Simi Valley property owners who are considering selling their property, whether residential or commercial, need to be aware of the current flood maps for Simi Valley. If their property is located in a flood zone, the flood zoning can create many problems for the seller or purchaser of those properties. Present government studies project that […]
Sales volumes of Simi Valley homes for July 2014 pulled back with 8% fewer homes sold compared to July 2013. While this may seem like a setback, sales were still strong breaking the 110 unit benchmark for the summer. Homes in the $500,000-$800,000 range saw increases in volumes. Average days on market trended closer to two months […]
The Simi Valley housing market seems to settled into a more stabilized market. June home sales volumes remained equal with 2013 sales volumes. May 2014 sales saw an increase in median home prices due to a high influx of sales over $900,000. June sales with fewer luxury home sales, showed that the median price settled back […]
Home buyer top attributes that make them fall in love with a home. Outdoor Living Spaces are high on priority for both men and women.
Simi Valley housing sales for May 2014 were approximately 8% lower on volume than in May 2013. While April 2014 didn’t gain any ground or lose any ground, four out of the first five months in 2014 have recorded lower sales volumes. Even though median home price was significantly up for the month of May, […]
In real estate, short sales are triggered when a seller’s property is worth less than what they owe on the property. The seller then needs to get an agreement from their lender or lenders that will allow the seller to sell the property for less than the outstanding loan or loans against the property. This process […]