Recently we shared in a Blog "Why was Fall a good time to buy".  We wanted to share again the benefits for the Buyer when purchasing in the offseason and provide you with a list of homes in Simi Valley that are priced under $500,000.

Here are 6 reasons that buying in the Fall can be a good time:

1.  You are less likely to get in a bidding war.

Competition for homes drops in the Fall months.  It is considered the "slower season" for most people, but for buyers, it can be an advantage.  Brian Davis a real estate investor and director of Education at Spark Rental states "Fall home buyers should consider aggressive negotiation". Homes that did not sell in the height of Summer are having to drop their prices.

2. There's still time to get a tax break.

You can still get your tax break for the year closing in December.  Property taxes and mortgage interest are both deductions you can take for your whole year's worth of income, even if you close in December.

3. More time with your Realtor

Since the summer months tend to be busy, Agents can be juggling multiple clients.  Waiting until the Fall, you may be able to spend more quality time with your Agent looking for the "perfect home".  

4.  It's easier to negotiate with sellers.

The summer months, hot homes tend to have multiple offers making it hard for home buyers to get their offer accepted.  Multiple offers can sometimes drive up the asking price. This is great for the seller but not the best news for the buyer.  When Fall hits, sellers don't have as much foot traffic viewing their homes, making it easier for buyers to negotiate with the sellers.

5.  You can take your time.

Buying a home is a big decision.  You want to make sure that you are making the right decision.  Taking your time is always recommended when purchasing home.  Sometimes bidding wars and homes that will receive multiple offers make it hard for the buyer to have time to think it over.  

6.  Better Deal.

Who doesn't like a bargain?  When the demand is lower for homes, it can get sellers very motivated by lowering their prices to get their home sold. Sometimes sellers are forced to move because of a job change, making it a buyers market for getting the best deal out there.


Homes priced under $500,000


$499,900

$488,000

4120 Gertrude Street

Simi Valley, California

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$475,000

2149 Heather Street

Simi Valley, California

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$405,000

1177 Erringer Road

Simi Valley, California

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$490,000

1232 Cypress Street

Simi Valley, California

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$450,000

$474,499

2255 Fig Street

Simi Valley, California

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$500,000

3520 Royal Avenue

Simi Valley, California

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$490,000

2207 Lupin Street

Simi Valley, California

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$499,000

5388 Snowcreek Street

Simi Valley, California

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$494,900

1826 Royal Avenue

Simi Valley, California

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$480,000

4191 Angela Street

Simi Valley, California

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$475,000

2391 Boalt Avenue

Simi Valley, California

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$499,000

1841 Duncan Street

Simi Valley, California

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$424,999

1679 SUNBEAM LN

Simi Valley, California

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$499,950

2412 Stow Street

Simi Valley, California

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$489,000

1590 MORENO DR

Simi Valley, California

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$417,000

1468 Moreno Drive

Simi Valley, California

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$450,000

4100 Valley Fair Street

Simi Valley, California

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$475,000

1192 Graham Street

Simi Valley, California

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$479,950

1406 Graham Street

Simi Valley, California

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$489,950

2259 Caldwell Avenue

Simi Valley, California

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$500,000

1051 Royal Avenue

Simi Valley, California

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$449,900

$499,990

2016 Hilldale Avenue

Simi Valley, California

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$500,000