The home seller’s market in Santa Clarita is alive and well

    Running the numbers this AM for our HousingRadio.com real estate radio show, I have calculated that the Santa Clarita Valley absorption rate is about 3.5 months to zero.

    Meaning that if no other real estate listings were placed onto the housing market for sale in any of the Santa Clarita Valley cities, we would hit 0 homes for sale in 3.5 months.

    FYI – a healthy market for real estate, one that is the best balanced is the market where we have 6 months of real estate inventory.

    That market, the balanced one, has not been seen by your’s truly since the last cycle of the housing market and downturn – back late 2006 and early 2007.

    Both Paris and I want our housing clients to be certain that we understand the local housing market. Making good decisions are very important when wanting to buy something that costs hundreds of thousands of dollars.

    During today’s Santa Clarita real estate update we spoke about it being a seller’s real estate market in the Santa Clarita Valley.

    That being said, I have seen that it’s very possible to still have the home seller’s repair and replace items that are brought forth by the home inspection report and requested by the home buyer.

    That is because time has passed. The home seller’s don’t want to “go at it” again after spending more than 17 days in escrow.

    They are concerned that the market will change or that they may run into issues with the next home buyer.

    I’m Connor MacIvor, thank you for checking our my Santa Clarita real estate housing market update for this week.

    I do this weekly – and have it posted in several places. I’m Connor and I’m glad to be of great service in real estate.

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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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