Banks Control the Real Estate Resale Inventory in Saugus, CA
It is so obvious from this chart. The banks have been steadily placing their distressed housing inventory on the real estate market since early March. There is no question that they want to control their foreclosure listings, and hence the market in general. More homes for sale have created lower prices as the supply continues to exceed buyer demand.
The real estate market in Saugus has mostly kept pace with areas like Valencia and Stevenson Ranch. Home values in Saugus tend to follow the median list prices for the Santa Clarita Valley. You will get far more house for less money in Saugus, CA.
If we can be of any assistance to you in buying or selling your home throughout Saugus or the Santa Clarita Valley, please contact us.
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