Can you believe that it is October Already.  I suppose that is why the stores started populating with Halloween Decorations since late July.

Time moves pretty quickly when you are keeping your eyes on your own work and when the focus is the serving of your clientele.

The Santa Clarita Valley Real Estate Market is moving – but inventory still poses a problem.  The Moratorium was over September 15, but the bank are focused on October 1 – That is today.

It will be interesting to watch the numbers of REO’s and Foreclosures that come onto the market throughout the end of the year. 

With today bringing us 15 new listings in the Santa Clarita Valley – but only 1 of those was a Bank owned foreclosure/Real Estate Owned Property.  I have placed the REO’s and Foreclosures in the Santa Clarita Valley at our REOengine Blog Platform which has all of the Santa Clarita Valley Foreclosures.

Active Listings is down to 574 in the cities that compose the Santa Clarita Valley and there are only 8 properties that went into pending status.

341 Escrows closed in September of 2009.

These numbers are quite revealing – they are showing that the short sale and long DOM still rules the inventory.  Regular Sales are quite rare and since Feburary of this year – So have been The Foreclosures and Bank Owned Assets.