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Susan Losonci
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Direct: 818-419-8947

Office: 818-222-0023



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Coldwell Banker
23586 Calabasas Rd Ste 105
Calabasas, CA
818-222-0023


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First Time Home Buyers

First Time Home Buyers in Agoura

Sunday, September 19th, 2010

It seems that everything we read and hear is fodder for doom and gloom. The “Mortgage Meltdown”  is coming, home prices will fall even more, obtaining a mortgage will be next to impossible. While this may have some truth to it, there is an upside.

There are many reasons to buy now and first time home buyers have an even greater advantage. They do not have to sell their existing home to buy another one. Mortgage rates are at record lows, there is about a one year inventory of homes, with some more foreclosures still expected.

First Time Buyers can buy a property in Agoura Hills and pay about the same monthly amount as for a rental.  They can save on taxes,  and have a forced savings with a portion of the monthly payment going towards the equity. Over the years, appreciation outpaces inflation.

Agoura Hills, has lots to offer. There are new strip malls opening on Canwood Street and Lost Hills Road. There are specialty shops, restaurants, and gourmet food shops as well as the upscale fast food and familiar markets. There are farmers’ markets in many areas of Agouti Hills. These farmers’ markets offer fruits and vegetables, in season,  picked the same day, organic foods, baked goods and much more. The locavores definitely will find Agoura Hills farmers’ markets have great varieties and are open in different locations during the week as well as on the week ends.

Agoura Hills, a great place to buy today, and tomorrow a great time to own.

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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