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Yuck - where is the inventory?

With the last few weeks of inventory declining and the new listings on the market for sale in the Santa Clarita Valley - we continue to see multiple offers within hours on each asset placed on the market for sale.

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Whether it is a bank owned, real estate owned foreclosure, short sale or human listing - there have been a definite lack of this type of inventory, creating a true "frenzy" in the local real estate market.

I have posted -7 DOM (days on the Market) Listings in the Santa Clarita Valley here so you can keep track and see for yourselves what I am speaking about.

Also, there are not just RE/MAX listings on this link - they are every real estate listing that is on the market for sale.

Posted by Connor & Paris MacIVOR - Realtors Santa Clarita California Real Estate on 11/04/2009 11:16 AM

Comments (1)

Bad Inventory in Santa Clarita Valley in the Regional (Localism) Channel

the market stinks, bad real estate market, where are the homes for sale, santa clarita real estate

Originally posted at: REMAX of Santa Clarita Real Estate: Yuck - where is the inventory?

This post has been included in California Information Los Angeles County, CA Information Santa Clarita, CA Information

1 Comments on Yuck - where is the inventory?

NOV

We are seeing this also in Destin, Fl. Last week I had two deals with multiple offers. If it is priced right, this will happen almost every time.