A SUMMARY ON SANTA CLARITA'S REAL ESTATE MARKET

Tue, 01 Feb 2022 07:58:35 GMT

The Real Estate Market is Booming. What are you doing?

Are you planning on buying a house this year? The real estate market has seen a very volatile last two years. Buyers are currently experiencing lack of supply and the highly competitive offers that are driving up asking prices. If you aren't interested in buying then you are probably sold on the idea that a market correction is coming.

Here's What We Know

The FED is going to raise interest rates throughout 2022 increasing demand to get a lower interest rate now.
Baby boomers are settling down during these crazy times adding to lack of supply.
Millennials are in peak buying times to settle down increasing demand.
The market is highly competitive causing buyers "FOMO" and increasing demand.
Creative financing from the FED allowing more people to qualify for traditional lending increasing demand.
Financial education gaining steam on social media channels increasing demand
People trying to sell at the "top of the market" and renting waiting for correction increasing supply
Stimulus and federal support which is increasing demand
Institution buyers growing their portfolios rapidly which is decreasing supply
The end of the moratorium will have a negative effect on the market

Our Conclusion

We believe that the market will see a correction in 2022. Statistics are showing that the real estate market saw an 18% increase in 2021. Although we are still in a sellers market we won't see a double-digit increase again in 2022. This is due to the federal government looming the increase in interest rates over our heads. In a typical market when interest rates go up the market tends to level out at a sweet spot. In the first half of 2022 prices will continue to surge because of the interest rate spike on the horizon. We should see a slight correction by the middle of this year. However, our experts say that it is never a bad time to buy real estate. Real estate is one of the best vehicle to build and sustain wealth over time. This is not to mention the cash flow and tax benefits.

A Brief History on Santa Clarita's oldest Property Management Company!

Wed, 26 Jan 2022 00:45:25 GMT

Gable is on a mission to provide its audience valuable weekly content. Gable exists to serve its network, this blog will be no different. First we want to provide you a brief history of Gable .

A Brief History on Gable

Gable was founded in 1984 by Daisy and Joseph Palmieri. The first Gable office was on Lyons avenue in Newhall, CA. Joseph and his wife spent their entire careers working in the real estate industry. They started Gable Property Management as a family business with a mission to help other families. Joseph operated Gable until 2002 when he passed away, leaving the business to his granddaughter Jennifer Sioussat. Jennifer says, "there is beauty in being able to help landlords successfully manage a property while providing families and individuals a place to call home." Jennifer now carries on her grandfather's business as the president and owner. She is committed to not only carrying on her grandfather's legacy, but is making sure that the business upholds his standards in honor of her Grandfather. Joseph, a renown businessman always instilled into Jennifer the importance and standard of quality service and work ethic. Jennifer has created a culture at Gable Property Management that is nothing short of what her grandfather instilled into her. Gable has now been operating for 38 years in the Santa Clarita Valley.

"The Meaning Of Gable"

Joseph Palmieri

Guaranteed Quality Service

We provide personal but quality and professional service to our clients at the highest level.

Ability to Adapt

The market is constantly evolving and we are constantly evaluating our business getting creative to bring our clients value

Bold

At Gable we are confident in our ability to determine our customers needs and execute.

Loyalty

Gable Property Management has been in business for more than 40 years. The success we have had is rooted in our ability to gain the trust of our owners, through consistent great service.

Experts

Our team is comprised of a mixture of industry veterans and unique individuals who have extensive knowledge and ability based on research, experience, and skill in the Property Management field.

gablepropertymanagement