Neal's Blog

As we enter the traditionally "slower" part of the year, there is an interesting mix of changes in the market that are important to point out as we try to figure just how long-and how deep-the price declines in our valley will be.  No one can predict the future, but there is enough information that I think it's clear that the worst is behind us -how much lower can we go anyway?.  Still,  for most of Santa Clarita we aren't at bottom yet.  To jump ahead, I will explain why price softness and decline will likely continue in Santa Clarita for awhile-in some parts of town where the foreclosure rate is higher- as much as 2-4 years is possible.  Still, as I have said before, some parts of town (typically older and more established where speculation was minimal and turnover in 2003-2006 was light) we are seeing inventory go down which can lead to stability sooner than later. So, in my constant pursuit of offering good information for you to draw your own conclusions-here is what is definitely

As we enter the traditionally "slower" part of the year, there is an interesting mix of changes in the market that are important to point out as we try to figure just how long-and how deep-the price declines in our valley will be.  No one can predict the future, but there is enough information that I think it's clear that the worst is behind us -how much lower can we go anyway?.  Still,  for most of Santa Clarita we aren't at bottom yet.  To jump ahead, I will explain why price softness and decline will likely continue in Santa Clarita for awhile-in some parts of town where the foreclosure rate is higher- as much as 2-4 years is possible.  Still, as I have said before, some parts of town (typically older and more established where speculation was minimal and turnover in 2003-2006 was light) we are seeing inventory go down which can lead to stability sooner than later. So, in my constant pursuit of offering good information for you to draw your own conclusions-here is what is definitely

As we enter the traditionally "slower" part of the year, there is an interesting mix of changes in the market that are important to point out as we try to figure just how long-and how deep-the price declines in our valley will be.  No one can predict the future, but there is enough information that I think it's clear that the worst is behind us -how much lower can we go anyway?.  Still,  for most of Santa Clarita we aren't at bottom yet.  To jump ahead, I will explain why price softness and decline will likely continue in Santa Clarita for awhile-in some parts of town where the foreclosure rate is higher- as much as 2-4 years is possible.  Still, as I have said before, some parts of town (typically older and more established where speculation was minimal and turnover in 2003-2006 was light) we are seeing inventory go down which can lead to stability sooner than later. So, in my constant pursuit of offering good information for you to draw your own conclusions-here is what is definitely