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My 5 bdrm 3 bth home has been steadily rising and getting close to the $1m price point. They are building a few thousand new homes in the area and they are priced over $1m.
The homes that have gone on the market in my tract sell quickly due to a couple of factors. The residents are predominantly police, fire and studio people so the neighborhood is very safe.
The other factor is that there is no HOA or Mello-Roos (an additional tax that deals with infrastructure for new neighborhoods) for my tract unlike many neighborhoods in the Santa Clarita/ Newhall/ Castaic area.
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"There is nothing to be learned from the second kick of a mule" - Mark Twain
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