From the monthly archives:

November 2009

Simi Valley Home Sales Report YTD – October 31, 2009

by Ted Mackel on November 24, 2009

Simi Valley California home sales were down in October 2009. This is very interesting in that the market has been pushed in a positive direction by the first-time home buyers tax credit. In  September and October buyers knew that the tax credit was scheduled to expire on November 30, this should have reflected in an [...]

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Looking for inexpensive ways to make your Simi Valley home more attractive for buyers?
But wait a minute, aren’t homes selling with multiple offers, bidding wars and buyers being left out? Certainly in the lower price ranges homes are selling quickly and with multiple offers; however, homes in all price ranges with serious deferred maintenance and [...]

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The Lunatics Have Taken Over The Asylum

by Ted Mackel on November 19, 2009

The lunatics have taken over the asylum. (CNBC video interview at end of this post)
Beside being the song title of a 1980s new wave band (Fun Boy Three), the title of this post may be more accurate than even I realize.
I follow the papers, several blogs including Calculated Risk, Square Feet Blog, industry blogs such [...]

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What is a Short Sale & Can I Short Sell my Home?

by Ted Mackel on November 9, 2009

What is a short sale? A short sale occurs when the seller of a property owes more money against that property than what they can ultimately sell the property for.
Example,   you have a $500,000 loan against your property, but now it is only worth $400,000. Adding the costs to sell your property at $400,000, including [...]

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That’s right Simi Valley home buyers, the tax credit is waiting for Obama’s signature. The tax credit legislation passed the House today in a 403 to 12 vote. The Senate vote was 98 to zero.  This time around there a few additions, these are pointed out in my video blog below. One thing I did [...]

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1st Annual Simi Valley SnowFest 11-8-09

by Ted Mackel on November 2, 2009

Don’t miss the 1st Annual Simi Valley SnowFest on Sunday November 8th.  This new event runs from 10:00 am to 4:00 pm as a kick off for the holiday season. This event is organized and run by the Rancho Simi Recreation and Park District, at the Rancho Santa Susanna Community Park in Simi Valley located [...]

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