Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
What is a Sub Escrow Fee and why do I have to pay it? A Sub Escrow Fee is not an escrow fee. The Sub Escrow is a service provided by the Title Companies where the buyer’s lender requires the Title Company to take the buyer’s loan proceeds and send (via check or wire) the […]
October 2015 Simi Valley Housing Report will be a little different this time as new regulations imposed by the The Consumer Financial Protection Bureau under Dodd-Frank have caused new requirements in loan disclosures. These requirements are significant enough that Lenders are requiring 45 days for Escrow periods as opposed to a typical 30 day escrow. This longer […]
Did you know that there is a Simi Valley Senior Housing Rehabilitation Assistance program to assist low income homeowners rehabilitate their homes? Simi Valley Senior Housing Loans for Rehab are available up to $50,000 at 2% interest with no monthly payments. The loan is due only when you sell or refinance your home. These loans are […]
The September 2015 Simi Valley Housing Report is much the same as the last few months, median pricing is still moderately higher than January 2015. The number of homes sold is slightly up from the prior year. The most active range in the market continues to be homes in the $400,000-$600,000 range. This most active […]
The August 2015 Simi Valley Housing Report shows decent seasonal summer sales, however, median pricing tailed off just a little bit and total closed volume was lower than 2013 and 2014. Looking at the different pricing sectors for Simi Valley shows much of the same with sellers accepting offers below the original list price. The strongest […]
There are Two Home Renovation Projects That will Cost You Big Time. Proceed at your own risk. Decide if your comfort level is more important than what you might sell your house for several years down the road. If you think you may move soon, don’t make the following changes to your home. If you […]
The July 2015 Simi Valley housing report has some very interesting developments. The number of single family detached homes sold in July was 151. This is the highest on record since the housing bubble burst almost 10 years ago. Overall volume cooled in 2014 compared to 2012 and 2013, however, 2015 has had higher closing volumes […]
The June 2015 Simi Valley housing report shows that the number of houses sold has jumped 24.8% over the the amount sold in June 2014. Summertime always tends to drive higher sales as people try to move families before the new school year begins. Does a 24.8% increase in volume point to big price gains? When […]
The May 2015 Simi Valley Housing Report is showing stability in the market. May 2012, 2013, 2014, the number of units sold is relatively the same. Median home prices for Simi Valley in 2015 are 3.85% up from January to May. The market breaks down along affordability lines. Where homes are the most affordable, Sale […]
The Student Loan Obstacle – With an estimate 40 million American saddles with high student debt, potential new buyers in the market will be stymied as they are forced to rent.
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