by Ted Mackel on March 3, 2010
Second straight month Simi Valley Home Sales drop – Inventory edging up The Simi Valley Real Estate market may have more personalities than Sybil. December saw the highest closed sales for single family detached homes in Simi Valley for 2009 with 98 closings. I believe that year end accounting for many of the corporate sellers [...]
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 [...]
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 [...]
by Ted Mackel on October 18, 2009
Simi Valley Housing Market Update YTD September 30, 2009 Simi Valley Home Sales are following the typical pattern we’ve seen over the last several months. Home sales are still below prior year levels and the impact of the first-time home buyer tax credit, historically low inventory, historically low interest rates continue to drive the entry-level [...]
by Ted Mackel on March 20, 2009
Simi Valley Dog Park Now Open (Map Below) I made it up to the Simi Valley Dog Park last Monday Evening with my pooch “Bentley”. I was quite surprised. I love the location. This section of Simi Valley in the Santa Susana Mountains is breathtaking and has the best views of the surrounding hills, canyons and valley…better [...]
by Ted Mackel on March 4, 2009
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 [...]
by Ted Mackel on February 10, 2009
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 [...]
by Ted Mackel on January 25, 2009
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 [...]
by Ted Mackel on November 13, 2008
Simi Valley Housing Market and Economy is in for long recovery If you want hype, then my Blog is not the place to hangout. If you want doom and gloom then think twice before you read this post. The future of Simi Valley’s housing market is no where near as rosy as many of my [...]
by Ted Mackel on October 7, 2008
Simi Valley Moorpark Real Estate Market Report – YTD Home Sales Below is the chart for all activity from 1/1/08 through 9/30/08 for Simi Valley and Moorpark Home Sales. Significant declines in Simi Valley Moorpark housing inventory from the beginning of the year till now is a leading factor in the increased sales volume. While [...]