Neal's Blog

As we enter the traditionally "slower" part of the year, there is an interesting mix of changes in the market that are important to point out as we try to figure just how long-and how deep-the price declines in our valley will be.  No one can predict the future, but there is enough information that I think it's clear that the worst is behind us -how much lower can we go anyway?.  Still,  for most of Santa Clarita we aren't at bottom yet.  To jump ahead, I will explain why price softness and

Almost everyone knows the name "Angelo Mozilo"-he's the former CEO of Countrywide and he's been in the news a lot in the last few years, mostly with negative connotations. This morning I  had the opportunity to meet and listen to Andrew Gissinger. It's likely you haven't heard his name much, but I think you might in the future, and if you do I suspect it will  be with good connotations. Andrew (he goes by "Drew"), is the new Executive Managing Director and Chief Operating Officer (COO) at

I had a conversation today with a past client that wants me to help her find a home this Spring and by the end of the call it was clear to me that there is no topic more important for buyers and sellers in todays market to thoroughly understand than what a short pay listing is compared to a foreclosure listing. First lets start with the basics. A short pay or short sale listing is one in which the seller will get no money. They owe more than the home is worth. They want to sell but in order to