Santa Clarita housing inventory up and those numbers will continue to climb as long as interest rates don't come down

Welcome to your daily real estate update for Santa Clarita Valley, brought to you by Connor T. MacIvor, your trusted local Realtor (CALDRE 01238257). Today, we're diving into the current market dynamics with a detailed look at the inventory as of April 2024, including insights into the cities of Castaic, Canyon Country, Newhall, Stevenson Ranch, and Valencia.

With a total of 372 listings currently on the market—encompassing single-family residences, condominiums, and townhomes—the inventory is steadily increasing, signaling a shift from a strong seller's market towards a more balanced market scenario. Despite the rising numbers, many sellers are holding back due to low-interest rates, shaping a unique market condition as we approach the election year and potential rate adjustments.

Stay informed with our comprehensive coverage of market trends, including new listings, pending sales, and the overall health of the real estate market in our beloved Santa Clarita Valley. Don't miss out on professional insights that could guide your next buying or selling decision, especially with changes looming in interest rates as predicted towards the end of 2024.

For those considering new developments, such as the major 259-unit project in Sand Canyon, learn how having a seasoned agent like myself can provide negotiation leverage and potential price advantages.

Subscribe for daily updates and expert advice on navigating the Santa Clarita real estate market. Check out my upcoming book, "The Santa Clarita Real Estate Guide," for an in-depth look at buying and selling in our area, available soon on Amazon.

For more information or to schedule a consultation, contact me directly at 661.400.1720 or visit connorwithhonor.com.

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#SantaClaritaRealEstate #RealEstateMarketUpdate #ConnorWithHonor #SantaClaritaRealtor #HomeBuyingTips #RealEstateInvestment #DailyMarketUpdate #SantaClaritaHomes #RealEstateTrends2024 #CanyonCountry #Newhall #StevensonRanch #Valencia

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