The inventory is still low, it’s still a seller’s market, however the tide is turning and the playing field may be leveling out in the near future. The Santa Clarita real estate market has been heated over the last 24 months, just as it has across much of the country, but after a big run up in prices, an increase in interest rates, and now an increase in inventory coming our way… home buyers in Santa Clarita are starting to find more buying opportunities than they did just several months ago.
As we progress into 2014, and spring becomes summer, we should see a healthy increase of our housing inventory in Santa Clarita. This larger inventory will create more choices for home buyers, and will also slow down the rate of home value appreciation, and possibly increase the days it takes to sell a home for home sellers.
Check out my episode below at AskRobertSCVTV, where I discuss the above in a bit more details, and throw out some stats to support some of the latest Santa Clarita real estate market developments.
Need a real estate agent in Santa Clarita? ASK Robert! You can start by calling me @ 661-373-2374 or just find any form on this site… it’ll get to me!