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 […]
HVCC impacts Simi Valley Homes For Sale
HVCC impacts Simi Valley Homes For Sale HVCC – HOME VALUATION CODE OF CONDUCT History: New York Attorney General, Andrew Cuomo investigated Fannie Mae and Freddie Mac appraisal practices. Fannie and Freddie (with the Office of Federal Housing Enterprise Oversight (aka – OFHEO) agreed to adopt new changes to how appraisals are processed in the […]
Simi Valley Homes For Sale Market Report May 31st 2009
Simi Valley Homes For Sale Market Report May 31st 2009 My Video Commentary on the current Simi Valley Real Estate market conditions will follow shortly. For now the closing numbers up through the end of May are below. Oh Yeah, no we have not hit bottom yet…..I’ll explain later. Activity – Single Family Detached Homes […]
Fannie Mae & Freddie Mac Look Up for Simi Valley Home Owners
Fannie Mae & Freddie Mac Look up for Simi Valley Home Owners The government is doing everything it can to keep stability in the housing markets. 75 million was set aside to try and help 3-4 million homeowners with Fannie Mae and Freddie Mac backed loans get help with refinancing. This assistance was designed to help […]
Video Technology helps sell Simi Valley Real Estate
Video Technology helps sell Simi Valley Real Estate (April 2, 2009 Pasadena California) Simi Valley local real estate agent Ted Mackel with Keller Wiliams Realty presented on full motion video home tours and video blogging in real estate at the Los Angeles Real Estate Barcamp. Attended by approximately 300 real estate agents, mortgage brokers and […]
Simi Valley Included In The Top 10 Most Improved Selling Zip Codes
Simi Valley Included In The Top 10 Most Improved Selling Zip Codes A recent Businessweek article includes Simi Valley’s 93065 zip code as the 6th most improved area for real estate sales. This is welcome news but when taken in context, the same period the year before was terrible. Anything would have been an improvement […]
Foreclosure Pitfalls – Buying Bank Owned Properties Part II
Foreclosure Pitfalls – Buying Banked Owned Properties Part II The following photos really illustrate how tricky the foreclosure market can be. The damage in this property pretty much eliminates 75% of all qualified buyers as only very particular financing is available for this type of property. What I could not capture in the photos is that […]
Morgage Markets – A Fistful of Dollars
American Recovery and Reinvestment Act of 2009 Guest Post from Michael Chabot Hi Everyone, In keeping with the “The Good, the Bad and the Ugly” theme of previous email updates, I thought I should go in another direction with the Clint Eastwood thing thanks to the amazing effort about to be put forth by the […]
Phantom Inventories can be Deceiving (Simi Valley housing report)
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 […]
Northridge Earthquake 15 year Anniversary
Northridge Earthquake 15 year Anniversary Yesterday was the anniversary of the 1994 Northridge Earthquake. I was living in my second floor Simi Valley Sinaloa Villa Condominium when my wife and I were shaken beyond anything we had felt in our lives as native residents of southern California. My kitchen cabinets and refrigerator were emptied on […]