The Simi Valley Housing Market continues to show mixed signals. If you talk to most buyers and Real Estate Agents, they will tell you how hard it is to find a home. They will tell you about all the homes that are selling with multiple offers and that there are just not enough properties available for sale. Even […]
Simi Valley July 2012 Home Sales Report
If Simi Valley home sales remain strong, how come pricing remains flat? Before I bore you with all the detail and numbers, here’s a layman’s version for what is happening in the market. The available number of homes for sale in Simi Valley is extremely tight. Interest rates for home loans are at a […]
Simi Valley June 2012 Sales Report
Some of the effects of low inventory are starting to set into the Simi Valley housing market. Generally when inventory tightens and home buyer choices are limited, competition for existing homes should drive prices upward. In talking to home sellers across Simi Valley and experience from the transactions I have been involved in recently; when […]
Low Inventory Gives False Signals on Real Estate Recovery
The Simi Valley Real Estate Market has changed dramatically in 2012, but not in the the ways most would hope for. There are several major factors fueling the market, but like any house of cards, what has happened since March of this year can stop as fast as it has started. While real estate places […]
Simi Valley May 2012 Home Sales Report
Sales Volume for Simi Valley Single Family Detached homes is still strong, however Median and Average Sales prices retreated from the year’s high in April. This was the strongest May we have seen going back to 2006 and the highest monthly sales volume for 2012. Interesting that we have increased sales volumes, yet the pricing […]
Low Ball Offers Should You Write One?
The Simi Valley Real Estate Market has lost as much as 50% or more in many tracts since the “bubble burst” Last year the market lost 12% alone when many were trying to proclaim recovery. Those looking to purchase property continually ask the question “Are we at the bottom?” We know that timing the bottom […]
Simi Valley March 2012 Home Sales Report
Simi Valley single-family detached home sales for the month of March 2012, significantly out paced each March since 2007. The last time more than 100 single-family detached homes sold in the month of March for Simi Valley was in 2006 before the bubble burst. Does this mean the market has recovered and happy days are […]
Simi Valley December 2011 Home Sales Report
This is the second year in a row that Simi Valley Home Sales Spiked in December. Does this indicate a turn around in the Simi Valley housing Market? Not necessarily and here are the reasons why. December 2007 only 42 Single Family detached homes close escrow in one of the lowest volume months for Simi […]
Simi Valley November 2011 Home Sales Report
The year is wrapping up. Simi Valley Home Sales or should I say the number of homes sold for the year are improving. Prices many not have improved, but the increase in volume is always good for housing. The questions for Simi Valley are who is buying and what is selling? The trend continues with […]
Simi Valley CA 93065 Homes For Sale
(Video Tour) If you are looking at Homes for Sale in Simi Valley, 2767 Licia Place could be your next home. A very well maintained 4 bedroom two and half bathroom home in Simi Valley’s Kingspark tract near Sycamore and Alamo is centrally located, has quick access to the 118 freeway and is close to […]