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Showing posts from July, 2008

Mid Summer Stable Real Estate Market Trends

Santa Clarita Valley Single-Family Homes Statistics Santa Clarita Valley Single-Family Homes Sales Increase 23%, Posting 5 th Consecutive Month of Gains Santa Clarita Single Family existing single-family homes picked up during May in the Santa Clarita Valley, posting the fifth consecutive month of increases, the Southland Regional Association of Realtors ® reported. Realtors® closed escrow on 220 homes, an increase of 22.9 percent over a year ago May and 23.6 percent higher than the tally reported this April. May also marked the first time since June 2007 that more than 200 homes sold in a single month. Every month since January has seen more homes sold than the prior year. Santa Clarita Condominium sales remained sluggish as prospective buyers preferred to focus on single-family homes that for the first time in years are being offered at favorable prices by owners who are willing to negotiate and make repairs or concessions. The market is showing signs of stabilization as we ente