Remember, I do my stats for you to include these communities:
Acton, Agua Dulce, Canyon Country, Fair Oaks Ranch, Saugus, Newhall, Valencia, Castaic, Stevenson Ranch, Westridge, Tesoro.
ACTIVE: 381. That's almost 100 more that we've been seeing these last few months!
Short Sale are only 25
REO's number 16
PENDING/BACK-UP: 811. That's about the same and you'll see why here...
Short Sale hovering at 368. Once we get these closed we'll have a lower number in this overall category.
REO's at 28
SOLD in Last 30 Days: 327. Yes, we're still closing about the same as we have for many months now.
Short Sales were 94
REO's were 19
With interest rates creeping up, sellers need to stop putting homes on the market for exorbitant prices. I may lose a listing or two for saying that, but with the inventory rising and interest rising, that shrinks the pool of buyers and the shift to a buyers market will be on the horizon.
You decide if you want to sell before that shift happens.