California Real Estate Radio

Welcome to another insightful episode of the Santa Clarita Real Estate Update with Connor MacIvor at SantaClaritaOpenHouses.com. Today is August 2nd, 2024, and we dive into the evolving landscape of real estate commissions and market dynamics.In this episode, Connor discusses potential future scenarios where competition among agents and clients could intensify due to changes in commission structures. He emphasizes the importance of transparency and verified information, advising clients to seek ethical agents who provide written proof of their claims.The episode also covers the latest market statistics:Coming Soon Listings: 6New Listings (last 7 days): 74Price Changes: 70 (mostly reductions, with a strategic discussion on the impact of price modifications)Active Under Contract Properties: 33Back on the Market: 24 (highlighting the common reasons and concerns for properties falling out of escrow)Pending Properties: 49Closed Properties: 63Expired Listings: 10Cancelled Listings: 8On Hold Listings: 6Withdrawn Lis