Simi Valley home sales saw the second straight month with the highest volumes since 2006. However, mimicking February, we are still seeing more listings and more sales below $300,000 and the final sales ratios averaging more than 5% below the original list price. Good thing, but home sellers and homeowners I speak with are more […]
Simi Valley Homes Sales Report for February 2011
Simi Valley single-family detached home sales for February 2011 saw the highest volumes since 2006. While the typical response to a record month of sales was jubilation and claims of market recovery, looking closer at the numbers shows that while there was an uptick in the number of homes sold the market still has a […]
Simi Valley Home Sales Report for January 2011
Simi Valley family detached home sales report for January 2011 really doesn’t jump out compared to last couple of years; pretty much the same activity. Sales under $500,000 continue to dominate the market, with sales under $300,000 continuing to show the market moving along a base price point. The year-over-year average sales price remains in […]
Simi Valley Home Sales Report for December 2010
Simi Valley home sales for the month of December 2000 and finished off strong and in similar fashion as we saw in December of 2009. The higher volume and sales is not an indicator of market recovery for the following reasons. We’ve seen an increase of homes for sale under $300,000. The distressed market consisting […]
Trulia Voices Answers Understanding Short Sales Buyer’s Purchase Contract Issues
Short Sale Buyer Contract deal points can make or break a short sale. In this video blog I go over the Short Sale Addendum for a quick overview of the form and some commentary on how it can help protect the buyer in the transaction. Make sure to read: Simi Valley Short Sale Information here […]
Understanding Home Valuations – Broker Price Opinions (BPOs)
Understanding Home Valuations – Broker Price Opinions (BPOs) This Video segment covers the “BPO” AKA Broker Price opinion. What is a BPO? How is it conducted? Who orders a BPO? How many BPOs are ordered? These are some of the topics covered. In the segment that will follow this, I will explain how these values […]
Contingent Simi Valley Homes in Escrow out number Sales by 3 times, why?
Contingent Simi Valley Homes in Escrows out number Sales by 3 times, why? As a Realtor, I have access to detailed information on all the Home Sales activity posted in the multiple listing service. My avocation of real estate blogging pushes me to dig deeper into the numbers so I can provide a better economic […]
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 […]
Simi Valley Home Sales Report YTD – November 30, 2009
Simi Valley Home Sales have been moving along at a similar pace and not much has changed. Inventory is still extremely low. There really is not much new to report in that the Tax Credits, low interest rates and low inventory are producing false positives for the news media to feed off. Simi Valley Single-Family […]
