Stevenson Ranch Real Estate Market Watch

This Week in Stevenson Ranch

The median list price in STEVENSON RANCH, CA this week is $779,000.  The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

Stevenson Ranch Housing Supply and Demand

Stevenson Ranch home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.

Prices

Prices in Stevenson Ranch appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Thinking About Selling Your Stevenson Ranch Home?

If you're thinking about selling your Stevenson Ranch home, right now is a great time to sell before we enter into the full swing of the summer selling season. The Ricco Sells Homes Team has qualified buyers looking to live in your Stevenson Ranch neighborhood.  

What's My Stevenson Ranch Home Worth? 

Not sure what your Stevenson Ranch home is worth? Receive our custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. We go beyond the copy and paste "Guestimate comparative market analysis" we take our time to give you the most accurate assessment which will help you make the best most well informed decision. 

Stevenson Ranch Housing Report 

Stay up to date with our Stevenson Ranch real estate market trends report. We publish our real time Stevenson Ranch real estate market report weekly. Follow the trends for single family homes or condo's in the Stevenson Ranch area with the Ricco Sells Homes Team.

Jennifer and Gary Ricco
The Ricco Sells Homes Team
RE/MAX of Santa Clarita 

661.803.2093
www.RiccoSellsHomes.com 
LA Daily News Readers Favorite Realtor Choice 2010, 2011, 2012 and 2013
'Quality Consulting Through Continuous Improvement' CAL BRE 01461940 | 01803395 
     

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Stevenson Ranch Real Time Real Estate Market Updates

Real Time Stevenson Ranch Market Update
for the Week of July 8, 2013

The median list price in STEVENSON RANCH, CA this week is $866,950. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

 

Supply and Demand

Market conditions have been consistently cooling in the past several weeks. Because we're still in the Seller's zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer's zone. 

If you're thinking about selling your Stevenson Ranch home before the end of the year, look at your options now. The qualified buyer pool is decreasing with interest rates having risen a full point in the past few weeks. We have qualified buyers looking to live in your Stevenson Ranch neighborhood, we would like the opportunity to earn your business.

To request a real time market report for single family homes or condo's in the Stevenson Ranch area submit your information below.

 
Jennifer and Gary Ricco  
Realtors, Retired Police Officers 
RE/MAX of Santa Clarita

661.803.2093 cell

866.873.6403 fax
www.RiccoSellsHomes.com  
LA Daily News Readers Favorite Realtor Choice 2010, 2011 & 2012

Certified Distressed Property Expert, CDPE since 2008

'Quality Consulting Through Continuous Improvement'

 

License #'s 01461940 | 01903395

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Santa Clarita Pre Foreclosure and Bank Owned Properties For Sale, Did Prices Stabilize? A Year In Review 2009-2010

As your Santa Clarita Certified Pre Foreclosure Specialist team we are here to provide you with the most current short sale (pre foreclosure) and bank owned (REO) property statistics in the Santa Clarita Valley, SCV. Whether you are thinking about buying a home, you need to short sale your home, or are just looking to be educated about the current Santa Clarita real estate market which includes the Stevenson Ranch, Valencia, Saugus, Newhall, Canyon Country, and Castaic areas. Many agents will cut and paste the daily numbers from someone else who has posted them without doing a in depth analysis This only gives you a snapshot, it's not giving you a true picture of what is happening in The Santa Clarita Valley market. I usually do a monthly break down of the bank owned listings vs. the short sale listings, this is my year in review. I have broke down the Santa Clarita Pre Foreclosure & Foreclosure Real Estate Market from January 2009 thru today January 13, 2010 with an in depth analysis. Is it better to buy a bank owned property or a short sale? Look at the numbers, you decide.

BANK OWNED LISTINGS IN STEVENSON RANCH JANUARY 13, 2010:
There are 2 active bank owned (REO) single family homes for sale in Stevenson Ranch, 1 in back up 2 pending. 5 total bank owned listings in Stevenson Ranch.
Average pending list price: $499,900
Average sale price: $517,760 from 12/13/2009 - 01/13/2010 5 homes sold.
The past 30 day period bank owned homes sold $17,860 above the current average pending list price.
BANK OWNED LISTINGS IN STEVENSON RANCH JANUARY 10, 2009:
There were 10 active bank owned (REO) single family homes for sale in Stevenson Ranch, there were 6 homes in back up or pending status. 16 total bank owned listings in Stevenson Ranch.
Average pending list price: $535,800
Average sale price: $549,780 From 12/13/2008 - 01/10/2009 5 homes sold.
The bank owned homes sold $13,980 above the average list price.

ACTIVE SHORT SALE LISTINGS IN STEVENSON RANCH JANUARY 13, 2010:
There are 10 active short sale, pre foreclosure single family homes for sale in Stevenson Ranch, 15 in back up 10 pending. 35 total short sale listings in Stevenson Ranch.
Average list price: $673,459
Average sale price: $503,166 from 12/13/2009 - 01/13/2010 3 homes sold.
The short sale homes sold for $170,293 below the current average list price.
SHORT SALE LISTINGS IN STEVENSON RANCH JANUARY 10, 2009:
There were 26 active short sale, pre foreclosure single family homes for sale in Stevenson Ranch, there were 8 homes in back up or pending status. 34 total short listings in Stevenson Ranch.
Average pending list price: $537,987
Average sale price: $490,500 From 12/13/2008 - 01/10/2009 2 homes sold.
The short sale homes sold $47,487 below the average list price.

1 YEAR SALES SUMMARY FOR STEVENSON RANCH BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 16 now, 01/13/2010: 5 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $549,780 now, 01/13/2010: $517,760
Sale prices have declined $32,020 over the past year.
1 YEAR SALES SUMMARY FOR STEVENSON RANCH SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 10 now, 01/13/2010: 26 inventory has significantly increased.
Average sale price comparison: then, 01/10/2009: $503,166 now, 01/13/2010: $490,500.
Sale prices have declined $12,666 over the past year.
Stevenson Ranch Short sale listings are now selling on average $27,100 less then bank owned.

BANK OWNED LISTINGS IN VALENCIA JANUARY 13, 2010:
There are 10 active bank owned (REO) single family homes for sale in Valencia, 3 in back up 19 pending. 32 total bank owned listings in Valencia.
Average pending list price: $484,231
Average sale price: $492,203 from 12/13/2009 - 01/13/2010 7 homes sold.
The past 30 day period bank owned homes sold $7,972 above the current average pending list price.
BANK OWNED LISTINGS IN VALENCIA JANUARY 10, 2009:
There were 10 active bank owned (REO) single family homes for sale in Valencia, there were 6 homes in back up or pending status. 16 total bank owned listings in Valencia.
Average pending list price: $532,800
Average sale price: $442,730 From 12/13/2008 - 01/10/2009 34 homes sold.
The bank owned homes sold $90,070 below the average list price.

ACTIVE SHORT SALE LISTINGS IN VALENCIA JANUARY 13, 2010:
There are 36 active short sale, pre foreclosure single family homes for sale in Valencia, 54 in back up 45 pending. 135 total short sale listings in Valencia.
Average list price: $471,777
Average sale price: $462,846 from 12/13/2009 - 01/13/2010 13 homes sold.
The short sale homes sold for $8,931 below the current average list price.
SHORT SALE LISTINGS IN VALENCIA JANUARY 10, 2009:
There were 85 active short sale, pre foreclosure single family homes for sale in Valencia, there were 36 homes in back up or pending status. 121 total short listings in Valencia.
Average pending list price: $457,265
Average sale price: $391,266 From 12/13/2008 - 01/10/2009 9 homes sold.
The short sale homes sold $65,999 below the average list price.

1 YEAR SALES SUMMARY FOR VALENCIA BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 16 now, 01/13/2010: 32 inventory has significantly increased.
Average sale price comparison: then, 01/10/2009: $492,203 now, 01/13/2010: $442,730
Sale prices have decreased $49,473 over the past year.
1 YEAR SALES SUMMARY FOR VALENCIA SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 85 now, 01/13/2010: 36 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $391,266 now, 01/13/2010: $462,846.
Sale prices have increased $71,580 over the past year.
Valencia Bank owned listings are now selling on average $20,116 less the short sales.

BANK OWNED LISTINGS IN SAUGUS JANUARY 13, 2010:
There are 9 active bank owned (REO) single family homes for sale in Saugus, 3 in back up 11 pending. 23 total bank owned listings in Valencia.
Average pending list price: $401,091
Average sale price: $402,271 from 12/13/2009 - 01/13/2010 7 homes sold.
The past 30 day period bank owned homes sold $1,180 above the current average pending list price.
BANK OWNED LISTINGS IN SAUGUS JANUARY 10, 2009:
There were 20 active bank owned (REO) single family homes for sale in Saugus, there were 25 homes in back up or pending status. 45 total bank owned listings in Saugus.
Average pending list price: $378,530
Average sale price: $420,155 From 12/13/2008 - 01/10/2009 14 homes sold.
The bank owned homes sold $41,625 above the average list price.

ACTIVE SHORT SALE LISTINGS IN SAUGUS JANUARY 13, 2010:
There are 22 active short sale, pre foreclosure single family homes for sale in Saugus, 37 in back up 23 pending. 82 total short sale listings in Saugus.
Average list price: $429,626
Average sale price: $355,571 from 12/13/2009 - 01/13/2010 7 homes sold.
The short sale homes sold for $74,055 below the current average list price.
SHORT SALE LISTINGS IN SAUGUS JANUARY 10, 2009:
There were 66 active short sale, pre feclosure single family homes for sale in Saugus, there were 25 homes in back up or pending status. 91 total short listings in Saugus.
Average pending list price: $456,980
Average sale price: $425,833 From 12/13/2008 - 01/10/2009 6 homes sold.
The short sale homes sold $31,147 below the average list price.

1 YEAR SALES SUMMARY FOR SAUGUS BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 20 now, 01/13/2010: 9 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $420,155 now, 01/13/2010: $402,271
Sale prices have decreased $11,884 over the past year.
1 YEAR SALES SUMMARY FOR SAUGUS SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 6 now, 01/13/2010: 22 inventory has significantly increased.
Average sale price comparison: then, 01/10/2009: $425,833 now, 01/13/2010: $355,571.
Sale prices have increased $70,262 over the past year.
Saugus Short sale listings are now selling on average $46,700 less then bank owned.

BANK OWNED LISTINGS IN NEWHALL JANUARY 13, 2010:
There are 8 active bank owned (REO) single family homes for sale in Newhall, 2 in back up 10 pending. 20 total bank owned listings in Newhall.
Average pending list price: $379,290
Average sale price: $259,750 from 12/13/2009 - 01/13/2010 4 homes sold.
The past 30 day period bank owned homes sold $119,540 below the current average pending list price.
BANK OWNED LISTINGS IN NEWHALL JANUARY 10, 2009:
There were 14 active bank owned (REO) single family homes for sale in Newhall, there were 15 homes in back up or pending status. 29 total bank owned listings in Newhall.
Average pending list price: $360,189
Average sale price: $330,700 From 12/13/2008 - 01/10/2009 4 homes sold.
The bank owned homes sold $29,489 below the average list price.

ACTIVE SHORT SALE LISTINGS IN NEWHALL JANUARY 13, 2010:
There are 11 active short sale, pre foreclosure single family homes for sale in Newhall, 21 in back up 15 pending. 47 total short sale listings in Newhall.
Average list price: $376,254
Average sale price: $380,475 from 12/13/2009 - 01/13/2010 7 homes sold.
The short sale homes sold for $31,147 below the current average list price.
SHORT SALE LISTINGS IN NEWHALL JANUARY 10, 2009:
There were 33 active short sale, pre feclosure single family homes for sale in Newhall, there were 13 homes in back up or pending status. 46 total short listings in Newhall.
Average pending list price: $418,599
Average sale price: $319,000 From 12/13/2008 - 01/10/2009 2 homes sold.
The short sale homes sold $99,599 below the average list price.

1 YEAR SALES SUMMARY FOR NEWHALL BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 14 now, 01/13/2010: 8 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $330,700 now, 01/13/2010: $259,750
Sale prices have decreased $70,950 over the past year.
1 YEAR SALES SUMMARY FOR NEWHALL SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 33 now, 01/13/2010: 11 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $319,000 now, 01/13/2010: $380,475.
Sale prices have increased $61,475 over the past year.
Newhall Bank owned listings are now selling on average $120,725 less then short sales.

BANK OWNED LISTINGS IN CANYON COUNTRY JANUARY 13, 2010:
There are 15 active bank owned (REO) single family homes for sale in Canyon Country, 5 in back up 24 pending. 45 total bank owned listings in Canyon Country.
Average pending list price: $397,878
Average sale price: $409,812 from 12/13/2009 - 01/13/2010 16 homes sold.
The past 30 day period bank owned homes sold $11,934 above the current average pending list price.
BANK OWNED LISTINGS IN CANYON COUNTRY JANUARY 10, 2009:
There were 39 active bank owned (REO) single family homes for sale in Canyon Country, there were 59 homes in back up or pending status. 98 total bank owned listings in Canyon Country.
Average pending list price: $343,562
Average sale price: $340,813 From 12/13/2008 - 01/10/2009 33 homes sold.
The bank owned homes sold $2,749 below the average list price.

ACTIVE SHORT SALE LISTINGS IN CANYON COUNTRY JANUARY 13, 2010:
There are 36 active short sale, pre foreclosure single family homes for sale in Canyon Country, 65 in back up 45 pending. 146 total short sale listings in Canyon Country.
Average list price: $378,079
Average sale price: $352,300 from 12/13/2009 - 01/13/2010 10 homes sold.
The short sale homes sold for $25,779 below the current average list price.
SHORT SALE LISTINGS IN CANYON COUNTRY JANUARY 10, 2009:
There were 117 active short sale, pre foreclosure single family homes for sale in Canyon Country, there were 40 homes in back up or pending status. 157 total short listings in Canyon Country.
Average pending list price: $388,882
Average sale price: $463,583 From 12/13/2008 - 01/10/2009 6 homes sold.
The short sale homes sold $74,701 above the average list price.

1 YEAR SALES SUMMARY FOR CANYON COUNTRY BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 39 now, 01/13/2010: 15 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $340,813 now, 01/13/2010: $409,812
Sale prices have increased $68,999 over the past year.
1 YEAR SALES SUMMARY FOR CANYON COUNTRY SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 117 now, 01/13/2010: 26 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $463,583 now, 01/13/2010: $352,300.
Sale prices have decreased $111,283 over the past year.
Canyon Country Short sale listings are now selling on average $57,512 less then bank owned.

BANK OWNED LISTINGS IN CASTAIC JANUARY 13, 2010:
There are 2 active bank owned (REO) single family homes for sale in Castaic, 2 in back up 9 pending. 13 total bank owned listings in Castaic.
Average pending list price: $319,450
Average sale price: $348,182 from 12/13/2009 - 01/13/2010 8 homes sold.
The past 30 day period bank owned homes sold $28,732 above the current average pending list price.
BANK OWNED LISTINGS IN CASTAIC JANUARY 10, 2009:
There were 15 active bank owned (REO) single family homes for sale in Castaic, there were 11 homes in back up or pending status. 26 total bank owned listings in Castaic.
Average pending list price: $509,136
Average sale price: $344,416 From 12/13/2008 - 01/10/2009 6 homes sold.
The bank owned homes sold $164,720 below the average list price.

ACTIVE SHORT SALE LISTINGS IN CASTAIC JANUARY 13, 2010:
There are 26 active short sale, pre foreclosure single family homes for sale in Castaic, 34 in back up 14 pending. 74 total short sale listings in Castaic.
Average list price: $407.676
Average sale price: $408,333 from 12/13/2009 - 01/13/2010 3 homes sold.
The short sale homes sold for $657.00 above the current average list price.
SHORT SALE LISTINGS IN CASTAIC JANUARY 10, 2009:
There were 44 active short sale, pre foreclosure single family homes for sale in Castaic, there were 21 homes in back up or pending status. 65 total short listings in Castaic.
Average pending list price: $380,289
Average sale price: $384,966 From 12/13/2008 - 01/10/2009 3 homes sold.
The short sale homes sold $4677.00 above the average list price.

1 YEAR SALES SUMMARY FOR CASTAIC BANK OWNED LISTINGS:
Active Inventory comparison: then, 01/10/2009: 15 now, 01/13/2010: 2 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $348,182 now, 01/13/2010: $344,416
Sale prices have decreased $3,766 over the past year.
1 YEAR SALES SUMMARY FOR CASTAIC SHORT SALE LISTINGS:
Active Inventory comparison: then, 01/10/2009: 44 now, 01/13/2010: 26 inventory has significantly decreased.
Average sale price comparison: then, 01/10/2009: $384,966 now, 01/13/2010: $408,333.
Sale prices have increased $23,367 over the past year.
Castaic Bank owned listings are now selling on average $63,917 less then short sales.

You may have noticed we have reached historic low levels of inventory the past several months here in the Santa Clarita Valley, as of today there are 660 active listings, when in a normal market we have anywhere from 1500-2000. with these number it's our opinion the government/banking institutions created a seller's market. They are taking advantage of a basic supply vs. demand market by cutting off the supply, releasing very few bank owned listings and taking extensive time to approve short sales they have slowed the decline of property values. You can clearly see that President Obama's pressure on the banking industry to streamline loan modifications and short sales is starting to take effect with some banks. If you look closely at my statistics you will see home prices have gone down but some areas are on the rise. It will be interesting to see how this year, 2010 will unfold. How much more will properties loose their values?Will interest rates stay below 5.5%? Will the market be flooded with bank owned properties? Will the banks be more cooperative with short sales, streamlining them? How much more will properties loose their values?

This is a constantly changing housing market, education is Key. As potential buyers or sellers these numbers help you to understand what the price ranges are for bank owned and short sale properties for sale. There is a big misconception when it comes to bank owned properties (foreclosures) and short sales (pre foreclosures). Many are led to believe that there is a fire sale going on, that the banks are giving deep discounts. Banks at this point are in the business to minimize their loss severity, they want to see offers as close to fair market value as possible. In some instances there are listings that are generating multiple offers which results in a higher sale price. Here is where an experienced agent can guide you with these purchases.

You as a buyer need an agent who truly understands this market and can help you get your desired home whether it is a bank owned or short sale listing. With so much information and misinformation you need an above average agent to guide you through these investment opportunities.

My husband and I are Santa Clarita's Certified Pre Foreclosure Specialists, PSC with a Certified Distressed Property Experts designation, CDPE. By dealing with a Realtor who has earned the PSC and CDPE designations, buyer's and seller's ensure that they are working with an experienced Santa Clarita Short Sales Expert that is equipped to handle their specific needs. We want to be the number one real estate agent you call when looking to buy or sell in today's market.

This real estate market has caused unbearable stress and heartache. As a Pre Foreclosure Specialist with a Certified Distressed Property Expert designation we have the training and expertise necessary to minimize our clients financial loss and limit the damage to their credit. We feel that education is key in this market with so much misinformation and foreclosure scams out there, we sought out this education to ensure we could properly help Santa Clarita families get on the path to recovery.
There is a difference between a pre foreclosure and a foreclosure. The time period between the first missed payment and the final bank sale is called the pre foreclosure phase. Foreclosure is a legal process that is initiated whenever a homeowner defaults (stops making payments) on their mortgage(s). When the foreclosure is completed the home is either sold at auction or becomes real property of the lender and is now owned by the lender REO, Real Estate Owned. Many of you have heard these terms on the news lately or see these types of homes in your communities. Would like to know what these terms mean or understand how the short sale process works? Go to short sale, pre foreclosure definitions.

If you or someone you know are in a difficult situation with your property consider us. Homeowners who are in the pre foreclosure process need to speak with an educated agent as quickly as possible. For many homeowners foreclosure is not the only option however most do not get the opportunity to explore solutions. We are Santa Clarita's short sale specialists and would like opportunity to sit down with you and give you a free, no obligation, consultation on this process. We want to be the number one short sale agent you call, we are here to help you avoid foreclosure.

If you would like to search specifically for bank owned or short sale listings in Santa Clarita, or any other areas of Southern California go to: Search the MLS like a Realtor

License number 01461940
*statistical information is reliable but not guaranteed, based on averages

Has California's Housing Market Seen The Bottom Yet?

I gather information and statistics from several online sources, in an effort to balance opinions and find the truths of how this housing and economy mess is really going to impact Buyers and Sellers here in Santa Clarita, Ca. I also believe every action has an equal and opposite reaction, meaning opportunity will blossom from this mess. However the housing market hasn't bottomed out yet. For the third quarter, the closely-watched S&P Case-Shiller national home-price index fell 16.6%, and experts are predicting further declines. Of the top 100 markets, numerous California cities were ranked high amongst the 10 with the worst forecasts.

1. Los Angeles
2008 median house price: $375,340
2009 projected change: -24.9%
2010 projected change: -5.1%
The median home price in the L.A.-Long Beach-Glendale metro area is projected to fall nearly 25% in 2009 - the biggest drop in the country.

2. Stockton, Calif.
2008 median house price: $248,050
2009 projected change: -24.7%
2010 projected change: -4.0%

3. Riverside, Calif.
2008 median house price: $256,540
2009 projected change: -23.3%
2010 projected change: -4.8%

4. Miami-Miami Beach
2008 median house price: $293,590
2009 projected change: -22.8%
2010 projected change: -6.4%
Miami will be nursing the hangover from its epic building boom for years to come. After falling 22% in 2008, prices are predicted to plunge another 23% next year.

5. Sacramento
2008 median house price: $225,140
2009 projected change: -22.2%
2010 projected change: 2.3%
AP Photo/Joan C. Fahrenthold

6. Santa Ana-Anaheim
2008 median house price: $532,810
2009 projected change: -22.0%
2010 projected change: -3.5%

7. Fresno
2008 median house price: $257,170
2009 projected change: -21.6%
2010 projected change: -3.3%
BusinessFacilities.com

8. San Diego
2008 median house price: $412,490
2009 projected change: -21.1%
2010 projected change: -2.9%

9. Bakersfield, Calif.
2008 median house price: $227,270
2009 projected change: -20.9%
2010 projected change: -2.5%

10. Washington, D.C.
2008 median house price: $343,160
2009 projected change: -19.9%
2010 projected change: -5.7%

For Buyers, the above home price projections, along with the lowering interest rates provide great purchasing power for first time buyers, vacation home purchases and investment properties. Its important that buyers utilize a Certified Distressed Property Expert who will educated them on the financial opportunities this market is presenting and how their purchase will help a distressed property owner avoid foreclosure.

For distressed sellers, As Certified Distressed Property Experts, Jennifer and I can consult you on how to use these statistics when submitting for a loan modification or proceeding with a Short Sale to prevent Foreclosure. Our Expertize and understanding of the foreclosure process enables us to prevent many of the pitfalls that are associated with this constantly changing process.

Given the market conditions the need to understand distressed properties is no longer a luxury, this has become a requirement for every Realtor. Those that are buying and selling in this market need an Expert to represent them. Jennifer and I understand this real estate market has caused unbearable stress and heartache. As Certified Distressed Property Experts, we can give you the expertise necessary to save your credit, relieve the uncertainty and most of all, help your family.

If your in Santa Clarita, San Fernando, Simi or Antelope Valley and your in the foreclosure process or facing a financial hardship that's leading you to a foreclosure, please contact Jennifer & Gary Ricco of Keller Williams VIP Properties at 661.290.3837 or www.riccosellshomes.com You can also visit www.distressedpropertyinstitute.com to learn about the designation.