The Local Santa Clarita housing News and Data

    We have been on the rise in housing prices. We have seen a 20% increase in the last year alone.

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    However, most, in the current real estate market, are in a quandary as to why the inventory is building and why housing prices are continuing to rise.

    We have also seen an increase in the Days on Market. With the Supply Building and taking longer to sell homes… Even typing it does not make any sense.

    Here is how it’s supposed to work, More Supply should equate to longer days on market and reduced real estate prices.

    However, we have a dynamic at play that is keeping the real estate housing prices steady – that is a lot of real estate buyers wanting to buy real estate.

    The tide is turning, slowly, but it’s turning. We are watching as the market starts to shift from a Sellers driven real estate market to a buyers real estate market.

    As the Days on Market continue to increase, as does inventory, we will start seeing the housing prices start to level off more than they are currently, then start to reduce – not much, if at all.

    It is at that time when inventory will be higher than it has in a long time within the Santa Clarita Valley Cities and when buyers will be able to call their shot more effectively than in a long time.

    If you own a Santa Clarita or Greater Los Angeles Home – Make sure you are getting the right intel on how much your home is actually worth.

    Here is our BEST Residential Values Resource.

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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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