Santa Clarita real estate news – October 5, 2016 – Wednesday

santa-clarita-real-estate-news-october-5-2016When it comes to real estate and the Santa Clarita real estate news, we have the information which a real estate buyer and real estate seller should be seeking.

Here is the number one reason a real estate seller needs this type of information. So they can deduce the type of market “outside” of their chosen real estate professionals opinion. ¬†They have to know where they are in the current Santa Clarita real estate cycle and the best ways in which to have their Realtor handle their specific real estate sale. While most agents are going to give you the true skinny related to the state of the real estate market, some won’t. Those “some” are what you should be watching out for. With our Santa Clarita real estate news updates, you will know the status of the market and when you are ready make sure I am on your “agents to be interviewed” list!

The number one reason a real estate buyer needs to know where the current Santa Clarita housing market is because they are about to approach buying a home. If the market is in flux or if there is some type of “impending” circumstance which may affect them buying a home now, they need to be educated. Another unfortunate issue is most in my industry, present company excluded of course :), will say it’s always the time to buy real estate. Due to there being other reasons besides “The position of the current real estate cycle” for buying real estate. I get that, but a real estate buyer needs to know the truth before interviewing real estate agent number one. Make sure we are on your “interview” list for Santa Clarita Agents, I’ll show you what you need to know.

Check out the Santa Clarita homes for sale within a particular school district and or Santa Clarita school boundary.

Today, October 5, 2016, as of 1229hrs, The Santa Clarita valley real estate inventory is at 640 active units for sale. The cities of Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch, Valencia, Acton and Agua Dulce were all reconned via the Southland Regional Association of Realtors – SRAR – Multiple Listing Service system.

272 real estate listings are currently in Backup status within Santa Clarita real estate. This means that these are homes that have accepted contracts and are in escrow. In most cases the escrow money deposit has been received by the escrow company the home seller chose, the buyers are starting their inspections or have completed them and all is good within the transaction. However, the properties are being kept in backup position in order to get additional viewings and sellers want additional offers on those properties just in case their real estate falls out of escrow.

As an example, 7 homes which were in escrow, during the past 24 hours fell out of escrow. This means these properties are back on the market for sale. If they had additional viewings and showings, they may have received additional offers. Those additional offers could have been utilized to get these homes back into escrow. However, that is if those real estate buyers are not already in escrow on something else.

Please check back often to our Santa Clarita real estate news dot com site. I post up as often as my schedule allows and I promise to take great care of you when you are ready.

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