May 1, 2017 in Santa Clarita real estate – Sellers Market

    Santa Clarita real estate newsGood morning, evening or afternoon. Maybe you are reading this on the go – if that is the case, be careful and look up occasionally and don’t do it while driving 🙂

    I’m on the phone with one of our motor cop clients – we are selling his home. A True BCMC – Big City Motor Cop. I told him that we received an offer on his home and he replied, “Great – hold on for a sec…” – “Good afternoon sir, I’m ___________________ with the Los Angeles Police Department. The reason I stopped you today is you are not supposed to be holding your cellular phone and speaking on it while driving. I need to see your license, registration and insurance…”

    There was some other banter – the fella wanted to understand more of what makes what he did not inline with vehicle code and my LAPD Brother from another mother explained further.

    When my brother got back to his bike, he started speaking again and we tied up some of the loose ends which were presented on the offer from the agent representing the home buyer.

    I remember those days and while I was on the job, bluetooth technology and integration into a motorcycle helmet was starting to bloom. )Bada book bada bloom 🙂

    You could talk on the phone hands free with the integration from your motorcycle helmet – we had this on our police helmets and it was awesome. Today’s technology must be even better. He sounded like he right next to me.

    Point being, I was a LAPD cop, but would have never been as good as I could be while being a full time police officer. It was only because my partner in real estate within our Santa Clarita real estate business was full time! – Enter stage left – Paris MacIvor.

    Reverse the rolls – I was a full time motorcop with the lapd trying to sell real estate part time. What happens when someone calls while I’m on Duty? By the Book – I should not answer the phone, return emails or text messages while on the department’s dime. Heck – the taxpayers would probably have had issue with me making money in real estate while being supported by those same taxpayers.

    So, there you go and know why I quit the LAPD after 17 years in 2007. I did stay as a full line reserve officer with the LAPD – That entailed me only having to work 16 hours a deployment period, which did not interfere with my real estate business. in 2013 – I received an honorary retirement from the LAPD – thank you for the years!

    My ALIVE DAY with the LAPD

    Santa Clarita Market Dynamics – May 1, 2017

    days-on-market-and-price-santa-clarita-news-real-estate

    Month Days to Sell, Median List Price, Median
    Jan 2015 56 $435,000
    Feb 2015 50 $435,000
    Mar 2015 49 $440,000
    Apr 2015 43 $465,000
    May 2015 43 $449,000
    Jun 2015 45 $445,000
    Jul 2015 43 $455,000
    Aug 2015 47 $449,000
    Sep 2015 46 $449,000
    Oct 2015 46 $462,425
    Nov 2015 59 $439,000
    Dec 2015 55 $429,900
    Jan 2016 57 $429,900
    Feb 2016 55 $450,000
    Mar 2016 47 $489,900
    Apr 2016 42 $465,403
    May 2016 48 $490,000
    Jun 2016 44 $496,750
    Jul 2016 41 $470,000
    Aug 2016 48 $484,950
    Sep 2016 46 $489,999
    Oct 2016 38 $485,000
    Nov 2016 33 $467,900
    Dec 2016 42 $449,900
    Jan 2017 42 $495,000
    Feb 2017 37 $455,000
    Mar 2017 35 $499,999
    Apr 2017 21 $529,000

    As you can see by the split – shorter days on market with higher prices – steady increases in both areas within the Santa Clarita real estate market equates to a home seller’s market.

    What is your Santa Clarita home worth now?

    santa-clarita-months-of-inventory-in-real-estate

    Months of Inventory
    Month 2015 2016 2017
    Jan 5 4 4
    Feb 5 4 3
    Mar 3 3 2
    Apr 3 3 3
    May 3 3
    Jun 3 3
    Jul 3 3
    Aug 3 3
    Sep 3 3
    Oct 3 3
    Nov 4 3
    Dec 3 3

    Regarding the current Santa Clarita inventory, we see a slight uptick from March 2017 to closing figures as we closed out April 2017 in the Santa Clarita Valley. However, this has not caused much change yet because the inventory added to the Santa Clarita market is being scooped up by home buyers who have been wanting to buy for a long time.

    These buyers are actively hunting for real estate, as are their agents, however SCV real estate inventory has been so lacking, they have not found anything they want to buy or have lost out because they were outperformed by other home buyers.

    Read Making your Offer the best it can be

    Reach out to me when ready to hire Santa Clarita’s Best Realtor, my kids would agree – at least most of the time 🙂 – Be safe – any questions call me and I’ll get you the answer asap!

    Thanks for taking the time to read our latest Santa Clarita real estate news article. I’ll leave the light on for you.

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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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