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Market Updates

Simi Valley Home Sales Report For July 2010

by Ted Mackel on August 10, 2010

The  number of single-family detached homes sold in Simi Valley for the month of July 2010 pulled back from a robust June market. There really is no significance in the decline for the following reasons. The federal tax credits expired June 30, there was a rush to close escrow’s to qualify for the tax credit. [...]

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Simi Valley Housing Market Update YTD September 30, 2009

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 [...]

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Simi Valley Moorpark Real Estate YTD Sales Report through February 2009

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 [...]

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Simi Valley Housing Sales Volumes 2006-2009 (Easy Charts)

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 [...]

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Phantom Inventories can be Deceiving (Simi Valley housing report)

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 [...]

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