VIA panelists discuss increase of insurance and decline of home ownershipÂ
VIA panelists discuss increase of insurance and decline of home ownershipÂ
Source: The Signal
Date: 02/27/2026 12:03pm
Article Summary:
VIA Panel: Rising Insurance Costs and High Down Payments Threaten Homeownership in Santa Clarita
At a Valley Industry Association luncheon in Santa Clarita, real estate and mortgage experts said the local housing market is returning to pre-pandemic norms, with rising inventory and signs of stabilization in both residential and commercial sectors. Panelists pointed to high insurance costs, sizable down payments and student loan debt as major barriers to homeownership, while noting that elevated interest rates and limited lending are slowing commercial activity and contributing to a generational divide in home buying.
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