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Simi Valley, CA Real Estate News

By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
THIS WEEK: March 9th, 2015 the median list price for a single family home in SIMI VALLEY, CA is $624,975.00 Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.  SUPPLY AND DEMAND: Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.  Click here to download FULL report I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed. If you are interested in more markets, don't hesitate to ask.
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By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
THIS WEEK: March 2nd, 2015  median single family homes  list price in SIMI VALLEY, CA is $629,000.00   Inventory is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.    SUPPLY AND DEMAND:   Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.   Click here to download full report    I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed. If you are interested in more markets, don't hesitate to ask.   Cou...
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By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
THIS WEEK:   February 23, 2015 the median list price for a single family home in SIMI VALLEY, CA  is $620,000. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.  SUPPLY AND DEMAND: Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.  Click here to download full report I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed. If you are interested in more markets, don't hesitate to ask.   Courtesy of Local BHHS Realtor: Carmela Jacobs (...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
By Chris B Johnson Realtor, Simi Valley Short Sale, Moorpark Short Sale Ventura County Short Sale,  Moorpark Short Sale , Thousand Oaks Short Sale, A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in recent years. That low rate, combined with a strong rental market, means they can charge more in rent than they pay in mortgage each month... so they are going for it.” This logic makes sense in some cases. Residential real estate is a great investment right now. However, if you have no desire to actually become an educated investor in this sector, you may be headed for more trouble than you were looki...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Real Estate Market summary for the last month of summer, August 2014:     August 2014 home sales in Simi Valley remained strong. However, home prices  and sales  cooled down a bit and  will probably remain on the same level in the next few months. Inventory remains low: 4 months only~ Seller's Market, yet the market is swinging toward the buyer.     Good to know: Estimated Population of Simi Valley is 77,787 residents what represents 11%  population growth since 2000. Median age: 35.73. Almost 1/2 of households have children. Expect to pay about $1,000 for a studio, $1,400 for 2BR and $2,300 for 3br. Annual Residential Turnover is near 18%.  Majority of residents are 'blue collar'=78%. The area's safety rating is 95( Scale: 1-worst, 100-best)   ******** Percentage of properties in Each ...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
  By Chris B Johnson Realtor,  Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Thousand Oaks Short Sale, Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of whatyour home is worth Click Here: You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinking about a short sale I can help you get an accurate value for your home and get back on your feet. If you would like periodic updates on what is going on in Your Neighborhood or the Ventura County Real Estate Market, Click on the Links! Thanks for reading this,   Chris B ...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
By Chris B Johnson Realtor,  Simi Valley Short Sale,  Moorpark Short Sale , Thousand Oaks Short Sale,  Ventura County Short Sale, The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. If you would like periodic updates on what is going on in Your Neighborhood or the Ventura County Real Estate Market, Click on the Links! Thanks for reading this,   Chris B Johnson. Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices . Phone: 805-208-0823. email cjohnson@BHHScalhomes.com. Certified HAFA Specialist Certif...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
By Chris B Johnson Realtor, Simi Valley Short Sale, Moorpark Short Sale , Ventura County Short Sale, Thousand Oaks Short Sale Looking for help? I can help you get your Single Point Of Contact, obtain a Loan Modification or Short Sale your property and get back on your feet. Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation. When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823. Discover how other sellers successfully completed a short sale and request a free consultation by clicking here. Thinking about a loan modification? Our Moorpark loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click h...
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By BallenGroup California, Community Manager
(The Ballen Group)
Simi Valley Real Estate $200,000 - $500,000. Call 800-805-8354 anytime to arrange an in-house consultation to determine your purchasing power and to discuss the home buying process in Simi Valley. Our team of specialist are here to help. Have a home in Simi Valley to sell? Call 800-805-8354 to discuss your potential home value and our comprehensive marketing plan.
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By Cheryl Clayton, Conejo Valley and Simi Valley Realtor
(Westlake Village home buyers and sellers Thousand Oaks homes)
Don’t Forget … Tonight is the last night of the    8th Annual Summer Sunset Dinner Series Ronald Reagan Library With     The Long Run Band Paying tribute to the ‘Eagles’ August 21 - 5:30pm to 9:00pm     This is the last in the Sunset Dinner Series for 2014 and you won’t want to miss this exciting and unforgettable event – a tribute to the ‘Eagles’ by The Long Run band!   The Long Run band comprised of extraordinary musicians has entertained audiences from the East Coast to the West Coast. You won’t hear any other band that can play the ‘Eagles’ like The Long Run band as it promises to provide a most memorable evening.   Come join us for an electrifying time listening to the great hits of the ‘Eagles’ like ‘Take It Easy’, ‘Hotel California’, plus many, many more of their celebrated tunes...
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By BallenGroup California, Community Manager
(The Ballen Group)
You've worked hard to save the money for a down payment, and you’re about to make one of the most important decisions of your life and buy a home. Not only is it one of the most important decisions of your life, it is one of the largest purchases you are likely to make in your life time. Do you really want to walk this path alone? Alternately, maybe it’s time to sell your current home and fulfill your dreams of retiring to a smaller home that will allow you to travel and see the world. You don’t want to wait years, deal with all the paperwork and details, do you? No, I’m guessing you want to sell your home as soon as possible and begin living that dream. Sure, you can buy a home or sell a home without the help of a real estate professional, but let’s look closely at the benefits of cho...
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By BallenGroup California, Community Manager
(The Ballen Group)
Whether you’re considering the purchase of a home in Southern California, or you have a property you’re thinking about selling, the home appraisal process can be confusing.  Here’s what you need to know about the appraisal process. Why Do I Need a Home Appraisal? If you’re a home buyer, the appraiser is sent in to see what the home you’re purchasing is worth at current market value. This is usually done after you make an offer on a home and the seller accepts the offer. The lender you’re working with will want to know if the home is a worthy investment and the amount you’ve offered is acceptable. If you’re a home seller, you may call an appraiser in before you consider selling your property to make sure you’re getting the best possible price for the value. What is the Appraiser Looking...
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By Cheryl Clayton, Conejo Valley and Simi Valley Realtor
(Westlake Village home buyers and sellers Thousand Oaks homes)
  Simi Valley Date:       Event: Aug 1st      Free Screening of "Charlotte's Web" at Simi Valley Library Aug 1st       Buster Balloon at Simi Valley Library Aug 1st       Free Screening of “Despicable Me 2” – Wood Ranch Aug 2nd      Fairy Tales in the Park Aug 2nd      Simi Civic Center Plaza Concerts in the Courtyard (Every Saturday in August) Aug 2nd      Special Screening of “Bears” Aug 2nd      Rock 4 Veterans Aug 3rd       Simi Valley Elks Car Show Aug 4th       Anime Film Club: Mobile Suit Gundam – Simi Valley Library Aug 4th       Simi Valley Stamp and Coin Club Aug 5th       $1 Family Movies at Civic Center Stadium & 6th           Aug 8th       Hawaiian Dance Aug 12th     $1 Family Movies at Civic Center Stadium & 13th         Aug 7th       Summer Sunset Dinner Series at Reagan ...
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By Alex Gandel, Simi Valley CA Agent, Simi Valley Real Estate
(Top Producing Agent, Pinnacle Estate Properties)
  A Tribute to the Big Band Era of the 20’s, 30’s and 40’s     Ronald Reagan Library Thursday, August 7th 5:30pm to 9:00pm     A gourmet menu is planned for this special occasion with hors d’oeuvres of Artisian Cheeses, Smoked Salmon and Sesame Chive Crepes, topped with Red Caviar, and French Meatballs in Toasted Walnut Brandy Sauce. The dinner buffet consists of Carved Roast Sirloin, Grilled Chicken Breast, Roasted Red Potatoes, Grilled Summer Vegetables and an Epicurean Salad – all enticing, mouth-watering delights. Dessert will follow with Lemon Layer Cake with Fresh Sliced Strawberries and Fresh Berry Coulis, Dark Chocolate Ganache Brownies and handmade Amaretti dipped in Dark Chocolate. In addition to a Coffee Bar, there will be a full bar service including wine specialties and sof...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
Simi Valley Short Sale-HyperLocal Real Estate Market Update   By Chris B Johnson Realtor, Simi Valley Short Sale Map, Thousand Oaks Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,   Many Ventura CountyHomes Appreciated by over 16% Last Year. If you’re thinking of selling, yours may have now have enough equity to sell without being “Short”.   Pricing your home correctly the FIRST TIME is more important than ever!   If you want an accurate idea of what your home is worth Click Here:       Thanks for reading this,   Chris B Johnson.   Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices .   Phone: 805-208-0823. email cjohnson@BHHScalhomes.com.   Certified HAFA Specialist Certified Distressed Property Expert Certified Short Sale Negotiator   Finding The Rig...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
  By Chris B Johnson Realtor,  Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale, Why Do Over 2/3’s Of All Chapter 13 Bankruptcy’s Fail?  By Robert Weed, Esq. We know a lot–including knowing enough to avoid Chapter 13 unless there’s some good reason to be there. Why?  One reason is most of them fail.  In the last six weeks, we filed 200 –and 120 were dismissed by the courts.   That works out to a failure rate of 60%. Second, they are unpredictable.  Under the 2005 bankruptcy law, you are required to send your tax forms to the trustee every year.  If there’s an “unforeseen” increase in your income, the trustee can ask the judge to increase your payments.   You can get your case approved paying a couple hundred dollars a month–an...
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By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
    By Chris B Johnson Realtor, The Simi Valley Short Sale Market seems to have paused around its high point. The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. The number of home sales decreased 14.6%. There are currently 488 resale and new homes in Simi Valley including 27 open houses, as well as 308 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.   Average Listing Price                      $591,676 for week ending...
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By Alex Gandel, Simi Valley CA Agent, Simi Valley Real Estate
(Top Producing Agent, Pinnacle Estate Properties)
What’s Happening in July 2014     Simi Valley Date:       Event: Jul 11th    Free Screening of "The Ant Bully" at Simi Valley Library Jul 11th       Free Screening of "Toy Story" – Wood Ranch Jul 11th       Red, White and Blue Dance – Simi Valley Senior Center Jul 11th       Simi Valley Cultural Arts Center presents “Sweeney Todd” thru 13th     Jul 12th       Ventura Walk Like MADD 5K Walk at Simi Valley Town Center Jul 12th       Teen Poetry Workshop at Simi Valley Library Jul 12th       Simi Civic Center Plaza Concerts in the Courtyard – Saturdays thru September 13th Jul 13th       Simi Valley Jazz/Dance Club – Simi Valley Senior Center Jul 15th       $1 Family Movies at Civic Center Stadium – Every Tuesday & Wednesday through July Jul 15th       Cupcake Decorating at Simi Valley Libr...
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By Alex Gandel, Simi Valley CA Agent, Simi Valley Real Estate
(Top Producing Agent, Pinnacle Estate Properties)
4th of JULY Events       The 4th of July is upon us once again. The following are events that will be happening on the 4th:     FIREWORKS SHOWS –   MOORPARK – 9:00pm – Arroyo Vista Park (map)   SIMI VALLEY – 9:20pm – Rancho Santa Susana Park (map)     Additional exciting 4th of July celebratory events in Simi Valley and Moorpark:   MOORPARK – July 3rd – 3:45pm – July Fireworks Extravaganza Arroyo Vista Park (map) – Games, attractions, live entertainment, food, beverages and much more Admission – $5.   SIMI VALLEY – July 4th – 10:00am to 3:00pm – 4th of July Celebration Ronald Reagan Library (map) – family entertainment, face painting, storytelling, food, music and more. Admission for 4th of July activities – FREE! (Regular price of admission applies for touring museum.)   July 4th – 2:0...
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By Alex Gandel, Simi Valley CA Agent, Simi Valley Real Estate
(Top Producing Agent, Pinnacle Estate Properties)
  3860 Acorn Court, Simi Valley, CA 93063     Here is a 3 bedroom 2 bath Encore home located on a cul-de-sac offering that much desired privacy. Amongst many other great features in this house is an attractive wood-mantle gas fireplace with marble surround and hearth in a bright formal living room with vaulted ceiling. In addition, there is laminate flooring throughout adding beauty and style to this already lovely home.   A side entrance presents a raised panel door with leaded glass inset where upon entering you are met with the step-down living room. The inviting formal dining room has a slider to the side yard and the equally comfortable family room has ample large windows allowing natural lighting to enter. The large open kitchen is one that any cook would love to have with its al...
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