Simi Valley - 1st time Home Buyers Tax Credit Uncertainties - 10/29/09 01:14 PM
Simi Valley - 1st time Home Buyers Tax Credit Uncertainties
The tax credit for 1st time home buyers is ending on November 30th.  If you do not have a home in escrow by tomorrow, unless your offer is all cash, it will be difficult to get a financed purchased closed by November 30th.  The Thanksgiving Holiday will shorten the time for lenders to fund loans considerably.
There is much discussion in the media about an extension, but that is still far off in the distance as the Senate and Congress discuss options to include regular home owners in the program with … (0 comments)

Simi Valley Homes Sales Volume January through September 2009 - 10/18/09 01:20 PM
Simi Valley Homes Sales Volume January through September 2009
 
This is the chart for Simi Valley Single Family Detached Homes only. The trend of the entry level market dominance is evident by the graphic.  Looking at the list price to sale ratio is another important factor as well.  At the very bottom end of pricing the list to sell rations are close to 100%.  As the pricing moves up home sales begin to average 97% and at the upper end of the market, Simi Valley homes are selling for 94% of the listed price.
 

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Help Stop the spread of H1N1 in Simi Valley - 10/15/09 03:19 PM
Help Stop the spread of H1N1 in Simi Valley (youtube video clip) This is a public service announcement

The ad firm that put this together used some cool retro flash animation. I am ready to see those old Duck and Cover public service announcements. We have had a few cases of H1N1 here in Simi Valley. I am trying to stay healthy. … (3 comments)

Simi Valley Homes Sales Volume down 11.1% - 10/02/09 03:11 PM
Comparing September 2008 with September 2009, this really is not very alarming other than September 2008 had some very troubling developments.  Fannie Mae and Freddie Mac were taken over by the government; AIG, Indy Mac, Lehman, JP Morgan Chase and Merrill Lynch created a panic, yet more homes sold in September 2008 than September 2009.  Part of this phenomenon is that the real estate market is not in recovery yet and the other part is that we are in a normal market trend period.
I have been digging around for this chart in my file cabinet and scanned this chart in … (0 comments)

 
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