Buyers Use Escalation Clauses to Win Bidding Wars

Home buyers locked in heated bidding wars are increasingly turning to escalation clauses to keep their offers in play, The Wall Street Journal reports. Escalation clauses are addendums to real estate contracts in which a prospective buyer is able to submit an offer but then raise his or her offer in increments to a maximum […]

Simi Valley Open House – 3444 Austin – Texas Tract Sunday 2/25 1-4

Come see this fully remodeled home in Simi Valley’s “Texas Tract”. 3444 Austin boasts a fully remodeled home, high end appliances, a re-plastered and re-tiled pool, paved RV parking, a large back yard and SO MUCH MORE! Come see it this Sunday from 1-4!

More Markets Hitting Record-High Home Prices

It’s a good time to be a homeowner: Nearly two-thirds of housing markets across the country saw home prices at all-time highs in the fourth quarter of 2017, the National Association of REALTORS® reported Tuesday. By Region Here’s a closer look at how existing-home sales fared in the fourth quarter of 2017: Northeast: Existing-home sales […]

NAR Amps Up Efforts to Ensure Implementation of RESO Standards

The National Association of REALTORS® (NAR) has amped up its efforts to ensure REALTOR® association-owned MLSs implement RESO standards. NAR acted after an analysis determined there were many MLSs non-compliant with the standards. Adoption is a policy requirement. Approximately 90 MLSs were notified and given 60 days (from the date of the letter) to respond—roughly […]

Mortgage Rates at Highest in More Than a Year

The average 30-year, fixed mortgage rate is at its highest in more than a year: 4.32 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). Last week, it averaged 4.22 percent. “The U.S. weekly average 30-year fixed mortgage rate rocketed up 10 basis points to 4.32 percent this week,” says Len Kiefer, […]

How to Apply for Section 8 Housing: A Guide for Renters Who Need Help Paying Rent

  Joshua Lott for the Washington Post via Getty images   Wondering how to apply for Section 8 housing? This federal housing program helps more than 2 million low-income families, disabled Americans, and the elderly cover the cost of their rent every year. Overseen by the U.S. Department of Housing and Urban Development, it’s the nation’s largest rental assistance program. […]

Texas Tract Homes for sale in Simi Valley – 3444 Austin

3444 Austin in Simi Valley “Texas Tract”     Move right in to this inviting Texas Tract POOL home that has it all!! It’s been totally remodeled and customized with an OPEN CONCEPT floorplan and too many upgrades to list! It’s light and bright, 1,612sf, with 3 large bedrooms and 2.5 remodeled bathrooms, and features […]

‘I Need to Report a Stolen House’

Homeowners in Madisonville, Texas, who reported the theft of their home to police on Friday got some good news: The structure has been located. But it’s too soon for them to relax yet. On Friday, Jo and Lonnie Harrison, a couple from Houston reported the missing house to police after they went to their vacation […]

Could the Inventory Crunch Worsen?

Housing permits, a gauge of new-home activity, slipped in the final quarter of 2017, which could worsen a housing shortage already shaking many markets across the country. Single-family permits are running at only 56 percent of normal activity, according to the National Association of Home Builders/First American Leading Markets Index. “We are concerned with the […]

What Is Your Property Really Worth?

Qustion. Over the years, I have been involved in questions dealing with the value of certain property. This has involved such diverse issues as appealing the County’s assessment for tax purposes, obtaining a refinance mortgage to avoid private mortgage insurance, and recently challenging an IRS valuation of property we just inherited. Is there a way […]

The Westlake Village Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Westlake Village  Real estate market data provided by Ryan Huggins of Huggins Homes About the Westlake Village Area Westlake Village is a planned community that straddles the Los Angeles and Ventura county line. The eastern portion is the incorporated city of Westlake Village, located on the western edge of Los […]

The Thousand Oaks Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Thousand Oaks  Real estate market data provided by Ryan Huggins of Huggins Homes About the Thousand Oaks Area The City of Thousand Oaks is a premiere community recognized for being one of the most desirable places in all of California to live, work, recreate, and raise a family. Located in […]

The Simi Valley Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Simi Valley  Real estate market data provided by Ryan Huggins of Huggins Homes About the Simi Valley Area The city of Simi Valley (from the Chumash word, Shimiyi), is situated in the southeast corner of Ventura County. The city’s 2014 population has been estimated at 126,871, up from 111,351 in […]

The Newbury Park Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Newbury Park  Real estate market data provided by Ryan Huggins of Huggins Homes   About the Newbury Park Area Newbury Park is a community located mostly within the western portion of the city of Thousand Oaks in Ventura County, California. The census-designated place (CDP) of Casa Conejo is also part […]

The Moorpark Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Moorpark  Real estate market data provided by Ryan Huggins of Huggins Homes About the Moorpark Area Moorpark was founded when the application for the Moorpark Post Office was granted on June 1, 1900. The townsite of Moorpark was owned and surveyed by Robert Poindexter and his wife, Madeline. The town […]

The Camarillo Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Camarillo  Real estate market data provided by Ryan Huggins of Huggins Homes  About the Camarillo Area Camarillo is named for Adolfo and Juan Camarillo, two of the few pre-1848 California natives of Hispanic ancestry to preserve the city’s heritage after the arrival of Anglo settlers. The railroad coast route came through […]

The Agoura Hills Monthly Market Report – Free Market Analysis

This Month’s Home Prices in Agoura Hills  Real estate market data provided by Ryan Huggins of Huggins Homes About the Agoura Hills Area The area was first settled by the Chumash Native Americans around 10,000 years ago. As the Alta California (Upper California) coast was settled by Spanish Franciscan missionaries in the late 18th century, […]

Fed Leaves Rates Alone, But Hikes Coming

The Federal Reserve voted on Wednesday to leave its benchmark interest rate unchanged, but it continues to leave the door open to future increases this year. The Fed’s benchmark rate will remain in the range of 1.25 percent to 1.5 percent, which is low by historical standards. Fed committee members said that by leaving the […]