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The local Santa Clarita real estate markets are undergoing a shift from a sellers real estate market into a buyers real estate market. We have seen flatlining real estate within each of the cities that constitutes the Santa Clarita Valley. We have also been watching the numbers, in certain communities continuing to rise. The supply and demand scenario is still at play within the local markets. Hiring the local real estate experts in the communities you are interested in is still the key to getting what you want when it comes to buying and selling real estate. We are with REMAX's Paris911 team at REMAX of Santa Clarita and are happy to serve you. Be safe and thanks for checking our presentation about the local Santa Clarita real estate markets. Links you may find useful: Main Real Estate website: http://paris911.com Google Plus Page of The Paris911 Team: https://plus.google.com/+Paris911/posts Property Monitoring Resource: http://SCVintel.com p.s. Thanks for watching, liking and comments are greatly appreciated.
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SANTA CLARITA HOME PRICESTOTAL UPDATE FOR THE SANTA CLARITA VALLEY CITIES
NOVEMBER 18, 2013
CANYON COUNTRY REAL ESTATE
• The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.
CASTAIC CALIFORNIA REAL ESTATE
• The Market Action index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.
NEWHALL CALIFORNIA REAL ESTATE
• Market conditions have been consistently cooling in the past several weeks. Because we're still in the Seller's 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 Buyer's zone.
SAUGUS CA REAL ESTATE
• There is not a lot to report for Saugus CA. In fact, the homes and condos that have moved during this reporting period are minimal to say the least.
STEVENSON RANCH REAL ESTATE
• The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we're in a Seller's Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.
VALENCIA CA REAL ESTATE
• Market conditions have been consistently cooling in the past several weeks. Because we're still in the Seller's 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 Buyer's zone.
SANTA CLARITA REAL ESTATE RECAP
• Local markets are flattening out.
• The same experiences are with condo/townhomes and single family residences in all of the Santa Clarita Valley Cities.
• Interest rates are holding steady and we are hopeful that those rates will reduce first quarter of 2014.
REAL ESTATE RESOURCES FOR PRICING
• MacBox is the real estate go to and is located at www.Paris911.com
• Type in the word: prices into the MacBoX at Paris911.com
• Type the word: inventory into the MacBoX at Paris911.com
• Resources are located on each page.
TRUST A LOCAL RE/MAX TEAM – BY NAME: THE PARIS911TEAM
• REMAX of Santa Clarita Realtors
• 25101 The Old Road
• Santa Clarita CA, 91381
• 661-400-1720
• CA BRE# 1235287
• Online at www.Paris911.com
