California Real Estate Radio

The TRUTH About Buying a House in Santa Clarita: Don't Make These Mistakes!

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Navigating the Santa Clarita Housing Market: A Guide for Buyers and SellersThe Santa Clarita housing market continues to see movement, with new listings appearing regularly. However, with limited inventory and rising interest rates, navigating the market requires careful consideration. This guide provides essential information for both buyers and sellers in the Santa Clarita area.Current Market Snapshot:Active Listings: As of today, there are approximately 288 active listings across all Santa Clarita Valley cities.Coming Soon Listings: These listings haven't officially hit the market yet, but you can potentially gain early access through a real estate agent.For Buyers:Understanding Adjustable Rate Mortgages (ARMs): While ARMs offer lower initial interest rates, they can be risky as the rate adjusts after a set period, potentially leading to higher monthly payments. ARMs are generally suitable for buyers who plan to stay in the house for a short period, such as 3-5 years.Saving Money on Your Mortgage: Con