Latest / Connor with Honor: AI, Real Estate and Real Life / 59 homes with price adjustments in the downward trend in the Santa Clarita Valley

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59 homes with price adjustments in the downward trend in the Santa Clarita Valley · Connor with Honor: AI, Real Estate and Real Life

• 0:00
  SPEAKER_00: Welcome to the 10th of February.
• 0:02
  SPEAKER_00: Good day, everybody.
• 0:03
  SPEAKER_00: 2025.
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  SPEAKER_00: I wanted to give you some real estate information that has occurred here in the last seven days in the Santa Crita Valley.
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  SPEAKER_00: Then we're going to go over to Santa Clara open houses.
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  SPEAKER_00: But right now we have 11 coming soon listings.
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  SPEAKER_00: 65 listings are brand new on the market these past seven days.
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  SPEAKER_00: 59 properties have had their prices changed.
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  SPEAKER_00: 21 properties have gone back on the market.
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  SPEAKER_00: We do have 28 properties active under contract, 34 pending, 42 closed, three have expired, 12 have canceled, 10 have been put on hold, four have withdrawn, 530 total active real estate listings on the market in the Santa Clita Valley.
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  SPEAKER_00: Now, of those, 14 of those listings are going to be coming soon.
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  SPEAKER_00: You want to see those, all you can do is go to Santa Clita Openhouses.com forward slash coming soon.
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  SPEAKER_00: Type in that in right there, and then hit the return, and then your intern, you will actually be able to get access to coming soon listings.
• 1:00
  SPEAKER_00: I'm going to need your information to do that, at least an email address.
• 1:05
  SPEAKER_00: You don't want to give up your name, that's cool.
• 1:07
  SPEAKER_00: I'll just make something up for you.
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  SPEAKER_00: But you'll be able to see those listings at the moment they actually hit the market.
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  SPEAKER_00: So that's that's perfect.
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  SPEAKER_00: So I will get those to you.
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  SPEAKER_00: In addition, I did do some writing here this past week, as I do every day, posting here on my blog.
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  SPEAKER_00: You can see that yesterday we've gone up four.
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  SPEAKER_00: That's going to be those back on market listings as far as total inventory goes.
• 1:28
  SPEAKER_00: We see that those listings are changing.
• 1:30
  SPEAKER_00: For you buyers out there, something that I can tell you, I did do a show last week with one of a fantastic local lender talking about where buyers need to be in that approval process.
• 1:41
  SPEAKER_00: And you should get everything vetted before thinking that you're actually approved.
• 1:46
  SPEAKER_00: If you're talking with a lender and over the telephone they get some numbers and they say, Yeah, you're good to go, you need to get a much more solid answer.
• 1:55
  SPEAKER_00: And if they say if they say that you are good to go, then get that in writing and then have them send that to you.
• 2:02
  SPEAKER_00: Just keep yourself safe.
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  SPEAKER_00: And if they say that they need further information, they're probably doing their due diligence.
• 2:09
  SPEAKER_00: Just find out what they need.
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  SPEAKER_00: Typically, it looks like paycheck, stubs, tax returns, those sorts of financial documents.
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  SPEAKER_00: Usually that's what a lender is going to need to take it to that next level.
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  SPEAKER_00: And then when they give you the pre-approval, ask them what type it is.
• 2:24
  SPEAKER_00: Is this like the best highest level pre-approval?
• 2:27
  SPEAKER_00: Or do you need more information to give me something of that nature?
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  SPEAKER_00: That best highest level typically is a full underwriter approval.
• 2:35
  SPEAKER_00: And some lenders do generate that type of approval letter.
• 2:39
  SPEAKER_00: You would be going into the real estate purchasing game with something that is very, very solid and really incomparable.
• 2:46
  SPEAKER_00: So it's going to look super good.
• 2:48
  SPEAKER_00: That might be something you might want to talk about.
• 2:50
  SPEAKER_00: You sellers out there, of course, looking at the real estate inventory, we're watching as uh the homes for sale are continuing to climb.
• 2:59
  SPEAKER_00: That's going to continue to go through this next year as well.
• 3:03
  SPEAKER_00: If you want to see everything that happens to be for sale, what those prices are looking like, come here under communities, click on Santa Clarita, and you will see all of those properties.
• 3:13
  SPEAKER_00: But one of the things I will point in out here are the market reports for the Santa Crita Valley, giving you an idea where properties happen to be currently and what the market is actually looking like right now.
• 3:26
  SPEAKER_00: So it's a good resource.
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  SPEAKER_00: It's going to give you information on properties that have been sold, and we can also have those properties categorized by the highest to the lowest sales prices and those sorts of things.
• 3:39
  SPEAKER_00: That's going to give you a really good indication as to where the market happens to be.com with all the data and everything else exciting.
• 3:53
  SPEAKER_00: I'm Connor with honor.
• 3:54
  SPEAKER_00: We'll see you in the next one.
• 3:55
  SPEAKER_00: Thanks for watching.
• 3:56
  SPEAKER_00: Have a fantastic day.