Realtor Report Realtor Report Realtor®Report Realtor
Transcription
Realtor Report Realtor Report Realtor®Report Realtor
Realtor Report ® Realtor Report ® The Official Publication of Southland Regional Association of Realtors April/May 2015 ® The Official Publication of Southland Regional Association of Realtors® Realtor Report ® The Official Publication of Southland Regional Association of Realtors® eXPO Realtor Report Save The Date ® ® rEALTOR The Official Publication of Southland Regional Association of Realtors® Thursday,June 11, 2015 details pg 4 Home Loan to fill every need pg.3 2015 SRAR Urgent Action Needed to Contain Housing Charity Golf Costs pg.7 Classic Photos pg.5 Auto Mileage App pg.2 Volume95 95•Issue Volume Issue44 Quit Tracking Your Auto Mileage with a Pen, Use This AP Instead by Frank Bowen, 2015 Technology Committee Quit Tracking Your Auto Mileage with a A D V ER T I SEME N T What I look for in an application is one that allows me to focus on my business helping to keep me Pen, Use This AP Instead organized. Many agents need to track multiple elements that go into a typical work day especially if you mileage from my odometer and click are door knocking or showing properties the to clients. When I go out for a typical “Start GPS Tracking” button at theday, I track my time that I What I look for in an application is one bottom. When my trip is complete, I just am in a particular area, my footsteps, the people that I meet, as well as the miles I have driven. Since I that allows me to focus on my business open the application again and click the move mytocar within sizeable area as well as to and from each area, I need to be able to set it and helping keep me aorganized. Many “Stop GPS Tracking”, all done. This agents need to track multiple elements forget it. I use the Taxmileage applicationgives that me is available bothtrip iPhone and a record for of my as well asAndroid. that go into a typical work day especially the reason for it. Once a week, I then go if you are door knocking or showing into the web version of the application The application is simple to use. the car II just thetrip. application quickly, fill-in the properties to clients. When I goWhen out I get and into if needed, can open edit the The for a typical day, I track my time that information, the objective and destination from a drop down Thenisenter great thing about thismenu. application that the starting mileage I am in a particular area, my footsteps, you can down load an excel file or print from my odometer and click the “Start GPS Tracking” button at the bottom. my trip is complete, I the people that I meet, as well as the a report (see Report_01 below) of When all just open thedriven. application andmy click the “Stoptrips GPSfor Tracking”, done. This miles I have Sinceagain I move of your easy taxallreporting or gives me a record of my car within a sizeable area as well as to trip as well as the reason for it. Once a week, I then go into version of the application and if tracking. This is notthe a web free application and from each area, I need to be able to so you need to spend the $9.99 per needed, can edit The great thing about this application is that you can down load an excel file set it and Iforget it. Ithe usetrip. the Taxmileage year, which is well worth the value it or print a report Report_01 all provide. of your trips tax reporting application that (see is available forbelow) both ofwill The for freeeasy version works to or tracking. This is not a iPhone and Android. free application so you need to spend thetrack $9.99your per trips year,but which is well worth the value it will provide. does not give you the reporting functionality until you The free version works to to track trips but does not give you the reporting functionality until you The application is simple use.your When have paid the annual fee. The application Ihave get into thethe carannual I just open application paid fee.theThe applicationcan canbebe customized customized andand youyou cancan addadd youryour own purpose that quickly, fill-in the information, the that youcompanies may need iftoyou usewant. you may need to use for tracking. You canown alsopurpose track separate objective and destination from a drop for tracking. You can also track separate down menu. Then enter the starting companies if you want. Report_01 AAgreat about this this company is that they do great thing thing about company is that they do respond feedbackand and work with their customers respond to to feedback work with their customers to build better products. In my review of their to build better products.feedback In product, I provided and they reacted my review of their product, I positively. The main functionality of creating a diary provided feedback and they reacted positively. Thecreating main it easily is essential, since of my driving and functionality of creating trying to go back a week or two and remember what a diary of my driving and a particular was for, can be difficult. This saves creating it easilytrip is essential, since trying to go back a me time, keeps me organized and provides the week or two and remember documentation for my what a particular trip wastaxes, all of which allows me keep onThis lead generation. for,tocan befocused difficult. saves me time, keeps me organized and provides ® the documentation for my taxes, all of which allows me to keep focused on lead generation. by Frank Bowen, 2015 Technology Committee Realtor REPORT President Gaye Rainey $ CONSUMER PRICE INDEXES MARCH 2015 PERCENT CHANGE INDEXES YEAR ENDING MAR 2014 FEB 2014 MAR 2015 FEB 2014 MAR 2015 MAR 2015 0.1 0.5 1.0 Los Angeles Riverside 242.491 241.297 243.738 Orange County Realtor® Report April/May 2015 President-Elect Gina Uzunyan Chief Executive Officer Jim Link Santa Clarita Valley Division President Bob Khalsa www.srar.com Santa Clarita Lender Panel There’s a Home Loan Available to Fill Every Need Clarita Valley Division of SRAR, and Errol panel discussion said rates conceivably also By Gaye Rainey, President, and David Walker might be a half point lower over the same Southland Regional Association of Realtors® Valladares. For anyone hoping to buy a home “the time frame. WHILE LANDING A HOME LOAN IS STEADILY GROwING key ingredient is to think ahead,” said lender Rather than worry about rates, several EASIER AND SMOOTHER, CONSUMERS CAN SPEED Mark Johnson. The most important questions lenders urged borrowers to act now, even THE PROCESS BY PROVIDING DETAILED FINANCIAL lenders must answer before writing a loan if it means they forego a month or two of DOCUMENTATION AS EARLY AS POSSIBLE AND AVOIDING ADVERTISING SUPPLEMENT EXPENSES OR CHANGES IN A HOME PURCHASE include: Can the buyer afford it? Can they working to repair their credit, thus making it likely they‘Mulligan will pay Man’ a slightly higher Santa Clarita Lender Panel OR SABOTAGE A repay the loan? AGREEMENT THAT COULD UNDERMINE to Emcee “I don’t think the industry is very different interest rate. TRANSACTION. There’s a Home Ch s t e a2015 d, Lenders continue to than where it was 20 years For anyone hopingRegister to buy aNowI nfor Hope of the Valley Rescue Mission’s Genesis Loan Available to ago,” Johnson said. “Those work with adjust to recent regulatory home “the key ingredient ciary of the Southland o are the basics. When dealing a Regional l e n d eAssociation r packages the size of New Fill Every Need Golf Classic, which will be held Monday, April with a buyer you have to go w i l l i n g is to think ahead” Club in Simi Valley. City phone books, By Gaye Rainey, President,York and David Walker to lock in Southland Regional Association of Realtors® yet the loan underwriting to the root of it, two years of Player registration is now open. A few tournament spon While landing a home process loan is steadily tax returns, determining how much a buyer today’s rates, which remain extremely will gradually sor slots are still available. The tournament typically sell growing easier and smoother, concan afford.” quickly, but each player in a fully paid foursome received favorable by historical standards. That ease even as lenders sumers can speed the process by Marchagree 16 will get a special early bird gift with a retail v But the panelists agreed that loans lender also should to give the borrower anticipate roundFranklin Loans; Bill Greene, vice president, Self-employed buyers may have to put providing detailed financial docu- another over $35. Registration forms can be found at www.srar. Realtor® Gaye Rainey are abundant with anmore array productsand may thehave benefit if rates drop lower promises beforetothe president, Bank of America; Mike Meena into aof downpayment of rule revisions due to This year’s tournament be the best ever w mentation as early as possible and 2015 President, SRAR president, Augusta Financial; Fred Arnold, more obstacles to work around, but Meena available to satisfy virtually any need, even close of escrow, thus providing shelter fromand lots more a new format, more contests, more prizes hit thisinAugust. avoiding expenses or changes a president, American Family Funding; Cynsaid detailing two years of income is critical, It willenjoying be emceed bydeclines none other than Eric Tracy, aka “th if rates home purchase agreement thatescrow could company for selfemployed buyers, who face higher rate hikes while Eight lenders and two thia Moller, senior escrow officer, Glen Oaks even if it means taking fewer deductions and Mulligan Man.” Many will know of Tracy as a L.A. are undermine or sabotage a transaction. hurdles theofficer, qualifying process because happen to drop lower. representatives convened Tuesday in Escrow; Valencia and Tarlena Owens,in escrow paying higher income taxes. personality, but he also serves as an on-course host and Lenders conFederaland Escrow. they show limited cash flow and their Rule changes allowing forparticipants lower of all skill lev of ceremonies. He makes sure to review current lending conditions tinue to adjust to The panel discushave a great time! Many thanks to the early sponsors of For anyone hoping to buy a tax returns typically reflect low taxable dowpayments and easing rules regarding offer tips on how real estate professionals recent regulatory sion and subsequent event: Spile, Leff & Goor, Supra, and The Box income.home ‘the key ingredientthe money or involvement of cothe sizethe question and consumers canpackages improve odds of and answer isusetoof giftfantastic The SRAR Charity Golf Classic is the largest fund of New York sessionpart were moder-“Show your income, it’s just that simple,” signers are likely toforfuel added lending and winning speedy loan approval. It was the year the Association’s Charitable Foundation—a think City phone ated by Bob Khalsa, non-profit organization. The event includes a terrific da said Mike Meena. “If they didn’t qualify last ahead’ home buying this year, the lenders said. of a regular educational series organized by books, yet the president of the Santa golf, may a delicious dinner, condominium and amazing raffle prizes, with t year,ofsee how this year.” The exception be some the Santa Clarita Division of the Southland loan underwritYet the consensus among the collection of Clarita Valley Division SRAR, and they Errol can qualify stacked in favor of attendees. Opportunities to sponsor ing process will Self-employed buyers may have to put more home owner associations, which are large and small lenders was that prospective Regional Association of Realtors. Valladares. tourn gradually ease For anyone hoping a home “the borrowers, thosemore with a flawed credit into toa buy downpayment and mayeven have rema “committing suicide,” said lender Jeff The participants included: Brian Border, even as lenders history, will find a loan today and, when key ingredient is to think ahead,” said lender rang obstacles to work around, but Meena said Scott. FHA now allows down payments of as branch sales manageranticipate for Wells Fargo; Mark needed, lenders will get creative to make it Mark Johnson. The most important quesA premier event to benefit The Genesis House, from detailing two years of income is critical, another round little as 3 percent, yet some HOAs have not a residential program of Hope of the Valley lenders must answer before writing a work. Johnson, Prospect Mortgage; JefftionsScott, Realtor® Gaye Rainey spon of rule revisions Rescue Mission provides housing loan include: Can the buyer afford it? Can taking Indeed, no one knows where 2015 President, SRAR even if it means fewerwhile deductions sought FHA approval or set that aside adequate raffle vice president sales at Pacific Funding; due to hit this & resources for homeless moms & kids in the sors. interest rates will be six months or a year they repay the loan? and paying higher income taxes. reserve funds for future repairs. Gillian Armenta, senior underwriter at “ILogix San Fernando & Santa Clarita Valleys. August. don’t think the industry is very different from now, some economists believe rates will spon consensus among the Failing to get approval means Eight lenders and Union; two escrowKaren company Crosby, SRAR FHA 7232 Balboa Blvd. - Van Nuys, CA 91406 than where yearsthe ago,” Johnson move to thecollection low- to mid-5of percent range Federal Credit viceit was 20Yet ships representatives convened Tuesday in Valencia year.prospective Some lenders at Tuesday’ s said. “Those are large the basics. When dealing and small lenders later wasthis that traditional buyers will be unable to obtain SRAR Charity Golf Tournament are 100 percent tax-d president, Franklin Loans; Bill Greene, vice to review current lending conditions and panel said credit rates conceivably also with a buyer youborrowers, have to go to theeven root ofthose it, ible. If interested,loans. contact Michelle Gerhard at 818-947 withdiscussion a flawed these low-downpayment president, Bank of America; MiketwoMeena offer tips on how real estate professionals and years of tax returns, determining how might be a half point lower over the same or write via email to [email protected]. history, will find a loan today and, when “That means more investors will buy,” consumers canAugusta improve theFinancial; odds of winning president, Fredmuch Arnold, a buyer can afford.” time frame. Established in 1990, the Charitable Foundation is a speedy loan approval. It was part ofFamily a regular Funding; than worry about rates, several But the panelists agreed that loans arewill get Rather needed, lenders creative to make Scott said,rate“which also means more organization from the SRAR that is run by its own president, American educational series organized by the Santa abundant with an of products available lenders urged borrowers to act now, even if it That, of Directors. The Foundation isit dedicated to improving itarray work. renters.” in turn will make more Cynthia Moller, senior escrow officer, Glen Clarita Division of the Southland Regional to satisfy virtually any need, even for selfmeans they forego a month or two of worksocial and economic well-being of local communities. Indeed, while no one knows where interest difficult Oaks Escrow; and Tarlena Owens,employed escrowbuyers, who Association of Realtors. face higher hurdles ing to repair their credit, thus making it likely for condominium associations to The participants Brian Border, will be orpay a ayear turnrate. their finances around and secure their in the qualifyingrates process because theysix showmonths they will slightlyfrom higher interest officer, Federalincluded: Escrow. branch sales manager for Wells Fargo; Mark limited cash flownow, and their tax returns typiInstead, work with awill lender willing to of escrow, thus providing shelter from rate gift mone some economists believe rates future. The panel discussion and subsequent Johnson, Prospect Mortgage; Jeff Scott, vice cally reflect low taxable income. lock in today’s rates, which remain extremely hikes while enjoying declines if rates happen likely to f move to the lowto mid-5 percent range question and answer session were moderated president sales at Pacific Funding; Gillian favorable by historical standards. That lender “Show your income, it’s just that simple,” to drop lower. ing this y later this year. Some lenders at Tuesday’s Armenta, senior underwriter at Logix saidSanta Mike Meena. “If they didn’t qualify last also should agree to give the borrower the by Bob Khalsa, president of the Rule changes allowing for lower dowpayThe ex Authorizing Signature: ______________________________________________________ Federal Credit Union; Karen Crosby, vice year, see how they can qualify this year.” benefit if rates drop lower before the close ments and easing rules regarding the use of Speakers at the Santa Clarita Division’s recent lenders’ panel included, from left to right: Brian Border, Wells Fargo, branch sales manager; Tarlena Owens, Federal Escrow escrow officer (obscures); Bill Greene, Vice President, Bank of America, home loans manager; Mark Johnson, Prospect Mortgage, the Mark Johnson team; Fred Arnold, American Family Funding, president; Cynthia Moller, Glen Oaks Escrow, senior escrow officer; Mike Meena, Augusta Financial, president; Jeff Scott, Pacific funding, vice president sales; and Gilian Armenta, Logix Federal Credit Union, senior underwriter. minium h “committ FHA now little as 3 sought FH reserve fu Failing traditiona these low “That Scott said That, in t for condo finances a The Southla local trade a serving the SRAR is on Report IN THE SAN April/May 2015 THE VOICE FOR REAL Realtor ESTATE FERNANDO AND SANTA CLARI www.srar.com ® www.SRAR.com | Real Estate Questions? E-mail Gaye Rainey, SRAR 2015 President, c/o DavidW@S REALTOR® expo SAVE THE DATE Thursday, June 11, 2015 9:00 am to 2:30 pm The Odyssey | 15600 Odyssey Drive | Granada Hills, CA 91344 Have fun! Play Games! Win Prizes! Learn Lots! 40 vendor booths participating and each one will offer a unique carnival-style game! Play all the games and win raffle prizes! The more games you play the better your chances to win a prize! FREE LUN FOR F CHES IRST 350 A TTEN DEES ! For more information, contact For more information, contact Jason Arancibia at [email protected] Jason Arancibia at [email protected] or call 818-947-2298 or call 818-947-2298 Each month the 2015 Technology Committee will feature a “Tech Tip” section highlighting a useful service/product or technology to help enhance your business. This month is a screencast provided by 2015 Technology Committee Chairman Nancy Troxell on Google Drive. So follow the link below and turn your speakers up! https://www.youtube.com/watch?v=exT-aJMdCGw&feature=youtu.be Realtor® Report CRISNet MLS IS HARD AT WORK FOR YOU, THE MEMBER Simply use this link to submit your QUESTIONS OR suggestions http://www.srar.com/include/ suggestion_box/?s=mls. April/May 2015 www.srar.com 2015 SRAR Charity Golf Classic April 13, 2015 www.srar.com Realtor® Report April/May 2015 Tax Breaks Before Filing Before Filing Real estate professionals deductible) fun day of golf Dart, and incredible odds helping put a roof over the Southland Regional Association of Realtors® Take Owner Tax Breaks Before Filing With the filing deadline looming, hunting now for deductions could dramatically lower a home owner’s income tax bill. Southland Regional Association of Realtors® Who are dw Pla Class With the filing deadline looming, Homes more energy efficient income is less than $100,000, or $50,000 Realto huntingmade now for deductions could in GOLFERS than $100,000, the deduction is reduced by the taxpayer sleeps in it, cooks in it, and the 2014 may qualify for the residential in Sim if married filing separately. lower a home owner’s 10 percent fordramatically each $1,000 that the adjusted residence has a toilet. Classicare Th tax credit. Tax credits If a buyer’s adjusted gross income is energy gross income exceeds $100,000. That means Interest is deductible on a mortgage of up Master of Ceremonies income taxvaluable bill. efiting off at tax time. especially because they let more than $100,000, the deduction is a buyer making $110,000 or more, cannot to $1 million — or $500,000 if married and — pro Indeed, ownwith a owners offset Indeed, Working owning reduced byThe 10 deduction percentextends for each $1,000 claim the deduction — 10 percentwhat x 10 = they owe the IRS the taxp filing separately. to hole-i a tax adviser is ing a home 100 percent. dollar for dollar for up to 10 percent home truly can pay off that the adjusted gross income exceeds residenc a Mer important, but Info can payhome Contact of the amountBesides spent ontruly certain at tax time. Working $100,000. means a buyer Tips andThat strategies formaking homeowners Inter Plu here are tips on private off at tax time. energyefficiency upgrades. with a taxjust adviser is $110,000 or more, cannot claim the winni to $1 m a few of the Monday, mortgage to lower—their income bill Among the upgrades that might filing Working with important, but here are deduction raffle 10 percent x 10tax = 100 homeownershipse insurance, 13, qualify insurance for thefrom credit: Biomass stoves, tips on just related a fewtaxof the percent. Besides private mortgage a taxApril adviser is 2015 never there’s also government loans used to buy, build, or improve a home. Wood Ranch Golf Club with g heating, and air conditioning, deductions and homeownershiprelated insurance, there’s alsoloans, government important, 301 Wood but Ranch Parkway FHA, VA, and the Ruralventilation, Housing Service. Second mortgages, home equity from Simi Valley, CA 93065 strategies that insulation, water and tax Rainey deductions and or home equity lines of credit to improve Some of those premiums are paidroofs, at closing, hereheaters, are tips on Realtor® Gaye golf c 8:30 a.m. Registration can lower any windows, doors, and skylights. and deducting them is complicated. Also, 2015 President, SRAR aTips home orand to buystrategies or build a secondfor home,homeowners Realtor® Gaye Rainey strategies that can lower just a11:00 fewa.m.ofShotgun the Start and e tax bill: the rules vary among agencies. A taxHome adviser Tax Deductions count towards the $1 million limit. 2015 President, SRAR any tax bill: • Vacation along homeownership• Mortgage toOflower theirisincome tax bill can help calculate— thisThe deduction. particular interest the fact that the rules on taxrelated deductions for • Mortgage Interest in between. Interest Deduction — One of the most tax interest on loans secured by a home but used us vacation Deduction — and One of known the most popular • Prepaid Interest Deductionhomes — Points, are complicated. Registration formsloans are avail popular widely perks of home deductions and for other things, such as sending a child to Seco or prepaid interest, paid when a buyer takes www.srar.com or, for more info Maintain precise records about how and widely known perks of home insurance from FHA, VA, and the ownership is the ability to deduct interest college, can still be deducted for loans up strategies that out a mortgage generally are 100 percent Jason is Arancibia or hom and when a vacation home used.at 818-947-22 ownership is on thehome ability to Congresdeduct Rural payments loans. Some Some those Realtor® Gaye Rainey $100,000Housing — $50,000 ifService. married filing sepa- of deductible in the year they were paid. can lower any email to [email protected]. leaders have on tried to eliminate the who use a vacation home with a home 2015 President, SRAR interest sional payments home loans. premiums and Owners rately — because are a homepaid securesat the closing, loan. If a mortgage is refinanced, tournament promises t bill:Theper interest deduction,leaders an effort that Realtors no more than 14 days oftax rentals year count to Some Congressional have tried with the proceeds used for home ever with a new format, c locally, statewide, and nationwide have • Mortgage can deduct mortgage interest and real and more to eliminate the interest deduction, an Ofmp improvements, the points paid also prizes, cool weather lots resisted, standing shoulder-to-shoulder with Interest Deduction — One ofbe the mostbyout taxes. Rent a vacation home effort that Realtors locally, statewide, are estate deductible in the same year. emceed none other than interest home owners. for more than 14 days and use it fewer and nationwide have resisted, standing popular and widely known perks of home But if an owner refinances to the “Mulligan Man.” for Tracy is To take the deduction the mortgage must be othe get than aownership better15 rateday, orisshortens the treated and it’s like a rental area radio personality, but he al shoulder-to-shoulder with—home the ability to deduct interest secured by a residence to qualify which college, length of the mortgage, or toloans. uses Someon-course host and master of c property. owners. can be a house, trailer, or boat, so long as payments on home Congresthe money for something other participants at all skill levels ha Rentleaders a home of the year and $100,00 To take the deduction the mortgage havefor triedpart the thansional home improvements, such asto eliminate rately — The event includes use it yourself foranmore thanRealtors the greater on-cour must be secured by a Local residenceOpen to qualify interest deduction, State, college tuition, they will need toeffort thatlunch, a delicious dinner, and t of 14 days or 10% of the days rented and — which can be a house, trailer, or boat, deduct the points over theand life of besthave players and foursomes. locally, statewide, nationwide Escrows Surge have to keep income, so long as the taxpayer sleeps in it, cooks theowners mortgage. For example, refi- track of A few opportunities to spon resisted, standing shoulder-to-shoulder with Pending home sales a expenses, andmortgage allocate them on from a t in it, and the residence has a– toilet. nancing into a 10-year mentbased remain, ranging home owners. measure of futureon sales activity howpayment oftenofthe owner usedraffle it and how requires $3,000 in Interest is deductible a mortgage sponsors. All sponsorship ToThe takethe thehouse deduction mortgage must be Charity G points. owner could deduct – soared in February tions for the SRAR often wasthe rented. of up to $1 million — orthroughout $500,000 by ahaving residence to yet? qualifyare— which $300 per yearsecured for 10 years. 100 percent tax-deductible for theseparately. first double- The • PMI and FHA Mortgage Insurance Are we fun if marriedCalifornia and filing Established Premiums — The cost of private mortgage can be a house, trailer, or boat, so long as in 1990, the SR digit annual gain in nearly three deduction extends to loans used to buy, deducting them is complicated. Also, the Tax Deduction — Owners can • Property Foundation is a 501c3 non-pro insurance, known as PMI, can be deducted years and the third straight deduct real estate property taxes paid. Also, build, or improve a home. rules vary among agencies. A tax adviser that is separate from the SRAR as mortgage interest on Schedule A if an if a house was purchased in 2014, check year-to-year increase, suggesting Second mortgages, home equity loans, can calculate thisThe deduction. is dedicated to improving the s ownerhelp itemizes their tax return. change the HUD-1 settlement statement to see if improved conditions and or home equity linesmarket of credit to improve • applies Prepaid Deduction — only to loans Interest taken out in 2007 any property taxes were paid when escrow transactions in home, the a home or tomore buyclosed or build a second Points, prepaid when or later. Theor 2014 tax seasoninterest, is the last paid closed. coming to claimout this deduction unless generally roofs, water heaters, and windows count towards themonths. $1 million limit. aopportunity buyer takes a mortgage • Energy-Efficiency Upgrades — Homes Pending home sales – a skylights. Congress it for 2015, which couldin themade and Statewide pending sales were Of particular interest ishome the fact thatupthe are 100renews percent deductible year more energy efficient in 2014 may happen,were but who can tell in this predictably percent on an annual from but measure oftax future activityHome Tax Deductio interest on 15.6 loans secured by abasis home they paid. qualify for the residential energy credit. sales • Vacation partisan age. February 2014. The yearlyas increase was Tax the credits are especially valuable because used for other things, such sending If a mortgage is refinanced, with rules on tax deductions for vacatio – soared in February throughout Lenders typically require home buyers the largest since April 2009. Pending they let owners offset what they owe the are complicated. Maintain precise a child to college, can still be deducted proceeds for home improvements, • PMI to obtain PMIused if the buyer did not have a California forpercent the first doublehome sales in Southern California IRS dollar for dollar for up to 10 of about how and when a vacation h for loans up $100,000 — $50,000 if the points paid also are deductible in the sizable downpayment, generally 20 percent. jumped 15.2 percent from February the amount spentdigit on certain homegain energyannual in nearly used. three Owners who use aPremiu vacation married filing separately — inbecause same year.on that insurance can be The premium 2014. While open escrows the San a efficiency upgrades. no more than 14 days ofinsuran rentals p years and the third straight home secures the Valley loan.increased 22.4 percent deducted, a buyer’srefinances income is less to Among But ifso long an asowner get athe upgrades that might qualify Fernando can deduct mortgage interest and as mort than $100,000, $50,000 if marriedthe filinglength overFHA February 2014, the largest local • PMI and Mortgage Insurance better rateoror shortens ofcredit: Biomass year-to-year increase, suggesting for the stoves, heating, taxes. Rent a vacation home out fi owner separately. increase 2009.private Premiums — since TheSeptember cost of the mortgage, or to uses the money ventilation, and air conditioning, insulation, than 14 days tha improved market conditions andand use it fewer If a buyer’s adjusted gross income is more only ap mortgage insurance, known as PMI, for something other than home more closed transactions in the or later. can be deducted as mortgage interest on improvements, such as college tuition, coming months. opportu Schedule A if an owner itemizes their tax they will need to deduct the points over Congre return. The change only applies to loans the life of the mortgage. For example, Statewide pending home sales were up taken out in 2007 orwww.SRAR.com later. The 2014 tax refinancing into aQuestions? 10-year mortgage happenc | Real Estate E-mail Gaye Rainey, 2015 15.6 percent on anSRAR annual basis fromPresident, season is the last opportunity claim requires paymentmark of which $3,000 in apoints. partisan February Theofyearly increase was REALTOR® is ato federally registered collective membership identifies real estate professional who is2014. a Member the NATIONAL ASSOCIATION OF REALTORS this deduction unless Congress renews The owner could deduct $300 per year Len the largest since April 2009. Pending it for 2015, which could happen, but for 10 years. to obtai home sales in Southern California who can tell in this predictably partisan • Property Tax Deduction — Owners sizable jumped 15.2 percent from February age. can deduct real estate property taxes The pre 2014. While open escrows in the San Lenders typically require home buyers paid. Also, if a house was purchased deducte Fernando Valley increased 22.4 percent to obtain PMI if the buyer did not have in 2014, check the HUD-1 settlement than $1 over February 2014, the largest local a sizable downpayment, generally 20 statement to see if any property taxes separate increase since September 2009. percent. The premium on that insurance were paid when escrow closed. If a b can be deducted, so long as a buyer’s • Energy-Efficiency Upgrades — WITH THE FILING DEADLINE LOOMING, Indeed,HUNTING owning a home NOw FOR DEDUCTIONS COULD DRAMATICALLY trulyBILL. can pay LOwER A HOME OwNER’S INCOME TAX CharityGolf Fee Includes: *Lunch/Drink #1: _________ #2: _________ #3: _________ #4: _________ Name: ______ Address: ____ E-Mail _____ Phone Numbe Tips to lo Method of Pa ____ Credit C ____ Check (P c Credit Card Ty State, Local Open Escrows Surge THE VOICE FOR REAL ESTATE IN THE SAN FERNANDO AND SAN Realtor® Report April/May 2015 www.srar.com THE VOICE FOR REA Urgent Action Need to Contain Need to Contain Need to Contain Housing Costs Housing Costs Housing Costs Fantastic Odd Win a M Urgent Action Need to Contain Housing Costs Only a few plate nity members c winning a Merc multiple raffle p less mothers a By Gaye Rainey, President, and David R. Walker By Gaye Rainey, President, andBy David R.Rainey, WalkerPresident, and David R. Walker Southland Regional Association of Realtors® Gaye Southland Regional of Realtors® Regional Association of Realtors® While still a bargain from Association the globalSouthland While of still a bargain fromWhile the global perspective high density cities still a bargain from the global like Singapore, California’s cost perspective of highhigh density cities of high density cities Who could ask perspective of housing places heavy burdens Register now, be By Gaye Rainey, President, and David R. Walker • Understand That Some Factors recommended the Legislature focus like Singapore, California’s cost California’s high cost likehigh Singapore, spots are dwind on local residents, requiring them report recommended the Legislature focus • Recognize Targeted Role of Affordon ofburdens the changes needed to promote Are Beyond Policy Makers’ S o u t h l a n d R e g i o n a lofAhousing s s o c i at iplaces o n o f heavy housing places heavy burdens cious few for the on the changes needed to promote adto spend more on housing, take on able Housing Programs. These programs Realtors® Control. Much can be done by state housing construction, with local residents, them recommended the Legislature focus ity Role Golf on local residents, requiring them ditional housingreport construction, with higher Recognize of Affo play an important role in•assuring housingTargeted report recommended the Legislature focus moreon debt, commute fartherrequiring toadditional work, •Classic Recog WHILE STILL A BARGAIN FROM THE GLOBAL by the Southlan density in urban areas among the top and local governments to promote higher density in urban areas among access for many Californians with unmet on the changes needed to promote adto spend more on housing, take on abletoHousing These pro and often live in crowded conditions. on the changes needed promote Programs. adto spend more on housing, take on able Ho considerations. ditional housing construction, of R PERSPECTIVE OF HIGH DENSITY CITIES LIKE housing Thehousing report noted, withneeds. higher construction play an however, important roleAssociation in assuring top to considerations. more debt, commute farther work, Housingthe in the ditional housing construction, with higher play anhoi1 more debt, commute farther to work, additional Monday, April that the scale • Put All PolSINGAPORE, CALIFORNIA’S HIGH OFlive HOUSING density in urban areas amongdensity the topin urban areas State access for many with un among the topCalifornians and therefore slow •and Put All Policy andCOST often inGolden crowded conditions. often live in crowded conditions. of these Wood access Ranch fo G icy Options is still a steal to PLACES HEAVY BURDENS ON LOCAL RESIDENTS, California’s High Housing Costs considerations. housing needs. The report noted, how considerations. housing down growth in programs— Options on the Simi Valley. on the Table. Housing in the Housing in the Causes and Consequences many foreign REQUIRING THEM TO SPEND MORE ON HOUSING, the even if greatly The that Associat • Put All PolGiven • Put All Polhome prices and Table. Golden State the buyers, but the Golden State TAKE ON MORE DEBT, COMMUTE FARTHER TO wORK, increased— of these fund raiser of th magnitude of icy Options fact remainsisthat icy OptionsHigh Housing still a steal to t h e rents. Costs is still a steal California’s to California’s High Hous could not meet benefiting Hope AND OFTEN LIVE IN CROwDED CONDITIONS. compared toG i v ethenproblem, program on the Table. on the Table. many Causesthe and Consequences many foreign magnitude Some factors, mthe a g nforeign i the t uLegislad e o fGiven the leyCauses Rescue Miss the rest of evenand if g Given the buyers, but the of new hous- suchHouse Housing in the Golden StateUnited is States ture would buyers, but the — prom however, as the problem, themagnitude of increase ing required. magnitude of need to take a fact remains that a balmy, fun-fill fact remains that still a steal to many foreign buyers, California’s high to could no Legislature wouldthe problem, Targeteddemand procomprehenthe problem, offers two holecompared to housing costs compared to but the fact remains that compared grams could the mag live in the state and sive approach need to take a the Legislaportunities to w pose a major the Legislathe rest of the the rest of the supplement to the rest of the United States that addresses of new challenge, makDodge Dart or h natural limitations c oUnited m p r States etheh problem e n s i v eture would Realtor® Gaye Rainey ture would United States more private California’s housing costsSRAR poseingait more Plus, the odd ing requ 2015 President, need to take a on developable need to take a a pCalifornia’s p r o afrom c hmultiple that housing California’s difficult for multipleTargete raffle p majorchallenge, making it more comprehenconstruction comprehenangles and housing costs land, largely never are been bette a d d r e s s e s t h e housing costs companies to grams c by assisting difficult for companies hire employees. and p rpose sive approach hire and retainto qualified beyond the control pose a major ranging from go o bal major ereexamines m policies, f r o msive approach families with supplem major that addresses Dating back to the 1940s, local housing that addresses retain qualified employees. challenge, makwith everything challenge, makRealtor® Gaye Rainey multiple of policy makers. angles and reexamines limited access to market rate housing, such Realtor® Gaye changes Rainey including toproblem local government land more pr has long2015 been more expensive than most the the problem ing it more President, SRAR Dating back to the 1940s, local ingchanges it moreand to as people experiencing homelessness, thoseand rents President, SRAR use authority, local finance, CEQA, As a result, home prices policies, including of the rest of the nation—currently major two- 2015 housing from multiple from multiple difficult other for major policies with mental or physical health challenges, Than for thatdifficult address Califorhousing has and-a-half long been more times the average national homegovernment in California likely will remain construc local land use authority, angles and thoseand with very low incomes. angles companies nia’sto high housing costs.and Event S companies to withof rentsthe 50 percent the expensive than price most rest higher of than forFactors the Are foreseeable by assist local finance, CEQA, and other major above-average reexamines •reexamines Understand That Some hire and retain qualified employees. U.S. average. hire and retain qualified employees. Ace S the nation—currently twoanda-half major policies, Beyond Policy Makers’ Control.policies Much future, even if public highly families policies that California’s major policies, A recent report back by theto state’s Dating theLegisla1940s, local housing Dating backaddress to the 1940s, local housing CRa limited access to market rate housing can be done by state and local governments times the average national home including changes to local government land tive Analyst confirmed what Realtors have limited including changes local government land favorable to newtohousing construction has long been more expensive high housing costs. hasthan longmost been more expensive than most to promoteand additional housing construction as people experiencing homelessness along—that the higher cost is Eagle use authority, local finance, CEQA, as people price with rentsknown 50ofall percent higher use authority, local finance, CEQA, and the rest of the nation—currently twoinstituted thatmental slowed futureSuprachalle Targeted Role ofRecognize the rest of the nation—currently two- of were and therefore slow downwith growth in home physical primarily driven by less housing being •built other major policies that address Califorwith me otherand major thatcosts. address or Califor- •health than the U.S. average. times the average national home prices rents. and-a-half times the averagePrograms. national home growth in policies housing in theand-a-half state’s major coastal markets, where Affordable Housing •incomes. Logix and those with very low nia’s high housing costs. andSmar thos nia’s high housing costs. Some factors, however, such as high price with 50 percent higher thanrents the 50 A recent report by the rents demand for homes isstate’s highest and prices priceprograms with percent higher thanrole the These play an important • CBS Studio demand to live in the state and natural • Understand That Some Factors are bid up. • Under U.S. average. U.S. average. Legislative Analyst confirmed what in assuring Birdie limitations on developable land, largely are Makers’ Control. California would report have to build anstate’s ad- Legisla-housing access for many Beyond Policy M Beyond A recent by the A recent report by the state’s LegislaRealtors have known all along—that • Keller William beyond the control of policy makers. ditional 100,000 housing units eachCalifornians year on with unmet housing can be done by state and local govern can be d tive Analyst confirmed whattive Realtors have Realty As a result, home prices and rents in of the 100,000 todriven 140,000 expected to Analyst confirmed what Realtors have the higher costtopisprimarily needs. The report noted, however, to promote additional housing const to promo known all along—that the higher cost is • Shane, DiGiu California likely will remain above-average known all along—that the higher cost is constructed to slowin rising housing prices. by less housingbebeing built the in h Rodgers, LLP thatprimarily the scale these programs— for the foreseeable future,and eventherefore if public slow down growth and ther primarily less housing being built of The Legislativedriven Analystbyand Realtors driven by less housing being built • Spile, Leff & state’s major coastal markets, where policies highly favorable to new housing prices and rents. statewide urged the Legislature to pass prices an in the state’s major coastal markets, wheremajor even if greatly increased— could not in the state’s coastal markets, where construction were institutedSome that slowed laws that promote more factors, however, such Some asHole hig demand for homes iswould highest and demand for homes is housing, highest and prices demand for homes is highest andhousing prices meet the magnitude of new • Escrow Techno future growth in housingdemand costs. to live in the state especially in coastal regions. and natur prices are bid up. demand are bid up. are bid up.Targeted programs could • The Box Pro required. The Southland Here are some limitations on developable land, large • Cutco Closing limitatio California would to build an ad- would have to build an adRegional AssociaCalifornia would to build anhavesupplement California of thehave reports’ key more private housing • Nordhagen &D tion of the Realtors® beyond control of policy makers. beyond ditional 100,000 housing units each year on recommendations: ditional 100,000 housing units each year on additional 100,000 housing units construction Exterminatingt is a local trade by assisting families As a result, home prices andAs rents ar of the 100,000to to 140,000 to topexpected of the 100,000 to 140,000 expected to association with • Aim to Build Photo each year on top oftop the 100,000 with limited access to market rate California likely will remain above-a more than 9,100 Californ constructed to slow rising housing prices. More be Housing in • Loans by Lela be constructed to slow rising housing prices. 140,000 expected to be constructed housing, members serving for the foreseeable future, even pub Coastal Cities, such as people forifthe fo The Legislative Analyst andThe Realtors Hole In One Legislative Analystexperiencing and Realtors the San Fernando to slow rising housing prices. The Densely. With the policies highly favorable to new hous • Rydell Chrysle and Santa Clarita policies h statewide urged the Legislature to passurged those homelessness, with mental or statewide the Legislature to pass greatest need for Realtors • Mercedes Ben valleys. SRARwere is Legislative Analyst construction instituted that slow construc lawsand that would promotephysical more challenges, and those lawshousing, thathealth would promote more housing, one of the largest additional housing Tee future in housing costs. statewide urged the Legislature futureSig gr especially in coastal regions. local growth associations in especially in coastal regions. in California’s coastal with very low incomes. • Dee Sign Com the nation. The South Here some urbanwould areas, the are to pass laws that promote Here are some Regional A Legislative of theAnalyst’s reports’ key of the reports’ key more housing, especially in coastal tion of Rea recommendations: recommendations: regions. is a local tr association Aimreports’ to Build key • Aim to Build Here are some of •the more than in More Housing in recommendations: More Housing members | Real Estate Questions? E-mail Gaye Rainey, SRAR 2015 Press Coastalwww.SRAR.com Cities, Coastal Cities, • Aim to Build More Housing in the San Fe REALTOR® registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION Densely. With theis a federallyDensely. With the and Santa Coastal Cities, Densely. With the greatest need for valleys. SR greatest need for greatest need for additional housing one of the additional housing additional housing local associ in California’s coastal urban areas, in California’s coastal in California’s coastal the nation urban areas, the the Legislative Analyst’s report urban areas, the Figure 1 Home Prices Higher in California Than in Other Large Statesa Median Home Value, January 2015 California Massachusetts New Jersey Washington Colorado Maryland New York Virginia Arizona Minnesota U.S. Average Florida Figure 1 Illinois Figure 1 Home Prices Higher in California Than in Other Large Statesa Home Prices Higher in California Than in Other Large Statesa Wisconsin Pennsylvania Median Home Value, January 2015 North Carolina Median Home Value, January 2015 Louisiana California Georgia Texas Massachusetts South Carolina New Jersey Missouri Washington Tennessee California Massachusetts New Jersey Washington Colorado Alabama Colorado Maryland Michigan Ohio New York Indiana Virginia 200,000Arizona 100,000 a Figure shows largest 25 states according to population. Maryland New York Virginia 300,000 400,000 $500,000 Arizona Minnesota Minnesota U.S. Average U.S. Average Florida California Home Prices Have Grown Much Faster Than U.S. Prices Florida Illinois Illinois Wisconsin Inflation-Adjusted Median Home Prices in 2015 Dollars $500,000 Pennsylvania California's Major Metros Are All Carolina Less Affordable Than the Average U.S. North Metro North Carolina 450,000 Louisiana California 400,000 Median Share of Household Income Spent on Housing,Louisiana 2013 Georgia United States Wisconsin Figure 11 Pennsylvania Georgia Texas 350,000 300,000 Los Angeles South Carolina San Diego Missouri Riverside-San Bernardino Tennessee Santa Ana-Anaheim Ohio Bakersfield Indiana Indiana San Francisco 100,000 100,000 Alabama Michigan Sacramento Ohio 150,000 Tennessee Oakland Michigan 200,000 Missouri Fresno Alabama 250,000 Texas South Carolina 200,000 San Jose 300,000 400,000 States' Major Metros a Figure shows largest 25 states Other according to population. 20 50,000 1940 22 $500,000 100,000 200,000 300,000 400,000 $500,000 a Figure shows largest 25 states according to population. 24 26 28 30% 1960 1970 1980 1990 2000 2010 California Home Prices Have Grown Much 2015 Faster California Than U.S. Home PricesPrices Have Grown Much Faster Than U.S. Prices 1950 Inflation-Adjusted Median Home Prices in 2015 Dollars $500,000 Inflation-Adjusted Median Home Prices in 2015 Dollars Figure 11 Figure 11 California's Major Metros Are All California's Major Metros Are All Less Affordable Than the Average U.S. Metro Less Affordable Than the Average U.S. Metro $500,000 THE VOICE FOR REAL ESTATE IN THE SAN FERNANDO AND 450,000 450,000 California 400,000 Median Share of Household Income Spent on Housing, 2013 Median Share of Household Income Spent on Housing, 201 California United States 400,000 350,000 United States Los Angeles 300,000 Los Angeles San Diego 350,000 San Diego Riverside-San Bernardino Riverside-San Bernardino Santa Ana-Anaheim 300,000 Santa Ana-Anaheim Fresno 250,000 250,000 Fresno Oakland Oakland Sacramento 200,000 200,000 150,000 Sacramento Bakersfield Bakersfield San Francisco 150,000 San Francisco San Jose 100,000 Legislative Analyst’s www.srar.com San Jose Other States' Major Metros 100,000 Other States' Major Metros 20 50,000 22 24 50,000 1940 1950 1960 1970 Legislative Analyst’s Realtor® Report 1980 1990 2000 1940 2010 1950 2015 1960 1970 April/May 2015 1980 1990 2000 2010 26 28 20 30% 22 24 2015 THE VOICETHE FORVOICE REALFOR ESTATE INESTATE THE SAN REAL INFERN THE REALTOR . .gov edu .biz .org .com .tv .net The only one domain means the trusted source in Real Estate. Only members of the NATIONAL ASSOCIATION OF REALTORS® can call themselves REALTORS®. And only REALTORS® are allowed to use the new .REALTOR domain. In a complicated online world, it doesn’t get any simpler than that to let your prospects and clients know you adhere to our code of ethics and professionalism and are a source they can trust. Clearly communicate your status as a REALTOR® right in your url. Reserve your .REALTOR domain as soon as it is available. www.REALTOR.org/domain Realtor® Report April/May 2015 www.srar.com SRAR 2015 Education Committee Presents: Contracts Taught by Jeff Kahn (Featuring the New Residential Purchase Agreement) Tuesday June 9th, 2015 1:00pm to 5:00pm SRAR Auditorium 7232 Balboa Blvd. Van Nuys, Ca. 91406 $25.00 For SRAR Members $35.00 For Non-Members Don’t miss this opportunity to get a line by line review of the new Residential Purchase Agreement and related CAR documents! Seating is Extremely Limited!! You must register in advance. To pay by check make payable to SRAR and mail to SRAR 7232 Balboa Blvd. Van Nuys, Ca. 91406 (ATT’N Educ. Dept.). Or fax this form with credit card information and signature to (818) 786-4541 , or email it to [email protected] Class Room Style seating is extremely limited. If registering late, please call first to check availability. Call Vince at (818) 947-2268 to check for availability. NAME__________________________________________________ MEMBER #_________________________ ADDRESS__________________________________ CITY____________________________ ZIP______________ PHONE # (_____) ___________________ THIS PORTION TO BE COMPLETED OR CREDIT CARD PAYMENT ONLY VISA/MC/AMEX/ DISCOVER #: ___________________________________________EXP. DATE __ __ /__ __ Month Year AMOUNT $ _____________ SIGNATURE_____________________________________________ REFUND POLICY: 24-hours notice prior to course date. No refunds honored on or after course date. A $10.00 administration fee will be charged on all cancellations. SRAR reserves the right to cancel / reschedule any course. If SRAR cancellation occurs, a full refund will be issued. (June 9th 2015Contracts) www.srar.com Realtor® Report April/May 2015 Legislative Meet & Greet May 8, 2015 4:00pm to 6:00pm SRAR Auditorium Van Nuys, CA To benefit CAR’s REALTOR® Action Fund You are cordially invited! Come meet and mingle with elected officials Califorina State Tresurer John Chiang Assemblyman Matt Dababneh Assemblyman Mike Gatto Congressman Steve Knight Assemblyman Scott Wilk Councilman Paul Krekorian Councilman Mitchell Englander Congressman Tony Cardenas LA City Councilmember President Pro Tempore Wine, Beer, & Hors d'oeuvres $20 Contribution to if paid by REALTOR® May 4th Action Fund Tickets: www.srar.com/tickets $25 at the door Political contributions are not tax deductible as charitable contributions for federal and state income tax purposes. All contributions received will be allocated among the following California Association of REALTORS® (“C.A.R.”) political action committees at the door makes independent expenditures in support of or opposition to candidates); CREPAC (which supports state and local candidates); and IMPAC (which supports local and state ballot measures and other issues that impact real property in California). You individual’s membership status in the California Association of REALTORS®. No member will be favored or disfavored by reason of the amount of his/her contribution or his/her decision not to contribute. 10 Realtor® Report April/May 2015 www.srar.com HELP PROTECT YOUR LIVELIHOOD Contribute to the REALTOR® Action Fund Today! Name: (please print): ____________________________________________________________________________________ NRDS# (must include):_____________________________________Association:_____________________Region:_________ 18 BILLING Address: ______________________________________________________________________________________ City: ___________________________________________________________ State: ____________ Zip: ________________ Phone Number: ________________________________Email: ___________________________________________________ Legislative Meet & Greet Friday, May 8, 2015 | SRAR, 7232 Balboa Blvd, Van Nuys REALTOR® Action Fund Contribution: $20 Early Bird - Legislative Meet & Greet Payment & form must be received by May 4, 2014 $25 At the Door - Legislative Meet & Greet Payment Method: Credit Card: Ƒ Visa Ƒ MasterCard Ƒ American Express Ƒ Discover Card Type: Ƒ Personal Ƒ Corporate Card Number: ____________________________________________________ Exp Date: ___________________ Name on Card: _______________________________________________________________________________ Signature: ____________________________________________________*Security Code___________________ Name (if different from on card): __________________________________________________________________ Payment Method: Check: Payable to “CAR RAF” Please include your NRDS# in the memo section of your check Fax: Mail Check: Contact: Fax completed form to 818-786-4541 Attn: Karen Marten | SRAR | 7232 Balboa Blvd. | Van Nuys, CA 91406 Karen Marten at 818-947-2254 or [email protected] *Most cards have 3 digits on the back of the credit card; AMEX cards use 4 digits located on the front of the card. Political contributions are not tax deductible as charitable contributions for federal and state income tax purposes. All contributions received will be allocated among the following California Association of REALTORS® (which makes independent expenditures in support of or opposition to candidates); CREPAC (which supports state and local candidates); and IMPAC (which supports local and state ballot measures and other issues that impact real property in California). You may give more, or less, or nothing at all. Failure to contribute will not or disfavored by reason of the amount of his/her contribution or his/her decision not to contribute. www.srar.com Realtor® Report April/May 2015 11 Posting The following Real Estate Brokers have applied for Realtor® membership. If you have any objections to an applicant's admittance, the objection should be submitted in writing to the Membership Committee at once. In the event a qualified complaint is received, the complaint will be forwarded to the applicant and to the Chairman of the Membership Committee to ascertain that the complaint comes within the purview of the 7 point criteria established by the National Association of Realtors®. If it does not, the complainant is notified and the applicant is admitted to membership. If it does, the Membership Committee Chairman shall appoint a panel of 3 members from the committee to interview the applicant. The Panel shall make its recommendation to the Membership Committee, which shall then forward its recommendation to the Board of Directors. If the committee recommends disapproval of the application, the Board of Directors will review the recommendation and render a final decision. 12 first posting second posting Crown, Kyle Allen Western Holdings Group 317 Queensbury St. Thousand Oaks, CA. 91360 Pappas, Elias P. Pappas Realty 17949 Raymer St. Northridge, CA. 91325 Berger, Aaron Equitable Realty & Services 4338 ½ Laurel Canyon Blvd. Studio City, CA. 91604 Haan, Kenneth Taeho Haan & Haan Investments and Properties Inc 3699 Wilshire Blvd. #860 Los Angeles, CA. 90010 Dechner, Gilad Dechner Realty 6428 Bayberry St. Oak Park, CA. 91377 Rogowski, Leonard John LJR Co 22817 Ventura Blvd. #406 Woodland Hills, CA. 91364 Betancourt, Yvette Betancourt Real Estate Group 15506 Moorpark St. #104 Encino, CA. 91436 Lewis, Kaye M. Kaye Lewis 6750 Whitsett Ave. #113 North Hollywood, CA. 91606 Espino, Chauncey Jason Chauncey Espino 27715 Bridlewood Dr. Castaic, CA. 91384 Russo II, Frank So-Cal Real Estate Solutions, Inc. 6008 Hackers Lane Agoura Hills, CA. 91301 Davis, Jeffrey Jeffrey Lee Davis 6454 Van Nuys Blvd. #150 Van Nuys, CA. 91401 Mohad, Hamida Mohad Hamida 7423 Pomelo Dr. West Hills, CA. 91304 Haas, Granville Spencer Granville Haas 8444 Reseda Blvd., Ste. J2 Northridge, CA. 91324 Simpson, Chelsie Chelsie Simpson 6514 Yolanda Ave. Reseda, CA. 91335 Dickman, Shayne Shurack Shayne Shurack Dickman 20701 De Forest St. Woodland Hills, CA. 91364 Montalvan, Angel Renato A. Montalvan 17605 Wren Dr. Canyon Country, CA. 91387 Karandish, Saeid LGI Association, Inc. 9010 Tobias Ave. Panorama City, CA. 91402 Staub, Caroline Simone The Boutique Real Estate Group Inc. 3653 E. Coast Hwy. Corona Del Mar, CA. 92625 Frid, Maxim Maxim Frid 8159 Santa Monica #200 West Hollywood, CA. 90046 O’shea, Laurent George Elite Mortgage Funding, Inc. 23733 Malibu Rd. #500 Malibu, CA. 90265 Khawaja, Fawzia JFK Realty & Loan Depot Inc. 7355 Topanga Canyon Blvd. Canoga Park, CA. 91303 Levy, Efrat Ziegel Group 4500 Woodman Ave., Ste #A Sherman Oaks, CA. 91423 Wali, Kelly Kelly Wali 21221 Clarendon St. #137 Woodland Hills, CA. 91367 Gallagher, Amy Century 21 Hometown Realty 102 Bridge Street Arroyo Grande, CA. 93420 Parikh, Sagar Paresh Dream House Investments, Inc. 6404 Wilshire Blvd. Ste. 650 Los Angeles, CA. 90048 Zubyan, Nikolay A & R Real Estate 10059 Crimora Ct. Sacramento, CA. 95827 Garabedian, Hirma Hirma Garabedian 17338 Bullock St. Encino, CA. 91316 Meneshian, Gregory H. Valley State Realty 8620 Hillcroft Dr. West Hills, CA. 91304 Abusleme, Gianfranco / Keller Williams North Valley / Porter Ranch Andrade, Karina / Jose Lomeli Haro / Sylmar Andrianopoulos, George / Re/Max Estates / Sherman Oaks Angeles, Jose Fajardo / Vision Quest Realty Group Inc. / Glendale Anglin, James / R.R. Gable, Inc. / Simi Valley Ansari, Nadia / Pinnacle Estate Properties / Northridge Anvari Saab, Pegah / CA Financial Rlty / Woodland Hills Apkarian, Christine Ani / Re/Max Grand Central / Tarzana Assefa, Elias / Pinnacle Estate Properties / Northridge Beck, Katelyn Celia / Century 21 All Moves / Granada Hills Beladjian, Christine Elizabeth / Park Regency Realty / Granada Hills Bitanga, Maria / Coldwell Banker Greater Valleys / Granada Hills Bitran, David / So-Cal Real Estate Solutions, Inc. / Agoura Hills Blake, Michael Ian / General Realty Group, Inc. / Sherman Oaks Bohorquez, Benjamin Alfredo / Century 21 Albert Foulad Realty / Encino Brunstad, Tatiana Yancy / Dilbeck Real Estate / Valencia Buckman, Rachel Z. / Bill Toth and Associates / Burbank Castillo, Veronica Ivania / Krista-Leanne Yates Broker / Tarzana Chagaian Jr., Sedrak / Exclusive Estate Properties Inc. / Toluca Lake Chandani, Sanjay / Coldwell Banker Residential Brokerage / Studio City Chernichovski, Alvira / Keller Williams Calabasas / Calabasas Chitchian, Nonna / Coldwell Banker Greater Valley / Granada Hills Chittenden, Michael Wallace / Re/Max Grand / Tarzana Clark, Juliet Dillon / Kellar-Davis, Inc. / Santa Clarita Cordova, Jason Ryan / Rodeo Realty / Beverly Hills Corona, Maria Navarro / Coldwell Banker Residential Brokerage / Studio City Covington Jr., Brock Elliott / Keller Williams Realty / Westlake Village Croslin, Tamara Sharnell / Rodeo Realty / Woodland Hills Curran, Martin Thomas / Bill Toth and Associates / Burbank Della Ripa, Victor E. / Pinnacle Estate Properties, Inc. / Calabasas Dicce, Domenick Repka / Pinnacle Estate Properties, Inc. / Encino Realtor® Report Dier, Jennifer Ellen / Jennings Realty / Frazier Park Duck, Alonzo / Pantera Real Estate, Inc. / Simi Valley Dudzik, Johnny / Real Estate eBroker Inc. / Oceanside Fernandez, Chantalle Sukharangsan / Ocean Gold Properties Inc / Valencia Finn, Kristi Irean / Mountain Properties / Pine Mountain Club Floyd, Kyle / Keller Williams Realty Calabasas / Calabasas Gage, Tracy Marie / Dilbeck Real Estate / Studio City Galati, Denise Christine / Intero Real Estate Services / Valencia Galyan, Harutyun Harry / SoCal Real Estate Services / Valley Village Gancman, Bronia / Index Real Estate Investment, Inc. / Van Nuys Genender, Matthew / Pinnacle Estate Properties, Inc. / Encino Ghazaryan, Avag / Titus Realty Inc. / Panorama City Ghent Howard, Michelle Kate / Ladonna Galang, Broker / Santa Clarita Giang, Son / Prestige Estate Agency / Los Angeles Gilbert, Sonja / Kenneth B. Dorfman R.E. / North Hollywood Gomez, Robert / ValleyCrest Investments / Tarzana Gomez, Teresa / Global Premier Properties, Inc. / Mission Hills Graisel, Jonathan / Keller Williams Realty Calabasas / Calabasas Gregerson, Frances Genevieve / Pinnacle Estate Properties / Northridge Gross, Eric Stephen / Dilbeck Real Estate / Calabasas Guardino, Ashley / Cobalt Realty Group / Valencia Hamer, Michelle Anne / Bill Toth and Associates / Burbank Hansen, Kourtney Bailey / RE/MAX of Santa Clarita / Santa Clarita Hashemi, Kian / Crestico Realty / Woodland Hills Hayes, Philip Maurice / Pinnacle Estate Properties / Northridge Hayhurst, Zoila Suyapa / Global Premier Properties, Inc. / Mission Hills Henryhand, Arriane / Century 21 Albert Foulad Realty / Encino Ivanova, Mina Emilova / Rodeo Realty / Calabasas Jennings, Tracey / Pantera Real Estate / Northridge Jones, Kimberly Lynette / United Real Estate & Auction / Tarzana Joyce-Torrez, Latrice M. / Dilbeck Real Estate / Studio City Kemhadjian, Kimberley / Hasco Realty, Inc. / Northridge Khawaja, Jamal / JFK Realty & Loan Depot, Inc. / Canoga Park King, Kristin Catherine / Ramsey-Shilling & Assoc. / Toluca Lake Komisar, Victoria / Coldwell Banker Calabasas / Calabasas Kuras, Anna / Dilbeck Real Estate / Valencia Kurfurst, Holly Rae / Troop Real Estate, Inc. / Valencia LaVondra, Lucky R. / Keller Williams Realty-Studio City / Studio City Macias, Magnolia / Keller Williams North Valley / Porter Ranch Martin, Veanet / Pinnacle Estate Properties, Inc. / Mission Hills McIntosh, Callie / Realty Executives / Valencia Monroe, Garett E. / Aviara Real Estate / Westlake Village Monzon, Marie Louise / Century 21 All Moves / Granada Hills Muscarella, Samantha Meredith / Pinnacle Estate Properties, Inc. / Mission Hills Napal, Ann / Berkshire Hathaway HomeServices California Properties / Sherman Oaks Nassir, Sharokh / Dilbeck Real Estate / Studio City Nathan, Rhonda Jo / Cobalt Realty Group / Valencia Orantes, Latrice Annette / Gold Keys Realty / Valencia Palacin, Alcalde Julia / Keller Williams Calabasas / Calabasas Peggs, Michael / HomeSmart NCG Inc. / Valencia Perez, Fernando Alberto / San Fernando Realty, Inc. / San Fernando Perez, Tomas Alejandro / Pinnacle Estate Properties / Northridge Pourghanbarzadeh, Mahchid / Keller Williams Realty-Studio City / Studio City Rai, Karmjit Singh / Exclusive Realty / Newhall Relatos, Teodoro / West Coast Realty Group / Glendale Ripley, Marlene / Keller Williams Realty-Los Feliz / Los Angeles Saffie, Nicholas / Jonathan Robert Panossian / Moorpark Saidner, Grant / Coldwell Banker Calabasas / Calabasas Salvador, Philip / Keller Williams Realty Los Feliz / Los Angeles Santos, Murilo / Keller Williams Realty / Northridge Sarkissian, Peter H. / Rodeo Realty / Sherman Oaks Sendin, Anthony / Lead Realty & Financial Services / Sherman Oaks April/May 2015 Rai, Samir Keystone Realty Group 2729 Saturn St. #A Brea, CA. 92821 Rydman, Roger Lee 2020 Realty Inc. 1711 Harbor Bluff Cir #B Huntington Beach, CA. 92649 Stever, Mitchell Mitchell Stever, Broker 1816 Stanford Ave. Redondo Beach, CA. 90278 Terpanjian, Edward Terpanjian Realty Group 11467 Tampa Ave. Unit 155 Porter Ranch, CA. 91326 Shahbaghlian, Brian Levon / Coldwell Banker Greater Valleys / Granada Hills Shaposhnick, Rochelle / HomeSmart NCG Inc. / Valencia Sheikhan, Sameer / Keller Williams Realty-Studio City / Studio City Sherman, Andrew Joseph / Pinnacle Estate Properties, Inc. / Valencia Sills, Randy Alan / Keller Williams Realty-Studio City / Studio City Simons Jr., Charles A. / Keller Williams VIP Properties / Valencia Slavin, Sandra Lynne / Kellar-Davis, Inc. / Newhall Somo, Nikki Espinosa / Keller Williams Realty / Northridge Sterner, Nicholas / City Prime Real Estate And Mortgage / Tarzana Stewart, Jason M. / HomeBased Realty / Valencia Stomel, Ryan Samuel / JamLam Investments / Agoura Hills Thomas, Karen R. / Allied Realty Inc. / Woodland Hills Topchyan, Sargis / Blackstone Estates, Inc. / Glendale Torossian, Hendrick / Keller Williams Realty / Northridge Trifskin, Dali / Options 4 You Financial Services Inc. / Encino Tuber, Neil / Keller Williams North Valley / Porter Ranch Tyler, Nicole / Pinnacle Estate Properties, Inc. / Encino Valencia, Maria Isabel / RV Realty Enterprise / Van Nuys Walberg, Orna / Keller Williams VIP Properties / Valencia West, Tyler Reid / Pinnacle Estate Properties, Inc. / Calabasas Williams, Kurt Fritz / Keller Williams Encino-Sherman Oaks / Encino Wolf, Alexander Lewis / White House Properties / Woodland Hills Wright, Alison R. / Troop Real Estate, Inc. / Valencia Yagobi, Yasmine Homira / Coldwell Banker Quality Properties / Northridge Yupari, Jorge / Park Regency Realty / Granada Hills Zavala Lopez, Guadalupe / Park Regency Realty / Granada Hills Zinger, Gil / Rodeo Realty / Studio City www.srar.com www.srar.com Realtor® Report April/May 2015 13 EN ES CS MONTHLY RESIDENTIAL SALES STATISTICS WN MARCH 2015 SFV RESIDENTIAL MLS SUMMARY WS SFV TOT EXT 1,398 RESIDENTIAL PROP. ESCROw OPENED TOTAL 1,080 RESIDENTIAL PROP. ESCROw CLOSED REDUCED $ $ AVERAGE PRICE REDUCTION % 4,369 LISTINGS *THE ASSOCIATION DOES NOT VERIFY ACTUAL CLOSED ESCROwS. $1,385,786,000 2015 RMLS TOTAL - $ VOLUME SALES 2,652 LESS THAN 100,000 ................................................................ ........................108 ..............................................35 ........................................... 12............................................ 9............................ 12078.............................................. 13.8 100,000 TO 109,999 ................................................................. ..........................17 ..............................................16 ............................................. 1............................................ 1................................ 900................................................ 0.8 110,000 TO 119,999 ................................................................. ..........................51 ..............................................16 ............................................. 3............................................ 1.............................. 4500................................................ 3.3 120,000 TO 139,999 ................................................................. ..........................44 ..............................................41 ........................................... 12............................................ 8............................ 10513................................................ 7.1 140,000 TO 159,999 ................................................................. ..........................64 ..............................................50 ........................................... 16.......................................... 10.............................. 7029................................................ 3.8 160,000 TO 179,999 ................................................................. ..........................62 ..............................................59 ........................................... 18.......................................... 12.............................. 7275................................................ 3.9 180,000 TO 199,999 ................................................................. ..........................54 ............................................100 ........................................... 27.......................................... 18.............................. 8611................................................ 4.1 200,000 TO 249,999 ................................................................. ..........................51 ............................................226 ........................................... 70.......................................... 35.............................. 5520................................................ 1.8 250,000 TO 299,999 ................................................................. ..........................48 ............................................225 ........................................... 74.......................................... 45.............................. 9088................................................ 1.6 300,000 TO 349,999 ................................................................. ..........................60 ............................................152 ........................................... 89.......................................... 56............................ 15666................................................ 3.9 350,000 TO 399,999 ................................................................. ..........................54 ............................................174 ......................................... 122.......................................... 72............................ 11136................................................ 1.9 400,000 TO 449,999 ................................................................. ..........................43 ............................................171 ......................................... 126.......................................... 68.............................. 8621................................................ 1.6 450,000 TO 499,999 ................................................................. ..........................41 ............................................207 ........................................... 76.......................................... 43............................ 12717................................................ 2.2 500,000 TO 549,999 ................................................................. ..........................56 ............................................131 ........................................... 77.......................................... 46............................ 13342................................................ 2.2 550,000 TO 599,999 ................................................................. ..........................47 ............................................127 ........................................... 61.......................................... 38............................ 13684................................................ 2.1 600,000 TO 699,999 ................................................................. ..........................51 ............................................200 ........................................... 86.......................................... 49............................ 89401................................................ 2.5 700,000 TO 799,999 ................................................................. ..........................44 ............................................138 ........................................... 56.......................................... 40............................ 25409................................................ 3.0 800,000 TO 899,999 ................................................................. ..........................47 ............................................112 ........................................... 35.......................................... 23.............................. 7313................................................ 0.5 900,000 TO 999, 999 ............................................................... ..........................51 ..............................................67 ........................................... 21.......................................... 17............................ 64872................................................ 5.9 1,000,000 TO 1,999,999 ........................................................... ..........................59 ............................................293 ........................................... 70.......................................... 40............................ 59488................................................ 2.7 MORE THAN 2,000,000 ............................................................ ..........................37 ............................................175 ........................................... 28.......................................... 23.......................... 123194................................................ 4.0 TOTALS................................................................................... ..........................51 ..........................................2715 ....................................... 1080........................................ 654............................ 25102................................................ 2.5 SELLING PRICE RANGE: SELLING TIME - PRICE CHANGE - PRICE REDUCTION AVG. SELL TIME ACTIVE NO. LISTINGS TOTAL # SOLD FORECLOSURE/REO .............................................................. .................. 7............................... 6.............................2...................................... 8...............................2 ................................. 25............................. 0 ...................................25 SELLER CONCESSIONS ........................................................ .................. 0............................... 0.............................0...................................... 0...............................0 ................................... 0............................. 0 .....................................0 SHORT SALE ........................................................................... ................ 11............................... 5.............................7...................................... 8...............................9 ................................. 40............................. 0 ...................................40 STANDARD .............................................................................. ................ 98........................... 133.........................106.................................. 134...........................163 ............................... 634............................. 0 .................................634 OTHER ..................................................................................... .................. 1............................... 0.............................1...................................... 0...............................3 ................................... 5............................. 0 .....................................5 CLOSED SALES TYPE NEW ESCROWS CLOSED ...................................................... .............. 117........................... 144.........................116.................................. 150...........................177 ............................... 704......................... 376 ..............................1,080 TOTAL YTD ESCROWS CLOSED............................................ .............. 260........................... 354.........................264.................................. 352...........................398 ............................ 1,628......................... 964 ..............................2,592 VOLUME OF NEW SALE DOLLARS IN MILLIONS.................. ......... 41.448.................... 105.879....................68.022............................. 83.178....................136.350 ........................ 434.877.................. 168.845 ..........................603.722 VOLUME OF TOTAL YTD SALES IN MILLIONS ...................... ......... 91.426.................... 249.683..................173.610........................... 183.475....................273.025 ........................ 971.219.................. 414.568 .......................1,385.786 AVERAGE SALE PRICE IN THOUSANDS ............................... ........... 354.3........................ 735.3......................586.4............................... 554.5........................770.3 ............................ 617.7...................... 449.1 ..............................559.0 MEDIAN SALE PRICE IN THOUSANDS .................................. ........... 363.0........................ 569.9......................420.0............................... 515.0........................565.0 ............................ 475.0...................... 349.9 ..............................432.0 COOP SALES .......................................................................... ................ 87........................... 115...........................96.................................. 127...........................141 ............................... 566......................... 313 .................................879 PERCENT OF COOP SALES................................................... ............. 74.4.......................... 79.9........................82.8................................. 84.7..........................79.7 .............................. 80.4........................ 83.2 ................................81.4 AVERAGE DAYS ON MARKET ................................................ .............. 109............................. 92...........................92.................................... 96.............................97 ................................. 97......................... 113 .................................103 SALES AT LIST PRICE............................................................. ................ 64............................. 72...........................46.................................... 61.............................79 ............................... 322......................... 177 .................................499 PERCENT OF SALES AT LIST PRICE ..................................... ............. 54.7.......................... 50.0........................39.7................................. 40.7..........................44.6 .............................. 45.7........................ 47.1 ................................46.2 SALES TO LISTING INVENTORY RATIO................................. ............. 54.4.......................... 50.9........................41.6................................. 56.2..........................44.8 .............................. 48.9........................ 29.5 ................................39.8 FINAL SALE TO NEW LISTING RATIO .................................... ............. 92.9.......................... 75.0........................58.9................................. 76.1..........................70.5 .............................. 73.1........................ 56.0 ................................66.1 CLOSED SALES: NEW ESCROWS OPENED...................................................... .............. 134........................... 180.........................152.................................. 152...........................223 ............................... 841......................... 557 ..............................1,398 TOTAL YTD ESCROWS OPENED ........................................... .............. 357........................... 451.........................351.................................. 438...........................525 ............................ 2,122...................... 1,312 ..............................3,434 NEW OPEN ESCROWS AVERAGE DAYS ON MARKET......... ................ 48............................. 36...........................39.................................... 35.............................47 ................................. 41........................... 56 ...................................47 NEW OPEN ESCROWS AVERAGE LIST PRICE ..................... ........... 356.2........................ 809.1......................737.0............................... 580.7........................833.3 ............................ 689.1...................... 439.0 ..............................589.4 PENDING SALES: NEW LISTINGS ........................................................................ .............. 126........................... 192.........................197.................................. 197...........................251 ............................... 963......................... 671 ..............................1,634 TOTAL ACTIVE LISTINGS........................................................ .............. 215........................... 283.........................279.................................. 267...........................395 ............................ 1,439...................... 1,276 ..............................2,715 AVERAGE DAYS ON MARKET ................................................ ................ 75............................. 70...........................66.................................... 69.............................75 ................................. 71........................... 94 ...................................82 AVERAGE LIST PRICE IN THOUSANDS................................. ........... 368.8........................ 973.3...................1,036.4............................... 734.2.....................1,368.6 ............................ 959.4...................... 572.6 ..............................777.6 MEDIAN LIST PRICE IN THOUSANDS.................................... ........... 379.9........................ 649.0......................639.0............................... 595.0........................739.0 ............................ 588.0...................... 319.9 ..............................479.0 BOMS....................................................................................................... 56............................. 71...........................44.................................... 66.............................89 ............................... 326......................... 222 .................................548 AVERAGE BOM PRICE IN THOUSANDS................................ ........... 335.1........................ 676.6......................783.5............................... 535.5........................712.1 ............................ 613.5...................... 519.3 ..............................575.3 BOM TO SALE RATIO.............................................................. ............. 47.9.......................... 49.3........................37.9................................. 44.0..........................50.3 .............................. 46.3........................ 59.0 ................................50.7 EXPIRATIONS .......................................................................... ................ 15............................. 27...........................24.................................... 12.............................24 ............................... 102........................... 97 .................................199 ACTIVE INVENTORY: 1,634 RESIDENTIAL PROPERTIES LISTED 14 Realtor® Report April/May 2015 www.srar.com 1,188 1,235 2,212 1,936 2,051 APR MAY JUNE 883 864 1,045 1,726 1,677 1,431 1,298 AUG SEPT OCT NOV AVG. SALE PRICE TOTAL DEC 1,029 1,993 JUL 431.2 356.8 371.9 430.4 443.8 484.5 563 523.7 526.9 523.3 349.7 410 $ VOL MIL. $429,200 22.318 12.617 5415.2 1,034 1,104 2,153 1,269 1,131 2,231 MAR 872 963 1,780 1,830 SALES 2010 FEB JAN LIST LIST 1.017 52.7 1,363 1,112 435.7 382.2 385.3 430.4 452.6 422.7 439.1 422.3 394.2 430.7 303.5 368.7 $ VOL MIL. $395,470 55.6 19,053 12,308 4867.4 80.5 1,075 985 1,048 59.9 1,512 60.4 1,273 1,145 1,114 61.9 1,752 51.6 1,707 1,023 63.8 1,732 1,033 1052 53.7 1,740 51.3 1,592 1,050 753 976 SALES 2011 1,875 50.7 49 1,646 52.6 1,786 % SALES TO LIST 66.3 103.4 77.4 74.6 69.3 67.1 64.9 63.6 59.1 60.5 56 45.7 54.3 % SALES TO LIST 452.9 502.7 419.7 508.3 515 484.0 497.9 448.8 427.4 262.9 322.1 $ VOL MIL. $392,470 771 1263 534.9 15,732 13,674 5366.5 1,114 1,246 1,339 1,087 1,058 1,273 1,266 1,216 1,280 1,140 1085 856 877 SALES 2012 1,276 1,308 1,314 1,367 1,429 1,387 1,515 1,458 1,481 LIST LIST $479,270 470.8 353.8 71.9 84.0 73.0 73.0 75.6 74.9 76.5 92.6 133.4 80.71 $525,464 127.5 69.3 67.8 74.4 66.3 69.6 867 1,105 581.4 16,902 11,726 6,161.6 553 536.8 536.8 600.3 63.5 67.4 72.6 58.7 52.7 57.7 % SALES TO LIST 82.1 905 574.2 582.2 589.4 393.2 375.5 473.0 $ VOL MIL. 463.6 1,102 1,033 1,524 1,065 1,432 999 1,146 1165 1,673 1,086 1,711 1,083 1,337 821 1,608 71.6 1,377 57.9 1,218 1,124 SALES 2014 1,548 LIST 82.2 1,549 1,114 559.3 89.6 1,506 1,265 630.6 89.0 1,551 1,133 573.4 96.3 1,610 1,176 584.9 97.3 1,581 1,196 623.6 82.9 1,399 1,072 543.8 93.1 1,446 1,106 556.1 985 486.7 102.5 1,064 536 163.8 818 1,091 87 16,407 13,177 6,315.3 % SALES TO LIST 786 732 903 $ VOL MIL. 68.4 1,338 67.4 1,388 77.8 1,565 881 SALES 2013 396.3 59.9 1,288 % SALES TO LIST SAN FERNANDO VALLEY COMPARABLE SALES ANALYSIS 2010-2015 (COMBINED RESIDENTIAL SALES, SINGLE FAMILY & CONDO) TOTAL MONTH BY MONTH 1,445 1,397 1,634 LIST 743 786 1,080 320.4 397.8 603.7 $ VOL MIL. 2015 SALES 49.3 56.3 66.1 % SALES TO LIST SAN FERNANDO VALLEY SINGLE FAMILY SALES STATISTICS FOR MARCH 2015 ACTIVE INVENTORY New Listings ....................................................... Total Active Listings............................................. Average Days on Market ...................................... Average List Price in Thousands .......................... Median List Price in Thousands ........................... BOMS ................................................................. Average BOM Price in Thousands ........................ BOM to Sale Ratio ............................................... Expirations .......................................................... PENDING SALES New Escrows Opened........................................... Total YTD Escrows Opened ................................... New Open Escrows Average Days on Market ........ New Open Escrows Average List Price .................. CLOSED SALES: New Escrows Closed............................................ Total YTD Escrows Closed .................................... Volume of New Sales Dollars in Millions................ Volume of total YTD Sales in Millions .................... Average Sale price in Thousands .......................... Median Sale Price in Thousands ........................... Coop Sales........................................................... Percent of Coop Sales .......................................... Average Days on Market ....................................... Sales at List Price................................................. Percent of Sales at List Price................................. Sales to Listing Inventory Ratio............................. Final Sale to New Listing Ratio .............................. CLOSED SALES TYPE Foreclosure/REO.................................................. Seller Concessions .............................................. Short Sale ........................................................... Standard ............................................................. Other................................................................... EN ES CS WN WS SFV TOTAL EXT ............ 101................124 ...............110 ................123 ..............177 ................635 ...............472 ................1,107 ............ 273................292 ...............241 ................353 ..............409 .............1,568 ............1,117 ................2,685 .............. 45..................35 .................32 ..................34 ................46 ..................39 .................56 .....................46 ......... 384.7............. 987.0 ............903.5 .............627.7 ...........940.3 .............794.1 ............436.6 ................641.7 .............. 95..................96 .................74 ................127 ..............145 ................537 ...............315 ...................852 ............ 202................224 ...............176 ................270 ..............309 .............1,181 ...............815 ................1,996 ....... 35.402........... 84.617 ..........54.365 ...........75.739 .......123.897 .........374.020 ........144.657 ............518.677 ....... 76.233......... 193.372 ........144.960 .........156.798 .......238.626 .........809.989 ........353.651 .........1,163.640 ......... 372.6............. 881.4 ............734.7 .............596.4 ...........854.5 .............696.5 ............459.2 ................608.8 ......... 366.5............. 701.0 ............491.0 .............545.0 ...........645.0 .............536.5 ............339.0 ................472.8 .............. 69..................77 .................61 ................106 ..............116 ................429 ...............258 ...................687 ........... 72.6...............80.2 ..............82.4 ...............83.5 .............80.0 ...............79.9 ..............81.9 ..................80.6 ............ 113..................95 .................89 ..................98 ................94 ..................98 ...............110 ...................102 .............. 52..................43 .................33 ..................52 ................66 ................246 ...............157 ...................403 ........... 54.7...............44.8 ..............44.6 ...............40.9 .............45.5 ...............45.8 ..............49.8 ..................47.3 ........... 62.5...............47.8 ..............38.1 ...............58.0 .............42.6 ...............48.6 ..............28.8 ..................38.7 ......... 102.2...............68.1 ..............52.5 ...............79.4 .............68.7 ...............72.0 ..............54.2 ..................64.2 ................ 4....................5 ...................1 ....................7 ..................2 ..................19 ...................0 .....................19 ................ 0....................0 ...................0 ....................0 ..................0 ....................0 ...................0 .......................0 ................ 9....................5 ...................3 ....................8 ..................7 ..................32 ...................0 .....................32 .............. 82..................86 .................70 ................112 ..............134 ................484 ...................0 ...................484 ................ 0....................0 ...................0 ....................0 ..................2 ....................2 ...................0 .......................2 SAN FERNANDO VALLEY CONDOMINIUM SALES STATISTICS FOR MARCH 2015 ACTIVE INVENTORY New Listings ....................................................... Total Active Listings............................................. Average Days on Market ...................................... Average List Price in Thousands .......................... Median List Price in Thousands ........................... BOMS ................................................................. Average BOM Price in Thousands ........................ BOM to Sale Ratio ............................................... Expirations .......................................................... PENDING SALES New Escrows Opened.......................................... Total YTD Escrows Opened .................................. New Open Escrows Average Days on Market ....... New Open Escrows Average List Price ................. CLOSED SALES: New Escrows Closed........................................... Total YTD Escrows Closed ................................... Volume of New Sales Dollars in Millions............... Volume of total YTD Sales in Millions ................... Average Sale price in Thousands ......................... Median Sale Price in Thousands .......................... Coop Sales.......................................................... Percent of Coop Sales ......................................... Average Days on Market ...................................... Sales at List Price................................................ Percent of Sales at List Price................................ Sales to Listing Inventory Ratio............................ Final Sale to New Listing Ratio ............................. CLOSED SALES TYPE Foreclosure/REO.................................................. Seller Concessions .............................................. Short Sale ........................................................... Standard ............................................................. Other................................................................... www.srar.com TOTAL .............. 93................141 ...............141 ................160 ..............211 ................746 ...............581 ................1,327 ............ 152................201 ...............194 ................219 ..............340 .............1,106 ............1,095 ................2,201 .............. 74..................63 .................64 ..................68 ................76 ..................70 .................89 .....................79 ......... 415.2.......... 1,198.9 .........1,323.1 .............797.9 ........1,521.8 ..........1,132.8 ............585.1 ................860.3 ......... 400.0............. 800.0 ............945.0 .............640.0 ...........829.0 .............699.0 ............300.0 ................515.0 .............. 38..................47 .................25 ..................54 ................73 ................237 ...............171 ...................408 ......... 389.4............. 824.0 .........1,046.9 .............579.3 ...........773.0 .............706.4 ............552.8 ................642.0 ........... 40.0...............49.0 ..............33.8 ...............42.5 .............50.3 ...............44.1 ..............54.3 ..................47.9 .............. 10..................21 .................16 ....................7 ................21 ..................75 .................88 ...................163 EN ES CS WN WS SFV TOTAL EXT TOTAL .............. 33..................51 .................56 ..................37 ................40 ................217 .................90 ...................307 .............. 63..................82 .................85 ..................48 ................55 ................333 ...............181 ...................514 .............. 75..................87 .................71 ..................75 ................67 ..................76 ...............127 .....................94 ......... 257.1............. 420.4 ............382.0 .............443.7 ...........422.0 .............383.3 ............496.7 ................423.2 ......... 240.0............. 410.0 ............335.0 .............400.0 ...........374.9 .............335.0 ............385.0 ................349.9 .............. 18..................24 .................19 ..................12 ................16 ..................89 .................51 ...................140 ......... 220.6............. 387.9 ............436.8 .............338.8 ...........434.2 .............366.2 ............407.2 ................381.1 ........... 81.8...............50.0 ..............45.2 ...............52.2 .............50.0 ...............53.3 ..............83.6 ..................61.4 ................ 5....................6 ...................8 ....................5 ..................3 ..................27 ...................9 .....................36 .............. 33..................56 .................42 ..................29 ................46 ................206 .................85 ...................291 .............. 84................159 ...............110 ..................85 ..............116 ................554 ...............195 ...................749 .............. 54..................40 .................58 ..................43 ................47 ..................48 .................59 .....................51 ......... 269.0............. 415.3 ............301.0 .............381.4 ...........421.7 .............365.2 ............452.4 ................390.7 .............. 22..................48 .................42 ..................23 ................32 ................167 .................61 ...................228 .............. 58................130 .................88 ..................82 ................89 ................447 ...............149 ...................596 ......... 6.046........... 21.262 ..........13.657 .............7.439 .........12.453 ...........60.858 ..........24.187 ..............85.045 ....... 15.193........... 56.310 ..........28.650 ...........26.677 .........34.399 .........161.230 ..........60.917 ............222.147 ......... 274.8............. 443.0 ............325.2 .............323.4 ...........389.2 .............364.4 ............396.5 ................373.0 ......... 248.0............. 451.5 ............319.0 .............329.0 ...........328.0 .............335.0 ............370.0 ................349.0 .............. 18..................38 .................35 ..................21 ................25 ................137 .................55 ...................192 ........... 81.8...............79.2 ..............83.3 ...............91.3 .............78.1 ...............82.0 ..............90.2 ..................84.2 .............. 96..................88 .................98 ..................85 ..............108 ..................95 ...............124 ...................103 .............. 12..................29 .................13 ....................9 ................13 ..................76 .................20 .....................96 ........... 54.5...............60.4 ..............31.0 ...............39.1 .............40.6 ...............45.5 ..............32.8 ..................42.1 ........... 34.9...............58.5 ..............49.4 ...............47.9 .............58.2 ...............50.2 ..............33.7 ..................44.4 ........... 66.7...............94.1 ..............75.0 ...............62.2 .............80.0 ...............77.0 ..............67.8 ..................74.3 ................ 3....................1 ...................1 ....................1 ..................0 ....................6 ...................0 .......................6 ................ 0....................0 ...................0 ....................0 ..................0 ....................0 ...................0 .......................0 ................ 2....................0 ...................4 ....................0 ..................2 ....................8 ...................0 .......................8 .............. 16..................47 .................36 ..................22 ................29 ................150 ...................0 ...................150 ................ 1....................0 ...................1 ....................0 ..................1 ....................3 ...................0 .......................3 Realtor® Report April/May 2015 15 SANTA CLARITA VALLEY SINGLE FAMILY SALES STATISTICS FOR MARCH 2015 ACTIVE INVENTORY AC ADUL CC CA NE SAU SR VAL SCVTOT EXT TOTAL New Listings .......................................................................14 .....................6................ 63................. 27................. 20.................... 59.............. 27...................77 .................293 .................78 ................371 Total Active Listings.............................................................32 ...................28................ 96................. 42................. 31.................... 80.............. 26...................74 .................409 ...............157 ................566 Average Days on Market ....................................................114 .................157................ 67............... 107................. 75.................... 49.............. 26...................67 ...................75 .................82 ..................77 Average List Price in Thousands .....................................529.9 ..............840.7........... 712.4............ 614.8............ 633.4............... 585.9......... 778.3..............760.9 ..............679.1 ............395.9 .............600.6 Median List Price in Thousands......................................499.9 ..............669.0........... 574.9............ 540.0............ 579.0............... 569.0......... 799.0..............598.0 ..............581.0 ............299.0 .............530.0 BOMS...................................................................................4 .....................4................ 17................. 11................... 6.................... 15................ 5...................24 ...................86 .................31 ................117 Average BOM Price in Thousands...................................478.0 ..............514.5........... 458.6............ 442.9............ 619.1............... 502.5......... 648.5..............661.9 ..............546.7 ............377.4 .............501.8 BOM to Sale Ratio............................................................44.4 ..............100.0............. 41.5.............. 52.4.............. 35.3................. 31.9........... 50.0................40.0 ................41.1 ..............73.8 ...............46.6 Expirations ............................................................. ............4 .....................1.................. 8................... 2................... 2...................... 6................ 1.....................1 ...................25 .................10 ..................35 PENDING SALES New Escrows Opened............................................. Total YTD Escrows Opened ..................................... New Open Escrows Average Days on Market ........... New Open Escrows Average List Price .................... CLOSED SALES: New Escrows Closed .............................................. Total YTD Escrows Closed ...................................... Volume of New Sales Dollars in Millions................. Volume of total YTD Sales in Millions ..................... Average Sale price in Thousands ............................ Median Sale Price in Thousands............................. Coop Sales ............................................................ Percent of Coop Sales ............................................ Average Days on Market ......................................... Sales at List Price................................................... Percent of Sales at List Price................................... Sales to Listing Inventory Ratio............................... Final Sale to New Listing Ratio ............................... ..........14 .....................8................ 57................. 29................. 24.................... 49.............. 17...................77 .................275 .................69 ................344 ..........28 ...................17.............. 130................. 79................. 50.................. 127.............. 39.................190 .................660 ...............147 ................807 ........105 .................115................ 53................. 42................. 43.................... 43.............. 35...................37 ...................48 .................67 ..................52 .....478.1 ..............647.0........... 524.4............ 441.9............ 538.5............... 531.1......... 832.7..............616.0 ..............564.1 ............333.4 .............517.8 ............9 .....................4................ 41................. 21................. 17.................... 47.............. 10...................60 .................209 .................42 ................251 ..........17 ...................11................ 96................. 50................. 37.................... 96.............. 18.................130 .................455 .................99 ................554 .....4.485 ..............3.368......... 20.308.......... 10.605............ 8.890............. 25.025......... 7.495............39.844 ..........120.021 ..........12.191 .........132.212 .....8.159 ..............7.239......... 45.320.......... 23.803.......... 19.612............. 50.376....... 12.987............78.927 ..........246.423 ..........29.567 .........275.990 .....498.3 ..............842.0........... 495.3............ 505.0............ 522.9............... 532.5......... 749.5..............664.1 ..............574.3 ............290.3 .............526.7 .....520.0 ..............685.0........... 440.0............ 522.0............ 470.0............... 514.9......... 680.0..............561.5 ..............520.0 ............239.0 .............489.0 ............9 .....................4................ 34................. 20................. 13.................... 37................ 7...................51 .................175 .................37 ................212 .....100.0 ..............100.0............. 82.9.............. 95.2.............. 76.5................. 78.7........... 70.0................85.0 ................83.7 ..............88.1 ...............84.5 ........165 .................288................ 96............... 111............... 120.................... 99.............. 81...................80 .................102 ...............130 ................106 ............1 .....................1................ 21................... 9................... 5.................... 27................ 3...................27 ...................94 .................12 ................106 .......11.1 ................25.0............. 51.2.............. 42.9.............. 29.4................. 57.4........... 30.0................45.0 ................45.0 ..............28.6 ...............42.2 .......28.1 ................14.3............. 42.7.............. 50.0.............. 54.8................. 58.8........... 38.5................81.1 ................51.1 ..............26.8 ...............44.3 .......64.3 ................66.7............. 65.1.............. 77.8.............. 85.0................. 79.7........... 37.0................77.9 ................71.3 ..............53.8 ...............67.7 CLOSED SALES TYPE Foreclosure / REO .................................................................0 .....................0.................. 1................... 0................... 0...................... 2................ 0.....................3 .....................6 ...................0 ....................6 Seller Concessions ...............................................................0 .....................0.................. 0................... 0................... 0...................... 0................ 0.....................0 .....................0 ...................0 ....................0 Short Sale.............................................................................1 .....................0.................. 1................... 1................... 1...................... 0................ 0.....................2 .....................6 ...................0 ....................6 Standard ...............................................................................8 .....................4................ 37................. 20................. 16.................... 45.............. 10...................55 .................195 ...................0 ................195 Other.....................................................................................0 .....................0.................. 2................... 0................... 0...................... 0................ 0.....................0 .....................2 ...................0 ....................2 SANTA CLARITA VALLEY CONDOMINIUM SALES STATISTICS FOR MARCH 2015 ACTIVE INVENTORY New Listings ........................................................... Total Active Listings................................................. Average Days on Market .......................................... Average List Price in Thousands .............................. Median List Price in Thousands............................... BOMS..................................................................... Average BOM Price in Thousands............................ BOM to Sale Ratio................................................... Expirations .............................................................. PENDING SALES New Escrows Opened.............................................. Total YTD Escrows Opened ...................................... New Open Escrows Average Days on Market ............ New Open Escrows Average List Price ..................... CLOSED SALES: New Escrows Closed ............................................... Total YTD Escrows Closed ....................................... Volume of New Sales Dollars in Millions.................. Volume of Total YTD Sales in Millions...................... Average Sale price in Thousands ............................. Median Sale Price in Thousands.............................. Coop Sales ............................................................. Percent of Coop Sales ............................................. Average Days on Market .......................................... Sales at List Price.................................................... Percent of Sales at List Price.................................... Sales to Listing Inventory Ratio................................ Final Sale to New Listing Ratio ................................ AC ADUL CC CA NE SAU SR VAL SCVTOT EXT TOTAL ............0 .....................0................ 14................... 3................. 25.................... 14................ 7...................46 .................109 ...................7 ................116 ............0 .....................0................ 25................... 1................. 24.................... 11................ 8...................58 .................127 .................19 ................146 ............0 .....................0................ 90................. 29................. 57.................... 61.............. 32...................43 ...................56 .................76 ..................58 .........0.0 ..................0.0........... 263.5............ 428.0............ 266.7............... 347.6......... 355.4..............383.4 ..............333.3 ............312.1 .............330.5 .........0.0 ..................0.0........... 252.3............ 428.0............ 239.0............... 349.0......... 350.0..............350.0 ..............334.9 ............285.0 .............330.0 ............0 .....................0.................. 6................... 0................... 6...................... 5................ 1.....................7 ...................25 ...................9 ..................34 .........0.0 ..................0.0........... 262.0................ 0.0............ 227.6............... 332.2......... 759.0..............344.7 ..............310.8 ............328.1 .............315.4 .........0.0 ..................0.0............. 28.6................ 0.0.............. 66.7................. 45.5........... 20.0................30.4 ................36.2 ............128.6 ...............44.7 ............0 .....................0.................. 2................... 0................... 0...................... 1................ 0.....................3 .....................6 ...................2 ....................8 ............0 .....................0................ 29................... 2................. 20.................... 13................ 4...................38 .................106 .................10 ................116 ............0 .....................0................ 66................... 2................. 47.................... 34.............. 16...................95 .................260 .................20 ................280 ............0 .....................0................ 44................. 10................. 33.................... 48.............. 27...................55 ...................45 .................52 ..................46 .........0.0 ..................0.0........... 248.4............ 252.5............ 297.7............... 301.1......... 342.2..............370.3 ..............311.5 ............324.0 .............312.6 ............0 .....................0................ 21................... 0................... 9.................... 11................ 5...................23 ...................69 ...................7 ..................76 ............0 .....................0................ 47................... 0................. 25.................... 29................ 9...................61 .................171 .................15 ................186 .....0.000 ..............0.000........... 6.101............ 0.000............ 1.981............... 3.828......... 1.877..............7.694 ............21.482 ............2.242 ...........23.724 .....0.000 ..............0.000......... 12.277............ 0.000............ 5.730............... 9.968......... 3.192............21.142 ............52.309 ............4.937 ...........57.246 .........0.0 ..................0.0........... 290.5................ 0.0............ 220.1............... 348.0......... 375.5..............334.5 ..............311.3 ............320.3 .............312.2 .........0.0 ..................0.0........... 274.0................ 0.0............ 207.0............... 349.0......... 369.0..............335.0 ..............305.0 ............330.0 .............310.0 ............0 .....................0................ 19................... 0................... 7...................... 8................ 5...................17 ...................56 ...................7 ..................63 .........0.0 ..................0.0............. 90.5................ 0.0.............. 77.8................. 72.7......... 100.0................73.9 ................81.2 ............100.0 ...............82.9 ............0 .....................0................ 74................... 0................. 99.................. 158.............. 82...................88 ...................96 .................66 ..................93 ............0 .....................0................ 10................... 0................... 3...................... 6................ 1.....................6 ...................26 ...................4 ..................30 .........0.0 ..................0.0............. 47.6................ 0.0.............. 33.3................. 54.5........... 20.0................26.1 ................37.7 ..............57.1 ...............39.5 .........0.0 ..................0.0............. 84.0................ 0.0.............. 37.5............... 100.0........... 62.5................39.7 ................54.3 ..............36.8 ...............52.1 .........0.0 ..................0.0........... 150.0................ O.0.............. 36.0................. 78.6........... 71.4................50.0 ................63.3 ............100.0 ...............65.5 CLOSED SALES TYPE Foreclosure / REO .................................................................0 .....................0.................. 2................... 0................... 0...................... 0................ 0.....................0 .....................2 ...................0 ....................2 Seller Concessions ...............................................................0 .....................0.................. 0................... 0................... 0...................... 0................ 0.....................1 .....................1 ...................0 ....................1 Short Sale.............................................................................0 .....................0.................. 1................... 0................... 2...................... 1................ 0.....................0 .....................4 ...................0 ....................4 Standard ...............................................................................0 .....................0................ 18................... 0................... 7.................... 10................ 5...................22 ...................62 ...................0 ..................62 Other.....................................................................................0 .....................0.................. 0................... 0................... 0...................... 0................ 0.....................0 .....................0 ...................0 ....................0 16 Realtor® Report April/May 2015 www.srar.com www.srar.com Realtor® Report April/May 2015 17 SAU SR VAL SCV TOTAL EXT TOTAL SELLING TIME - PRICE CHANGE - PRICE REDUCTION AVG. SELL TIME ACTIVE NO. LISTINGS TOTAL # SOLD REDUCED $ $ AVERAGE PRICE REDUCTION % 1,285 LISTINGS *THE ASSOCIATION DOES NOT VERIFY ACTUAL CLOSED ESCROwS. $333,235,000 2015 RMLS TOTAL - $ VOLUME 784 SALES LESS THAN 100,000 ................................................................ ..........................34 ..................................................... 9 .............................................2.............................................. 2 ............................13200 .............................................11.9 100,000 TO 109,999 ................................................................. ............................0 ..................................................... 2 .............................................0.............................................. 0 ................................N/A ...............................................0.0 110,000 TO 119,999 ................................................................. ........................100 ..................................................... 2 .............................................1.............................................. 1 ............................17500 .............................................13.0 120,000 TO 139,999 ................................................................. ..........................64 ..................................................... 5 .............................................2.............................................. 1 ..............................6250 ...............................................4.5 140,000 TO 159,999 ................................................................. ..........................91 ................................................... 10 .............................................5.............................................. 5 ..............................7400 ...............................................4.4 160,000 TO 179,999 ................................................................. ..........................64 ................................................... 17 .............................................6.............................................. 3 ..............................9136 ...............................................4.7 180,000 TO 199,999 ................................................................. ..........................18 ................................................... 15 .............................................5.............................................. 4 ............................11820 ...............................................5.4 200,000 TO 249,999 ................................................................. ..........................60 ................................................... 53 ...........................................23............................................ 18 ..............................9273 ...............................................3.7 250,000 TO 299,999 ................................................................. ..........................88 ................................................... 41 ...........................................19............................................ 16 ..............................8511 ...............................................2.7 300,000 TO 349,999 ................................................................. ..........................40 ................................................... 50 ...........................................22............................................ 13 ..............................9699 ...............................................2.6 350,000 TO 399,999 ................................................................. ..........................58 ................................................... 61 ...........................................36............................................ 21 ..............................7069 ...............................................1.7 400,000 TO 449,999 ................................................................. ..........................48 ................................................... 49 ...........................................38............................................ 28 ............................20793 ...............................................4.3 450,000 TO 499,999 ................................................................. ..........................49 ................................................... 60 ...........................................40............................................ 28 ............................12717 ...............................................2.4 500,000 TO 549,999 ................................................................. ..........................73 ................................................... 44 ...........................................27............................................ 16 ............................12530 ...............................................2.0 550,000 TO 599,999 ................................................................. ..........................38 ................................................... 47 ...........................................24............................................ 12 ............................14913 ...............................................2.4 600,000 TO 699,999 ................................................................. ..........................55 ................................................... 70 ...........................................34............................................ 21 ............................25482 ...............................................3.3 700,000 TO 799,999 ................................................................. ........................104 ................................................... 54 .............................................5.............................................. 4 ............................22730 ...............................................2.9 800,000 TO 899,999 ................................................................. ..........................30 ................................................... 21 .............................................7.............................................. 5 ............................26100 ...............................................3.0 900,000 TO 999, 999 ............................................................... ..........................64 ................................................... 18 .............................................4.............................................. 4 ............................33000 ...............................................3.3 1,000,000 TO 1,999,999 ........................................................... ..........................97 ................................................... 36 .............................................4.............................................. 3 ..........................133300 ...............................................7.0 MORE THAN 2,000,000 ............................................................ ..........................77 ..................................................... 6 .............................................2.............................................. 1 ..........................450000 .............................................15.3 TOTALS................................................................................... ..........................57 ................................................. 670 .........................................306.......................................... 206 ............................17311 ...............................................3.1 SELLING PRICE RANGE: CLOSED SALES TYPE PENDING SALES: .................. 0.................... 0...................... 3.................... 0......................... 0 .......................2....................... 0 .....................3............................ 8.....................0 ..................... 8 .................. 0.................... 0...................... 0.................... 0......................... 0 .......................0....................... 0 .....................1............................ 1.....................0 ..................... 1 .................. 1.................... 0...................... 2.................... 1......................... 3 .......................1....................... 0 .....................2.......................... 10.....................0 ................... 10 .................. 8.................... 4.................... 55.................. 20....................... 23 .....................55..................... 15 ...................77........................ 257.....................0 ................. 257 .................. 0.................... 0...................... 2.................... 0......................... 0 .......................0....................... 0 .....................0............................ 2.....................0 ..................... 2 NE FORECLOSURE/REO .............................................................. SELLER CONCESSIONS ........................................................ SHORT SALE ........................................................................... STANDARD .............................................................................. OTHER ..................................................................................... CA .................. 9.................... 4.................... 62.................. 21....................... 26 .....................58..................... 15 ...................83........................ 278...................49 ................. 327 ................ 17.................. 11.................. 143.................. 50....................... 62 ...................125..................... 27 .................191........................ 626.................114 ................. 740 ........... 4.485............. 3.368............. 26.410........... 10.605................ 10.871 ..............28.853................ 9.372 ............47.538................. 141.503............14.433 .......... 155.936 ........... 8.159............. 7.239............. 57.597........... 23.803................ 25.342 ..............60.344.............. 16.179 ..........100.069................. 298.731............34.504 .......... 333.235 ........... 498.3............. 842.0............... 426.0............. 505.0.................. 418.1 ................497.5................ 624.8 ..............572.7..................... 509.0..............294.6 .............. 476.9 ........... 520.0............. 685.0............... 395.0............. 522.0.................. 425.0 ................457.5................ 578.0 ..............490.0..................... 465.0..............275.0 .............. 441.0 .................. 9.................... 4.................... 53.................. 20....................... 20 .....................45..................... 12 ...................68........................ 231...................44 ................. 275 ........... 100.0............. 100.0................. 85.5............... 95.2.................... 76.9 ..................77.6.................. 80.0 ................81.9....................... 83.1................89.8 ................ 84.1 .............. 165................ 288.................... 89................ 111..................... 113 ...................110..................... 81 ...................82........................ 100.................121 ................. 103 .................. 1.................... 1.................... 31.................... 9......................... 8 .....................33....................... 4 ...................33........................ 120...................16 ................. 136 ............. 11.1............... 25.0................. 50.0............... 42.9.................... 30.8 ..................56.9.................. 26.7 ................39.8....................... 43.2................32.7 ................ 41.6 ............. 28.1............... 14.3................. 51.2............... 48.8.................... 47.3 ..................63.7.................. 44.1 ................62.9....................... 51.9................27.8 ................ 45.9 ............. 64.3............... 66.7................. 80.5............... 70.0.................... 57.8 ..................79.5.................. 44.1 ................67.5....................... 69.2................57.6 ................ 67.1 CC ................ 14.................... 8.................... 86.................. 31....................... 44 .....................62..................... 21 .................115........................ 381...................79 ................. 460 ................ 28.................. 17.................. 196.................. 81....................... 97 ...................161..................... 55 .................285........................ 920.................167 .............. 1,087 .............. 105................ 115.................... 50.................. 40....................... 38 .....................44..................... 33 ...................43.......................... 47...................65 ................... 50 ........... 478.1............. 647.0............... 431.3............. 429.6.................. 429.0 ................482.9................ 739.3 ..............534.8..................... 493.8..............332.2 .............. 466.0 ADUL 327 RESIDENTIAL PROP. ESCROw CLOSED NEW ESCROWS OPENED...................................................... TOTAL YTD ESCROWS OPENED ........................................... NEW OPEN ESCROWS AVERAGE DAYS ON MARKET......... NEW OPEN ESCROWS AVERAGE LIST PRICE ..................... CLOSED SALES: NEW ESCROWS CLOSED ...................................................... TOTAL YTD ESCROWS CLOSED............................................ VOLUME OF NEW SALE DOLLARS IN MILLIONS.................. VOLUME OF TOTAL YTD SALES IN MILLIONS ...................... AVERAGE SALE PRICE IN THOUSANDS ............................... MEDIAN SALE PRICE IN THOUSANDS .................................. COOP SALES .......................................................................... PERCENT OF COOP SALES................................................... AVERAGE DAYS ON MARKET ................................................ SALES AT LIST PRICE............................................................. PERCENT OF SALES AT LIST PRICE ..................................... SALES TO LISTING INVENTORY RATIO................................. FINAL SALE TO NEW LISTING RATIO .................................... AC 460 RESIDENTIAL PROP. ESCROw OPENED ................ 14.................... 6.................... 77.................. 30....................... 45 .....................73..................... 34 .................123........................ 402...................85 ................. 487 ................ 32.................. 28.................. 121.................. 43....................... 55 .....................91..................... 34 .................132........................ 536.................176 ................. 712 .............. 114................ 157.................... 72................ 105....................... 67 .....................50..................... 27 ...................56.......................... 71...................82 ................... 73 ........... 529.9............. 840.7............... 619.6............. 610.4.................. 473.4 ................557.1................ 678.8 ..............595.1..................... 597.2..............386.9 .............. 545.2 ........... 499.9............. 669.0............... 489.0............. 540.0.................. 445.0 ................540.0................ 680.0 ..............489.9..................... 518.0..............296.0 .............. 475.0 .................. 4.................... 4.................... 23.................. 11....................... 12 .....................20....................... 6 ...................31........................ 111...................40 ................. 151 ........... 478.0............. 514.5............... 407.3............. 442.9.................. 423.3 ................459.9................ 666.9 ..............590.2..................... 493.6..............366.3 .............. 459.9 ............. 44.4............. 100.0................. 37.1............... 52.4.................... 46.2 ..................34.5.................. 40.0 ................37.3....................... 39.9................81.6 ................ 46.2 .................. 4.................... 1.................... 10.................... 2......................... 2 .......................7....................... 1 .....................4.......................... 31...................12 ................... 43 MONTHLY RESIDENTIAL SALES STATISTICS MARCH 2015 SCV RESIDENTIAL MLS SUMMARY NEW LISTINGS ........................................................................ TOTAL ACTIVE LISTINGS........................................................ AVERAGE DAYS ON MARKET ................................................ AVERAGE LIST PRICE IN THOUSANDS................................. MEDIAN LIST PRICE IN THOUSANDS.................................... BOMS....................................................................................... AVERAGE BOM PRICE IN THOUSANDS................................ BOM TO SALE RATIO.............................................................. EXPIRATIONS .......................................................................... ACTIVE INVENTORY: 487 RESIDENTIAL PROPERTIES LISTED 18 Realtor® Report April/May 2015 www.srar.com 407 DEC AVG. SALE PRICE 423 NOV 6,135 525 OCT TOTAL 540 551 JUNE SEPT 465 MAY 550 553 APR AUG 592 MAR 564 489 FEB JUL 476 JAN LIST 1299.4 102.6 97.3 93.1 106.4 111.3 115.8 123.4 135.9 118.1 123.4 89.4 82.7 $ VOL MIL. $353,482 3,676 308 299 279 297 312 302 357 368 328 354 241 231 SALES 2010 60.3 75.2 70.7 53.1 55 56.7 53.5 64.8 79.1 59.3 59.8 49.3 48.5 % SALES TO LIST 6,128 307 368 491 505 532 512 578 588 618 585 525 519 LIST 1286.5 122.9 104.8 106.5 103.4 130 115.7 128 115.8 106 104 74.2 75.2 $ VOL MIL. $315,090 4,083 415 354 346 336 406 364 397 363 329 310 222 241 SALES 2011 67 135.2 96.2 70.5 66.5 76.3 71.1 68.7 61.7 53.2 53 42.3 46.4 % SALES TO LIST 4360 233 283 317 314 422 388 413 456 427 460 447 470 LIST 1356.5 145.9 96 121.2 118.2 120.2 122.6 135.0 118 109 107.9 78.7 83.8 $ VOL MIL. $317,090 4278 419 298 347 337 406 392 432 384 364 348 275 276 SALES 2012 LIST 383 370 99 179.8 4107 1597 165.2 131.9 131.9 140.1 142.7 163.7 147.4 129.1 139.1 132 89.7 84.2 $ VOL MIL. $388,850 407 214 4723 323 335 373 346 404 375 332 410 430 471 489 448 412 364 345 255 248 SALES 105.3 324 84.2 104.6 101 96.2 107.3 109.5 85.2 417 75.7 61.5 58.7 355 % SALES TO LIST 2013 LIST 69.9 391 68.9 417 491 90.1 87.3 484 500 86.7 73.5 493 82.6 500 83.7 441 80.6 454 81.7 366 99.7 256 109.2 227 5020 84.5 % SALES TO LIST 157.1 159.9 145.9 149.6 136.8 161.9 1642.5 153.2 157.6 155.5 96.2 88.2 103.2 $ VOL MIL. $421,369 373 362 341 356 308 365 3898 344 367 369 238 214 261 SALES 2014 SANTA CLARITA VALLEY COMPARABLE SALES ANALYSIS 2010-2015 (COMBINED RESIDENTIAL SALES, SINGLE FAMILY & CONDO) TOTAL MONTH BY MONTH 74.6 82.1 75.1 97.3 120.3 160.8 160.8 69.8 73.4 76.2 60.9 51.3 53.2 % SALES TO LIST 200 219 327 487 SALES 406 407 LIST 155 83.4 95.6 $ VOL MIL. 2015 67.1 49.3 53.8 % SALES TO LIST These advertisements are published as a convenience for Realtors®® Report readers. 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As a REALTOR®, you belong to the most knowledgeable and trustworthy group of professionals the industry has to offer. But how do you let clients know that? Jim Sandoval * Production numbers based on 3% commissions WWW.PARKREGENCY.COM/AGENTCENTER Tell them. Show them. Wear your REALTOR® pin with pride. FACEBOOK.COM/PARKREGENCY 818-363-6116 \ 10146 BALBOA BLVD., GRANADA HILLS, CA 91344 BRE #01231306 Only REALTORS® are members of the National Association of REALTORS® www.srar.com Angel Garcia Realtor® Report April/May 2015 19 These advertisements are published as a convenience for Realtors®® Report readers. The publication of an advertisement is not intended as an endorsement or recommendation of the services offered. CONSTRUCTION STYL’N CONSTRUCTION, INC. THE LAW FIRM OF KATZ & BLOCK R.E.O. / Foreclosures Email: [email protected] The Number One Law Firm Specializing in DENNIS P. 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STYL’N CONSTRUCTION INC. 9939 Canoga Avenue Unit “J” Chatsworth, CA 91311 www.stylnconstruction.com Office: (818) 407-1327 Fax: (818) 407-1462 FULL COLLECTION SERVICES FREE FORMS AND TELEPHONE CONSULTATIONS Open Monday through Saturday Call after hours for our informational hotline including free forms OTHER AREA OFFICES: LOS ANGELES VALLEY VILLAGE 323-938-2868 818-432-1980 TOLL FREE 800-77EVICT Licensed • Bonded & Insured • Lic. #806623 www.evict123.com NORDHAGEN AND DAUGHTERS $39 per month 100% COMMISSION TERMITE INSPECTIONS & FUMIGATIONS EXTERMINATING COmpany INC. GOLD STAR REALTY We Offer: Full Time Experienced Broker Equipped Offices & Conference Rooms Most Southland MLS Services Friendly and Helpful staff (818) 757-4567 20 YEARS IN BUSINESS Realtor® Report you’ve tried the rest… you demand the best… put us to the test !!! We do our OWN fumigations (No Sub-Contractor) Salaried inspectors (NO COMMISSIONS) FREE inspection if competitive bid Computer generated, emailed reports Recommended repairs performed by our company Licensed, insured and bonded 800-933-7378 818-886-3454 661-254-2133 800-649-1922 FAX 661-255-1902 FAX Affiliate member SRAR Affiliate member REOMAC Member PCOC (Pest Control Operators of California) CA Reg. #PR 2861 17815 Ventura Blvd., Suite 205, Encino 20 SRAR 2002 “ Affiliate of the Year” April/May 2015 www.srar.com These advertisements are published as a convenience for Realtors®® Report readers. The publication of an advertisement is not intended as an endorsement or recommendation of the services offered. MARKETING GET more HOME INSPECTION ADVERTISING ADVERTISE LEADS IN THE REALTOR® REPORT THE PREMIERE ONLINE MARKETING SOLUTION FOR REAL ESTATE AGENTS & BROKERS Make your ad POP! MORE ET G OUR FREE RT Y STA RIAL DAY T 30- With Color! T O D AY *Place a display ad and see your Company advertised on our website! CALL TOLL-FREE 888-277-9779 visit the “print shop” link for more information at: www.srar.com or call VISIT Point2.com (818) 947-2244 *Ads on srar.com may vary from display ad in content and form. Web ads are designed by the SRAR Graphics Department. Southland Regional does not constitute endorsement of the products or services advertised in our publication, REALTOR REPORT, or on www.srar.com. PR I N T I N G PRINT SHOP & Graphic design SERVICES www.srar.com Realtor® Report April/May 2015 21 Chairperson: Doc Holladay Phone: (818) 987-9500 Co-Chair: Rudy Leon Phone: (818) 642-7839 Location: Lulu’s Restaurant - 16900 Roscoe Blvd., Van Nuys Time: 8:45am OUTWEST Fridays Chairperson: Larry Gutierrez Phone: (818) 416-7077 Co-Chair: Steve Peterson Phone: (818) 914-2536 Education Chairman: Ron Henderson Phone: (818) 999-2945 Location: Weiler’s Deli 22323 Sherman Way Canoga Park, CA 91303 Time: 8:30 A.M. - 9:30 A.M. Affiliate Networking, MLS Pitches, Caravan, Guest Speakers Chairperson: Brian Hatkoff, CCIM Phone: (818) 701-7789 Web: www.commercialdataexchange.com Time: 8:30 A.M. Location: SRAR AuditorIum 7232 Balboa Blvd., Van Nuys Now Includes Business Opportunities Contact For Information: Bud Mauro Phone: (818) 349-9997 Location: El Cariso Golf Club Restaurant, “The 19th Hole”. 13100 Eldridge Ave., Sylmar CA. Exit 210 Frwy at Hubbard, N. to Eldridge, E. to Golf Club Entrance. [TG-482 D 3] Time: 8:30 – 9:30 A.M. - EVERY FRIDAY SCV CARAVAN 2nd & 4th Fridays Chairperson: Dean Vincent 818-802-8856 or [email protected] Location: SRAR SCV Division 20655 Soledad Canyon Rd #33, Canyon Country 91351 Dates: 2nd and 4th Fridays of the month Time: Networking Starts at 8:15am Meeting Starts at 8:45am Upcoming Meetings: March 27 April 10 April 24 May 8 May 22 June 12 June 26 July 10 July 24 August 14 August 28 September 11 September 25 October 9 October 23 November 13 November Happy Thanksgiving December 11 December Happy Holidays