January 2017 Simi Valley Housing Update

January 2017 Simi Valley Housing Update shows a stable market.  Closed units for the month stayed on par looking back at January starts for the last few years and even though median price came in a little lower, it was not significant.  While people may talk about a robust market with homes going out at multiple […]

December 2016 Simi Valley Home Sales

December 2016 Simi Valley Home Sales

December 2016 Simi Valley Home Sales followed a similar pattern as the last few months.  Fewer homes sold compared to the year before, median prices dropped and luxury homes sales were down.  Final sales prices compared to their original list price tightened again slightly.  Median home price for the year is up 3.49%.  Housing wire […]

New plumbing fixture law California Civil Code § 1101.4

Property transfers plumbing fixture replacement

The new plumbing fixture law is not that new at all.  It is part of an older code that has restrictions that were built into the law over time.  Some cities like Los Angeles have had tougher restrictions for quite a while. October 11, 2009 SB 407, Property transfers: plumbing fixtures replacement was signed into law.  Triggers […]

November 2016 Simi Valley Home Sales

custom yards signs ted mackel simi valley real estate

November 2016 Simi Valley Home Sales, the luxury home sector volume slows.  Sales in the most active price ranges continue to move.  November saw the gap between the original asking price and the final negotiated sales price tighten a little.  Any single family detached home that shows up on the market under $400,000 tends to need […]

Who You Hire Makes A Difference

Who you hire makes a difference in the success of your real estate purchase or your real estate sale.  Four key factors rise to the top in every real estate transaction.  These are attributes your real estate agent will need to help guide you through one of the more important transaction of your life. Rapport, Reputation, […]

August 2016 Simi Valley Home Sales

How did August 2016 Simi Valley Home Sales fair?  The market sent many mixed signals.  Lower end houses sold for an average of 3.5% to 4.5% below the original asking price.  Simi Valley homes under $400,000 were all serious fixer opportunities.  Days on market is still hovering at two months.  Homes in the $500,000 to […]

July 2016 Simi Valley Home Sales Report

July 2016 Simi Valley home Sales

July 2016 Simi Valley Home Sales were quite a shocker.  46 fewer homes sold than in July 2015.  While having 105 total single family homes sell in Simi Valley for any given month is not too unusual, this pull back is significant enough that we will need to watch the 2nd half of this year carefully. […]