Table of Contents

Introduction

Connor MacIvor is a local real estate agent in Santa Clarita, California with years of experience in the industry. He has been serving the Greater Los Angeles cities and counties, including Orange County and Ventura County Cities, since 1998. As a seasoned realtor, Connor has a deep understanding of the Santa Clarita real estate market and can provide valuable insights to both buyers and sellers.

Currently, the inventory of real estate listings in Santa Clarita Valley is limited. There are approximately 278 active listings for sale, with 16 additional properties in the ‘coming soon’ category. ‘Coming soon’ listings are selected by agents to generate online awareness before being released to the public.

It’s important to note that the accuracy of online real estate websites, such as Redfin, may vary. While Redfin is reporting slightly fewer listings, Connor, being a member of a local board, believes that his data is more accurate. To ensure you have the most up-to-date information, it’s recommended to consult with a real estate agent and have them conduct a search based on your specific criteria.

When searching for real estate in Santa Clarita, it’s essential to work with a local agent who has in-depth knowledge of the market. Online listings may not always reflect the current inventory, and misinformation can be prevalent. Connor emphasizes the importance of dealing with real human beings and encourages potential buyers to connect with him through his website, ConnorWithHonor.com.

The Importance of Working with a Real Estate Agent

When searching for real estate in Santa Clarita, it’s essential to work with a local agent who has in-depth knowledge of the market. Online listings may not always reflect the current inventory, and misinformation can be prevalent. Connor emphasizes the importance of dealing with real human beings and encourages potential buyers to connect with him through his website, ConnorWithHonor.com.

  • Finding the most current inventory: A real estate agent has access to the most up-to-date information about available listings in Santa Clarita. They can conduct a search based on your specific criteria and ensure you have the most accurate and current information.
  • Setting specific criteria: Setting specific criteria for home buyers is crucial to finding the right property. An experienced agent can help you determine what features and amenities are most important to you and narrow down your options accordingly.
  • Setting a realistic budget: It’s important to set a realistic budget with your agent. They can help you determine how much you can afford and guide you in finding properties within your price range.
  • Avoiding overshooting the budget: Overshooting your budget can have negative consequences. It could result in financial strain or may limit your options in the long run. Your agent can help you stay within your budget and find the best value for your money.
  • Possibility of price reductions: Overpriced listings may eventually experience price reductions. A skilled real estate agent can identify overpriced properties and negotiate on your behalf to potentially secure a lower price.

Working with a real estate agent is essential in navigating the Santa Clarita real estate market. They can provide valuable insights, help you find the most current inventory, and guide you in making informed decisions. Contact Connor MacIvor at ConnorWithHonor.com to get the latest real estate information and start your home buying journey.

Accessing the Latest Real Estate Information

When it comes to staying informed about the latest real estate information in Santa Clarita, Connor MacIvor’s website, ConnorWithHonor.com, is the go-to resource. By visiting his website, you can access a wealth of valuable information that will help you make informed decisions throughout your home buying journey.

One of the key benefits of visiting Connor’s website is the option to connect with him directly. By filling out a simple form on his website, you can get in touch with Connor and receive personalized listings based on your specific criteria. This allows you to stay up-to-date with the latest properties that match your preferences.

Understanding the current market conditions is crucial for buyers, and Connor is dedicated to providing accurate and reliable information. By regularly updating his website with the most current real estate data, Connor ensures that buyers have access to the most accurate and up-to-date information available.

Connor encourages buyers to make informed decisions based on reliable information. By providing comprehensive market insights, including inventory trends and pricing data, Connor empowers buyers to understand the current state of the Santa Clarita real estate market.

It’s important to be cautious of misinformation and deep fake videos that may circulate online. Connor stresses the importance of dealing with real human beings and urges buyers to rely on trustworthy sources, such as his website, for accurate information.

Days on Market and Timeframes

The average days on market in Santa Clarita Valley is currently around 39 days, from beginning to end. However, in this seller’s market, most sellers are looking to close escrow within 30 days. It’s important for buyers to be aware of this timeframe and discuss it with their agent when making an offer.

To make offers more attractive to sellers, buyers may consider the possibility of closing sooner than the typical 30-day escrow period. This can show the seller that the buyer is motivated and ready to move forward with the purchase.

One factor that can impact the closing timeframe is the involvement of appraisers. If a buyer is using a VA or FHA loan, there may be delays in getting the property appraised. This can cause a delay in the closing process. To expedite the appraisal process, buyers can consider the following tips:

  • Communicate with the lender: Keep in touch with the lender and stay informed about the progress of the appraisal. This will help ensure that any potential issues are addressed promptly.
  • Provide all necessary documentation: Make sure to provide all required documentation to the appraiser in a timely manner. This can help speed up the appraisal process.
  • Be prepared for the appraisal appointment: Make sure the property is in good condition and well-presented for the appraiser’s visit. This includes addressing any necessary repairs or improvements.
  • Stay informed about local market conditions: Keep track of recent sales and market trends in the area. This can help provide valuable information to the appraiser and potentially expedite the appraisal process.

By being proactive and taking steps to expedite the appraisal process, buyers can help ensure a smoother and faster closing timeframe. It’s important to work closely with the lender and appraiser to address any potential issues and keep the process on track.

Selling Rate and Market Conditions

In the Santa Clarita real estate market, the number of new listings added each week varies. On average, there are between 7 to 16 new listings added every week. However, due to the limited inventory, these properties don’t stay on the market for long. It’s crucial for buyers to act quickly when they find a property that meets their criteria.

One noticeable trend in the current market conditions is the limited number of foreclosures and short sales. Most of the listings in Santa Clarita are equity sales, where sellers have enough equity in their properties to comfortably sell them on the market. This indicates a stable market with homeowners who are financially secure.

While equity sales dominate the market, there is still a need for increased inventory to balance the market. Currently, the number of buyers outweighs the number of sellers, creating a seller’s market. To achieve a more balanced market, it would take an influx of approximately 750 to 1,000 new listings. However, this increase in inventory is not expected in the near future.

Interest rates play a significant role in the real estate market, and Santa Clarita is no exception. The current interest rates in the area range from high fives to low sixes, depending on credit scores and loan programs. It’s crucial for buyers to stay in touch with their lenders to get the most accurate and up-to-date information on interest rates.

Experts predict a mild recession in the second half of the year, which could lead to a slight dip in home prices. However, long-term fundamentals such as demographics and limited supply suggest a resilient market. It’s important for buyers and sellers to work with local real estate agents who have a deep understanding of the Santa Clarita market and can provide valuable insights.

Expert Opinions and Insights

The National Association of Realtors’ Chief Economist, Lawrence Yun, predicts a mild recession in the second half of the year, which may result in a slight dip in home prices. However, long-term fundamentals such as demographics and limited supply suggest a resilient market.

The ongoing housing shortage in California is a significant concern. The California Association of Realtors reports a need for 3.5 million new homes by 2025 to meet demand. This highlights the importance of addressing the housing shortage and increasing inventory in the state.

Realtor.com’s Chief Economist, Danielle Hale, predicts a slowdown in home price growth in 2024. She emphasizes the importance of using local real estate agents to navigate the market. Local agents have a deep understanding of the Santa Clarita market and can provide valuable insights to buyers and sellers.

Working with a local real estate agent is crucial in a competitive market like Santa Clarita. Agents have access to the most up-to-date information about available listings and can help buyers find the most current inventory. They can also assist in setting specific criteria, such as budget and desired features, to narrow down options effectively.

In a competitive market, it’s important for buyers to have realistic expectations. The market may require buyers to move quickly and make strong offers. Being prepared and working with an experienced agent can help buyers navigate the challenges of a competitive market.

Overall, the Santa Clarita real estate market is experiencing limited inventory and high demand. Buyers and sellers should rely on local real estate agents for accurate information and insights. It’s important to have realistic expectations and be prepared to act quickly in a competitive market.

Tips for Home Buyers

Buying a home is a significant decision, and it’s essential to be well-prepared throughout the process. Here are some tips to help home buyers navigate the Santa Clarita real estate market:

  • Get pre-approved for a mortgage: Before starting your home search, it’s crucial to get pre-approved for a mortgage. This will give you a clear understanding of your budget and help you focus on properties within your price range.
  • Factor in additional costs: In addition to the purchase price, it’s essential to consider additional costs such as homeowners association (HOA) fees and property taxes. These expenses can significantly impact the affordability of a property.
  • Impact of HOA fees and property taxes: HOA fees and property taxes can vary greatly depending on the community and location. It’s important to factor these costs into your budget to ensure you can comfortably afford the property.
  • Communicate with lenders and agents: Open and clear communication with your lender and real estate agent is crucial throughout the home buying process. They can provide valuable guidance, answer your questions, and keep you informed about any updates or changes.
  • Caution against too-good-to-be-true interest rates: It’s important to be cautious of interest rates that seem too good to be true. Verify any rates you see online with your lender and make sure you have accurate and up-to-date information.

By following these tips, home buyers can navigate the Santa Clarita real estate market with confidence and make informed decisions throughout the process. Working with a knowledgeable local agent like Connor MacIvor can also provide valuable insights and guidance.

Beware of Rental Scams

In a tight rental market like Santa Clarita, it’s important for tenants to be aware of rental scams that can target unsuspecting individuals. These scams can be carried out by fake agents who pose as legitimate representatives of rental properties.

An example of a rental scam could involve someone advertising a property for rent at an attractive price. They may request a cash deposit upfront to hold the property while they review applications. However, in reality, the property is not actually available for rent, and the person posing as the agent has no relationship with the property owner.

To avoid falling victim to rental scams, tenants should exercise caution and follow these tips:

  • Avoid giving cash deposits: Never give cash deposits for rental properties, especially if you haven’t seen the property in person or verified its legitimacy.
  • Verify legitimacy with real estate agents: If you come across a rental listing, verify the legitimacy of the agent or agency representing the property. You can do this by checking their credentials and contacting the real estate agency directly.
  • Use caution with online listings: While online listings can be a helpful resource, be cautious of potential scams. Double-check the information provided and follow up with real estate agents to ensure the listing is legitimate.
  • Follow up conversations in writing: It’s crucial to have a paper trail of your interactions with agents or landlords. Follow up important conversations in writing, such as through email, and keep copies for your records.

By being vigilant and taking these precautions, tenants can protect themselves from falling victim to rental scams. Remember to always verify the legitimacy of rental listings and agents before proceeding with any transactions.

FAQ

What is the current inventory of real estate listings in Santa Clarita?

Currently, there are approximately 278 active listings for sale in Santa Clarita Valley, with an additional 16 properties in the ‘coming soon’ category. It’s important to consult with a real estate agent for the most accurate and up-to-date information on the current inventory.

Why is it important to work with a local real estate agent in Santa Clarita?

Working with a local agent who has in-depth knowledge of the market is crucial when searching for real estate in Santa Clarita. Online listings may not always reflect the current inventory, and misinformation can be prevalent. A local agent can provide valuable insights, conduct accurate searches, and guide you in making informed decisions.

What are some tips for home buyers in Santa Clarita?

  • Get pre-approved for a mortgage before starting your home search.
  • Factor in additional costs such as homeowners association fees and property taxes.
  • Communicate openly with your lender and real estate agent throughout the process.
  • Be cautious of interest rates that seem too good to be true and verify them with your lender.

What is the average days on market for properties in Santa Clarita?

The average days on market in Santa Clarita Valley is currently around 39 days, from beginning to end. However, in this seller’s market, most sellers are looking to close escrow within 30 days. It’s important for buyers to be aware of this timeframe and discuss it with their agent when making an offer.

What is the selling rate and market conditions in Santa Clarita?

The number of new listings added each week in Santa Clarita varies, with an average of 7 to 16 new listings. However, due to limited inventory, properties do not stay on the market for long. Most listings in Santa Clarita are equity sales, indicating a stable market with financially secure homeowners. To achieve a more balanced market, an influx of approximately 750 to 1,000 new listings is needed.

What are expert opinions and insights about the Santa Clarita real estate market?

The National Association of Realtors’ Chief Economist predicts a mild recession in the second half of the year, which may result in a slight dip in home prices. The ongoing housing shortage in California is a significant concern, and using local real estate agents to navigate the market is emphasized. Buyers should be prepared to move quickly and have realistic expectations in a competitive market.

What should tenants be aware of to avoid rental scams in Santa Clarita?

Tenants should exercise caution to avoid rental scams in Santa Clarita. Avoid giving cash deposits, verify the legitimacy of agents or agencies representing the property, use caution with online listings, and follow up important conversations in writing. It’s important to protect yourself by verifying the legitimacy of rental listings and agents before proceeding with any transactions.


I’m Connor with Honor, AKA Connor MacIvor. I have lived in CA since 1990, when I came out to be an LAPD Police Officer. Life has a way of beating the heck out of you, as it did me. I am glad for the experiences and still have many more to go. I was able to finally beat the FAT problem I had for my entire pre-teen, teenage, and adult life up until I was 52 years old, back in 2021, when I was able to figure out what worked and how I wanted my journey to operate. 

I sell houses, representing buyers and sellers in Santa Clarita, CA, and the greater Los Angeles Area. I have been a Realtor since 1998 when I started a career in that business. I joined the LAPD as a full-line reserve officer after 17 years of full-time service, staying until 2011 and honorably retiring. 

If you need me, I’m here for you and yours. Thank you for reading what I posted online, and I appreciate you very much for taking your valuable time to do so.