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    Foreclosure inventory is experiencing the cold water shrinkage 2015-105

    Santa Clarita Foreclosure Service at REMAXGood day everyone, my name is Connor MacIvor, Local Realtor in the Santa Clarita Valley Cities, serving the greater Los Angeles Areas.

    Today we are having our Foreclosure and Real Estate owned Broadcast. This is where you get the full Distressed property recap for the SCV Cities and others that we frequent with our client representation business.

    For homes, condos and town homes of course. Some of the questions we have received this week have to do with “how is the Santa Clarita Real Estate market Doing?”

    We covered that topic on our Mondays Real Estate Broadcast. Resource: Santa Clarita Market Mondays radio show

    We also had a caller that was interested in finding out how the Real Estate syndication websites operate and why they are viewing listings that are not for sale any longer when entering addresses on their systems.

    Resource – Find out more about why MLSbest is a better way to search for homes

    The Weekly SCV Update you have been waiting for

    During the past 7 days we have real estate inventory that has been added to the market, with very few foreclosures.

    I have been tracking 102 active real estate listings that have entered the Santa Clarita real estate market in the past 7 days.

    Resource: View the New Santa Clarita Listings

    I have seen 50 real estate listings in the SCV Cities that have had their prices changed.

    Resource: Santa Clarita Price Changes

    During this past week 30 real estate listings fell out of escrow and are for sale again.

    Resource: View the Back on Market listings

    During this past 7 days in the SCV Cities I have been monitoring those real estate listings that entered escrow or had their status changed to pending. Both Back up and Pending Statuses in the SCV cities.

    Resource: View the Back Up listings in the SCV Cities 

    Resource: View the Pending Santa Clarita Listings

    89 real estate listings in the SCV Cities sold – closing escrow with new owners!

    Resource: View the sold real estate listings

    Santa Clarita Foreclosure and Bank Owned activity

    Resource:  View the Foreclosure Data right now!

    All information is accessible at the link I have placed above. This corresponds to the write up I have placed below this text.

    During the past 7 days and throughout the month of April 2015, we have seen the foreclosures continue to level off and reduce.

    In a healthy real estate market we have about a 1% foreclosure Rate. So they do Exist in a Normal and Healthy real estate market?

    Yes – they do. There are still those that have fallen victim to job loss, death, divorce and disease. It’s sad but true.

    Very different than the last cycle, most people that lost their homes just over bought and lenders over lent and Realtors over sold.

    Santa Clarita Foreclosure Recap

    Here are the latest real estate numbers as they relate to the Foreclosures, Bank Owned and Short sales that are now present in the Santa Clarita Valley Cities.

    • I have been tracking 29 total foreclosures and real estate owned homes that are on the market right now

    • Of those I have 17 that are fully active as of the time of our Foreclosure Recap blog post

    • In the Short Sale Realm – I have been monitoring 154 of those that are somewhere in the process

    • Of all of the short sales, I have 45 that are active and available

    Pocket Foreclosures and “off market” distressed inventory

    • In the Santa Clarita Valley Cities – the break down is as follows:

      • 282 total “off market” distressed real estate listings
      • Some are Bank Owned – 84
      • Some of these listings are Pre Foreclosures with a Notice of Default filed on them at 105
      • Some are headed to the auction in Pomona or Norwalk – 78
      • Sold to a Third real estate listings came back at 15
    • In the City of Stevenson Ranch CA – the break down is as follows:

      • 27 total “off market” distressed real estate listings
      • 15 of those are pre Foreclosures in Stevenson Ranch
      • 4 of those Stevenson Ranch listings are headed to the auction
      • 8 of those listings in Stevenson Ranch are bank owned
    • Acton California – just for funzies – Here is that break down:

    Acton Foreclosures

    Stage Address City Sq Ft Beds Baths Est. Value Est. Equity % Sale Time Sale Date Est. Bid Position Date Recorded

    VAC/BTWN ESCONDIDO CANYON ARDC/MTON $75,053 100% 11:00 AM 10/10/2008 $0 1r 9/15/2008

    1645 MARY RD ACTON 3,493 4 3 $667,181 44% 10:30 AM 6/15/2007 $680,171 1r 10/31/2006

    VAC/COR SUNRISE VIEW/OLD SIERARCTON $299,482 -346% 10:30 AM 4/28/2008 $100,000 1r 4/9/2008

    7535 VALLEY SAGE RD ACTON 2,094 3 2 $432,139 80% 10:00 AM 1/2/2008 $146,321 2r 10/11/2007

    VAC/FORESTON DR DRT /VIC RIMSAI CTON $13,071 -1,890% 10:00 AM 1/31/2008 $76,718 2r 1/14/2008

    VAC/VIC ANGELES HWY/CARSON AMECSTON $32,816 100% 10:00 AM 8/19/2010 $0 1r 7/28/2010

    VAC/SIERRA HWY/VIC HYPOTENUACECRTDON $169,391 100% 10:00 AM 3/22/2011 $0 1r 8/18/2010

    VAC/ARKSEY/VIC SUNRISE VW ACTON 384 1 1 $204,548 -13% 10:30 AM 2/25/2011 $260,447 2r 12/21/2010

    33105 SANTIAGO RD SPC 54 ACTON 1,680 3 2 $245,673 -136% 10:30 AM 3/18/2011 $69,900 1r 1/18/2011

    VAC/DESERT RD/VIC CLANFIELD ACTON $27,172 -28% 10:00 AM 3/28/2011 $101,107 2r 2/28/2011

    Report as of: 15 Apr 2015 08:53:26

    Stage Address City Sq Ft Beds Baths Est. Value Est. Equity % Sale Time Sale Date Est. Bid Position Date Recorded

    VAC/DESERT RD/VIC CLANFIELD ACTON $27,172 100% 10:00 AM 3/28/2011 $101,107 1r 2/28/2011

    VAC/FOREST VIEW RD/VIC AVENUAECFWTYON $50,433 100% 10:00 AM 9/8/2011 $0 1r 8/16/2011

    VAC/VIC LAMOASAS RD/SHANNONADCALTON $102,463 91% 9:00 AM 2/24/2012 $200,000 2r 1/31/2012

    VAC/VIC SIERRA HWY/CROWN VALALCE RTDON 336 $222,099 100% 9:00 AM 3/12/2012 $180,283 1r 2/14/2012

    33110 MARGARITA HILLS DR ACTON 1,700 3 2 $169,342 100% 9:00 AM 3/20/2013 $353,014 1r 6/19/2012

    VAC/COR ESCONDIDO CANYON RAD/RCETON $91,413 100% 9:00 AM 2/4/2013 $700,000 1r 1/8/2013

    VAC/HYPOTENUSE RD/VIC SIERRAAHCWTYON $126,796 100% 9:00 AM 2/22/2013 $211,263 1r 1/29/2013

    34599 DESERT RD ACTON 3,254 4 3 $558,606 100% 9:00 AM 6/5/2014 $529,000 1r 5/13/2014

    32233 INDIANA AVE ACTON 1,996 4 2 $480,680 100% 9:00 AM 7/10/2014 $240,000 1r 6/6/2014

    VAC/ANTIUM ROAD DRT /VIC RINOANCTON $21,947 100% 9:00 AM 10/14/2014 $23,560 1r 9/11/2014

    VAC/WOODS RD/VIC CROWN VALLAEYCRTDON $214,923 100% 9:00 AM 10/14/2014 $71,000 1r 9/15/2014

    3145 WESTCOATT ST ACTON 1,176 2 1 $269,362 -40% 2/26/2015 $383,697 1 10/29/2014

    33115 MARGARITA HILLS DR ACTON 1,792 3 2 $552,694 100% 11:00 AM 11/24/2014 $382,500 1r 10/31/2014

    30815 ALISO CANYON RD ACTON 2,520 3 3 $629,809 -8% 2/28/2015 $650,720 1 10/31/2014

    34353 BRINVILLE RD ACTON 2,260 4 3 $519,026 -139% 11:00 AM 4/24/2015 $679,292 1 11/3/2014

    2308 MALIA CT ACTON 2,625 4 3 $573,420 100% 11:00 AM 3/5/2015 $492,175 1r 11/14/2014

    1350 CARDIAC RANCH RD ACTON 1,832 3 2 $217,266 100% 11:00 AM 1/23/2015 $282,660 1r 11/25/2014

    1840 EL DORADO DR ACTON 3,536 3 3 $649,149 100% 4/2/2015 $1,899 1 12/3/2014

    2510 PALOMINO DR ACTON 2,891 4 3 $638,508 58% 4/1/2015 $31,389 2 12/2/2014

    5819 HUBBARD RD ACTON 1,803 3 2 $401,207 -5% 5/7/2015 $459,364 1 1/7/2015

    VAC/COR NORCROSS RD/CRISCOAM CRDTON 1,550 $48,490 100% 9:00 AM 3/2/2015 $111,125 1r 1/22/2015

    33406 DESERT RD ACTON 2,913 5 3 $535,866 -7% 5/27/2015 $773,130 1 1/27/2015

    6221 SHANNON VALLEY RD ACTON 2,498 3 3 $496,300 11% 5/13/2015 $637,012 1 1/13/2015

    4005 GILLESPIE AVE ACTON 2,056 4 2 $398,007 -2% 5/28/2015 $476,270 1 1/28/2015

    34442 ASPEN ST ACTON 2,823 5 3 $604,975 16% 6/17/2015 $90,234 2 2/17/2015

    VAC/QUIRK RD/VIC SEARCHLIGHTARCTON $60,103 -18% 6/19/2015 $34,387 2 2/19/2015

    34750 GARLOCK RD ACTON 1,794 3 2 $401,045 16% 9:00 AM 5/14/2015 $442,387 1 3/27/2015

    2903 GOLDEN SPUR RD ACTON 2,175 4 3 $506,371 4% 7/31/2015 $444,036 1 4/2/2015

    Report as of: 15 Apr 2015 08:53:26

    Stage Address City Sq Ft Beds Baths Est. Value Est. Equity % Sale Time Sale Date Est. Bid Position Date Recorded

    34862 VIA FAMERO DR ACTON 4,125 5 5 $445,203 -54% 12:00 PM 5/14/2015 $139,670 1 4/6/2015

    32815 MERRITT RD ACTON 2,628 3 3 $442,155 11% 11:00 AM 5/21/2015 $700,687 1 4/9/2015

     

    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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