Real Estate Values Still Dropping in Valencia, CA
We have seen a decline in homes prices for sale in Valencia, California since July and single family home inventories are up. We believe that this pattern will change shortly as many large banks have reported this week that they are freezing their foreclosures.
How does this benefit you? Well, fewer foreclosures on the market will bring a higher demand to the standard sale homes which could mean a higher sale price for those sellers due to a lack of resale housing supply. This trend will be interesting to watch in the coming months.
If we can be of any assistance to you in buying or selling your home throughout Valencia or the Santa Clarita Valley, please contact us.
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