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Simi Valley and Wood Ranch Home Prices aren't falling. Don't wait to buy or you will be out of luck!

If you think home prices are going down...think again!!! Simi Valley properties, including Simi Valley condos, and Simi Valley real estate listings in general are not! I really don't believe they will and I also don't believe the banks are going to send a glut of foreclosure properties into our market. They would be foolish to do that.

Think about it! If they release a few properties at a time, they control prices. If they release a whole slew of them, inventory rises dramatically and it may become a buyers' market. Places like Wood Ranch real estate, which commands higher pricing, doesn't have many foreclosures. Simi Valley REO homes make for a small portion of our inventory right now!

Nope, prices are good for investors, first-time home buyers and move-up buyers. Look at my web site for Simi Valley home searches...you'll see nice properties to see!

You need not wait...tax incentives will expire, first-time home buyer incentives will be gone and you will be out of luck!

Posted Wednesday Sep 09