Could the Santa Clarita real estate market be shifting?

    Brought to you by the Paris911 Team at REMAX of Valencia CAIt seems for the first time in a long time that the Santa Clarita real estate markets have been going up and up.

    During our latest real estate market reports for the Santa Clarita Cities – We have seen that is no longer the case.

    At least for this week as compared to last. However, we do watch daily and weekly, and I will tell you this is the first time that Stevenson Ranch has given a bit, and reduced in median sales prices – in a long time.

    Not a HUGE amount, but enough to draw my attention to see that we maybe experiencing the very beginnings of a shift in real estate.

    Not enough evidence for you?  It could go either way, but I do know something for sure, the rising interest rates did not help issues.

    However, the thing that is keeping prices up for now is the lacking real estate inventory in the Santa Clarita Valley cities.

    We have watched as the inventory has reduced all the way down to a 1 month factor with regard to the absorption rate.

    Today, we are sitting at almost 2 months – that is better, but still anything but healthy.

    Be safe – thanks for reading and to make sure you are getting the most recent Santa Clarita real estate market updates, make sure you use our MaCBox resource at our Main side and in the margin of this blog. (it’s the green thing…) 🙂

    Type into it:  Market Updates to see our most recent PDF’s and installment of how the Santa Clarita real estate market is fairing.

     

     

     

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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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