by Ted Mackel on July 14, 2010
Distressed Real Estate & Skateboarding, these are two things I have seen go hand in hand my whole life. In high school and college as a skateboarder and as a Real Estate Agent the lure of a vacant pool to today’s young riders. Here is a short film on Vimeo from the Skateboarder’s Point of [...]
by Ted Mackel on July 12, 2010
Looking at the numbers for June 2010, Simi Valley home sales look promising. Once you look past the surface of the reported numbers, some concerns become apparent. The federal tax credit set up to entice first-time home buyers with $8000 and move up buyers with $6500, was conditioned that those buyers needed to have a [...]
by Ted Mackel on May 12, 2010
My uncle Larry has been the unofficial Mackel family historian. When my grandfather died in 1992, Larry was very good at bringing out many artifacts from my grandfather’s youth. One of the more interesting items was his savings account passbook from Security Pacific National Bank and it was fun in looking at the kind of [...]
by Ted Mackel on March 11, 2010
Impacting Home Values Is the Real Estate Industry Heroes or Villains (Video Blog) In this Video Blog this will be the beginning of discussion on how values are determined for your home. There are many factors involved in home valuation so please stay tuned for the second part of this series. In this episode I [...]
by Ted Mackel on January 10, 2010
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 [...]
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 September 20, 2009
Conejo Simi Valley, Moorpark Multiple Listing Service – Flawed Data Days on market is a number used to try and gage how the market is moving. I am going to point out why this number is becoming very unreliable. Two abbreviations you may hear are Days On Market DOM and Cumulative Days On Market CDOM. [...]
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 [...]
by Ted Mackel on June 22, 2009
National Economic Woes will impact Simi Valley Real Estate I am posting two clips from youtube. This first clip was from January 39th and the second is from May 6th; this should cause all great concern. The housing market is not going to recover anytime soon. Our national economy and our state economy are in [...]