Santa Clarita Saturday Update, if interest rates come down, even a bit, we could have a stronger seller's market

Connor with Honor - Managing your real estate health in Santa Clarita, Los Angeles California, and beyond!

🌟 Welcome to the latest episode of the Connor with Honor Podcast! Today, we're diving deep into the Santa Clarita real estate market as of April 13th, 2024. Join us as we explore a week of dynamic changes and what they mean for you, whether you're buying, selling, or investing in real estate. 🏡✨

🔍 This week, we've seen a robust market with 364 active residential listings, including single-family homes, condos, and townhomes. Notably, 87 new listings have emerged, challenging the notion that listings are being held back. We'll discuss what's driving this influx and the broader market dynamics at play.

💹 Interest rates are a hot topic, with current rates around 7%. However, experts predict a drop to about 5.9% to 6.1% by the end of the year, which could dramatically change the market landscape. Barbara Corcoran suggests that even a 1% rate drop could lead to a surge in prices by 8-10%. We'll unpack these forecasts and what they could mean for your strategy.

📈 For those considering investment options beyond direct property purchases, we delve into shares of vacation homes and commercial real estate platforms like Arrived and First National Realty Partners. These avenues offer lower barriers to entry and the potential for passive income. We'll guide you through the basics and what to consider before jumping in.

🔥 Real estate investment trusts (REITs) are another exciting topic today. They provide a flexible and liquid investment option, allowing you to trade throughout the day without the complexities of traditional home buying. Whether you're a seasoned investor or new to the market, REITs could be a strategic addition to your portfolio.

📊 As we wrap up, remember that the right broker can make all the difference. If you're ready to take advantage of these opportunities, Connor with Honor is here to hustle and navigate the complexities of real estate for you.

🔗 Tune in now: Don't miss this in-depth analysis tailored to empower your decisions in the Santa Clarita real estate market. [Insert Podcast Link]

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📞 Reach out: For more personalized advice or to explore further, contact us via our profile link. Let's achieve your real estate goals together with integrity and expert guidance!

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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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