Good Day everyone, I’m Connor MacIvor with REMAX of Santa Clarita and I’m proud to be of service.
Today is our Friday Finale real estate radio show where we get into the price changes that have occurred during the past 7 days within the Santa Clarita real estate world.
We are currently tracking 49 real estate listings in the Santa Clarita Valley Cities that have had their prices changed from what they were listed for. Typically the price changes are reductions.
However, this week we have 9 that were increases in listing price.
You may wonder how this could be. How do properties that have been on the market for sale for a while, have their prices increased.
It’s because some are short sales. Those homes in which the seller wants to obtain bank approval to sell them at less than the owed amount.
We see a few examples within the 9 real estate listings that had their prices increased – but what about the others.
I’d throw a couple the way of bad agent data during entry within the multiple listing service.
When we take a real estate listing in the Santa Clarita Valley Cities, or in the Greater Los Angeles Areas, we double and triple check the data which we enter.
However, sometimes, mistakes are made and the price is not correct.
The reason why it’s so important to double and triple check – again – each listing we enter into the MLS is so this mistake won’t happen to our Santa Clarita real estate home sellers.
The fact a home had it’s price increased, may turn off potential buyers.
While some don’t think it’s any big deal. It’s just nice to have everything correct when the enter button is pushed.
Looking through the 40 listings that have their listing prices decreased is some what revealing. While most are all over the board with reference to their days on market.
There are a few different types of sales – Standard, NOD, Short Pays, Real Estate owned and Auction.
Thanks for taking the time to have a look at our Friday Finale Broadcast and real estate radio show.
I’m Connor MacIvor with REMAX of Santa Clarita.