You can see from the photo of the actual Multiple Listing service, that The Paris911 Team at REMAX has set up, that the price reductions outweigh the price increases by a long shot.
You can view all of the real estate listings that have had price reductions in the Santa Clarita Valley cities.
There is a couple of reasons this is occurring.
1. It could be that sellers are still adjusting to the “investor rich” real estate market of the recent past.
2. It could be that the realtors taking the listings, are competing with other realtors and upping the prices they are selling to the real estate sellers.
Thanks to Point2 for having me on their Webinar this AM. I was happy to have a chance to share the “how and methods” of our real estate team HQ’d in the Santa Clarita Valley Cities.