California Real Estate Radio

Connor with Honor Santa Clarita Realtor: (00:00)Everybody it's Connor with honor. I'm here at Realty. One group in Santa Clarita, California. Of course my offices are Valencia, but pottery barn at the mall. This is your real estate update. Today's gonna be the 19th of September, 2022. That's a lot, but that's where we are getting close to Christmas. Real estate's feeling that Bush. We're also seeing that the home prices are coming down just a little bit from where they were at market peak. About two, three months ago here in 2022. We're also watching those as interest rates are creeping up a little bit more. The fed is gonna meet tomorrow, Tuesday the 20th. I'm pretty sure I'm correct on that. I've been watching different, uh, different news portals. There's been some dates, whether it's Tuesday or Thursday, the opinion is they're probably gonna increase the bank borrowing rate to, uh, an additional 1% and that's to try to offset infla