Why the Real Estate Market is Headed Back to Balance
A funny thing happened in the middle of the slowest 6 months the Real Estate market has seen in a long time. Our phone started ringing and December sales were higher than November. Rates went down, Buyers realized we didn’t fall off a cliff and loan applications were up 25% in January! Meaning the big crash some experts were predicting was really an adjustment to reflect the higher cost of money and prices are stabilized now in most of Santa Clarita. Will the market stay that way? Watch!