| From : venturacountyretalk.com
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Jobs! Jobs! Jobs!
The Ventura County real estate market (like many parts of the country) will simply go sideways for the next several months until the job market starts upward. No jobs; limited real estate sales. Thank you Barney Frank and Chris Dodd and the rest of good old boy network in Washington that created this housing mess.
The tempo is turning and people and time are unforgiving. One can expect a significant shift in Washington starting now but definitely in November, 2010... Read Full Story
| From : venturacountyretalk.com
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What room in the home provokes more analysis, expert opinion, design and re-design, lots of thought, hesitation and which people gravitate to as if by instinctive…..the kitchen.
Since its evolutionary linkage to the cooking range and the capability of getting water, the kitchen has had more technical advances than any room in one’s home.
What makes a kitchen? It comes down to taste, style, material preferences and the money one can afford .
There is an array of categories which... Read Full Story
| From : venturacountyretalk.com
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If you dislike reading and looking at statistical charts you may want to pass on this article. Charts were used extensively because more information can be presented in a limited space.
The Ventura County real estate market has been choppy over the last year due in large part to foreclosures and the reverse of that…..new buyer credit.
Words however do not tell the story. The chart below is a monthly summary or prices by month for Ventura County. From this chart one can see the ups and... Read Full Story
| From : venturacountyretalk.com
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The Ventura County real estate market once again reversed course to the upside in October,2009.
It appears that the real estate market wants to get legs BUT other economic issues stand in the way.
The table below shows that approximately 75% of Ventura County home sales have occurred in the price range below $ 500,000, with 2955 single family homes selling between $ 200,000 to $ 400,000.
Investors and 1st time home-buyers took advantage of prices and tax credits.
There... Read Full Story
| From : venturacountyretalk.com
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Today when this term is used it is hoped that something will be created out of nothing. This ancient Aramaic roots (Avrah KaDabra) means “I create as I speak”.
Well over the last week the real estate market in Ventura County did an “Abracadabra” and the down trend that had been in place for two months reversed itself and start upward with some conviction I might add.
As can be noted in the table below the market had been laboring over the last two months showing significant downside... Read Full Story
| From : venturacountyretalk.com
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Mentioned previously was the anticipated real estate contraction that is now occurring in Ventura County. It’s the clown in the box scenario that is taking place.
Listings continue to decrease (1932 last week; 1859 this week); sales however climbed and it is probably due to the paper work being delayed in recording sales therefore the prices which had been going down now appears to have stabilized over the last week.
The chart below summarizes the last weeks statistical numbers... Read Full Story
| From : venturacountyretalk.com
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Much is being written about real estate turning the corner. Nationally this is true but locally (Ventura County) there are signs that perhaps the up-tick that was experienced over the last three months may have played itself out.
Through August, 2009 there has been a significant decrease in home sold that were in the $ 500,000 or less category. As illustrated in the chart below properties in the $ 200,000 or less sales bracket declined from 309 homes sold in the 2nd quarter, 2009 to 117... Read Full Story
| From : venturacountyretalk.com
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The real estate market Nationally appears to be getting better. Likewise the market in Ventura appears to be continuing its upward swing but it appears to be labored.
As shown in the table below there has been a significant drop in recorded sales over the last week, offset with a gain in listings. The overall Ventura County market still shows as a sellers market but two areas flipped to buyers markets over the last week. These area are: Santa Rosa Valley and Ojai/Oak View.
Recorded... Read Full Story
| From : venturacountyretalk.com
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After awhile statistical information being just numbers becomes mesmerizing and some common sense has to come into play.
The numbers do what numbers are supposed to do….lay out what is happening and it is up to the individual to wade through and make sense of what that happening is.
This week for some reason the numbers are saying one thing but my gut instincts are telling me something else.
The real estate market has been going up and that is GOOD news. And as expected it is going up... Read Full Story
| From : venturacountyretalk.com
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The residential real estate market in Ventura County has exhibited more of the same……QUIET!
As can be noted in the table below listings have now shown signs of life (more people want to sell); sales continue upward and they are doing so at higher prices (which is GOOD). With the exception of Santa Rosa Valley all communites are showing higher sales as compared to one year ago. The beach areas are the only segment now showing up as a “buyer’s” market. The rest of Ventura County is either... Read Full Story
