Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
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 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 […]
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 […]
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 […]
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 […]
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 […]
Volumes for September 2013 Simi Valley home sales were down 10% compared to September 2012. The median home price is up 16.49% compared to September 2012. With the increase in home price and with 30 year interest rates over 4%, this 10% reduction in sales volume is not a surprise. Prior to this increase in […]
The Flow Chart below illustrates the short sale process from the time an offer is received until the Short Sale is approved. What is in the Seller’s Package typically? Financial statement Hardship Letter detailing the particular hardship that has interfered with the seller’s ability to meet the current loan terms (payments). Copy of pay stubs […]
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