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    Real Estate Days on Market is increasing in the Santa Clarita Valley Cities

    With all of the real estate related news on-line, it is hard to stay on target.

    Representatives of LaFD real EstateThere is starting to be some BUZZ about interest rates and what would happen if they went to 4.75, from where they are at 3.75%.  That would reduce a pre qualification amount from 400k to 355k.

    That is what it would do.  Are we going there?  Not this week we aren’t.  However, I have seen the rising interest rates start to slow down the local real estate market.

    The competition, while still very high in the Santa Clarita Valley Real Estate world, is starting to see a bit of a break.

    Days on Market times are increasing:  259 Average Days on Market in Santa Clarita Valley Cities today and 229 back Mid April 2013.  With more inventory, you can see that the market is starting to experience a bit of a shift.

    If you want to view the Days on Market Data I just spoke about in graphical form check out our REMAX of Valencia Website DOM page.

    Just a reminder – we have a “Rant” page of things that really chap our hides and those of our clients.  You can tune into our latest Paris911 Rant by heading over to the Number one website for Santa Clarita real estate and by typing in the word “Rant” into the MacBoX at the top part of the screen.

    Don’t forget, while you are visiting our main Santa Clarita REMAX Real Estate website, to enter your email address in the “subscription” box.  It’s free and you will only get A Paris911 From REMAX update every two weeks.  Opt out at any time – thanks…

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