The number of Simi Valley Single Family Detached Home Sales for the month of October 2012 is up, while median price is flat. Sales remain strong and October was no exception beating out the average of 115 sales per month up to 121. Inventory has dropped below a one month supply for the first time. […]
Simi Valley September 2012 Home Sales Report
Homes Sales in Simi Valley for the month of September backed off slightly. The monthly average of 115 sales dropped to 109. While September is a busy month for many families, the restricted inventory and low interest rates still did not deter solid interest in home purchases. The Simi Valley housing market is very stable […]
Simi Valley August 2012 Home Sales Report
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 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 […]
Altos Research CEO Michael Simonsen on the Fox Business Network discussing the future of the US housing market
Altos Research CEO Michael Simonsen on the Fox Business Network discussing the future of the US housing market I met Mike a couple years ago at Real Estate Bar Camp. Mike’s Company provides very robust Real Estate statistical data. Altos Research. Great to see him on Fox News. Congratulations Mike!
