Mondays real estate market recap is showing stability

    Looking to the Altos Research reports that Paris, myself, our team and our clients utilize to keep tabs on the current real estate markets in the Santa Clarita Valley we see two trends emerging. Paris911.com/Reports

    Selling Santa Clarita real lestate

    We see the first as it relates to sales prices versus listing prices. This trend started to develop early February 2014. The listing prices are, in a majority of the real estate being sold in the Santa Clarita Valley cities, higher than the prices the homes, condos and town-homes sold for. Paris911.com/sold

    The other prevalent trend that we see is an increase in Days on Market. It's hard to find whom to point this emerging trend towards. It could buyer reluctance to buy when prices have increased dramatically over the past 24 months, considering a downturn in real estate prices having to become fact. Paris911.com/DOM

    It would also have to do with the “bigger” ecomony and the cost of having “not so free” healthcare presented in these United States. I don't know about yours, but our health insurance went up $500.00 a month, enough to choke a medium sized cow for sure.

    When you look at the local inventory, buyer desire and the ways in which real estate listings are still being viewed at a rapid rate in the SCV, you have the makings of “fence sitter buyers”. They are waiting, for what we are not sure, but the Days on Market timeframes increasing is a good indicator of buyers waitinig for the “right moment” before pressing the trigger on a home purchase.

    We will see the ending of spring with a kick off of new -resale- inventory in the Santa Clarita Valley Cities. It could be that is the time that the real estate buyers are waiting for. It could also be we are in transition from a Sellers to a Buyers real estate market. However, in order for that to come to fruition, fully, we are going to need twice as much real estate inventory than we have today. 109 active real estate listings, single family houses, on the market on the date I am writing this, in Valencia CA. Paris911.com/Valencia

    Not much, for sure. Be safe – thanks for checking out our latest entry in our REMAX of Valencia CA relocation Blog. If you want to tune into our daily broadcast on our Santa Clarita Real Estate radio show, please head to our main website, Paris911.com and you will see the play button in living color. Paris911.com//radio

    Enjoy our systems, please let us know when you are ready to relocate to and or from the Santa Clarita alley cities, and we will be there for you as we have for so many other of our real estate clientele. Paris911.com/contact

     

    Trackback from your site.

    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.

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)