Buyer confidence increasing despite the constrictive inventory

    Buyers are out in droves looking at listings that have just been placed onto the Santa Clarita real estate market for sale within hours by the dozens. In today’s market, this is what is takes with some listings, but not all. Most banks with the sales of their foreclosures are going to wait a specific amount of time before allowing their real estate representative to upload offer Number 1!

    Some of the agents that are handling short sale listings are going to leave their listing active as long as they can to work that same listing for leads.

    Standard Sellers may want to wait a time to pit each buyer against each other to get the highest possible price. They will also want to chop off some of the “in place contingencies” with regard to their “highest” buyers.

    We are continuing to watch as our “absorption rate” decreases within the Santa Clarita Valley cities.  The “absorption rate” is the amount of time it takes, if no new listings were added to current inventory, that it would take us to get to zero listings on the market for sale.  This rate is dependent on factoring in the numbers of homes closing per week in the Santa Clarita Cities.

    We have our Inventory resources for Santa Clarita Valley.  They are quite revealing and may make you shutter a bit.  For example, I ran today’s inventory in the City of Valencia CA.  Single Family homes for sale – and that number was:  124 – 10/17/2012.  When I go back to the Height of Single Family residence inventory in Valencia CA that date was November 23, 2007 at 414 properties for sale in the City of Valencia within the Santa Clarita Valley.

    Remarkable to say the least – Here is a quick video talking about how to use our inventory pages to get a better grasp as to where the Santa Clarita real estate market is today.

    We have also posted the top 4 Foreclosure listings in the City of Stevenson Ranch CA.  These are actually bank owned homes and active right now on the market for sale. FYI – we built the below list for four foreclosures – you may see three or less – even zero. It will depend on the current Foreclosure and bank owned inventory. Reach out to us if any are of interest to you.  Be Safe and thanks for reading.

    Whoops, almost forgot – we posted up all of the new foreclosure activity at the bottom of this Santa Clarita Foreclosure Site posting.  You will see the auctions, bank owned, real estate owned, and sold to third properties in the Cities that compose the Santa Clarita Valley.

    [idx-listings linkid=”34894″ count=”3″ showlargerphotos=”true”]

    Be Safe – and thanks for reading, sharing, rt’s, and facebook liking.

    Your New Foreclosures alert, All Santa Clarita Cities – NOD filings – Updated, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Preforeclosure 505404866 25565 CROCKETT LN STEVENSON RANCH 91381 CA SFR 1810 4 3.00 02/06/2013 $404,830.00 $283,280.00

    Preforeclosure 512688807 27707 IRIS CT CANYON COUNTRY 91351 CA CND 2063 3 3.00 02/06/2013 $296,949.00 $312,701.00

    Preforeclosure 500604282 29308 HACIENDA RANCH CT VALENCIA 91354 CA SFR 4005 6 5.00 02/02/2013 $699,362.00 $1,217,620.00

    Preforeclosure 146118 20206 JENNIFER CT SANTA CLARITA 91351 CA CND 2130 4 3.00 02/06/2013 $461,995.00 $708,681.00

    Preforeclosure 512673182 19230 AVENUE OF THE OAKS D NEWHALL 91321 CA CND 864 2 2.00 02/06/2013 $83,324.00 $308,205.00

    Preforeclosure 512745737 22712 DERBY PL SANTA CLARITA 91350 CA CND 1158 3 2.00 02/07/2013 $320,333.00 $402,874.00

    Preforeclosure 520347858 25817 LOCHMOOR RD VALENCIA 91355 CA SFR 1933 4 3.00 02/06/2013 $410,297.00 $560,367.00

    Preforeclosure 23820035 26534 TURNSTONE CT VALENCIA 91355 CA CND 1985 3 3.00 02/08/2013 $475,914.00 $309,113.00

    Preforeclosure 23824923 28217 BRYCE DR CASTAIC 91384 CA SFR 2309 5 3.00 02/06/2013 $396,311.00 $541,844.00

    Preforeclosure 24511216 18628 DELIGHT ST SANTA CLARITA 91351 CA SFR 1402 5 2.00 02/06/2013 $253,103.00 $360,277.00

    Preforeclosure 821848b 29546 SEQUOIA RD SANTA CLARITA 91387 CA SFR 3286 5 4.00 02/06/2013 $467,572.00 $726,233.00

    Preforeclosure 23800720 20327 RUE CREVIER 542 CANYON COUNTRY 91351 CA CND 1007 2 2.00 02/07/2013 $160,749.00 $378,461.00

    Preforeclosure 507459259 19223 AVENUE OF THE OAKS C NEWHALL 91321 CA CND 806 2 1.00 02/06/2013 $84,323.00 $117,059.00

    Your New Foreclosures alert, Paris911’s Auction Alert for Santa Clarita Valley, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Auction 711693 21444 PEGGY JOYCE LN SANTA CLARITA 91350 CA SFR 1471 4 2.00 11/08/2012 $305,110.00 $433,795.00

    Auction 23815295 25537 AVENIDA FRASCA VALENCIA 91355 CA SFR 2071 4 3.00 11/01/2012 $426,164.00 $517,551.00

    Auction 520330483 29029 CONCORSE DR CASTAIC 91384 CA SFR 1280 3 2.00 10/30/2012 $165,980.00 $229,410.00

    Auction 463923 23016 GARZOTA DR VALENCIA 91354 CA SFR 2241 4 3.00 11/05/2012 $372,689.00 $655,913.00

    Auction 36011 28309 MOUNT STEPHEN AVE SANTA CLARITA 91387 CA SFR 2217 4 3.00 11/01/2012 $360,238.00 $394,596.00

    Auction 517064078 27650 IRONSTONE DR 2 SANTA CLARITA 91387 CA CND 1127 2 3.00 11/01/2012 $132,087.00 $319,176.00

    Auction 507616952 25560 NOVELA WAY VALENCIA 91355 CA SFR 3131 4 3.00 11/08/2012 $492,618.00 $395,017.00

    Auction 500603694 27715 CLARK CT SANTA CLARITA 91350 CA SFR 1608 3 2.00 11/01/2012 $347,142.00 $351,395.00

    Auction 770023b 27071 CHANNEL LN VALENCIA 91355 CA SFR 2161 4 3.00 11/01/2012 $447,338.00 $656,479.00

    Auction 841912b 18840 WELLHAVEN ST CANYON COUNTRY 91351 CA SFR 1408 3 2.00 11/14/2012 $292,479.00 $329,653.00

    Auction 507458920 27803 QUINCY ST CASTAIC 91384 CA SFR 1171 2 2.00 10/31/2012 $260,514.00 $245,252.00

    Your New Foreclosures alert, Paris911’s Auction Alert for Santa Clarita Valley, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Auction 711693 21444 PEGGY JOYCE LN SANTA CLARITA 91350 CA SFR 1471 4 2.00 11/08/2012 $305,110.00 $433,795.00

    Auction 23815295 25537 AVENIDA FRASCA VALENCIA 91355 CA SFR 2071 4 3.00 11/01/2012 $426,164.00 $517,551.00

    Auction 520330483 29029 CONCORSE DR CASTAIC 91384 CA SFR 1280 3 2.00 10/30/2012 $165,980.00 $229,410.00

    Auction 463923 23016 GARZOTA DR VALENCIA 91354 CA SFR 2241 4 3.00 11/05/2012 $372,689.00 $655,913.00

    Auction 36011 28309 MOUNT STEPHEN AVE SANTA CLARITA 91387 CA SFR 2217 4 3.00 11/01/2012 $360,238.00 $394,596.00

    Auction 517064078 27650 IRONSTONE DR 2 SANTA CLARITA 91387 CA CND 1127 2 3.00 11/01/2012 $132,087.00 $319,176.00

    Auction 507616952 25560 NOVELA WAY VALENCIA 91355 CA SFR 3131 4 3.00 11/08/2012 $492,618.00 $395,017.00

    Auction 500603694 27715 CLARK CT SANTA CLARITA 91350 CA SFR 1608 3 2.00 11/01/2012 $347,142.00 $351,395.00

    Auction 770023b 27071 CHANNEL LN VALENCIA 91355 CA SFR 2161 4 3.00 11/01/2012 $447,338.00 $656,479.00

    Auction 841912b 18840 WELLHAVEN ST CANYON COUNTRY 91351 CA SFR 1408 3 2.00 11/14/2012 $292,479.00 $329,653.00

    Auction 507458920 27803 QUINCY ST CASTAIC 91384 CA SFR 1171 2 2.00 10/31/2012 $260,514.00 $245,252.00

    Your New Foreclosures alert, Paris911’s Sold to Third Alert for Santa Clarita Valley CA, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Sold to 3rd 512630818 28113 DOWELL DR CANYON COUNTRY 91351 CA SFR 1450 4 2.00 10/16/2012 $282,763.00 $255,000.00

    Your New Foreclosures alert, Paris911’s Santa Clarita Bank Owned Real Estate Alert, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Bank Owned 517159019 18744 VISTA DEL CANON D NEWHALL 91321 CA CND 1075 2 3.00 10/16/2012 $148,101.00 $7,923.33

    Bank Owned 509742402 18758 MANDAN ST 1607 SANTA CLARITA 91351 CA CND 1031 3 2.00 10/16/2012 $101,656.00 $262,409.35

    Your New Foreclosures alert, 91601, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Auction 507591213 11027 MORRISON ST NORTH HOLLYWOOD 91601 CA LND 1768 2 2.00 11/05/2012 $348,857.00 $620,697.00

    Auction 520282261 4823 CRANER AVE NORTH HOLLYWOOD 91601 CA MFR 2180 4 2.00 11/02/2012 $580,932.00 $709,332.00

    Auction 130989 11462 ALBERS ST NORTH HOLLYWOOD 91601 CA SFR 1294 2 1.00 11/01/2012 $301,990.00 $497,349.00

    Sold to 3rd 517306033 11124 BURBANK BLVD 208 NORTH HOLLYWOOD 91601 CA CND 1040 2 2.00 10/16/2012 $191,114.00 $168,500.00

     

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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