California Real Estate Radio

Introduction (0:00 - 0:30)Connor MacIvor introduces himself and sets the stage for the real estate update focused on Southern California and Santa Clarita Valley.Local Inventory Overview (0:31 - 1:00)Discussion on the current real estate inventory, highlighting:Coming Soon (1:01 - 1:30): 12 properties are flagged as coming soon, potentially hitting the market within 21 days.New Listings (1:31 - 2:00): 47 new properties were listed in the past week, spanning single-family residences, condominiums, and townhomes.Market Dynamics (2:01 - 2:30)Analysis of factors influencing the market, including high interest rates and low inventory due to sellers holding onto lower mortgage rates.Price Adjustments (2:31 - 3:00)Price Changes (3:01 - 3:30): 45 listings experienced price adjustments, indicating a mix of reductions and a few increases due to initial underpricing or market strategy adjustments.Transactions and Market Movement (3:31 - 4:00)Overview of recent market activity, covering:Back on Market (4:01 - 4:30): 14 p