California Real Estate Radio

Welcome to a pivotal episode of the "Connor with Honor" podcast, where today, April 19, 2024, we delve into the real estate dynamics of Santa Clarita Valley. As your guide, Connor MacIvor, a seasoned real estate expert, brings to light the complexities of the current market with a thorough analysis of the 359 listings available as of this morning. This episode covers the spectrum of the market's inventory, including 79 new listings and significant price changes in 46 properties, alongside insights into the 55 properties that closed over the past week.In this detailed market update, Connor discusses the significant rise in mortgage rates, now peaking at 7.50% due to unforeseen inflation and a delay in anticipated Federal Reserve interest rate cuts. He explains the implications for both buyers and sellers, highlighting how these factors contribute to making it potentially a favorable time for sellers. With home prices climbing to a median of $380,250 nationwide—higher in Santa Clarita—the monthly