Latest / Connor with Honor: AI, Real Estate and Real Life / Real Estate is just about as exciting as watching paint grow and grass dry - Here is Today's Update for Santa Clarita by Connor with Honor

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Real Estate is just about as exciting as watching paint grow and grass dry - Here is Today's Update for Santa Clarita by Connor with Honor · Connor with Honor: AI, Real Estate and Real Life

• 0:00
  SPEAKER_00: Good day, everybody.
• 0:00
  SPEAKER_00: Welcome to today's show.
• 0:02
  SPEAKER_00: And it looks like real estate still declineth here in Santa Clarita Valley.
• 0:06
  SPEAKER_00: And it looks like we are actually down at 645 active residential listings for sale.
• 0:12
  SPEAKER_00: Of those, we have about eight of those coming soon.
• 0:15
  SPEAKER_00: This has been on the decline for the last few months, of course, and that's very typical of every year, usually, depending on the year.
• 0:23
  SPEAKER_00: If a year is exciting with a massive foreclosure market and properties, you know, selling hand over fist, that's a whole different dynamic.
• 0:31
  SPEAKER_00: But a traditional, normal, somewhat healthy market is where we happen to be.
• 0:35
  SPEAKER_00: So we watch as we get into spring and summer, everything starts to build from, you know, basically the end of winter into spring.
• 0:42
  SPEAKER_00: More and more inventory hits the market.
• 0:44
  SPEAKER_00: We continually have a high buyer drive here in Santa Clarita Valley.
• 0:48
  SPEAKER_00: So those listings that get added usually get eaten up by home buyers that want to buy.
• 0:53
  SPEAKER_00: And then other sellers might be relocating or staying in the state or moving up or downsizing.
• 0:57
  SPEAKER_00: But that trend tends to continue as we get from spring into summer.
• 1:02
  SPEAKER_00: Again, it's very hot then.
• 1:03
  SPEAKER_00: And then as we move into fall, there's always a cooling trend, and that's where we are currently.
• 1:07
  SPEAKER_00: And then, of course, we get into winter and even deeper into the holiday seasons.
• 1:11
  SPEAKER_00: Heck, we're already in November now.
• 1:13
  SPEAKER_00: So we have Thanksgiving this month and Christmas next month and New Year's, then the entire thing kicks off again.
• 1:18
  SPEAKER_00: What you should know about real estate currently at the 645 active listings is that interest rate is eking down.
• 1:25
  SPEAKER_00: So if you haven't talked to your lender lately, you might want to get out there and check that out.
• 1:29
  SPEAKER_00: If you're a seller, considering putting your house on the market, your most important step is to get a net sheet, a net sheet.
• 1:36
  SPEAKER_00: Net sheet's going to be a breakdown of costs associated with selling your residence so you can see where you are.
• 1:42
  SPEAKER_00: And then I wouldn't just stop with one net sheet, I would make a comparison between net sheets, and that means between real estate agents.
• 1:50
  SPEAKER_00: Honorsold.com.
• 1:51
  SPEAKER_00: You can pick up a net sheet there.
• 1:52
  SPEAKER_00: That's my system, and you'll be able to find out exactly what you're going to be walking away with with regard to your residence.
• 1:59
  SPEAKER_00: So it's very easy.
• 2:00
  SPEAKER_00: But moving into the real estate market of these coming soon listings, that's something else that you buyers out there are very interested in because you can't see those on the syndication sites and you can't see those on the online portals.
• 2:11
  SPEAKER_00: You have to have those emailed to you.
• 2:13
  SPEAKER_00: So if you have an agent, reach out to your agent, say coming soon, please.
• 2:16
  SPEAKER_00: And if you don't, hit me up at Santa Clarita coming soon.com.
• 2:21
  SPEAKER_00: I'll send you those.
• 2:22
  SPEAKER_00: There's not that many, so you don't even have to tell me what you're looking for.
• 2:25
  SPEAKER_00: You'll be able to see all the coming soon listings.
• 2:26
  SPEAKER_00: And if something fits your criteria, then we can take it from there.
• 2:29
  SPEAKER_00: All right.
• 2:30
  SPEAKER_00: I hope you enjoyed today's update.
• 2:32
  SPEAKER_00: I know that real estate is just as about exciting as watching grass grow or paint dry.
• 2:37
  SPEAKER_00: But when you're in the market, it is exciting.
• 2:39
  SPEAKER_00: You want to know where you stand so you can keep yourself safe and not get taken advantage of either by sellers or buyers or by agents.
• 2:47
  SPEAKER_00: We'll see you in the next one.
• 2:48
  SPEAKER_00: Thanks for watching.