Are we emerging from a depressed Real Estate Market in Simi Valley? Are you hearing rumors that the market is picking up? Well before getting to worked up over some promising numbers let’s dive in for a closer look to the activity in Simi Valley and understand what is going on. Simi Valley Home Sales […]
Simi Valley February 2012 Home Sales Report
Sales of single-family detached homes in Simi Valley are getting interesting. February’s numbers are showing support of my discussion that we are near or at a market bottom. Now those that live in hype, the carnival barker types, are probably out on every street corner prematurely celebrating recovery. Taking time and looking at what has […]
Simi Valley January 2012 Home Sales Report
After increased sales in December should we expect a carry over into the new year? Probably not. January closings for Simi Valley Single Family Detached (SFD) homes back off as I suspected. This retraction does not indicate another drop in prices, but is more of the same of what we have seen over the last […]
Simi Valley June 2011 Real Estate Market Report
The Simi Valley June 2011 Real Estate Market Report is showing some improvement for June single family detached homes (SFD) sold. Average home price for Simi Valley rose approximately $30,000.00 on increased volume. While the rise in average sale price may be encouraging, it is premature to present this as any sign of recovery. The […]
Simi Valley Detached Home Sales Market Report Ending May 2010
Simi Valley detached home sales for May of 2010 essentially matched the results of May 2009. While May sales saw an increase in sales volume over the first four months of 2010, the expiration of the tax credit should have accounted for a higher sales volume. The federal tax credit deadline finishes on June 30 […]
Simi Valley Homes For Sale Market Report for April 2010
Simi Valley homes for sale for the month of April 2010 had a slight uptick. The gain in average sales price and the slight gain in the total number of Simi Valley homes sold, is largely related to the federal tax credit that expired April 30. Effects from the federal tax credit will be seen […]
Simi Valley Home Sales Report YTD – October 31, 2009
Simi Valley home sales were down in October 2009. This is very interesting in that the market has been pushed in a positive direction by the first-time home buyers tax credit. In September and October buyers knew that the tax credit was scheduled to expire on November 30, this should have reflected in an increase […]
Simi Valley Housing Market Update YTD July 31, 2009
Simi Valley Housing Market Update YTD July 31, 2009 The Simi Valley housing market has not been boring lately. Extremely low inventories, Super Low interest rates and the $8,000.00 Federal Tax Credit which expires December 1st have buyers whipped up into a frenzy competing for very few homes for sale. This situation has stabilized the […]
Simi Valley Homes For Sale Market Report May 31st 2009
Simi Valley Homes For Sale Market Report May 31st 2009 My Video Commentary on the current Simi Valley Real Estate market conditions will follow shortly. For now the closing numbers up through the end of May are below. Oh Yeah, no we have not hit bottom yet…..I’ll explain later. Activity – Single Family Detached Homes […]
Simi Valley Real Estate Market Report YTD April 30 2009 (Video Blog)
Simi Valley Real Estate Market Report YTD April 30 2009 The table below contains the Simi Valley Homes for Sales numbers and closing numbers Year-To-Date April 30, 2009. One number that our Multiple Listing Service Statistical reports do not separate is the Active Listings. Our Simi Valley Multiple Listing service lumps the homes in “Back […]
