Local RE Reports

Santa Clarita homes for sale inventory dropping – July 2011

July 1, 2011

Take a look at the Santa Clarita homes for sale inventory numbers as they stood at the end of May 2011.   That’s 1,200 homes for sale at the end of May 2011. When approximately 40% of our active inventory is comprised of short sales (aka long sales), 1,200 doesn’t sound so bad. That’s about [...]

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Santa Clarita Valley Homebuyers Incentive Program

June 29, 2011

In just a few days, various participating Santa Clarita Realtors, lenders, and escrow companies, will kick off what’s being called the Santa Clarita Valley Homebuyers Incentive Program, or HIP for short. The SCV HIP program is aimed at further incentivizing homebuyers to get active in the local Santa Clarita real estate market, and come off [...]

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Santa Clarita Real Estate Stats: List Price vs Sale Price March 2011

March 9, 2011

Looking back over the last 12 months of real estate activity in the Santa Clarita Valley, not a whole lot has changed.  Which is great. Too much volatility kind of sucks. Inventory of homes for sale in the SCV is still pretty low, especially considering that short sales make up almost half of the active [...]

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1,236 Homes For Sale In Santa Clarita

November 24, 2010

That’s where we’re at with respect to the Santa Clarita homes for sale inventory. The number hasn’t really changed much, over the last month. We are now in a slower time of year, as the holidays are upon us. Generally the inventory of Santa Clarita homes increases during this time of year as there are [...]

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Santa Clarita First-Time Homebuyer Affordability

November 18, 2010

Taking a look at how affordable homes are in the Santa Clarita Valley to first-time homebuyers, all we have to do is look at the most recent California Association of Realtors First-Time Buyers Housing Affordability Index. The report came out on Monday, and showed that quarter over quarter, and year over year, affordability amongst first-time [...]

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Change In Santa Clarita Average Home Sale Prices Since 2008

October 22, 2010

Today we take a look at the average Santa Clarita home sale prices by area, and how they differ present day, from 2008 figures. I simply took all closed sales data available in the MLS, for each Santa Clarita MLS area. I looked at the average sales price in 2008 for each area, versus the [...]

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63 Percent Of Santa Clarita Housing Market Is Distressed

October 21, 2010

As of today, 63% of the Santa Clarita housing market is made up of distressed listings. That figure includes homes actively for sale, and those in escrow. Types of distressed homes being considered: Flip homes (previously foreclosed on) HUD/Govt. owned homes Homes in the foreclosure process Homes with Notice of Default filed REO’s – bank [...]

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Santa Clarita Commercial Real Estate Update

October 19, 2010

The Los Angeles Business Journal came out with an update yesterday on the health of the Santa Clarita commercial real estate market. It discussed the office vacancy rate, and some of the major transactions as of late, of businesses coming, and going. The report found that: Santa Clarita has a 24.5% vacancy rate for commercial/office [...]

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Which Valencia, Ca Condos Are Selling?

October 18, 2010

Looking back at September 2010 numbers, it looks like there’s a tie, for Valencia condo/townhome community with the most sales. It doesn’t matter, it could be a straight Valencia condo community, Valencia townhome community, or a hybrid of both. Between the two communities in Valencia, there were six units sold. There were three units in [...]

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How Will Suspension Of Foreclosures Affect Santa Clarita?

October 15, 2010

I thought about this question more, as I saw the inventory of Santa Clarita homes for sale, rise today beyond 1,200. We’re already several days past Bank of America’s huge announcement that they’re freezing homes from being foreclosed on until they ensure that their foreclosure processing holds water and is legal. This includes loans that [...]

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