Kevin Dibben, Realtor/Broker

Kevin Dibben, Realtor/Broker I have been in the real estate field since 1979. I am a Broker and have great experience in short sales and foreclosures (REOs). I specialize in Los angeles and Ventura Counties.

California DRE Brokers License #00692670.

Like a Model Home! Detached town home at Oak Haven in Fillmore. Built in 2008. Fireplace in Family Room. Fabulous Master...
01/11/2015

Like a Model Home! Detached town home at Oak Haven in Fillmore. Built in 2008. Fireplace in Family Room. Fabulous Master Suite. Great 'Entertainers' Patio.

3 year old Single-Story home over 2,000 sq.ft. Wrap-Around Porch. Granite Counters in Kitchen. Hardwood Flooring in heav...
01/11/2015

3 year old Single-Story home over 2,000 sq.ft. Wrap-Around Porch. Granite Counters in Kitchen. Hardwood Flooring in heavy traffic areas. $17,000 tub in Master Bathroom!

Fillmore Home For Sale
01/07/2015
Fillmore Home For Sale

Fillmore Home For Sale

For sale: $459,950. Beautiful Single-Story home of over 2,000 sq ft. located in The Bridges master-planned community in Fillmore.

12/24/2014

Wishing you all a very Merry Holiday and a great 2015!!!!

11/25/2014

The US economy grew much faster in the third quarter than first reported, official figures have shown.

It expanded at an annualised rate of 3.9% between July and September, up from the 3.5% first estimated by the Bureau of Economic Analysis.

The rise, which follows a strong second quarter, means the US has seen its strongest two consecutive quarters of growth for a decade.

Consumer spending was the biggest driver of the raised estimate.

This means interest rates will start to climb!!!

Kevin Dibben, Realtor/Broker's cover photo
10/19/2014

Kevin Dibben, Realtor/Broker's cover photo

10/16/2014

C.A.R RELEASES 2015 HOUSING FORECAST
With more available homes on the market for sale, California’s housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out in 2015, according to the C.A.R. “2015 California Housing Market Forecast.”

The C.A.R. forecast sees an increase in existing home sales of 5.8 percent next year to reach 402,500 units, up from the projected 2014 sales figure of 380,500 homes sold. Sales in 2014 will be down 8.2 percent from the 414,300 existing, single-family homes sold in 2013.

The average for 30-year fixed mortgage interest rates is expected to rise only slightly to 4.5 percent but will still remain at historically low levels.

The California median home price is forecast to increase 5.2 percent to $478,700 in 2015, following a projected 11.8 percent increase in 2014 to $455,000. This is the slowest rate of price appreciation in four years.
More info


WAVE OF SINGLES TO MAKE BIG IMPACT ON HOUSING
Half of all American adults now live in one-person households, a rapidly growing number, according to the Bureau of Labor Statistics. The singles demographic is likely to reshape multifamily communities and single-family home designs going forward, according to Builder Online.

In 1976, only 37 percent of adults were single. As of August, that percentage has bloomed to 50.2 percent, or about 124.6 million singles. It marks the first time that single Americans make up the majority of the adult population since the government began tracking such data.

This growing segment also will impact floor plans, which will go from static to flexible as living arrangements change more frequently. Analysts also project that this group will job hop more often and bring new types of living arrangements into the housing market – such as friends buying homes together. Additionally, affordability will be a key factor due to the reduced income of a single homeowner compared with that of dual-earner couples.

15227 Valleyheart Dr. and 15226 Hesby St. Both homes are 2 Bedrooms and 1 Bathroom.
09/06/2014

15227 Valleyheart Dr. and 15226 Hesby St. Both homes are 2 Bedrooms and 1 Bathroom.

My new listing at Oak Haven in Fillmore. FHA financing OK. Very sharp and clean. Gated community with swimming pool. Cal...
08/19/2014

My new listing at Oak Haven in Fillmore. FHA financing OK. Very sharp and clean. Gated community with swimming pool. Call me at 818-681-2678 for a viewing.

08/11/2014

Underwater Homeowners Actually Helping Home Values:
One of the biggest barriers to an even more robust recovery in the housing market is a lack of supply. There are simply not enough homes listed for sale to meet the demand—and part of that is because a growing number of home buyers are not selling their previous homes. Lack of inventory and steady demand have kept home prices moving upward.

"As people are starting to move, they're also turning into landlords by choice. And that is definitely having a dent in the inventory numbers," said Nela Richardson, chief economist at Redfin, a real estate brokerage. "Our agents are seeing people come through their door with the cash in hand to buy that next place. A lot of them obviously don't need that equity in their former home, or they're able to tap some of it out and then use it to buy the next place."

It's a strange new irony in housing. Lack of supply is driving prices higher, which is pricing some demand out and driving up rental demand.
For others, however, the rise in home prices is providing useful equity to buy another home while still holding on to their old home, which is then providing lucrative rental income.
There are no hard numbers as to how many buyers are holding on to their previous properties, but there is plenty of anecdotal evidence, especially as rental demand and rent rates continue to surge.

So, instead of underwater homes hurting the housing market they are driving up rental rates and home prices.

With just $2,195 down the total monthly payment including taxes and insurance is about $2,937 a month. Not that differen...
08/08/2014

With just $2,195 down the total monthly payment including taxes and insurance is about $2,937 a month. Not that different from what it would cost to rent a similar home!! Call me at 818-681-2678 to see it.

08/07/2014

Do you know a homebuyer without enough down payment? How about $1,500?

Finally it seems the banks have started to relax a little bit now that home values are on the rise and they are actually getting helpful and creative! Hard to believe I know!
Do you know anybody who wants to buy a house but does not have enough money for the down payment? Do they have $1,500 or a family member who will give it to them?
Homebuyers can now get a loan with only ½% down, yes that’s 0.5%, or $1,500 whichever is more. So 0.5% of $400,000 is $2,000 and that can be a gift!
Single Family, Two Units, PUD’s, Condo (FHA Approved), Manufactured Homes are all eligible for this program.
Credit score requirements are very reasonable. There are some maximum income limits that vary according to which County you live in.
This is an incredible opportunity to qualify and get into a new home with little cost.
Call us today for more information. 818-681-2678

Gave a First-Time buyer the keys to her new home today!! Love doing that. It is in the City of Ventura, has 3 bedrooms a...
07/30/2014

Gave a First-Time buyer the keys to her new home today!! Love doing that. It is in the City of Ventura, has 3 bedrooms and she paid $298,000. It's in a beautiful community and we were able to get FHA financing on it (very rare for town homes and condos) so she only had to put $10,500 down with total payments about $2,250 a month including everything, the HOA, Property Taxes, etc.

07/30/2014

In the last 30 days 4114 Single Family Homes (excluding Condos/Town Homes) closed escrow in Los Angeles County and 928 of the buyers paid CASH!!

3 Bedrooms, 2 Bathrooms. 1,570 Sqft. Great area of West Hills.
07/27/2014

3 Bedrooms, 2 Bathrooms. 1,570 Sqft. Great area of West Hills.

Just closed escrow on my condo listing in Chatsworth for $299,000. It was a 3 bedroom fixer. I love giving keys to clien...
07/26/2014

Just closed escrow on my condo listing in Chatsworth for $299,000. It was a 3 bedroom fixer. I love giving keys to clients!!

This happened to an Englishman in France who was totally drunk.The French policeman stops his car and asks the gentleman...
07/21/2014

This happened to an Englishman in France who was totally drunk.

The French policeman stops his car and asks the gentleman if he has been drinking. With great difficulty, the Englishman admits that he has been drinking all day, that his daughter got married in the morning to a French man, and that he drank champagne and a few bottles of wine at the reception and a quite few glasses of single malt thereafter.

Quite upset, the policeman proceeds to alcotest (breath test) him and asks the Englishman if he knows under French Law why he is going to be arrested.

The Englishman answers with humour: "No sir, I do not! But while we're asking questions, do you know that this is a British car and my wife is driving... on the other side !!

Charming little 2 Bedroom cottage in Port Hueneme with RV/Boat storage potential! A short 0.8 mile walk down tree-lined ...
07/18/2014

Charming little 2 Bedroom cottage in Port Hueneme with RV/Boat storage potential! A short 0.8 mile walk down tree-lined Ventura Rd to the beautiful Port H Beach Park!! Lowest priced home in this city!!

07/18/2014

Homes have been coming on the market so fast this week I have barely been able to keep up with them!

7,783 new or back on the market homes in SoCal. 75% of that number went in to escrow, 5,807. Last year that percentage would have been much higher. We wrote some offers on homes in Palmdale last week and had no competition from other buyers, so nice!

3,543 homes closed escrow.

06/20/2014

Some relief for Buyers in this weeks Southern California real estate market.
There were 7051 new and 'Back on Market' listings but only 5,288 homes went in to escrow. That's a 25% spread, or 1,763 homes.

However the activity to buy 'Fixers' is still red hot! I have several cash investors looking to buy junky homes but there are usually 15 to 20 offers on everyone of them within 3 days!

If you see a junky house when you're driving around that doesn't have a For Sale sign on it PLEASE send me the address!!

This week 3,443 homes closed escrow.

Have a wonderful start to Summer tomorrow!!

Great News! A return to a 'Normal' real estate market and more local construction jobs in the Forecast.
06/20/2014
UCLA Anderson Forecast predicts 'normal' California housing market

Great News! A return to a 'Normal' real estate market and more local construction jobs in the Forecast.

Despite a housing market that appears to be slowing down, construction jobs should continue to help drive job growth in Southern California over the next few years, according to a new report.

My friend and business partner, Terry Fishman, is directing a British Farce, 'Jeeves in Bloom', adapted from a story by ...
06/12/2014

My friend and business partner, Terry Fishman, is directing a British Farce, 'Jeeves in Bloom', adapted from a story by P.G. Wodehouse. It promises to be a lot of fun for the whole family and tickets are just $20. Hope you can make it!

Kevin Dibben, Realtor/Broker
05/28/2014

Kevin Dibben, Realtor/Broker

Lowest priced 3 Bedroom condo in Chatsworth at $305,000. Needs some TLC, new carpets etc. Great complex, pool, lots of trees.

Lowest priced 3 Bedroom condo in Chatsworth at $305,000. Needs some TLC, new carpets etc. Great complex, pool, lots of t...
05/28/2014

Lowest priced 3 Bedroom condo in Chatsworth at $305,000. Needs some TLC, new carpets etc. Great complex, pool, lots of trees.

It seems a great many people are sitting on piles of cash!
05/16/2014
1 in 3 SoCal homes paid for with cash: Who's buying?

It seems a great many people are sitting on piles of cash!

About 33 percent of California home purchases were cash transactions, according to RealtyTrac. More than half are investors or second-time homeowners.

3 Bedrooms. Tile floors throughout. Updated Kitchen with granite counter tops and Center Island.
05/10/2014

3 Bedrooms. Tile floors throughout. Updated Kitchen with granite counter tops and Center Island.

05/03/2014

This weeks home sales in Southern California shows a 9% increase in new listings from the previous week with a total of 7,585 homes and condos coming on the market but with about 33% of those being homes that had sold and fell out of escrow.

I am still amazed by the number of homes falling out of escrow, 1,919 this week! I would assume that's mostly buyers who can't qualify but you think everyone would know to get pre-approved before making an offer. Other reasons would be the home not appraising for the contract price or home inspections revealing problems.

However, the number of homes selling and opening escrow was almost exactly the same as last weeks number, 5,790. That's a spread of 1,795 homes from the number of homes coming on the market. What this means is the rate of price increases is going to slow way down. I'm seeing many homes dropping their asking price in the MLS now because they can't get an offer.

4,177 homes closed escrow last week and congratulations to all of them!

3 New Models under construction in Fillmore
04/29/2014

3 New Models under construction in Fillmore

04/26/2014

SoCal real estate market update for weekending 4/25/14.

A total of 7,207 new homes came on the market which includes 1,891 homes that fell out of escrow and 'BOM'd'. The number of new listings is increasing week after week it seems.

5,823 homes went in to escrow. That's 1,384 LESS than the number of homes coming on the market. This may mean that the rate of prices increases will slow and give buyers more to choose from with less competition from other buyers.

3,668 Buyers closed escrow on their new homes!

Interest rates came down a little and are holding around 4.25% for conforming loans and we are definitely seeing a more accommodating attitude from lenders with programs for lower FICO score buyers and programs that do not require tax returns, etc.

04/25/2014

Updating the 2 New Home developments. I have 3 appointments tomorrow in Fillmore at Edgewood, if you know of any one else who may be interested please have them call me. The Terraces in Agoura Hills already have 7 buyers for their first 9 homes in place.

04/21/2014

There are two Brand New Home developments, one in Agoura Hills, starting at $799,900 and the other in Fillmore starting in the low $400Ks. I am setting appointments for my clients to meet with the sales agents and be first on the priority list. If you are interested in either one please call me at 818-681-2678.

04/11/2014

This weeks sales activity in the Southern California real estate Market.

6,959 homes of all types came on the market this week. One third of those, 1703, were 'Back On the Market' after being in escrow. So 33% of escrows fall apart for one reason or another, so go ahead an write that Back Up offer, you have a 1 in 3 chance of getting it!

5,711 homes opened escrow. That's 1,248 less than the number of new listings. That's the most 'Daylight' I've seen in a while between those numbers.

3,007 families closed escrow on their new home this week.

Today banks are reporting the lowest mortgage activity in 14 years for February but that's 6 week old news. In March the number of visits to real estate websites was up by 14% which (hopefully) is a precursor to increased activity. This week I connected with 3 new, serious, buyers that are now being pre-qualified and I'm looking forward to that level of activity continuing!

03/31/2014
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Good news!!
03/19/2014
Listings soar 10 percent in February from a year ago | Inman News

Good news!!

Rising home prices are bolstering seller confidence, fueling rapid growth in the number of homes for sale in many markets in February, according to a report issued by realtor.com today. Median list prices were up 7.6 percent from a year ago in February, to $199,000, and the inventory of homes for sa...

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Winnetka, CA
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