Latest / Connor with Honor: AI, Real Estate and Real Life / Breaking Records: Santa Clarita Real Estate Hits Highest Inventory in Over Two Years
Transcript
- 0:00here's something you might not know if you're considering buying real estate I'm doing this before I get into today's broadcast to the benefit of all people before is as you're considering buying real estate be very careful who you share that with and the only reason why I say that is because some people outwardly are gonna appear incredibly happy for you and that may be true but in most cases most people are gonna to your face be happy behind your back not be happy that seems to trail in life so only go to the most trusted people in your periphery in your sphere people that really want the best for you and those that will not speak out of the wrong side of their mouth in front of you and then the truth behind your back so be wary with that good day everybody I am Connor with honor and we are at July 12th, 2024 Today is Thursday we're gonna get into the daily real estate inventory and I will cover what matters here we go so right now we are at the highest point we've seen in Santa Clarita Valley real estate in the last over two years last time we saw numbers this high in active inventory was June of 2021 so here we are July of 2024 and today we had have printed darker 464 total active listings on the market
- 1:24yesterday was 4: 53 that's gonna build we're gonna see that fall back maybe earlier next week but right now as far as real estate listings when they get put on the market the best time to do it typically is Wednesday Thursday Friday in some cases with minor exception but most to give that good run of a property if it's gonna be active to be shown on the weekend starting those postings or putting those properties in the MLS statistically there's better averages Wednesdays Thursdays usually Mondays Tuesdays everybody's just trying to get caught up with their week so the 7 day forecast or the 7 day recap is this way 10 properties coming soon 87 properties are new listings placed on the market 64 properties had their prices changed 15 properties went back on the market 31 properties active under contract 40 properties went bending 48 properties closed four expired 11 cancelled 10 put on hold and two have withdrawn with this inventory in Santa Clarita it's still too new to make a determination as to whether we are getting at that place that people are gonna start talking about where the market turned I don't believe I'm going to see that kind of inventory enter the market in the next coming months but again we are higher than we have been in quite a while better than two years my suggestion is be nimble in the market if you have a house you're considering selling get good values on it before you jump into the market because that out of the chute pricing is gonna be critical for you buyers out there don't forget to when you're apping with your lender find out exactly what information they're gonna need from you and then also develop the best way to communicate with them see what people don't expect with a real estate agent is I have clients that are in Florida selling houses in Southern California Three hour difference they're up at 6 a m I need to be up at 3 a m to be able to answer their questions because that's when their business day begins I know most agents some agents some lenders some professionals they don't operate this way we have set hours but realistically I know that it could wait another few hours but why would I need to inconvenience my client because we've already had the conversation that I'm going to make myself as available as possible as long as I'm not working with another client at that particular time and my clients get it I've Connor with honor I hope this helps you when you're ready please reach out to me and don't forget to check out www.SantaClarita openhouses.com that's our main system and I look forward to serving your real estate needs when you're ready reach out I'm Connor with honor over and out