What you need to know about the City of Simi Valley Housing Element Update (Part I) Where can the city allow development? Will the hills of Simi Valley be jeopardized? The city has been working hard to come up with a plan that works for all, however the city and the citizens are their own […]
Simi Valley Home Sales Report YTD – January 31, 2010
Simi Valley Home Sales Report YTD – January 31, 2010 Simi Valley home sales for the first month of 2010 trended back to average levels seen through 2009. While December 2009 showed the strongest sales for the year, my hunch was that many Short Sale lenders trying to close their books for the fiscal year […]
New Lower Rates For Title Insurance – Consumers Benefit
Tuesday – I learned that both Lawyers and Chicago Title Insurance Companies had simplified their rates. I see this as a great move on the part of these two title companies. What they have done is made their short term rate now the standard rate. Previously, the short-term rate was a discounted rate homeowners would […]
New RESPA Regulations to help drive out Bait & Switch Artists of the Morgage Industry
RESPA changes enacted January 16, 2010 will benefit Simi Valley home buyers and help them understand the costs of their financing on the new good faith estimate (GFE) and HUD-1 settlement statements. When shopping for a loan, the mortgage broker must give a good faith estimate to the client that outlines the costs of the […]
Simi Valley Home Sales Report YTD – December 31, 2009
In this year to date Simi Valley Home Sales Report, I am going to first cover what happened in December and then look at the year as a whole, with a prediction of how I see things shaping up for the 2010 Simi Valley real estate market. I am seeing similar activity in the West […]
Simi Valley Home Buyers 3 Important Concerns with Short Sale Offers
As a Simi Valley Home Buyer in this market you will be confronted by many homes for sale that are Short Sales. Before submitting an offer buyers should be concerned and careful about the process they are about to enter. The current market conditions for buyers has been difficult for many. Inventory levels have been […]
Simi Valley Home Sales Report YTD – November 30, 2009
Simi Valley Home Sales have been moving along at a similar pace and not much has changed. Inventory is still extremely low. There really is not much new to report in that the Tax Credits, low interest rates and low inventory are producing false positives for the news media to feed off. Simi Valley Single-Family […]
4 Reasons the Holidays are a good time to Sell your Simi Valley Home
Should you sell your Simi Valley home during the holidays? There are several positions on whether home Sellers should consider selling their homes or if their home is already listed, continue trying to sell their home throughout the holiday season. The annual real estate agent hibernation generally starts the week after Halloween and carries on […]
Unemployment Numbers without the Spin
Unemployment Numbers without the Spin This clever Youtube video explains how the unemployment rate really does not address the real number. We are in interesting times. The unemployment figures the news reports form the government do not include: Those not in the Labor Market Those marginally in the Labor Market Those how work Part Time […]
Simi Valley Home Sales Report YTD – October 31, 2009
Simi Valley 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 increase […]