The Latest Santa Clarita housing market update is complete – Condos and town-homes

    Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Keeping track of the real estate marketsAction Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

    Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level.

    The Market Action Index is a good leading indicator for the durability of this trend.

    For the past few weeks, we have also seen a shift in the real estate market, or at least the beginnings of a shift from a sellers to a buyers real estate market.

    More inventory and investors pulling out of our local market are two of the main reasons why we are seeing this trend start to shift related to prices reducing and buyer confidence increasing.

    Be safe – search well and let the Paris911 Team at REMAX of Valencia know when you are ready to MOVE.

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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.

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