October Single Family Detached Home Sales for Simi Valley did not react much different that September. Volume is up over 2010 and 2009. Homes under $400k are pulling the lion’s share of the activity and as interest rates drop into low 4’s and high 3’s buyers still remain cautious. I mentioned last month the sluggish […]
I’d Like To Buy Your House For Cash – Beware of Short Sale Flipping
A series of news reports over the last few years are covering a problem that has hit the Short Sale Market. As in any market, if there is an opportunity, the opportunist go to work. This time they are trying to create screaming deals out of Short Sale properties. Beware of Short Sale Flipping These flippers […]
A Fistful of Dollars – Part II (attn: Simi Valley – Loan Modification)
As you know, the Federal Government announced a wide variety of very important changes for homeowners last Wednesday, March 4. Simi Valley home owners can start working on your own loan modification right now but you will have to wait a little longer for the 105% refinances. In the interest of keeping this email as […]