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    The Santa Clarita real estate housing market update part 1

    Contact the Top Team to see how much you need to saveSanta Clarita housing market updates have been completed and you can see the original PDF files that we have used to keep our systems updates, as well as our real estate clients.

    01202014 All SCV Cities housing reports

    Looking to the Condo and Town-home worlds in the SCV cities – here is the most recent data and dissertation related to that data.

    Canyon Country CA condos and town-homes:

    This week we see a flat trend with regard to Canyon Country prices leveling off at $232,000.00.

    We also see that the local market has been cooling over time and that the prices have recently flattened. Despite the consistent decrease in Market Action Index (the MAI), we are still in a sellers real estate market.

    Canyon Country CA single family residences:

    This week we see that the median listing prices are down in Canyon Country CA – lowering to $429,700.00.

    The Canyon Country real estate market has been cooling off a bit in recent weeks, as more homes are available and demand is less that we have been experiencing. We are already seeing prices move lower as a result. Expect this trend to continue especially if the index calls into the Buyers Zone. Watch for persistent up-turn in Market Action to signal prices rising again.

    Castaic CA Single Family Homes:

    This week in Castaic CA real estate, we have a rise in median listing prices, this week over last week, rising to $519,450.00.

    Market conditions in Castaic CA have been consistently cooling in the past several weeks. Because we are still in the sellers zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the buyers zone.

    Newhall CA Condos and Town-homes:

    The median listing price in Newhall CA real estate for the condos and town homes has flattened out at $235,000.00

    The Newhall CA condo and town home market has been cooling over time and prices have recently flattened out as a result. Despite the consistent decrease in the Market Action Index, we are in a sellers market. Meaning, significant demand is leaving little inventory available. If the Market Action index begins to climb, then prices will follow. If the market action index drops consistently, we will see prices reflect more of a downward price trend.

    Click here to be taken to Part 2 of our Santa Clarita real estate housing market reports!

     

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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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