Real Estate Blog

How The Supply Of Homes For Sale In Westlake Village Impacts Buyer Demand

The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic(demand).…

How Much Has My Home Increased In Value?

Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The…

Thinking Of Selling Your Conejo Valley Home? Get Ready To Negotiate!

Now that the Westlake Village real estate market is BOOMING, some sellers may be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation. In most cases, the seller is not. The seller must realize their…

5 Reasons to Hire SG Associates to Sell Your Home in Westlake Village

Whether you are buying or selling a home in Westlake Village, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem in Conejo Valley. That’s why you need an experienced real estate professional to…

The Ultimate Guide to Buying a Home

If you’re like most people, buying a home represents your single biggest investment – and debt. As such, the home buying process can be one of the most exciting, but sometimes also stressful, experiences you ever go through. This may be true whether you’ve bought many homes or you’re looking to buy your first, whether…

7 Housing Considerations When Retiring In Westlake Village

As more and more Westlake Village home owners enter retirement age, the question of whether or not to sell their homes and downsize is becoming a hot topic. In the current Conejo Valley housing market, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to…

Demand For Homes To Buy Continues To Climb in Westlake Village

Across the Conejo Valley from Westlake Village to Thousand Oaks, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! Homebuyers are out in force and are being met with a highly competitive summer real estate market. According to the National Association of Realtors (NAR), the inventory of…

The Surprising Reason Home Sales are Down 3%

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real…

Are Home Prices In Westlake Village Overinflated?

Recently the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report: “The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71st straight month of year-over-year gains.” Seventy-one consecutive months of price increases may have some concerned…

Short Housing Inventory Pushes Home Prices Up in Westlake Village

The housing crisis is finally in the rear-view mirror as the Westlake Village real estate market moves down the road to a complete recovery. Conejo Valley home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen…

4 Best Home Improvements for Resale Value in Westlake Village [Infographic]

Whether you are selling your Westlake Village home, or just purchased a new home and are planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI). In the Conejo Valley real estate market, bathroom renovations can go a long way toward improving…

5 Reasons To Sell Your House This Summer!

Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More…