The real estate market in the Santa Clarita Cities have been quite a stir as of late.
With the real estate listings having their prices reduced from list at the rate of 70+ listings just this week, it seems that the investor pull back has had a greater impact than expected.
A couple of months ago most of the “owner occupant” real estate buyers were very depressed and saddened by having to write multiple offers with VA and FHA financing, only to be let down each time.
That is because they were in competition with those that were able to buy all cash. Those that did not care what properties appraised for and those that had suitcases full of money.
That has changed quite a bit today. The only properties that we see in the “flip” category on the below market reports, are those just finishing up from being in extended escrow periods.
Please – when you have a chance – check out the new YouTube video we placed on our home page of Paris911 dot com.
I think you will be yet again enlightened as far as real estate in the Santa Clarita Valley is concerned. 🙂
If you are a property owner that has no desire to sell a home, condo or town-home that you own, don’t fret.
We are not all about ourselves. We have a market snapshot that is property specific, it will keep you up to speed in your neighborhood as far as many of the real estate dynamics.