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    More properties selling at auction, in Santa Clarita Cities, than ever before

    Watching the Santa Clarita real estate inventory can be quite depressing from a Buyer’s standpoint.  However, for our current sellers, Local Agents in SCVthey are able to demand more $$$ than they have been able to in the preceding months.

    We would always hope that both factions would be able to get what they want at all times in any real estate market.  Sellers being able to get more money for their homes and Buyers being able to buy for the least amount possible.  Unfortunately, that is not realistic.

    In the coming months we are going to have more inventory being released.  There are several factors that attribute to this.  The GSE’s have talked about selling their foreclosure (reo) inventory at bulk sales more often. You can see examples of the Auction Market increasing in amount and frequency. The 5 year ARM’s(adjustable rate mortgages) are turning – requiring Equity to conduct a re-finance.  The banks have promised principal reductions, but they also promised loan modifications – both seem to be a “fail” at the present time.  We are also watching as the Debt forgiveness act is coming to an end, unless renewed.  That is sending Short Sale clients our way in Droves!!! – all of these items equate to more future real estate inventory.

    I just completed a quick video below that covers this and I used our Santa Clarita foreclosure radar resource which you can use by going to The Top Real Estate Website for Santa Clarita and punching in “Foreclosure Radar” into the MacBoX.

     

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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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