From the category archives:

Market Updates

Simi Valley Housing Market Update YTD 6-30-09

by Ted Mackel on August 6, 2009

Simi Valley Housing Market Update YTD 6-30-09
While the unit number below show a total inventory of 342 Simi Valley Homes for Sale,  the reality is that under 170 are “Actives”; the balance are in escrow listed as “contingent”.  This is import in that these “contingent properties”  are mostly short sale properties and are not in [...]

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Simi Valley Homes For Sale Market Report May 31st 2009
My Video Commentary on the current Simi Valley Real Estate market conditions will follow shortly. For now the closing numbers up through the end of May are below. Oh Yeah, no we have not hit bottom yet…..I’ll explain later.

Activity – Single Family Detached [...]

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Simi Valley Real Estate Market Report YTD April 30 2009

The table below contains the Simi Valley Homes for Sales numbers and closing numbers Year-To-Date April 30, 2009. One number that our Multiple Listing Service Statistical reports do not separate is the Active Listings. Our Simi Valley Multiple Listing service lumps the homes [...]

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Simi Valley Real Estate Home Sales Market Update March 31 2009 YTD
The Charts in the video are posted below the table for further study.

One disclaimer is that the MLS data adds the homes that are contingent in a backup status with the Active Listings.  This is not a true picture for the real market conditions. [...]

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Buying up Bad Mortgages is one Solution

by Ted Mackel on March 4, 2009

Buying up Bad Mortgages is one Solution
Here is a nice video short form CBS News on how some investors are out looking for ways to capitalize on the folly created by our government and banking system.

Watch CBS Videos Online

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Simi Valley Moorpark Real Estate YTD Sales Report through February 2009
The Headline for Simi Valley Moorpark Real Estate is…..”NOT MUCH HAS CHANGED”.  That is except for inventory continues to shrink.  Typically shrinking inventories favor sellers with modest increases in pricing, but the combination of tight lending criteria, our recession/depression, unemployment now over 10% in the [...]

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Simi Valley Housing Sales Volumes 2006-2009 (Easy Charts)
Each month I prepare my market updates which can be found in the Market Update section of my blog under Catagories.  I also track on a spread sheet the volumes so I can compare yearly volumes by month and try to spot any trends.  Below are the updated [...]

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Simi Valley Moorpark Real Estate Market Update Jan-09 YTD
The following report contains the Year To Date housing activity for Simi Valey & Moorpark California.  At first glance it is nice to see that what was happening this time last year is not being repeated.  Sales for the January in Simi Valley was 35 total single [...]

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Phantom Inventories can be Deceiving (Simi Valley housing report)
We are constantly hearing all the time that Simi Valley housing inventories are shrinking and that sales are picking up.  I have talked about it in  my market updates. Let me put this in context.  What most are not aware of is the Phantom Inventory that has [...]

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Simi Valley Real Estate Market Update Year Ending 12-31-08
Happy New Year!!! I wish I could tell you everything is going to get better quick, but really looking at the bigger picture, the whole country especially California will be in for interesting times. If you watched any of the news over the budget battles [...]

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