Santa Clarita Short Sales out number current Foreclosures by almost 2 to 1

    First – before I get into our Daily Santa Clarita Foreclosure Alert update, where I display all of the most recent scheduled Auctions, the Notice of Default filings(new), and the Bank owned real estate that is not currently on sale – I will run through the current “distressed” inventory for the Santa Clarita Valley Cities.Foreclosure Tours by Santa Clarita REMAX

    We did a basic search for the “active listings” this morning, before the sun came up.  At the present time we are at 0538am.  Active listings, are recognized “active” because they are “fully” available.

    They are 100 percent able to have offers written, to be considered by their sellers.  For this research I ran through the following Santa Clarita Cities:

    • Castaic
    • Canyon Country
    • Newhall
    • Santa Clarita
    • Saugus
    • Stevenson Ranch
    • Valencia

    I then did my pull of inventory directly from the Santa Clarita Board of Realtors – Multiple Listing Service.  When I did I was reminded that the Short Sale listings, in the Santa Clarita Valley, are still the majority of our For Sale market’s “distressed type” of active listings.

    A Side Note – when you go to search other than Local Santa Clarita real estate websites(like the syndication websites) – you are going to see many more listings that appear as if they are for sale.  However, they are not.  There is no “extra database” or “secret search” with listings that are only available from certain websites.  The actual listings are all contained within the Local Board of Realtors that governs the local city, municipality, or geographical area.

    Searching on the local websites that pull their data from the actual Multiple Listing service is the only way the “real estate interested” can guarantee they are seeing homes that are really for sale.

    Here are the current numbers as they relate to the following categories within the current real estate listings.  Please pay strict attention to the Bank Owned real estate versus the Short Sale inventory.

    • Standard real estate listings in SCV:  171
    • In Foreclosure Listings, not necessarily short sales:  2*
    • Notice of Default, different category – short sale:  5*
    • Real Estate Owned:  18
    • Short Pay’s Subject to lender approval:  33
    • 1 probate listing
    • 1 auction
    • HUD owned:  0

    *Because some agents choose one of the three categories that can be considered as a property is in Short Sale, but not necessarily in Default with their lender, the actual numbers of currently active short sales that are on the Santa Clarita real estate market will be considered as 40.

    40 real estate listings that are Short Sales – Versus 18 bank owned real estate listings?  Amazing – when you view the Standard Sales – those have experienced a HUGE jump lately.  With those real estate buyers that had purchased back in 2008-2009 being in an equity position today, they are getting the intel and selling to move up the real estate ladder.

    Be safe – please get good advice and let The Paris911 Team know when you need our help.

    Foreclosure Alerts in the Santa Clarita Valley:

    Your New Foreclosures alert, All Santa Clarita Cities – NOD filings – Updated, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Preforeclosure 23773810 27046 FURNIVALL AVE SANTA CLARITA 91351 CA SFR 1120 2 1.00 05/17/2013 $196,406.00 $233,253.00

    Preforeclosure 168471 27708 MAHOGANY ROW SANTA CLARITA 91351 CA CND 2182 4 3.00 05/16/2013 $324,708.00 $389,178.00

    Preforeclosure 505239791 23953 ARROYO PARK DR 153 SANTA CLARITA 91355 CA CND 836 1 1.00 05/17/2013 $257,288.00 $263,549.00

    Your New Foreclosures alert, Paris911’s Sold to Third Alert for Santa Clarita Valley CA, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Sold to 3rd 520534769 25416 PYRAMID PEAK DR SANTA CLARITA 91350 CA CND 1790 4 3.00 01/23/2013 $271,770.00 $240,100.00

     

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

    One Response to “Santa Clarita Short Sales out number current Foreclosures by almost 2 to 1”

    • Paris911 Santa Clarita Daily show – Agents getting scammed

      Written on

      […] Real Estate intel – The local Santa Clarita Valley is still plugging along in it’s inventory.  15 new listings had been added to the “for sale” market in the last 24 hours.  We did some research with how our local market is fairing between the Foreclosures and the Short Sales.  Would you believe we have a 2 to 1 radio in the Santa Clarita Valley Cities when it comes to Foreclosures and Short Sales?  Click here to see which one is more prevalent at more than a 2 to 1 radio. […]

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