Having said that, that doesn’t mean we haven’t had any inventory added to the homes that are listed for sale, just not as much as in years past.
One of the things we have to look at is the days on market time frames for real estate listings.
It’s also important for us to look at the other variables such as price changes, price reductions and other modifications to listings in order to try to get them to sell at a faster pace.
On Mondays we do our real estate market update radio show. On those particular shows we do talk about the local market. We also get into the real estate numbers as far as closings and sales of properties go.
This last week some of our clients asked how the spring is going to be as far as Santa Clarita real estate sales.
I opined that at that time, once the spring kicks off the last week in February, we’re going to see a lot more inventory come on the market for sale.
The primary reason is people are only now starting to realize how much equity they potentially have, and now they’re able to make a move for the first time in a long time.
One of the ways in which we inform people about how much equity they have is via a website that we have built. You can very simply go to SCVequity.com and find out exactly what your home, condominium, or townhome is worth in the present market.
We then give you a variable work up with exact market research, verifying everything with real estate data from the source, the local boards of realtors.
Therefore, sit back, relax, and let us do the work for you. Let us show you what your home would sell for in today’s market. This system will work in Santa Clarita Valley cities, as well as in the greater Los Angeles areas.
It takes approximately 2 to 6 hours to get the report generated and back into your possession.
That’s it, thank you so much for reading, look forward to having you tune into our radio show.