PM edition of the Santa Clarita Real Estate Update
0 comments • Paris and Connor MacIvor - Realtors Santa Clarita California Real Estate • December 14 2009 09:19PMDaily Numbers for the Santa Clarita Valley 08-25-2009
Where are we now. With 17 new listings on the market for sale in the Santa Clarita Valley, three of which were REO's and 7 were in short sale configuration.
The rest of those homes that were listed were Regular Sales. Which is difficult in this depressed Real Estate Market. But a good indication that homeowners have been in their homes for quite some time or put a huge amount of money as a down payment.
Active listings in the Santa Clarita Valley totaled 635. This includes the cities of Acton, Agua Dulce, Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch and Valencia.
The average Days on Market toppled 107 - this is an indication of the short sales that are on the market for sale and the fact that they take so long to close. But Closing is the hard part - getting the banks on board and the different loans, the second and possibly third loans to agree - that is super tricky (industry term).
From Active to Pending Status (back up still shows active on most inquires) 14 properties went into escrow as Pending.
Total properties that are in escrow in the cities that compose the Santa Clarita Valley are 1052.
Where are we - we are waiting for more REO's Foreclosures Bank Owned etc.. to be released by the banks. It would be about the time that the 90 day hold has expired from the California state Governor. Therefore, after those REO files start to move from the Loss Mitigation departments back to the asset managers for assignment - we should start getting fresh Listings for our Buyers.
We are the Paris911 Team and we would love to interview to be your agents. Call us today for an appointment so you can meet our team and see how we operate and why that is your best advantage when it comes to buying and selling Real Estate.
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0 comments • Paris and Connor MacIvor - Realtors Santa Clarita California Real Estate • August 26 2009 10:57AMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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