1. Santa Clarita Valley
Residential Real Estate
BNI Presentation on December 14, 2011
By
Phil Levy, REALTOR®, CDPE
Intero Real Estate Services
661.313.4717
phil@jpscvrealty.com
2. How do REALTORs® Define SCV?
Aqua Canyon
Acton
Dolce Country
Stevenson
Castaic Newhall
Ranch
Saugus Valencia
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 2
www.jpscvrealty.com
3. Why SCV?
City of Santa Clarita is 51st
most affluent in US
SCV – Great Place to Live and • Ranks in top 15% of all cities with a
Work population greater than 75,000.
• Very giving community
• Source: The Signal, Monday April 12
2010.
Unemployment lower than
State and US at Sep ‘11 (SCV SCV – Preferred filming
Business Journal – Dec 2011)
• Santa Clarita – 7.6%
location for all sorts of films,
• LA County – 12.2% TV series, and commercials –
• State of CA – 11.4% www.filmsantaclarita.com
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 3
www.jpscvrealty.com
4. Why SCV – cont.
Recently voted the most
Highly ranked schools
“Business Friendly” city
(API)
in LA County
Higher median city
Public Safety – 3d Safest
household income vs LA
city in CA and 11 in the
County overall - $76 vs
US
$52 (data from 2006).
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 4
www.jpscvrealty.com
5. Relative Values of SCV Cities
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 5
www.jpscvrealty.com
7. Breakdown of Sale Types (SFR)
Closed SCV SFR Sales YTD 11/30/2011
Short Pay,
696, 32%
Standard,
930, 43%
Active SCV SFR Listings at 12/13/2011
REO, 552, Standard,
25% 445, 35%
Short Pay,
660, 51%
REO, 185,
14%
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 7
www.jpscvrealty.com
8. Looking Ahead
– Potential for increase in housing demand – both
rental and own.
• Return of jobs
• Lack of new housing starts
• Demographics
• Return of inflation
– Affordability is at historically high levels
• Driven by historically low interest rates and prices
• FHA regulations have impacted the price of condos
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 8
www.jpscvrealty.com
9. Opportunities Abound
• First Time Buyers
– Profile – renters with stable employment or
business with solid credit.
– In most cases buying is less expensive than
owning – before tax.
• Financial model that provides the calculation.
– Tax benefits of owning – deductibility of interest
and property taxes.
– Great inflation hedge
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 9
www.jpscvrealty.com
10. Opportunities Abound, cont.
• Income Properties
– Profile: Anyone looking to diversify his/her investment portfolio. Also
move ups.
– Real Estate can be a great wealth creator.
– Cost of entry is at historically low levels. Temporarily
– Generate solid returns
• with a potential for future increases in rental income.
• Lock in property assessments under Prop 13.
– Significant due diligence is required on market values, property
condition, rental income expectation, costs to purchase and maintain
• pencil out the figures.
– Find the right property
– At the right price
– With the right information
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 10
www.jpscvrealty.com
11. Opportunities Abound, cont.
• Distressed Property Owners
– Profile: Anyone struggling to keep their home.
Earlier intervention can profoundly affect the
outcome.
– Unprecedented assistance programs
• Mortgage mods
• Short Sales
– Avoid Foreclosure:
• Profoundly affects credit rating and access to credit and
potential jobs or business opportunities
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 11
www.jpscvrealty.com
12. Resources
• Patient and responsive
• Persistent at striving toward the right result for the
client
• Solid negotiating and analytical skills
• Well connected in the local real estate community
• Strong financial background
– Due diligence checklist and worksheets for investors
• Great network of affiliates
– Short sale negotiators, lawyers, CPA for distressed property
owners.
– Mortgage lender and insurance agent for all buyers
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 12
www.jpscvrealty.com
13. Web Services for Clients
• www.jpscvrealty.com
• www.facebook.com/scvrealty
• www.santa-clarita-home-solutions.com.
• www.santa-clarita.com (City of Santa Clarita
• www.santaclarita.com (City Guide)
• www.SCVchamber.com (Santa Clarita Chamber of
Commerce)
Phil Levy, REALTOR®, CDPE
Decenmber 14, 2011 Intero Real Estate Services 13
www.jpscvrealty.com
