The inventory of homes for sale in Santa Clarita is gradually increasing. We should see more and more for sale as we approach spring 2020. But will that help homebuyers? Truth is, there won’t be enough homes for sale, for everyone. That fact, along with low mortgage interest rates, will keep the Santa Clarita housing market trending upward in home values, more notably at the entry level budget range.

If we look to the national housing market, December 2019 was THE LOWEST housing inventory since tracking started for that two decades ago. Wow! Buyers are starving for more inventory in most corners of the states.

Also, more homes are selling (10% more in DEC 19 vs DEC 18 nationally), despite inventory being at a historical low. You can thank low interest rates for that. Buyers worried they’ll miss their opportunity due to loss of purchasing power as prices increase, are hopping aboard the homeownership train. Choo-choo!

Are you interested in buying a Santa Clarita home? Have you identified an area to buy in but you haven’t yet figured out where to start with the whole home buying process? Be sure to reach out to me to plan your home purchase. It’s never too early to start.

Sometimes I hear from clients that they’re stuck in a lease. If that’s you, we need to start talking now. You can never be too prepared. If anything, it will enable you to possibly save more when you know the costs involved with buying, and or propel you to increase your credit score for your potential home loan.

Call Robert if you’re shopping for a home purchase in Santa Clarita, or anywhere in North Los Angeles County.

Direct 661-373-2374

CA dre# 01313126