November 2008 Santa Clarita Valley REAL ESTATE report card

The real estate market is always changing and just 2 days after the Nov. 4th 2008 election our inquires from the web, signs and referrals have more than doubled.

Real estate is a long term investment, don't panic, the market is turning around,over the next few years it will come back. Now is the time to ride the wave if you can.

Sales activity through September 2008 were up 85.7% from last year for the same time in 2007.

Pending home sales through September 2008 were UP 148.4% from same time last year 2007.

Active listings through September were DOWN 2008 36.3% from same time last year 2007.

Information supplied from Santa Clarita Valley Multiple Listing Service

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