Housing inventory has plummeted to 1.75 to 2.25 months supply for Simi Valley. This super tight market condition has real estate agents excited, home sellers excited and is creating stressed out buyers. While sellers have become more reluctant to put their homes on the market over the last couple months; the same pool of buyers […]
June 2010 Home Sales Report for Simi Valley Detached Homes
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 […]