Condo and Town home market updates for Santa Clarita Cities in California

    Click here for the Reports concerning Single Family Residences in Santa Clarita CA.

    Today’s reports for this week have just been compiled and are “data rich” when it comes to getting a handle on the Santa Clarita real estate market.  We have divided up our Santa Clarita market update reports for each of the cities in the Santa Clarita Valley.

    The reports on this page reference and have to do with Condo’s and town-homes in the cities of the SCV.  You will see that we are facing a current “lacking of real estate inventory”.  With all of the short sales that are entering the market, foreclosures and standard sales – they are getting scooped up by the “cash type” investors.  With the changes over the past few years with FHA – our 3.5% down buyers are unable to compete with the cash investor at the present time.

    However, we are watching as a shift is occurring in the Santa Clarita real estate world.  Cash investors are slowing their roll with purchasing of Santa Clarita valley real estate.  They are not as active as they were even last month.  The other “glimmer of hope” about the condo and town-home market has to do with a news story about FHA loosening up their requirements for Condo’s and town-home complexes to allow for their financing.

    I contributed to a story in “The Signal”, Santa Clarita’s local newspaper, yesterday.  I talked about FHA and the changes as they were going to take place.  I explained that it would cause FHA buyers to re-enter the market in droves, having been left in the cold when most of the town-home and condo complexes Expired from the “FHA approved” list late in 2011.

    I continued to talk about needing more real estate inventory in the condo and town-home realm.  When the FHA spot approvals start up again, and I for see they will with the changes in FHA regulations, we are going to need more inventory so Buyers using FHA loans can have something to buy!

    Condo-and-Town-home-market-updates-for-VALENCIA.pdf

    Condo-and-Town-home-market-updates-for-STEVENSON-RANCH.pdf

    Condo-and-Town-home-market-updates-for-SAUGUS.pdf

    Condo-and-Town-home-market-updates-for-NEWHALL.pdf

    Condo-and-Town-home-market-updates-for-CASTAIC.pdf

    Condo-and-Town-home-market-updates-for-CANYON-COUNTRY.pdf

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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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