market reports: 30% loss in value - Simi Valley Wood Ranch Home Sales Data 2006 through 2010 - 07/24/10 12:17 PM
Earlier this decade when money was flowing, homes were selling like hot cakes and cab drivers were flipping houses like seasoned real estate investors, many wondered if they would ever be able to afford a house in Simi Valley's Wood Ranch. My, have the tables turned in just four short years. The good news for those who were forced to the sidelines and wondered if Wood Ranch would ever be attainable, is:
Low interest rates, A banking industry that will be reeling for years as its slugs through hundreds of thousands of bad mortgages and The California economy that's going … (0 comments)