The Santa Clarita real estate market updates – finito!
The nice thing about real estate data reference to any of the local real estate markets, is that they point to changing trends.
The market could be stabilizing, going up or coming down.
However, sometimes, the indicators are not as clear as we’d like. As is the case in the present Santa Clarita real estate markets.
Some of the “bigger changes” to the Santa Clarita real estate come to us in the way of Days on Market time frame increases. It’s taking longer for real estate listings to sell. This applies to all price ranges and within all cities.
However, this is potentially the “before spring” slow down that we get starting each year with the “Before the Holidays”, buyer mud bog.
Watching the price decreases in the local real estate markets are having their impact on the “buyer outlook” as they approach the listings.
Some buyer agents are advising their clients not to write on the “overpriced listing”. This is bad advice. Case and point, we wrote an offer two days ago with a couple we are working with for $60,000 less than the listing price on an over priced listing.
The listing is about $25,000 priced too high – they countered our offer 1/2 way, which is typical and which I had foreseen.
Our buyers decided to accept the sellers counter and we opened escrow. Sometimes, you need someone in your corner willing to think outside of the box and go with your desires, as long as that does not put you in harms way.
The Paris911 Team at REMAX of Santa Clarita, hired as your advisors, are honored to play a part in the largest investment/purchase of your lives.
Be safe – search well and have a read of our most recent real estate market update, by clicking on the link at the beginning of this article.