Canyon Country real estate update are interest rates going up and would you buy
Skip to main contentSkip to main navigation menuAccessibility MenuEmail Me(661) 888-4983**(661)888-4983
**Facebook**Twitter**Instagram**YouTube
Canyon Country real estate update are interest rates going up and would you buy
Connor “with Honor” MacIvor - November 22, 2024** Tags: [Canyon Country Real Estate](/-/Blog/tag/Canyon Country Real Estate), [Santa Clarita Homes](/-/Blog/tag/Santa Clarita Homes), [Santa Clarita Real Estate](/-/Blog/tag/Santa Clarita Real Estate), [Canyon Country Homes for Sale](/-/Blog/tag/Canyon Country Homes for Sale), [Real Estate Market Update](/-/Blog/tag/Real Estate Market Update), [Canyon Country Realtors](/-/Blog/tag/Canyon Country Realtors), [Santa Clarita Real Estate Agents](/-/Blog/tag/Santa Clarita Real Estate Agents), [First Responder Realtor](/-/Blog/tag/First Responder Realtor), [Connor with Honor](/-/Blog/tag/Connor with Honor), [Santa Clarita](/-/Blog/tag/Santa Clarita) ** 0 Comments | Add Comment
Canyon Country Real Estate Update: Are Interest Rates Going Up and Would You Buy?
November 22, 2024 – Day 327 of the Year – Week 47
Welcome to the Canyon Country Real Estate Update! Today, we’re diving deep into the real estate market trends in Canyon Country, California, exploring the impact of interest rates, seller motivation, and key questions every buyer and seller should consider. Whether you’re actively in the market or just curious, this comprehensive overview is for you.
Market Snapshot: What Happened in the Last 7 Days?
Canyon Country is buzzing with activity! Over the past week, the market showed its dynamic nature with numbers that indicate consistent buyer and seller engagement:
Is Now a Good Time to Buy or Sell in Canyon Country?
For Sellers:
If you’re thinking about selling, you might wonder, “Is now the right time?” Here’s what the data and trends suggest:
For Buyers:
Buyers face a unique landscape with opportunities and challenges:
Key Questions to Ask Yourself (and Others):
For Sellers:
For Buyers:
Share your thoughts in the comments or reach out to discuss your specific situation.
Interest Rates and Their Impact on Canyon Country Real Estate
The current mortgage rate for a 30-year fixed loan is hovering around 7.5%. While this is higher than the historic lows we saw a few years ago, it’s essential to put things into perspective:
The Fed’s Role:
While many expected rates to decrease following recent Federal Reserve meetings, this hasn’t materialized. The mortgage rate is influenced more by the 10-year bond market than the Fed’s adjustments. Understanding this dynamic is crucial when planning your next move.
The Dual Agency Debate: Is It Right for You?
In California, dual agency—where one agent represents both the buyer and seller in a transaction—is legal. However, it’s banned in several U.S. states and Canada due to the potential conflicts of interest it creates.
What to Consider:
So, would you prefer one agent for both sides or separate agents? Let us know what you think!
Tips for Buyers in Canyon Country
Tips for Sellers in Canyon Country
The Connor with Honor Perspective
As a First Responder Realtor, I’ve spent decades serving the community with integrity and dedication. Whether you’re navigating the complexities of buying or selling, my mission is to provide honest, expert guidance tailored to your needs.
Questions to Ponder:
Final Thoughts and Call to Action
The Canyon Country real estate market is active and full of opportunities for buyers and sellers alike. Whether you’re ready to make a move or just exploring your options, it’s essential to stay informed and work with an experienced professional.
Visit SantaClaritaOpenHouses.com for the latest listings and market insights. Have questions? Call me at 661-400-1720, or simply search “Connor with Honor” to find all my resources.
Let’s make your real estate dreams a reality. I’ll see you tomorrow for the Castaic real estate update. Until then, stay informed, stay engaged, and let’s keep the conversation going.
** Share This Post## Comments
Already have an account? Yes NoLog In and Post CommentProtected by reCAPTCHA. Privacy • Terms
Explore
Connect
**Facebook**Twitter**Instagram**YouTube
🤝
Full Transparency
Yes, I earn referral fees when you work with agents I recommend. But unlike national platforms like Zillow or Realtor.com, I personally know and vet every single agent in my network of 17 trusted professionals.
My recommendations are based on YOUR specific needs and the complexity of your situation—not who pays the highest referral fee. I live in Santa Clarita Valley, and my reputation in this community depends on your success. Local accountability matters.
Ready to sell with a deliberate strategy?
Get seller-focused guidance built around your timeline, equity goals, and negotiation leverage.