Finally, Simi Valley Welcomes Arby’s Roast Beef. Residents of the City of Simi Valley have for years spoke out at neighborhood councils, city council, planing commission meetings and various online groups for the need of an Arby’s restaurant and it is finally here. The Restaurant is located at 1408 East Los Angeles Ave and has replaced the […]
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 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 […]
Real Estate Bubble or Supply and Demand Issue?
New plumbing fixture law California Civil Code § 1101.4
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
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 […]
Loans The difference between a pre approval and pre qualification
October 2016 Simi Valley Home Sales
If you read last month’s report, October 2016 Simi Valley Home Sales illustrates perfectly what happens to the median home price when a larger than normal percentage of luxury homes sell over the lower end of the market. There is plenty of good news however as the saying goes devil is in the details. The […]
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, […]
September 2016 Simi Valley Home Sales
September 2016 Simi Valley Home Sales were 4.64% lower in median price than September 2015. While this does not indicate any immediate trends for the market, it does align with the affordability problem Simi Valley is beginning to see as well as the entire state of California. If you have been reading these monthly updates […]