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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.

santa clarita updates

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 Wednesday Nov 04