Summit real estate news update episode 2018-12

    Visit our Summit Real Estate News page for all resources for the Valencia Summit.

    This week we have been watching as the Valencia Summit has very little for sale. This has been the recent trend for the past several weeks.

    Search all real estate in the summit of valenciaAs we enter the springtime, we should see an uptick in real estate listings and homes for sale in the Summit of Valencia.

    Some of the current residential real estate issues we have seen with the current state of the market are the following:

    • Will there be a home for the Valencia Summit seller to buy?
    • Will the sellers be able to find a buyer willing to do a rent back?
    • Are there going to be appraisal issues with the “higher than the last sold” listing price?

    In the Valencia Summit, the appraisers know the area as to be one that is “established”. During the last real estate reset – the foreclosure market stemming from the falling of the big subprime lender, 2006/2007, the Valencia Summit did well with holding value.

    I liken the Valencia Summit to a housing community in Los Angeles off of Manchester Ave – just West of the 405 freeway. That area had no properties go into short sale or foreclosure.

    No properties moved in the past several years preceding the last foreclosure event. Homeowners bought most of those homes with large down payments and weren’t put into a position to have to default.

    The Valencia Summit seemed to me to be in the same position. While properties prices did not fair as well as the area I mentioned. The property prices did not dip as low as some of the other areas in Valencia or other Santa Clarita Valley cities.

    Welcome to our Valencia Summit Updates and real estate news. We will give a weekly update for the Valencia Summit specifically. I will also do a YouTube video and update in conjunction with the Valencia Summit news update.

    I’m Connor MacIvor with REMAX and I want to be your Valencia Summit Realtor. Let me know when you are ready for my assistance with your real estate needs and please tell a friend.

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    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.

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