I looked everywhere and am unable to find the real reason buyers are on the fence...they're sitting patiently, (impatiently for us!) waiting for Ventura County prices to drop more, looking at that Wood Ranch home seller to adjust pricing, waiting for the government to do something for them...waiting, waiting, waiting. Why?
Wouldn't it make sense that if a buyer is waiting for the prices to drop another, say,10%, that they make an offer on that Simi Valley foreclosure for 10% less...who knows if the bank will accept it. Stranger things have happened. My seller just accepted an offer for $20,00 less than their original "bottom line."
Simi Valley real estate listings are scarce...yes, inventory is low and there's no houses to sell, but the bargains for buyers are out there. Buyers just need to hop off the fence and make an offer on that Wood Ranch home they've been eyeing for so long.
Come on, folks, let take the hop together and see where it goes!
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