas, or New Year’s. They’re willing to make great offers and move fast, allowing you to also get to your new residence quickly.

It comes down to what’s best for you and your family, and we’d be more than happy to help you decide what to do. Give us a call and we can walk you through the process. We look forward to hearing from you.

What’s Going on in the Santa Clarita Market Right Now?

Our market is shifting, but what does that mean for you? Keep reading to find out.

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We haven’t done a market update in a while, so I wanted to get one to you today about what’s going on right now in our local and national real estate markets.

In Santa Clarita, there are about 690 active homes on the market right now that are available for sale. Over the last 30 days, there have been 262 home sales.

If we look at the numbers over the last few months, we’re beginning to see a pattern of leveling out. We’ve been so used to extreme highs and lows over the past decade, but every sign is showing that the market is balancing out now. This normal, “boring” appreciation between 2% to 4% a year is good news for our market overall.

There is opportunity for everyone in this market.

We don’t exactly know how long this is going to last, but because our low inventory is gradually increasing and interest rates are bumping up slowly, we’re in a very equal and balanced market.

In any shifting market like this, there is opportunity for everyone. Whether you’re looking to move up, move down, invest, or buy your first home, there’s opportunity out here as long as you know where to look.

If you have any questions for us about how you can take advantage of this market, don’t hesitate to give us a call or send us an email today. We look forward to hearing from you soon.