With the current market updates for cities below, we are really happy to present Prices are Increasing. However, probably not for too long. It will depend on the inventory and the future releases of foreclosures and the bank owned properties.
If you wish to see how much prices are increasing in Graph form, you can visit anyone of our Price Pages for the each of the cities type in the city name followed by the word prices. Examples are: Newhall Prices – Valencia Prices – Stevenson Ranch Prices – Castaic Prices – Canyon Country prices – Saugus Prices and Santa Clarita Prices. All Portals have been posted on our General Real estate prices page!
We have been watching as they have been talking about the shadow inventory and the “future releases” of foreclosure inventory. Just an FYI, this has been the rumor all along during this current market and for the past 3 years. I’m not holding my breath, neither should you 🙂
We have also concluded a quick Santa Clarita Market update video for this week in Santa Clarita Valley. Besides talking about the newest inventory, we also embedded some resources into the playing screen in our personal video player.