signs of real estate improvement
Signs of real estate improvement here in Santa Clarita valley can be seen in many ways. Of course houses selling is one good sign. Another sign is people actually coming out to buy. As a realtor I feel the momentum as both of these are happening more and more.
Banks are starting to “relax” a bit on their guidelines or are coming up with more programs for everyone to fit into. I have heard about banks letting first time buyers (haven’t owned a home in the last 3 yrs) put only 1% down and a 3% silent 2nd with a fico score of 640.
Another way of knowing the market is doing better is to see construction begin again!