How is the Santa Clarita market doing for the week of May 21, 2012

    We have just completed our latest update for the Cities that compose the Santa Clarita Valley.  We have posted all of the PDF’s for each of the individual Temporary real estate increasescities that are present in our “Field of Expertise”.

    By clicking on the individual reports below, you will gain easy access to the BEST Santa Clarita real estate market data.

    Valencia CA 91355 real estate activity for the week of May 21, 2012

    In this zip code this week saw relatively little price change from
    last week. However, we continue to demonstrate a nice up trend
    in general over the last several weeks.

    Home sales have been exceeding new inventory for several weeks.
    While still a Buyer’s market, prices seem to have responded by
    moving upward. If the demand trends continue, expect prices to
    keep marching upward, especially once we see a Seller’s Market.
    Inventory has been lightening lately and the Market Action Index
    has been trending up. Though days-on-market is increasing, these
    are mildly positive indications for the market.

    Stevenson Ranch real estate activity for the week of May 21, 2012

    Again this week in this zip code we see a downward notch for
    prices. Pricing has been weak in recent weeks and versus their
    absolute-high level. At this point, we will be looking for a
    persistent upward shift in the Market Action Index as a leading
    indicator for a trough in prices.

    The market has been consistently cool for several weeks. Demand
    level are low relative to the available inventory. It’s a Buyer’s
    market and prices continue to fall. Look for a persistent shift in
    Market Action before prices plateau or begin to rise again.
    Inventory is up and Market Action is trending down recently. While
    days-on-market appears to be trending lower, the overall
    conditions are weakening a bit.

    Saugus real estate activity for the week of May 21, 2012

    We continue to see prices in this zip code hovering around these
    current levels, even though they bumped up a bit this week.
    Look for a persistent up-shift in the Market Action Index before
    we see prices move significantly from here.

    Home sales have been exceeding new inventory for several weeks.
    Since this is a Buyer’s market prices are not yet moving higher as
    excess inventory is consumed. However, as the supply and demand
    trends continue, the market moves into the Seller’s zone, and we are
    likely to see upward pressure on pricing.

    Inventory is tightening and days-on-market is falling. The Market
    Action Index shows demand heating up. These are relatively bullish
    signs for prices.

    Newhall real estate activity for the week of May 21, 2012

    We continue to see prices in this zip code hovering around these
    current levels, even though they bumped up a bit this week.
    Look for a persistent up-shift in the Market Action Index before
    we see prices move significantly from here.

    Home sales have been exceeding new inventory for several weeks.
    Since this is a Buyer’s market prices are not yet moving higher as
    excess inventory is consumed. However, as the supply and demand
    trends continue, the market moves into the Seller’s zone, and we are
    likely to see upward pressure on pricing.

    Inventory is tightening and days-on-market is falling. The Market
    Action Index shows demand heating up. These are relatively bullish
    signs for prices.

    Castaic real estate activity for the week of May 21, 2012

    We continue to see prices in this zip code bouncing around this
    plateau. Look for a persistent up-shift in the Market Action Index
    before we see prices move from these levels.

    The Market Action Index has been trending lower for several weeks
    while prices have remained relatively stable. If inventory continues
    to grow relative to demand however, it is likely that we will see
    downward pressure on pricing.

    Inventory has been decreasing lately but the Market Action Index is
    falling also. With days-on-market climbing, these are relatively
    negative implications for the market.

    Canyon Country real estate activity for the week of May 21, 2012

    The market for this zip code continues its bounce again this
    week. We’re a long way from the market’s high point so watch
    the Market Action Index to predict how long this trend will last.

    Inventory levels have been relatively consistent relative to sales.
    Despite the fact that there is a relatively high amount of available
    inventory, this Buyer’s market is still seeing prices move higher.
    Given inventory levels, these price conditions are relatively fragile.

    If the market cools off further, the price trend is likely to reverse.
    Inventory has been tightening and days-on-market increasing
    recently. The Market Action Index has been basically flat, not
    providing strong indication for market conditions.

    Acton real estate activity for the week of May 21, 2012

    We continue to see prices in this zip code hovering around these
    current levels, even though they bumped up a bit this week.
    Look for a persistent up-shift in the Market Action Index before
    we see prices move significantly from here.

    The Market Action Index has been trending lower for several weeks
    while prices have remained relatively stable. If inventory continues
    to grow relative to demand however, it is likely that we will see
    downward pressure on pricing.

    The Market Action Index has been trending down recently, but as
    days-on-market decreases also, there are not strong signals for the
    direction of the market.

    Valencia CA 91355 real estate activity for the week of May 21, 2012

    In this zip code this week saw relatively little price change from
    last week. However, we continue to demonstrate a nice up trend
    in general over the last several weeks.

    Home sales have been exceeding new inventory for several weeks.
    While still a Buyer’s market, prices seem to have responded by
    moving upward. If the demand trends continue, expect prices to
    keep marching upward, especially once we see a Seller’s Market.

    Inventory has been lightening lately and the Market Action Index
    has been trending up. Though days-on-market is increasing, these
    are mildly positive indications for the market.

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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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