Santa Clarita is reflecting the national trend of bidding wars.
Santa Clarita home buyers and Investors are sometimes shocked to learn that many homes on the Santa Clarita real estate market are seeing multiple offers, many above the asking price in a resurgence of the bidding wars we saw a couple of years ago. Home buyers are asking, “Why is this happening now?” The answer is manifold: Many national and local Santa Clarita home buyers feel that the market has reached something close to the bottom price-wise and are deciding to ‘strike while the iron is hot’. And when they do, they learn that others are feeling the same way and so…. multiple offers on the same property!