Santa Clarita real estate market updated
Real Estate topics covered
Some of the topics covered on our latest installment were:
- The Future of the Foreclosure Market
- Real Estate Data and You
- How to get homes at a 50% discount – employer specific
- What is going to be happening in 2014
- and more
Each of the topics we discuss is all “hot button” intel that are all requested by our real estate clientele.
PDF’s included for local intel
Our latest reports always contain the PDF’s for the city and regional market updates in and around the Santa Clarita valley cities.
How is the market this week?
The local Santa Clarita real estate markets are moving, but no where at a “Rapid” pace.
We have seen the local Santa Clarita valley cities having their Days on Market increased between this last week and this week.
We have also seen some of the local housing markets RE: Single Family Homes, on the rise with regard to Median Listing Price numbers.
This is indicative of a lacking inventory, which has been prevalent for the last several months. During the holiday season, we are seeing get worse, especially from a buyers perspective.
Buyers are facing the same issues they had when “investors” were having their hey day back in the summer months of 2013.
The Buyers are competing with one another, and when coupling that with lacking inventory, we see that listing prices are increasing, and buyers are becoming frustrated.
This market is not going to last forever. As we observed during the past few years, we had a low point in median listing prices, and that happened when we had a plethora of real estate inventory.
2014 Real Estate opinion
Most of the real estate sellers we are speaking with are holding off until 2014 to list their homes, condos and townhomes in the Santa Clarita Valley for sale.
That is going to do a lot to satisfy buyers that are currently in the market and those that have been holding off for the holidays, readying themselves to pounce come Januray 2014.
Be safe – search well and let the Paris911 Team at REMAX of Valencia CA know when you are ready for us to help you move.