Sales volumes of Simi Valley homes for July 2014 pulled back with 8% fewer homes sold compared to July 2013. While this may seem like a setback, sales were still strong breaking the 110 unit benchmark for the summer. Homes in the $500,000-$800,000 range saw increases in volumes. Average days on market trended closer to two months […]
Home Buyer Top Purchasing Attributes
Home buyer top attributes that make them fall in love with a home. Outdoor Living Spaces are high on priority for both men and women.
April 2014 Simi Valley Housing Sales Report
Simi Valley housing sales bounced back in April this year. After several consecutive months of sluggish sales, April 2014 matched April 2013 in the number of single-family detached homes sold. The median sales price over this 12 month period is up approximately 6%. 2013 saw a dramatic jump in home pricing which began to cool […]
Understanding What Multiple Offers Mean to the Market
There is always lots of hype when the Market is recovering or when it is doing well. The last 18 months has see a definite recovery for Simi Valley Real Estate and we did see many house sell with very competitive multiple offers. That is cooling off now however, there are homes that are still […]
What Do Buyers Want in A Neighborhood?
The California Association of Realtors published this info graphic, highlighting issues important to home buyers. Even communities such as Simi Valley should take note of this study as the younger generation replacement buyers look for these neighborhood features when purchasing homes. [wnt_grid maptype=”disabled” exactcity=”1″ ownertype=”all” paginated=”false” sortoptions=”false” maxresults=”3″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”CA” min_price=”600000″ max_price=”700000″ […]
Top 5 Upgrades Simi Valley Home Buyers look for in a Purchase
Simi Valley home owners considering selling their home who would like to know what upgrades will make the difference when it comes time to sell, should look at the following list to understand what kind of competition they may be up against in the market place. Home owners not looking to sell, but who are […]
The Appraisal Bottleneck Adding a Twist to our Current Simi Valley Real Estate Market
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 […]
Simi Valley July 2011 Home Sales Surge on Volume Average Sale Price drops $57k
See Simi Valley Homes For Sale under $300,000 The Simi Valley Real Estate Market is in the middle of a very interesting transition and while the traditional media and my industry tend to create reports that either cheer-lead or sell subscriptions; it would be prudent to really look at what has happened in July and […]
Asking for Closing Costs Could Cause Home Buyers To Over Pay For Their Purchase
Home Buyers many times ask Home Sellers for concessions or assistance when they make an offer to purchase a home. The typical request from a home buyer is for closing costs, a home warranty, repairs or for the seller to include certain personal property items for sale. This article will focus on closing cost requests […]
Simi Valley Home Sales Report for November 2010
Simi Valley home sales trends for November 2010 continued to match patterns we’ve seen over the last year. Volumes, pricing and most other factors remain unchanged month over month. While this stability is a good sign for the Simi Valley real estate market, most are still uneasy about future outlook of home sales. Interest rates […]
