Latest / Connor with Honor: AI, Real Estate and Real Life / The main reason you can bet that a unicorn property will sell for more than others which are not unicorn in nature - Santa Clarita Open Houses

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The main reason you can bet that a unicorn property will sell for more than others which are not unicorn in nature - Santa Clarita Open Houses · Connor with Honor: AI, Real Estate and Real Life

• 0:00
  SPEAKER_00: Good everybody.
• 0:00
  SPEAKER_00: We're going to do your Santa Clarita real estate update.
• 0:03
  SPEAKER_00: Today's the 25th of September, 2025.
• 0:06
  SPEAKER_00: We're going to talk about what's happening currently in the market, 719 total active listings on the market for sale.
• 0:12
  SPEAKER_00: That is down from a high of almost 850 this February, February 2025.
• 0:18
  SPEAKER_00: So that's very typical every year.
• 0:20
  SPEAKER_00: We see the March exciting springtime rush carry through this summer.
• 0:24
  SPEAKER_00: And then, of course, as we get into fall, school gets back into session.
• 0:27
  SPEAKER_00: And a lot of moves are dependent on kids and the positioning in schools.
• 0:31
  SPEAKER_00: A lot of people come out from LA, Orange County, San Fernando Valley to get into the top quality schools here that are public, but blue ribbon.
• 0:38
  SPEAKER_00: So your taxes are actually working more for you.
• 0:40
  SPEAKER_00: And that's kind of rare in California, as you know.
• 0:43
  SPEAKER_00: And then anyway, so they get into these local schools.
• 0:45
  SPEAKER_00: But once school gets back into session, things tend to slow down.
• 0:48
  SPEAKER_00: And that's where we're seeing it now.
• 0:50
  SPEAKER_00: A couple questions out there that I want to cover as far as what buyers are looking for and sellers.
• 0:55
  SPEAKER_00: Rising inventory, more choices, of course.
• 0:58
  SPEAKER_00: That is probably going to be a trend we're not going to see for a while.
• 1:01
  SPEAKER_00: Choices are going to be less.
• 1:02
  SPEAKER_00: Inventory is going to continue to decline as we get into the major holiday swing and then the rest of the season.
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  SPEAKER_00: Two ends of it.
• 1:09
  SPEAKER_00: Buyers are looking and asking questions.
• 1:11
  SPEAKER_00: So here's what buyers are looking for now.
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  SPEAKER_00: Are prices going to go down further?
• 1:15
  SPEAKER_00: Probably not.
• 1:16
  SPEAKER_00: The Fed's going to be meeting a couple more times.
• 1:18
  SPEAKER_00: It could be that the major Fed funds rate could come down just a little bit, depending on inflation, employment numbers, those other factors that might have very little impact on mortgage rates.
• 1:28
  SPEAKER_00: So things will probably stay quite static.
• 1:30
  SPEAKER_00: In addition, as far as inventory goes, unless something breaks loose on the interest rate end, sellers are pretty much holding having those golden handcuffs applied.
• 1:38
  SPEAKER_00: They're not going to be really putting a lot of properties on the market between now and the end of the year, of course, as a real estate agent.
• 1:44
  SPEAKER_00: Oh, please sell everything.
• 1:45
  SPEAKER_00: But again, that's real estate agent talk, very self-centered and self-fulfilling.
• 1:51
  SPEAKER_00: What's the right price right now as far as sellers are concerned?
• 1:54
  SPEAKER_00: That's super important.
• 1:55
  SPEAKER_00: We watch properties actually take a little bit longer to sell if they're mispriced.
• 1:59
  SPEAKER_00: It's just going to depend on what type of property you happen to have.
• 2:02
  SPEAKER_00: If you have a unicorn property, a property that has special attributes different than the other properties in your neighborhood or in your area, you're holding on to gold.
• 2:12
  SPEAKER_00: They definitely want to reach out to a professional and find out what they think about the value and make sure they talk about that aspect of it.
• 2:18
  SPEAKER_00: Having a focal kitchen is one thing, but actually having a property that might be single story amongst a lot of two-story homes maybe has a view where the other ones don't, maybe has an odd-shaped lot or a larger lot with maybe a grassy area and also a pool is definitely a separation point and would provide some kind of unicorn mystique and help you get that property sold for even more money than the standard market would allow.
• 2:41
  SPEAKER_00: All right, we'll see you tomorrow in the next one.
• 2:43
  SPEAKER_00: SantaClaritaOpenhouses.com.
• 2:46
  SPEAKER_00: You can tune in there.
• 2:47
  SPEAKER_00: I have a blog.
• 2:47
  SPEAKER_00: I put the daily video up like this one at that particular site.
• 2:51
  SPEAKER_00: And when you're ready, reach out to me.
• 2:52
  SPEAKER_00: I would love to help you.
• 2:54
  SPEAKER_00: We can jump on a Zoom call as well and talk about your real estate desires.
• 2:58
  SPEAKER_00: And I will help fulfill those.
• 2:59
  SPEAKER_00: Be well.
• 3:00
  SPEAKER_00: I'm Connor with Honor.
• 3:01
  SPEAKER_00: And until next time, I will be 10 A.