12 Tips To Make Your REO Offer More Attractive (Bank Owned Homes) Currently I represent a local Southern California Bank with their REO (Bank Owned) properties in Simi Valley, Moorpark, Camarillo, the Conejo Valley and West San Fernando Valley. I have also represented buyers on other bank owned homes. Below are 12 tips to help […]
3 Signs your home is not Ready to Show- (Simi Valley Homes for sale)
I was out this week showing Simi Valley homes to clients and the bank owned Simi Valley homes (REOs) have enough issues that can be understandable; however, the owner occupied properties could really use some help as well. I shot a few pictures while out and decided to bring up this topic again as Simi […]
June 2010 Home Sales Report for Simi Valley Detached Homes
Looking at the numbers for June 2010, Simi Valley home sales look promising. Once you look past the surface of the reported numbers, some concerns become apparent. The federal tax credit set up to entice first-time home buyers with $8000 and move up buyers with $6500, was conditioned that those buyers needed to have a […]
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 […]
Mackel Family Legacy for Southern California Real Estate
My uncle Larry has been the unofficial Mackel family historian. When my grandfather died in 1992, Larry was very good at bringing out many artifacts from my grandfather’s youth. One of the more interesting items was his savings account passbook from Security Pacific National Bank and it was fun in looking at the kind of […]
Impacting Home Values Is the Real Estate Industry Heroes or Villains? (Video Blog)
Impacting Home Values Is the Real Estate Industry Heroes or Villains (Video Blog) In this Video Blog this will be the beginning of discussion on how values are determined for your home. There are many factors involved in home valuation so please stay tuned for the second part of this series. In this episode I […]
Simi Valley Home Sales Report YTD – December 31, 2009
In this year to date Simi Valley Home Sales Report, I am going to first cover what happened in December and then look at the year as a whole, with a prediction of how I see things shaping up for the 2010 Simi Valley real estate market. I am seeing similar activity in the West […]
The Lunatics Have Taken Over The Asylum
The lunatics have taken over the asylum. (CNBC video interview at end of this post) Beside being the song title of a 1980s new wave band (Fun Boy Three), the title of this post may be more accurate than even I realize. I follow the papers, several blogs including Calculated Risk, Square Feet Blog, industry […]
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 […]
False Recovery? How Fragile is the Simi Valley Real Estate Market
False Recovery? How Fragile is the Simi Valley Real Estate Market This is a chart I whipped up last year trying to illustrate what a mortgage interest rate does to the real estate market when it goes over 6%. I might have posted it before, but it really needs another look at with our current […]
