Neal's Blog

Buyers today have more control over the home buying experience than ever. They choose what they want to see because they have access to property listings online. Yet, very often what they see is not what they get. I get calls daily  from buyers excited about listings that are neither actually listed (redfin is famous for this), or still available (taking “back up offers only” shows as “active” in their searches even though it is really in escrow).  Which brings us to short sales and the market that we are in today. The purpose of writing this is to let all buyers in every price range know that short sales will make up a large portion of the homes that are available to see and they are the perfect example of “what you see may not be what you get”.  In Santa Clarita today, over 40% of the “active” listings are short sales and that isn’t going to change anytime soon. In fact, I fully expect that the type of market we have today will be this way for awhile.