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How’s the Real Estate Market?

Ventura County Homes: Are they selling faster than this time last year?

by garyandlisa April 15, 2011 How's the Real Estate Market?

The decrease in pricing is definately corresponding to the amount of time it is taking to sell your home.  Prices have come down some and homes are moving!  This is the “selling season” and we have seen a definate increase in activity as we would expect.

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Home Value Declines Slow in February – Ventura Real Estate Market News

by garyandlisa April 6, 2011 How's the Real Estate Market?

Amidst reports of continued home value depreciation, February brings a small glimmer of hope for the housing market. According to the Zillow February Real Estate Market Report, home values are still falling, but not as rapidly as they were last month. The U.S. Zillow Home Value Index (ZHVI), which is the median values of all …

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A Positive Sign in the Housing Market – Buying a Home In Ventura, CA

by garyandlisa April 6, 2011 How's the Real Estate Market?

It’s not usually welcome news when the landlord hikes your rent. But for the housing market, rising rents may be one of the most hopeful signs in years.

The markets for rented and purchased homes usually move in opposite directions. When the housing market is hot and more people are buying homes, …

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10 Market Facts for Uncertain Times

by garyandlisa September 14, 2010 Buyers

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10 Market Facts for Uncertain Times

September 2010

Although the economy is soft and consumer confidence remains low, new data from the National Association of REALTORS® shows positive signs for the future. To help REALTORS® interpret current economic data and address clients’ concerns, here are 10 key facts to understand about today’s …

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It’s the perfect time to buy that dream home

by garyandlisa September 8, 2010 First Time Home Buyer

Image by TheTruthAbout… via Flickr

The unstable market has put some buyers on hold, but one housing expert says it actually makes sense to buy now.

Of course, that’s easier said than done. With the unemployment rate at 9.6%, not to mention today’s tighter lending standards, buying a home is simply unattainable for many people.

* …

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Broad Stabilization in Second Quarter Metro Area Home Prices with Strong Sales

by garyandlisa August 12, 2010 How's the Real Estate Market?

We have certainly noticed the upward trend in home prices in Ventura Real Estate as we watch the local market and preview new properties coming on to the market.  Homes that are priced well move quickly as buyers are taking advantage of record low interest rates.  These observations seem to be reflected in many markets …

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Mortgage rates sink to record low!

by garyandlisa June 24, 2010 How's the Real Estate Market?

National average for a 30-year fixed loan dips to 4.69 percent

Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.

The average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week, mortgage company Freddie Mac …

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Pending Home Sales Surge Continuing, Ventura Real Estate

by garyandlisa June 7, 2010 How's the Real Estate Market?

Pending Home Sales Surge Continuing

Washington, June 02, 2010

Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator, rose 6.0 percent to 110.9 based …

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Pending Home Sales Show Healty Gain, Hint at Spring Surge

by garyandlisa April 7, 2010 How's the Real Estate Market?

Washington, April 05, 2010

Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the Natio

nal Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 …

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Good News! The Feds decided not to increase the prime interest rate to continue to stimulate the economy.

by garyandlisa March 17, 2010 How's the Real Estate Market?

Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software …

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