2163 Cheam in Simi Valley – CLOSED ESCROW! I represented both sides!

This wonderfully remodeled 5+3 two story home in Simi Valley’s desireable east end is now offically SOLD!  Through my extensive marketing I was even able to aquire a buyer that I represented.  We had multiple interested parties from my marketing and the MLS, in the end the perfect family got the house!   Call Ryan […]

Home Prices on a Steady Track

Home prices again appreciated nationally quarter-over-quarter, rising 0.9 percent, according to the Clear Capital Home Data Index™ (HDI™), a monthly report. Appreciation was highest in the West, where prices climbed 1.2 percent quarter-over-quarter. Regionally: Midwest Growth quarter-over-quarter in the region came in at 0.9 percent, with prices in Detroit, Mich., appreciating at a 1.72 percent […]

Regional Spotlight: California Home Prices Close Year on High Note

Amid the lowest housing inventory levels in more than 13 years, existing-home sales in California still eked out a year-over-year gain, while the median sales price posted a solid annual increase, according to the California Association of REALTORS® (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 420,960 units […]

Here’s how much your home remodel will pay you back

As home prices and mortgage rates rise, more and more homeowners are choosing to stay put and remodel. Yet, depending on the project, some of the returns are diminishing. Remodeling spending is expected to approach $340 billion in 2018, a 7.5 percent increase over last year, according to Harvard’s Joint Center for Housing Studies. “Steady […]

All You Need to Know About Garage Security

According to SafeBee.com, recent reports and social media posts are advising homeowners to use a zip tie to secure their door release mechanisms on the emergency latch present on automatic garage door openers. Although the advice is meant to help reduce burglaries, SafeBee.com says the practice can put homeowners in danger. Using a zip tie […]

Buyer purchasing power index up in Q4 2017

The California Buyer Purchasing Power Index (BPPI) figure was +2.42 in December 2017. This positive figure tells us a homebuyer with the same income is able to borrow 2.42% more today than a year ago. The BPPI figure increased as a result of slightly lower year-over-year mortgage rates. FRM rates remain below 4% heading into 2018 due to the present lack of investment opportunities for […]

Foreclosed Homes Dip to 12-Year Low

Foreclosures hit a 12-year low in 2017, and the distressed properties remain increasingly difficult to find in many markets. Foreclosure filings in 2017—which include default notices, scheduled auctions, and bank repossessions—dropped to the lowest level since 2005. In total, foreclosure filings were reported on 676,535 U.S. properties in 2017. That represents just 0.51 percent of all […]

Mortgage applications rise 4.1% as borrowers see last chance for lowest rates

The rise in mortgage applications last week doesn’t make sense — unless you factor in fear. Interest rates rose, but borrowers may have jumped in, especially to refinance their current loans, worried that the long run of record low rates is over. Total mortgage application volume for the week rose 4.1 percent, seasonally adjusted, according […]

The Most Affordable Beach Towns in the U.S.

Homes along the beach tend to command a premium. But for buyers who dream of living near the water, they may still be able to find a beach-town bargain. Gulfport, Miss., was named the most affordable beach town in America for the third consecutive year, according to a new analysis by SmartAsset, a personal finance […]

7 Personal Items You Should Never Leave Out During an Open House

  sarayuth3390/iStock   A few years ago, Los Angeles resident Angela Wilson Gyetvan put her house on the market. She lived in an affluent neighborhood, and she’d chosen a trusted real estate agent she’d worked with before, so she felt comfortable leaving during the first open house they scheduled. After Gyetvan returned home, though, she was […]

The Best Paint Colors For An Enduring Look In Your Home

Trends come and go. If you paint your walls the “provocative and thoughtful purple shade” of Ultra Violet, as Pantone, itself, calls it, you’re probably gearing up to repaint them in whatever the color authority deems the “it” shade next year. If you’d rather pick a paint chip or two and keep your space the […]

Faking It: Faux Materials You Can Use To Bring Real Interest

As the Marvin Gaye song lyric goes, “Ain’t nothing like the real thing, Baby.” And while that might be a good motto to live by, when it comes to home trends and décor, today it’s all about faux. You can have a great-looking place, even if it wasn’t built that way, and without a huge […]

Back on Market! 2163 Cheam Ave. in Simi Valley. Now available at $699,000

Fully Remodeled 5 Bedroom two story with downstairs bedroom in Simi Valley Overview Maps Photos Features Description $699,000 Single Family Home Main Features 5 Bedrooms 2 Full Bathrooms 1 Half Bathroom Interior: 2,232 sqft Location 2163 Cheam Ave Simi Valley, CA 93063 USA Ryan Huggins Huggins Homes (805) 9054000 [email protected] http://www.HugginsHomes.com Listed by: Ryan […]

Buying Better Than Renting in 54% of Markets

Despite rising prices, buying a home makes more sense than paying increasingly high rents in more than half of the U.S. Buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447—or 54 percent—of U.S. counties analyzed, according to a new report released by ATTOM Data Solutions, a real estate […]

Employers Can Now Add to Down Payments

A new program allows employers to help workers’ down payment on a home, similar to how companies contribute to a 401(k). HomeFundMe, a Fannie Mae and Freddie Mac-approved down payment crowdfunding platform, allows borrowers to crowdfund their down payment from several sources, including their employer. CMG Financial, a mortgage banking firm, created the HomeFundMe program. Employers can […]

In 2017, Multiple Offers Scored Sellers Thousands

Did you buy a home last year? Did you make an above-asking bid? Approximately 24 percent of for-sale homes in 2017 sold for higher than what they were listed for, according to an analysis recently released by Zillow. Five years ago, that figure was roughly 17 percent. The average gain for sellers? $7,000. “In the […]

As 2017 Ended, Rents Rose

The median national rent rose toward the end of 2017, contrary to the predominant trend for the year, according to the November Zillow® Real Estate Market Report. The gain, 2.4 percent year-over-year to $1,435, is on par with income increases, which have ticked up 2.5 percent since November 2016. “After about a two-year slowdown, rent […]

Experts: 2018 Mortgage Rates to Surpass 4.5%

The recent tax bill could cause the Federal Reserve’s rate increases to come faster—mortgage rates are expected to go up three or four times in 2018. This could push 30-year mortgage rates up past 4 percent in the new year. Mortgage rates typically follow the Treasury yield. The federal funds rate sets the stage for […]