Santa Clarita Valley Real Estate

The Space Shuttle Endeavour buzzed Southern California Sunday afternoon, with an alerting double sonic boom just before landing at Edwards Air Force base approx. 70 miles north of Santa Clarita. Endeavour's mission saw the shuttle and its crew including Russian flight engineer Yury Lonchakov spend 16 days in space building and servicing the International Space Station (ISS), after launching from Cape Canaveral, on Veterans Day earlier this month. The American and Russian mission allowed Endeavour's crew to celebrate Thanksgiving in space. See the landing here. http://news.bbc.co.uk/1/hi/sci/tech/7757803.stm A dramatic showdown that threatened to remove the US and its partners from the International Space Station (ISS) appears to almost over. US lawmakers eased a trade ban that will allow NASA to buy Russian space transportation services to the ISS until the US can produce their own vehicles not scheduled to launch until 2015. http://news.bbc.co.uk/1/hi/sci/tech/7638188.stm

· The First Thanksgiving Proclamation · Thanksgiving History · MayFlower Myths · National Museum of the American Indian · Pilgrim Hall Museum During the holiday season, I'm grateful and would like to thank you humbly and sincerely for making our progress possible. In this spirit, I send best wishes to you for a happy and warm Thanksgiving holiday. "The greatest gift you can receive is fuel to warm your heart; it´s that fire which also heals your body."

There's no doubt that sales are being driven by favorable prices. Purchases today indicates that buyers realize that housing remains a relatively rare commodity in Southern California, which is expected to add tens of thousands of new residents over the coming years.The median price of single-family homes sold during September declined 37.1 percent from a year ago to a median of $392,500. It was the first time since 2003 that the median dipped below $400,000. The real estate market received some welcomed good news yesterday; after U.S. Treasury Secretary Hank Paulson announced that the government would buy $500 billion worth of mortgage securities from Freddie, Fannie, and Ginnie, representing about 10% of all outstanding securities. That news sent interest rates dramatically lower, with many borrowers locking in 5.5% 30 year fixed mortgages yesterday. This action from the government should begin to increase real estate activity as fence sitters starting buying and locking availab

Buyers and Investors: The Real estate market has changed and the opportunity factor to own your home has been enhanced recently with a large amount of available REO Homes, pre-foreclosure homes, low interest rates, lower home prices, 3% down programs, government programs, first time home buyers benefits, tax advantages, and investment opportunities. Real estate has always been one of the best and safest investments available and the best time to buy is always when the prices are at or near the bottom. Call or email our office for more details on how you can get into a good opportunity! Current Homeowners: Do you need to get out from under your over encumbered property? We can facilitate and negotiate a loan modification with your current lender if you qualify. Sellers: If you need to sell we can arrange to have your property sold with no selling costs to you, or loan balances owed to the lender(s). Our experience with short sales will create the best possible outcome for you, and pr

C.A.R. has created several new resources for REALTORS® and homeowners seeking information on existing mortgage workout programs. To provide members with one easy-to-use document, we’ve developed a chart outlining programs offered by the larger lenders and government entities, including a snapshot on eligibility requirements and contact information. If a lender or loan servicer is not on the chart, homeowners may wish to contact their lender or loan servicer to determine if a workout program is available.We have also developed consumer information sheets containing detailed information on specific programs that you can print or e-mail to share with clients. Please click on the appropriate link below for information on a specific program. HOPE For Homeowners (H4H) Countrywide Financial (Bank of America) Citigroup, CitiMortgage JP Morgan Chase & Co. IndyMac Federal Bank, FDIC Federal Government Loan Modification (Participants include: Fannie Mae, Freddie Mac, Federal Home Lo

The City’s Planning Commission will hear a presentation from City planners and the project consultant regarding the draft Housing Element of the new General Plan on Tuesday, November 18, 2008 at 5 p.m. in City’s Century room located on the first floor of City Hall at 23920 Valencia Boulevard. The draft Housing Element is one of seven elements of the joint City/County General Plan, One Valley One Vision. As a required element of the General Plan, the Housing Element is part of the comprehensive planning document that provides a framework to guide new development in the City. The Housing Element contains information about the number and type of homes that must be built in order to ensure that all residents in the City will have a safe and healthy home in the future. The Element is being prepared to help Santa Clarita meet local and regional housing goals and to comply with State General Plan requirements. The public is invited to attend the study session which will be held before the Pla

Today the Federal Housing Finance Agency the regulator of Fannie Mae, Freddie Mac and the Federal Home Loan Banks (FHLBanks), the Federal Housing Finance Agency (FHFA) strongly supports the Enterprises’ leadership role in setting industry standards for assisting "at risk" borrowers who could lose their homes to foreclosure. Federal Housing Finance Agency announced a major program designed to greatly reduce preventable foreclosures with a simplified, streamlined loan modification program to get struggling homeowners into mortgages that they can afford. It is an achievable goal if homeowners, banks, mortgage servicers, investors, Fannie Mae and Freddie Mac all work together. This streamlined modification program with uniform eligibility requirements will be supported by a consistent, efficient process approved by key industry participants. This program resulted from a unified effort among the Enterprises, Hope Now and its twenty-seven servicer partners, the Department of the Tr