From Acton to Stevenson Ranch, Newhall to Castaic we now have 622 active properties available for sale!!
We closed escrow on 371 in the last 30 days. That's actually a really good number considering the low inventory.
Under contract right now we have 732. 645 of those are Standard Sales, so that means we're still hovering about 10% of distressed sales. Bank owned, short-sales, maybe some HUD owned or probate in there as well.
The quickest moving ones are under 500-ish in our little valley. Priced right, marketed right, show nice? You're moving pretty quickly. Sales aplenty in that price range with a lot of competition.
Interest rates are still ridiculously low. The Fed did not bump them up this month. Talk again about September or December increase. For now though, below 4%.
All good in housing in Awesometown and neighboring 'villages'!