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Santa Clarita sellers with a camper are selling and waiting
Connor with Honor at SantaClaritaOpenHouses(com) - August 6, 2024** Tags: [homes for sale](/-/Blog/tag/homes for sale), [camper rentals](/-/Blog/tag/camper rentals), [rent my home](/-/Blog/tag/rent my home), [santa clarita](/-/Blog/tag/santa clarita), buyers ** 0 Comments | Add Comment
August 6th, 2024: Santa Clarita Real Estate Update
Good day, everyone! I’m Connor MacIvor, and today, August 6th, 2024, I’ll be bringing you the latest updates in the Santa Clarita real estate market.
Inventory Insights
Today, we’re diving into the current state of our housing inventory. We’re on the cusp of surpassing 500 units for sale, a milestone we haven’t seen in over two years. This increase in inventory is a notable event, given the tight market conditions we’ve experienced recently. However, while this sounds promising, it’s crucial to understand that this increase may not drastically change the overall market dynamics.
Despite the uptick in available homes, I don’t anticipate a significant influx of new listings that will alter the current days on market. Sellers who have been contemplating a move might be concerned about finding a new home to purchase simultaneously. The fear of not securing a new place while selling your current home is valid, especially when considering the need for a concurrent close.
Strategies for Sellers
If you’re a seller, it’s essential to have a solid plan in place. Here are some strategies to consider:
Understanding the current market conditions and preparing for various scenarios can help ensure a smoother selling process.
Market Trends
Over the past week, I’ve discussed the slow yet steady rise in inventory. This trend is something to watch closely, as it indicates a gradual shift in the market. Historically, an increase in inventory can lead to more balanced conditions between buyers and sellers, potentially slowing down the rapid price increases we’ve seen over the past couple of years.
However, a surplus of inventory that would significantly impact the market is unlikely at this stage. Buyers should remain diligent and act quickly when they find a suitable property, while sellers should stay informed about market trends and adjust their expectations accordingly.
Real Estate Tips for Buyers and Sellers
For those actively looking to sell, now is a good time to evaluate your options and consider the potential scenarios. Being prepared and having a flexible approach will be key to navigating the current real estate landscape. Here are some tips for both buyers and sellers:
For Sellers:
For Buyers:
The Importance of a Trusted Realtor
Navigating the real estate market can be complex and challenging, especially in a dynamic environment like we are experiencing now. Having a trusted realtor by your side can make a significant difference. As a seasoned professional with years of experience in the Santa Clarita market, I am committed to providing my clients with the highest level of service and expertise.
Whether you are buying or selling, I am here to guide you through every step of the process. My goal is to ensure you have all the information you need to make informed decisions and achieve the best possible outcomes.
Final Thoughts
Stay tuned for more updates as we continue to monitor the market closely. If you have any questions or need personalized advice, feel free to reach out. I’m here to help you make informed decisions in this ever-evolving market.
Thank you for tuning in, and have a fantastic day!
Connor with Honor - Your Trusted Real Estate Partner Integrity, Transparency, Results Protecting and serving your real estate needs
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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.
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