California Real Estate Radio

Connor with Honor, a local real estate professional, provides insights into the current state of the Santa Clarita real estate market in his latest video update. While the market remains a seller's market, there are signs of potential change on the horizon.Inventory on the Rise: The video highlights a recent increase in available properties, with Santa Clarita Valley reaching 310 units compared to the high 200s just a few days ago. This trend is expected to continue as we move into spring, a time when the market typically sees a rise in listings due to seasonal factors.Interest Rates and Buyer Activity: Despite the potential rise in inventory, the video emphasizes that buyer activity remains strong. Many buyers are following the advice of "marrying the residence, not the mortgage rate," choosing to purchase now and potentially refinance later when interest rates drop. However, the video also acknowledges that no significant decrease in interest rates is expected before June.Challenges for Downs