Thursday, October 28, 2004

 

Market Conditions

Currently there are 757 homes for sale in Simi Valley/Moorpark; of these 757 homes 142 are vacant. While the market has dropped below the 800 level, vacant listings are still high.

30 year mortgage rates have dropped back to levels that we saw in the beginning of this year which has stimulated some increased buying.

The October numbers will not be ready for a couple more weeks. August had 379 properties listed, 226 escrows opened and 232 escrows closed. September had 326 properties listed, 256 escrows opened and 215 escrows closed.

Tuesday, October 26, 2004

 

10-26 C21 Tuesday Caravan

13 homes were featured in this morning's Caravan

2 -2 Bedrooms
6 - 3 Bedrooms
4 -4 Bedrooms
1 - 5 Bedrooms



Friday, October 22, 2004

 

10-22 SVMAR Friday Caravan

52 homes were pitched at today's Caravan.

5 - 2 Bedroom
21 - 3 Bedroom
17 - 4 Bedroom
7 - 5 Bedroom
2 - 6 Bedroom

This was not a particularly good day to have your home on caravan as there was a SVMAR member meeting that followed the Caravan meeting. The member meeting ran over one hour and really cut into time that Realtors set aside to preview homes.

Tuesday, October 19, 2004

 

10-19 C21 Tuesday Caravan

Six new properties were pitched this morning

4 - 3 Bedroom Homes
2 - 4 Bedroom Homes

Another lite week, which is good for these sellers as these home will be previewed by more than 50 agents.

Friday, October 15, 2004

 

10-15 SVMAR Friday Caravan

48 Homes were featured today

4 - 1 Bedroom
6 - 2 Bedroom
16 - 3 Bedroom
15 - 4 Bedroom
6 - 5 Bedroom
1 - 6 Bedroom

Caravan seems to be leveling off around 40-50 homes per week. This is good for both buyers and sellers, but it is still a strong buyers market. Inventory is still up.

Tuesday, October 12, 2004

 

10-12 Tuesday C21 Caravan

This morning's Caravan featured 6 homes.

2 - 1 Bedroom Condos
2 - 3 Bedroom Homes
1 - 4 Bedroom Home
1 - 5 Bedroom Home

Friday, October 08, 2004

 

Friday 10-8 SVMAR Caravan

Friday Caravan hosted 40 homes.

5 - 2 Bedrooms
11 - 3 Bedrooms
16 - 4 Bedrooms
8 - 5 Bedrooms

New Caravan inventory seems to be leveling off below 50 new offerings each week.

Tuesday, October 05, 2004

 

10-5 Tuesday C21 Caravan

This morning's Carvan hosted 13 new listings.

4 - 3 Bedrooms
7 - 4 Bedrooms
2- 5 Bedrooms

We are starting to see homes in the new Wild Horse Canyon development already up for resale. So far the first look is not thrilling. The resales in that development have ceramic tile and substandard appliances for homes listed over 1 million dollars. The lot sizes were very nice and the location is excellent. It was obvious that the owners could either not afford the proper upgrades for 1 million dollars homes or they are in for a quick profit.

Friday, October 01, 2004

 

10-01 Friday SVMAR Caravan

This morning's carvan hosted 47 homes.

6 - 2 Bedrooms
21 - 3 Bedrooms
15 - 4 Bedrooms
5 - 5 Bedrooms

Again it looks like the new listings are leveling off. Several of the homes on Caravan had been on Caravan before.


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