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 […]
August 2016 Simi Valley Home Sales
How did August 2016 Simi Valley Home Sales fair? The market sent many mixed signals. Lower end houses sold for an average of 3.5% to 4.5% below the original asking price. Simi Valley homes under $400,000 were all serious fixer opportunities. Days on market is still hovering at two months. Homes in the $500,000 to […]
Who pays for What? Simi Valley Home Buyers & Home Sellers want to know
Who pays for What? What costs are 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 […]
2015 Simi Valley Housing Report
2015 Simi Valley Housing Report With 2015 closed let’s look back and see how the market performed to see if there are any signs that might carry into 2016. Simi Valley saw it’s second highest closed sales volume in the last 10 years, with 1,263 homes sold. 2012 saw 1,282 homes sold, but that was the […]
November 2015 Simi Valley Housing Report
The November 2015 Simi Valley Housing Report shows sales have slowed a little compared to November 2014 and significantly from last month.. While this is happening and may cause some concern, new lending requirements under the new TILA-RESPA Integrated Disclosure Rule (TRID) have caused home purchasers to request 45 day escrows to deal with the requirements […]
September 2015 Simi Valley Housing Report
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 […]
Simi Valley Housing Market Report November 2014
The Simi Valley Housing Report shows Single Family detached homes sales were slightly higher than November of 2013, however the the median price retreated as well as the average sale price. The luxury market is still selling however Simi Valley homes are on average (across all sectors) selling for approximately 3.83% below the original list. Much […]
Simi Valley housing Market Report October 2014
The Simi Valley housing Market Report for October shows that sales volumes of single-family detached homes in Simi Valley California were strong for October 2014. Higher-priced homes still remain the reason for an increase in median home price and average sale price. There were eight properties that closed escrow in the $800,000 to $900,000 range these sales […]
Simi Valley Housing Market Report September 2014
The Simi Valley Housing Market Report for September 2014 remained relatively unchanged following the same pattern and trend as August. Housing in the upper end and luxury market for Simi Valley is helping move the median and average pricing upward with the bulk of the sales continuing to occur between $400,000 and $600,000. Lower interest rates in […]
Simi Valley Flood Insurance A Property Owner Headache
Simi Valley property owners who are considering selling their property, whether residential or commercial, need to be aware of the current flood maps for Simi Valley Insurance requirements. If their property is located in a flood zone, the flood zoning can create many problems for the seller or purchaser of those properties. Present government studies […]