365 Things to do in Simi Valley, CA & Ventura County - San Fernando Valley Real Estate Guide
Simi Valley's Insider's Guide to Real Estate Research & Home Owner Information
The Rancho Simi Recreation and Parks District has created a hunt for a medallion … [Read More...]
Looking for Things to do in Simi Valley for the Halloween Season? Mourning Rose Manor in East Simi Valley at 5250 Aurelia Street has been delighting Simi Valley Halloween fans for 6 years. Lydia and her husband have created a unique Halloween experience complete with Ghosts, Skeletons, Grave yard with Crypt, Spiders, Spooky Sounds and more. You can find out more at http://www.MourningRoseManor.com
Thank you for visiting the information page for 2848 Ivory Ave Simi Valley, CA 93063. This home is located in the Gem Tract in Central Simi Valley north of the 118 freeway near Galena and Alamo. Please enjoy the Video Tour.
For MLS data on 2848 Ivory Ave
2848 Ivory Ave
4 Bedrooms
2 Bathrooms
Approximate Interior Square Feet 1,948
Approximate Lot Size 9,288 Square Feet
New Exterior Paint
Dual Pane Windows
Tile Roof
Kitchen
Living Room
Do Simi Valley September Homes Sales show another false positive for the real estate market? In 2009 and 2010 September sales volume for single family detached homes tailed off after a 2008 rebound over a record low in 2007. Fast forward to today and low interest rates are enticing investors and home buyers to enter the market, however pricing is still flat. The market for homes below $400,00 is still leading the way with 53% of the sales for the month. 57% of those sales are dominated by Short Sales and Bank Owned homes. 25% of all the Simi Valley SFD homes sold were snapped up by all cash buyers and 40% with conventional financing. This high percentage of Cash and Conventional buyers shows that low interest rates combined with attractive pricing is bringing savvy real estate buyers to the table.
Pricing is in a low trough at this point and has remained in this trend for most of 2011. The mid to high $200k price point has solidified a low for Simi Valley Single Family Detached Housing and only dips below this range if the properties have significant damage. A recent article from CoreLogic® (NYSE: CLGX) stated:
“Even with low interest rates, demand for houses remains muted. Home sales are down in September and the inventory of homes for sale remains elevated. Home prices are adjusting to correct for the supply-demand imbalance and we expect declines to continue through the winter. Distressed sales remain a significant share of homes that do sell and are driving home prices overall,” said Mark Fleming, chief economist for CoreLogic.“
What does this mean for housing above the $500k price point? Those homes have trended selling at 8%-10% below the original list price showing the the market absorption rate for these houses is still dictated by buyer mood. The homes between $400k to $500k experience on average only a 3%-4% drop in price from List to Sell.
We can take away the following five points
A recent report on Mashable.com on how the real estate industry is using social media reported that only 12% of Real Estate Agents have a Youtube Channel.
Going back to 2008 there was big push from the industry for Agents to purchase Flip camera; over that time Kodak has entered the Market with shirt pocket sized cameras and the emergence of the iPhone and it’s influence over video on smart phones has really made many wonder why the Real Estate Industry is so slow to adopting a Video Marketing Plan. I have been consistently been using Video in my Real Estate business since 2007, in 2003 I had a goal to video all my listing and host them online, but prior to Youtube, bandwidth and hosting was a problem, let alone people at home with computers and connections fast enough to deal with online video then.
Fast forward to today and the neglect is astonishing. The iPad and android devices have people looking for more intense visual experiences, The maturation of Youtube over the last few years has made Youtube a viable means to distribute content for a Real Estate Agent if done correctly. So why only 12%?
There is a learning curve – editing and basic equipment usage really can make a difference in the outcome of the final production quality of video. Many simply refuse to learn some new skills.
Low Self-Esteem – Yes the same people who put their name and image on everything they hand out are worried about how they will look and sound on video.
Too much work – It is simple enough to get a couple dozen photos, make a slide show and call it quits.
Most research shows that home buyers respond highly to online property information with multiple pictures. The research also shows that buyers want to see more pictures. This is where real estate Video can dovetail and provide a marketing edge over listing that only provide photos.
So the question remains … Why would a home seller hire agents that don’t provide video home tours?
To see my Youtube Channel http://www.youtube.com/tedmackel
(Video Tour) If you are looking at Homes for Sale in Simi Valley, 2767 Licia Place could be your next home. A very well maintained 4 bedroom two and half bathroom home in Simi Valley’s Kingspark tract near Sycamore and Alamo is centrally located, has quick access to the 118 freeway and is close to shopping including Sycamore Plaza and the Simi Valley Town Center.
Link to see MLS details for 2767 Licia Place including price and pictures
Property Information (Seller Provided)
Location – Neighborhood – Single Family Detached Style Homes
Area Amenities
Location – Savings
Updates and Upgrades
Master Bath (Remodeled Two Years ago)
Hall Bathroom (Remodeled two years ago)
Exterior and other Features
(Video Below) The Simi Valley Fair & Music Festival, formerly called Simi Valley Days has included a 5k – 10k run almost every year in the last 25 years I can remember. The race has taken on a few different routes and this year’s race was no exception. The Start – Finish line began in Rancho Simi Park’s Parking lot off Thompson and sent runners into the arroyo and out on to Erringer. The course went east on Los Angeles Avenue shortly before retuning back to the Arroyo heading East to First Street for those ready to tackle the 10k distance. All levels of runners, joggers and walkers were welcome. Make sure to get over to Simi Valley Fair & Music Festival’s Facebook page and click the like button so you can stay in touch with next year’s schedule of events.
Simi Valley Homes Sales in August 2011 for single family detached units slowed. The pullback is not alarming and was something I anticipated after such a strong showing in July for the following reasons:
The average sales price showed some rebound, but I want to recap what the average sales price and the median sales price really tells us.
If you look at the charts I post each month, I break down the sales in price brackets by $100,000 ranges. You can see each month that the bulk of all Simi Valley single family detached homes are selling under $500,000. Some months no houses sell in the upper end of the market and when this happens the average sales price can swing pretty dramatically. In the recent months that swing was influenced by a larger number of homes selling under $300,000. This trend started in January 2011 and continued on through August.
The Average Price method of looking at the market can give a good idea of how the upper end of the housing market is moving. dramatic decreases in average sales price indicates the upper end units are not selling. While the the Median price reveals more of how the average all market is reacting in general.
The last three years has revealed that the low end is selling, what is interesting to watch is how the upper end of the Market (above $500,000) is selling. When Prices are aggressive and interest rates are low investors and landlords come in on the lower end properties as we have been seeing this year in Simi Valley. The general public typically lags behind the investor activity. A healthy market in the upper price ranges can indicate better employment opportunities (an improving economy). It can signal that employers may look to Simi Valley as a place to locate and it can bolster the local economy with a higher demographic of shoppers, all of which can influence property prices upward.
The summary is that the upper markets are still struggling, and the over all perception of good buys is fully being realized by investors and those with conventional financing looking to lock in low interest rate for the long haul.
Past Market Reports:
Thanks for reading Simi Valley’s Premiere Real Estate Blog!
Author – Ted Mackel Simi Valley Real Estate Agent – Keller Williams Realty
Ted Mackel is a top producer at Keller Williams Realty Simi Valley,
specializing in Simi Valley Real Estate
(805) 432-7705
(Video Below) Whether your home is in Simi Valley, the west San Fernando Valley, Moorpark, Thousand Oaks, Newbury Park or in-between, I have been working with custom signage for 3 years now. I have been looking at ways to improve on the custom sign and the picture to the right is the new design I rolled out last week. The same printing technology used in vehicle wraps is what makes this possible for the real estate industry.
The purpose behind the custom sign follows three main ideas:
One thing I need to stress, is that much of the internet content out today can be viewed on smartphones, the difference in the mobile technology I am using is that it is specifically designed and formatted for display on mobile phones. If you have a mobile phone type in the following address and you will see:
http://iflymobiapp.com/callevista
If you are trying to view this on your laptop or home computer you can see the formatting is designed for mobile devices.
I have been working on this for a long time and continually monitor feedback from buyers and will continue to do so. You can see my video below from 2008, this listing was one of the reasons I started working on these signs.
One other interesting thing I came across in my discussion with potential home buyers who called off my signs is, I always ask, “how many properties did you print out at home before coming to drive Simi Valley neighborhoods?” The response has always been “No list, just driving neighborhoods”. I thought that this was odd with gas pricing over the last 3 years, but this even more shows how important the sign in my client’s front yard is. If the drive-bys have not previewed the house on the internet, then the custom sign and it’s teaser ability to get drive-bys to stop their car is very important.
Keller Williams Realty gives me that ability, to create this custom marketing where many real estate firms are more interested in promoting their firm and not your house. While some of my branding is on this sign, the focus is your house with the customization. The point is, when I put the sign in your front yard am I selling your house or my firm? Think about that as you drive through any neighborhood and see For Sale signs.
In July I wrote Why QR codes won’t sell your Simi Valley Home and was very critical of QR codes for real estate use. My 4 points of 1. Mobile Friendly, 2. Tracking, 3. Regurgitation, 4. Understanding have all been addressed in my design and implementation, will the QR code sell your house? No, #1 the Price, Condition and Location are the biggest factor in the ability to get your home sold. No amount of advertising can sell an overpriced home. Ultimately, the goal is to get as many eyes on the property as possible and be competitive with the surrounding homes. The custom yard sign is just another piece of that plan to reach the goal.
I would love to hear your comments below, thanks for reading.
(Video Below) What happens when you have a dynamic leader, a seemingly impossible goal and a group of dedicated people? You get over 2500 people to show up on a Sunday evening for Simi Valley’s very first Dream Cuisine.
Father Joseph Shea came to St. Rose Lima just two years ago. From the first day, the parishioners knew things would be different. Father Shea is known for big goals and the ability to motivate people to do things they might normally shy away from.
Saint Rose of Lima Christian services working together with Serving Those In Need, Inc. have been serving the poor, the needy and the homeless in Simi Valley for the past 45 years. All proceeds from the Simi Valley Dream Cuisine will help support this invaluable service. Additionally this will also help needy students of the St. Rose of Lima School.
The Simi Valley Dream cuisine provided an opportunity to dine on gourmet foods from Simi Valley, Moorpark, Thousand Oaks and from the San Fernando Valley’s finest restaurants. Those that attended enjoyed food from over 50 restaurants, sipped on fine wines from some the most prestigious wineries, drank beer from well-known breweries and taste desserts from outstanding bakeries and establishments. In all there were 78 different vendors at the event covering just about any kind of food you could imagine.
Tickets were $60.00 per person, $100 per couple, which was a complete bargain. Enjoy the video below and plan to attend next year.
What is customary for a buyer and seller varies from state to state and in some states like California what is customary for buyers and sellers in Southern California may be different than in Northern California. The following list is what is generally customary for Home Buyers and Sellers in the Simi Valley and Southern California area on purchases, not involving distressed properties (i.e. Short Sales and Foreclosures/Bank Owned):
The SELLER can GENERALLY be expected to pay:
The BUYER can GENERALLY be expected to pay:
Related Articles:
Ted Answers Trulia Voices
The Rancho Simi Recreation and Parks District has created a hunt for a medallion in their Parks throughout Simi Valley. They have placed the Medallion in one of the parks and when found take it to their offices on Sycamore Drive. Clues as to where to look will be posted on the RSRPD Facebookpage. [...]
Looking for Things to do in Simi Valley for the Halloween Season? Mourning Rose Manor in East Simi Valley at 5250 Aurelia Street has been delighting Simi Valley Halloween fans for 6 years. Lydia and her husband have created a unique Halloween experience complete with Ghosts, Skeletons, Grave yard with Crypt, Spiders, Spooky Sounds and [...]
