I cannot be alone in this wish. In fact, I know our clients would rejoice in the fact of my Paris911 Team being able to obtain more inventory to show them and to sell them. We have been watching as the inventory in the Santa Clarita valley has gone from an all time high to today’s low. If you want the latest numbers in Santa Clarita City Inventory – click here.
That Low equates to selling out of our current available homes for sale within the next month and a half, if no new inventory is added.
Inventory is always being added, just not in the volume we would appreciate most.
Here is my crystal ball: The future inventory is going to come in the way of the Adjustable rate mortgages – the 5 year terms – terming out 🙂
In addition to that, if the debt forgiveness act is not extended – those that are wanting to short sale, but have not yet reached out, will be running to the BEST Short Sale Agents, in droves, that they are able to find, to get their Short Sale Finished before December 31, 2012.
If that weren’t enough, all you have to do is have a look at the bank owned inventory that just sits. It is waiting for the bank to green light it so they can be placed onto the market For Sale. You can get a look at that Bank Owned and other Off Market Inventory by visiting our Foreclosure Radar Resource and typing in the Zip Code you are interested in.
Be safe – search well and watch for that coming inventory. If you are on the fence, and have been, make sure you let us know when you are ready. If we have helped you in the past – we hope this update serves you well!