By: Fred Arnold Coming up on August 24th, 17th Annual Heart of The West Dinner, Auction & Children’s Demonstration-for Carousel Ranch, See attached interview with Denise Tomey, the Executive Director of Carousel Ranch about the Ranch. Equestrian Therapy at Carousel Ranch with Denise Tomey Rising mortgage rates combined with rising home prices are reducing the sales of existing homes according to ...

June home prices are encouraging as the economy continues to improve. Prices for single-family homes and condominiums have almost reached fall 2008, pre-recession levels. Foreclosures and short sales are also down.

Home prices for existing home sales continue to remain firm despite that a little more inventory is coming on the market.  There is slight concern however in that the number of existing home sales declined by 1.2% in the month of June. Some experts tend to think that the decline is due to rising interest rates for mortgage financing however, ...

By Fred Arnold Without much fanfare the stock market has resumed its climb into record territory.  Twice this week the stock market hit record highs.  The main driver for the continued rise is investors feeling comfortable that the Fed is still quite a ways off from tapering the economic stimulus program. American companies are as lean as they have ever been and flush ...

By: Fred Arnold With the belief that the Fed is not rushing to begin the tapering of their economic stimulus program the stock market moved into record territory this week. Additionally the panic that has gripped the bond market has subsided and interest rates have been dropping. Although rates are not heading anywhere close to record lows, they are at ...

A former Santa Clarita woman who posed as a real estate agent and investor and bilked Santa Clarita Valley investors out of millions, was sentenced Monday in federal court

It is simply amazing that there used to be a time that the stock market would drop at any economic report that was negative and indicated a less than strong economy.  However this week the exact opposite happened.  The markets rallied on Wednesday when the GDP report came in worse than expected. You may be reading this newsletter and think that investor ...

By: Fred Arnold Well we all know what hit the fan this week after the Fed made their market announcement about the future of interest rates. Although the Fed did not change a thing in regard to monetary policy, the markets reacted as if the sky was falling and both the bond and stock market tanked for 2 days straight. ...

By: Fred ArnoldDespite the absence of major market moving news in the U.S., stocks have had a wild ride for the first 4 days of the week.  The market volatility has been primarily based upon speculation about what the Fed will do regarding interest rates and economic concerns over seas.  The market finished Thursday only down 100 points for the week after ...

Santa Clarita based Williams Homes plans to make the second phase of their Valle Di Oro community in Canyon Country available this June. The opening comes at a time when the economy and real estate market are looking up locally.