Welcome to today's episode of the Santa Clarita Real Estate Market Update with Connor with Honor! It's July 18, 2024, and the local real estate market is buzzing. We currently have 472 active residential listings, a significant increase from previous months. Despite this surge, buyer demand remains robust, and properties are still moving quickly into escrow.

In this episode, Connor breaks down the latest market trends, including:

• 15 Coming Soon Listings: A sneak peek at properties about to hit the market.
• 85 New Listings: A substantial number of new opportunities for buyers.
• 49 Price Changes: Insights into why sellers are adjusting their prices.
• 18 Back On Market: Understanding the reasons behind these returns and how it affects your buying strategy.
• 33 Active Under Contract and 57 Pending: What these numbers mean for current market activity.
• 49 Closed Sales: Celebrating the successful transactions of the past week.
• 4 Expired, 9 Canceled, 16 On Hold, and 4 Withdrawn Listings: The lesser-seen side of the market dynamics.

Connor also shares critical advice for both buyers and sellers:

• Selecting the Right Agent and Lender: How to ensure your representatives are experienced and trustworthy.
• Financing Tips: Avoiding common pitfalls that can derail your mortgage approval.
• Upcoming Changes in Commissions: What the shift from traditional payments to concessions means for you starting in August.

Stay informed and ahead of the curve with Connor's expert insights. Whether you're looking to buy, sell, or just stay updated on the market, this episode is packed with valuable information. Don't miss out – tune in now! Visit www.SantaClaritaOpenhouses.com for more detailed market updates and to search for properties.

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From first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.

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