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July 21, 2017

Seller Challenges in a Seller's Market

According to a recent survey, sellers have identified the top three challenges they have when selling their house.

Understandably, the low inventory that is creating the seller's market also makes it hard for the seller to find a replacement house once they become a buyer.  The unrealistic expectation of price, is not something I've seen, primarily because I advise the sellers on the prices of the comparable properties in the area.  Appraisals are a problem nation-wide though as there are often not enough recent sales within the half mile radius, giving appraisers little to base their calculations on.  Remember, the difference between market and appraisal prices is that a market price is what a buyer is willing to pay for a house and an appraisal value is a conservative number that the banks are willing to lend on the house.

 

Seller Challenges in a Seller's Market 1

Listings

Active Listings
711 Bluebonnet Ct. in Thousand Oaks

4+2 Remodeled Single Story Pool Home
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Coming Soon
1449 La Jolla Dr., Thousand Oaks
Conejo Oaks Sign for 1449 La Jolla Dr.
4+2 Single Story in the prestigious "Conejo Oaks" neighborhood
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Recent Sales
3490 Pine View Dr., Simi Valley
SOLD! Simi Valley 4+3 Remodeled Single Story Home with Gated RV! 3490 Pine View Dr. in Simi Valley
4+3 Remodeled Single Story Home with 15,000+sf lot and gated & paved RV parking!
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30666 Passageway Pl., Agoura Hills

"Lake Lindero" One of a Kind View Home! 4+3 Two Story home with INCREDIBLE Lake Views!
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For media inquiries about the Ventura County real estate market, real estate investing or house flipping, please contact Ryan Huggins at 805.905.4000
805.905.3000Ron@HugginsHomes.com
805.905.4000Ryan@HugginsHomes.com
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