Santa Clarita Open Houses | First Responder Realtor | Connor with Honor
Santa Clarita Open Houses | First Responder Realtor | Connor with Honor
Dec 14, 2024
📢 Castaic Real Estate Update & Key Law Changes for 2025! Are you ready for a big shift in the Castaic, CA real estate market? As we enter 2025, Assembly Bill 2992 (AB2992) introduces significant changes that will reshape how homes are bought and sold in California. Here’s what you need to know: 🌟 Market Snapshot: Median Home Price: $825,000 Price Per Square Foot: $441.26 Days on Market: Average of 68 days. Recent Sale Prices: Range from $370,000 to $1.7 million​ . 📜 AB2992 Highlights: Mandatory Buyer-Broker Agreements: Buyers must sign agreements with their agent before viewing properties. Customized agreements focus on property types, transaction terms, and more. Agent Compensation Transparency: Sellers are no longer required to pay buyer-agent fees. Buyers may negotiate these fees directly with their agent. Improved Disclosure Requirements: Agents must clearly define roles, obligations, and fees​ ​ . 🎯 Why It Matters for You: Buyers: Gain clarity on agent services and fees before starting your home search. Sellers: Stay competitive by pricing appropriately and working with a trusted agent who knows the new landscape. 🌳 Why Live in Castaic? Castaic Lake for outdoor adventures. Family-friendly neighborhoods with top-rated schools. Easy access to I-5 for commuting​ . 📞 Let’s Make a Move! Navigating these changes requires a real estate expert with local knowledge and integrity. As a first responder realtor, I bring years of trusted service to help you.
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