Is the local real estate market going to be something we should be concerned about?
We did our Friday Finale Broadcast and write up, referencing the current Phoenix Arizona real estate market.
A sign of things to come for the Santa Clarita Valley Cities?
Some Cities are showing signs of having more inventory than can sell at the current time.
We have also seen that Days on Market timeframes have been increasing.
However, with these changes, at a local level, they are not reducing the actual “sales prices” of real estate listings in the Condo, townhome or single family residential realms.
As far as our sellers are concerned in the Santa Clarita Valley Cities, we are good to go for now.
However, buyers are not offering the listing prices, for the most part. They are offering less, hoping that the current real estate sellers will meet them at least 1/2 way. Good to know for a real estate seller and or buyer today in the Santa Clarita Valley Cities.