Our Market’s Performance So Far in 2019

FEB 25, 2019-1 MIN
Santa Clarita Valley Real Estate Podcast with Brandon Montemayor

Our Market’s Performance So Far in 2019

FEB 25, 2019-1 MIN

Description

<div class="separator" style="clear: both; text-align: center;"> <iframe allow="autoplay; encrypted-media" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/OabTAkmf-5Q?rel=0" width="560"></iframe></div> <div style="text-align: center;"> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><i><br /></i></span><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><i>If you’re curious about what market conditions are like in the early stages of 2019,<br />my latest market update will tell you all you need to know.</i></span><br /> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><i><br /></i></span></div> <div style="text-align: center;"> <span style="font-size: normal;"><b style="background-color: white; font-family: arial, helvetica, sans-serif; line-height: 18.2px;">Want to Buy a Home?</b><span style="background-color: white; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; line-height: 18.2px;"> <a href="https://myscvhomefinder.com/search#?q_limit=36&amp;q_prioritize=agents.0.id=F207098400|office.id=FF7000252&amp;mlsId=347&amp;status=1|3&amp;q_sort=createdAt-&amp;q_offset=0"><span style="color: #990000;"><b>Search All Homes</b></span></a></span></span><br /> <span style="background-color: white; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; line-height: 18.2px;"><b>&nbsp;Want to Sell </b></span><span style="font-size: normal;"><b style="background-color: white; font-family: arial, helvetica, sans-serif; line-height: 18.2px;">a Home?</b><span style="background-color: white; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; line-height: 18.2px;">&nbsp;<a href="https://myscvhomefinder.com/home_value"><span style="color: #990000;"><b>Get a Home Value Report</b></span></a></span></span></div> <div style="text-align: center;"> <span style="background-color: white; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; line-height: 18.2px;"><br /></span> <span style="background-color: white; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; line-height: 18.2px;"><br /></span></div> <span style="font-family: arial, helvetica, sans-serif;">It’s time to look at how our market is performing so far in the early part of 2019.</span><br /> <span style="font-family: arial, helvetica, sans-serif;"><br /></span> <span style="font-family: arial, helvetica, sans-serif;">Let’s get right to it: As of now, our active inventory is at 557 homes throughout Santa Clarita Valley and 361 home sales are either pending or in escrow. Year to date, there has been a total of 288 closings.</span><br /> <span style="font-family: arial, helvetica, sans-serif;"><br /></span> <span style="font-family: arial, helvetica, sans-serif;">As you can tell, <b>our market is experiencing a general upturn</b>, with more homes in escrow than what was true of the same time last year. However, active listings haven’t budged much from where they were a year ago</span><span style="font-family: arial, helvetica, sans-serif;">.</span><br /> <br /> <div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"> <span style="font-size: normal;"><b id="docs-internal-guid-5a7421ae-02d5-1912-c3f1-4abbd5fd6c0b" style="font-weight: normal;"> </b></span> <span style="font-size: normal;"><b id="docs-internal-guid-5a7421ae-02d5-1912-c3f1-4abbd5fd6c0b" style="font-weight: normal;"> </b></span><br /> <div style="background-color: white; border: solid 1px #c9c9c9; display: block; margin: 0 auto; padding: 20px 10px; width: 80%;"> <span style="font-size: normal;"><b id="docs-internal-guid-5a7421ae-02d5-1912-c3f1-4abbd5fd6c0b" style="font-weight: normal;"><span style="color: #b40609; display: block; float: left; font-family: &quot;arial&quot; , sans-serif; font-size: 100px; line-height: 50px; position: absolute;">“</span> </b></span><br /> <div style="margin: 0px auto; padding: 0px 10px; text-align: center;"> <span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><b>The marriage of amazingly low rates and<br />our active listings leveling off is encouraging<br />for the strength and stability of our current market.</b></span></div> <span style="font-size: normal;"><b id="docs-internal-guid-5a7421ae-02d5-1912-c3f1-4abbd5fd6c0b" style="font-weight: normal;"><span style="color: #b40609; display: block; float: right; font-family: &quot;arial&quot; , sans-serif; font-size: 100px; line-height: 50px;">”</span> </b></span></div> <span style="font-size: normal;"><b id="docs-internal-guid-5a7421ae-02d5-1912-c3f1-4abbd5fd6c0b" style="font-weight: normal;"> </b></span> <br /> <div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"> <b id="docs-internal-guid-6afc3dbb-889f-7ab1-0c57-9c80a4fb9e81" style="font-weight: normal;"></b><br /> <span style="font-family: arial;"><b>Interest rates have been tempered as well</b>. In fact, we’ve seen some conventional loans as low as 4.5% as well as FHA and VA loans situated at 4.125%.</span><br /> <span style="font-family: arial;"><br /></span> <span style="font-family: arial;"><b>The marriage of amazingly low rates and our active listings leveling off—which means homes are still selling well—is encouraging for the strength and stability of our current market</b>. This is to say that there are still moves to be made and plenty of opportunities to secure the best deal possible.</span><br /> <span style="font-family: arial;"><br /></span> <span style="font-family: arial;">If you have any questions related to our real estate market and how it affects your personal situation, don’t hesitate to reach out. Put us to work for you!</span></div> </div>