Foreclosure stats are in for November for Ventura County. The quarterly graph tracks foreclosures since March of 2005. Check it out!

The 12 month graph shows the Notice of Default trending upward a bit while the Notice of Trustee Sales jumped from 407 to 578 in November. The Trustee’s Deeds (REOs) are trending slightly downward.

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• Quarterly there is a slight downward trend for Camarillo and Ventura while Oxnard remains unchanged. Monthly Ventura has more temperate see-sawing of prices in the $420s while Camarillo is more pronounced now in the $560s. Oxnard holds steady at $315k.

• Quarterly graph
  
• 12 month graph

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• Quarterly both Camarillo and Ventura show a downward trend while Oxnard remains relatively constant. Monthly Ventura is trending downward to about $200k; Oxnard has a strong pull upward at about $235k; while Camarillo is swinging upward at about $310k.

• Quarterly graph
• 12 month graph

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• Quarterly all three cities show a downward trend. Monthly Ventura is trending up at 49; Oxnard is trending downward at 76 and Camarillo has leveled out but downward at 36.

• Quarterly graph
• 12 month graph

Detailed statistics for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed statistics for condos sold in:

• Ventura
• Oxnard
• Camarillo
  

Detailed statistics for pendings (in escrow) – single family homes and condos:

• Ventura is up from October; Oxnard is similar to October but downward since January 2010; and Camarillo is from from October and looking good.

• Ventura
• Oxnard
• Camarillo
  

There’s a Fannie Mae owned townhome in Port Hueneme that’s a screaming deal – and I don’t have a buyer for it. It’s a two story, almost 1,600 sq. foot 3+2 with a 2 car garage, all new carpeting and paint for $210,000. It’s with seller financing of 3% down, NO mortgage insurance and Fannie Mae pays the closing costs – sweet!. A buyer would need to come in with just $6,300 cash. So – why is buying this home cheaper than renting? Here are the numbers.

Read the rest of this article »

I’d often rather spend my time working on real estate deals then having to futz with techno stuff, but this past week I moved our site to “the Cloud”.  We’ve had our own internet server in the office for years, then moved it to an off site server and now to “the Cloud”. Being  a small company (just 3 of us!), of necessity I’ve learned to grow from our first XT computer to today’s powerful software.

But sometimes the learning curve is a chore! In November we upgraded to new computers running Windows 7, upgrading our applications where applicable, and then our just completed move to “the Cloud”. Just what is “the Cloud”?

Read the rest of this article »

Check out our November newsletter!

Find out what’s happening in real estate plus Don and Leslie’s trip to Florida to see the space shuttle launch!