Monday, April 2, 2018

A Little Bit More Than One Month's Inventory

Always looking at activity in the MLS. Listings, price changes, fallen out of escrow, under contract, pending, and final sales. Minimum of 3 times a day!

Right now, in Santa Clarita, and surrounding neighborhoods, we only have 431 active listings. Yes, only 431. That includes homes, townhouses, and condos.



The matter to be aware of is that it means we have just over a months worth of inventory. Because, we are usually selling about 325-335 homes every month. Last month we closed escrow on 285 homes.

Currently we have 492 in contract. Which means a lot of people want to buy houses, right?

Yes, a lot sure do!!!

With rising rates, and low inventory, it's getting more challenging. But, interest rates are still remarkably low! And, with the right Realtor in the trenches working to find your next home....it will happen!

But, you've got to get approved, find a great Realtor, and get working on it....before rates and home prices go up further!


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