By Leslie | April 6, 2009
Here are the March sold statistics for Camarillo in our new expanded 14+ month format. The homes sold and condos sold data comes from Camarillo MLS listings.
By Don | April 6, 2009
In January, Leslie and I sensed there weren’t as many homes for sale in Ventura – more of an anecdotal feeling than scientific analysis. I remember checking in late January that there were 200 single family homes for sale in Ventura (Realtors call it Area 20 in the MLS – not to be confused with Area 51 in Nevada…!). Then in mid-February I decided to formally check and track inventory levels for Ventura, Oxnard and Camarillo. Here’s what I found. Read the rest of this article »
By Don | April 6, 2009
Over the weekend I caught up on my Wall Street Journal reading, and Friday’s column of “Heard on the Street – Financial Analysis and Commentary” had a title that caught my eye – “Dream Mortgage Bailout Has a Darker Side”. Hmm, I thought. What’s that all about? Read the rest of this article »
By Don | April 3, 2009
Is a bird in the hand worth 2 in the bush? I was musing at my desk this morning about all things real estate, the stock market, the jobs loss report and the incredibly low interest rates out there. So I asked myself, which is better? To buy today with today’s low interest rates (with the possibility prices may still decline 5%), vs. the idea of waiting for prices to stabilize and then start up (but that interest rates will have climbed back to “normal” to compensate for that stabilization). Here’s how the numbers look…
By Don | April 1, 2009
Yesterday, the California Association of Realtors (CAR) copied a page from Detroit by announcing a mortgage protection program for first time homebuyers. Earlier this week, GM and Ford announced the same concept for car buyers concerned about buying a car but uncertain about their job in this economy. Keep reading for all the details…