Wait until you see this Dream Backyard w/ Sparkling Pool, Spa, Waterfalls, Covered Patio, 3 Horse Stalls, Tack Room, Turnout, Children’s Play Structure, Fire-pit & Lush Landscaping with Palm Trees & Roses! This lovely home has 4 Bedrooms, 3 Full Bathrooms (1 bed/bath downstairs), 2720 sqft, 28,057 sqft Lot on Cul-de-Sac w/ Huge, Gated RV Parking w/ hook-ups & clean-out in desirable...
For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used to measure buyer activity have revealed that purchasing demand may be softening. Here are the four indices, how they measure...
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a homeowner’s equity position. Home equity is defined as the difference between the home’s fair market value and...
Some Highlights: Housing inventory is still under the 6-month supply that is needed for a normal housing market. Buyers are often competing with one another for the listings that are available. Perhaps the time has come for you and your family to move on and start living the life you desire. Explore Simi Valley Neighbourhoods...
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic predicts home prices to appreciate by 5.1% over the next 12 months. If you are ready and willing to buy your dream home, find...
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies mentioned...
When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the top two factors to consider are what’s happening with interest rates & inventory. Interest Rates Mortgage interest rates have been...
DREAM HOME! This is the one you've been waiting for! VIEWS, Pool, Spa, Waterfall, Outdoor Kitchen, Batting Cage, Upgrades Galore Call TODAY for showing before it goes on the MLS (Ken 805-217-1368 www.SimiIsHome.com) Explore Simi Valley Neighbourhoods EXPLORE LOCAL NEIGHBOURHOODS IN Simi Valley...
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The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily...