By Don | January 27, 2011
The last Congress created the Financial Crisis Inquiry Commission (www.fcic.gov) to answer that question and yesterday they gave the official answer in a 545 page report. So who’s to blame? Read the rest of this article »
Comments Off on What caused the financial meltdown? Here’s the official answer (sort of…)
By Don | January 20, 2011
…and it was disappointing. Last night on the news, and this morning in the LA Times, we heard that the Air Force was launching the biggest rocket ever launched (a Delta IV heavy lift) from the West coast, and in a spur of the moment I convinced Leslie to skip work today and run with me up to Vandenberg to watch it blast off.
Having made a special week long trip in November to Florida to see a shuttle launch (no go – Discovery is still on the ground!), I thought maybe this might have the same awesome display of noise, power and deep rumble. Nope.
Read the rest of this article »
Filed under article topic:
Random Stuff
Comments Off on Watched a rocket launch from Vandenberg today…
By Don | January 18, 2011
Here is a partial list of commercial properties that have become REO (Real Estate Owned) properties within the past couple of months or so. Each transaction is different, but ultimately the lender will want to sell the asset. If you are looking to buy commercial property, either as an investor or owner/user, call me. To see other new REO properties, click and read the rest of this article.
Read the rest of this article »
Filed under article topic:
Investors
Comments Off on Recent REO (lender owned) commercial properties
By Don | January 13, 2011
A battle is raging over arcane regulatory rules that may have significant impact on how much down payment a lender will require in the future. Wells Fargo has just suggested to regulators that home buyers come in with a 30% down payment. What’s this all about?
Read the rest of this article »
Comments Off on 30% down payments the coming new standard?
By Leslie | January 10, 2011
Here you’ll find quarterly and monthly real estate activity in chart form for homes sold in Ventura, Oxnard and Camarillo and also the data particulars for each city. All data is taken from the Ventura MLS, Oxnard MLS and Camarillo MLS.
Sold prices – Single family homes in Ventura, Oxnard, Camarillo:
Note how the quarterly trend lines parallel each other for the three cities since 2007. Sold prices for homes are going up in Camarillo and down in Ventura while Oxnard remains steady. The monthly chart shows the volatility of sold prices in Camarillo and a downward price trend for Ventura.
Sold prices – Condos in Ventura, Oxnard, Camarillo:
Fourth quarter shows a slight trending up for all three cities for sold prices for condos.
Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:
Quarterly – Oxnard shows the strongest decline in number of homes sold since the last quarter of 2008. Month to month shows Camarillo spiking up in number of homes sold.
Detailed statistics for single family homes sold in:
Detailed statistics for condos sold in:
Detailed statistics for pendings (in escrow) – single family homes and condos sold in:
Comparing fourth quarter for number of homes in escrow to past years shows Ventura is down a bit from 2008 and 2009; Oxnard is substantially down and Camarillo is markedly down from 2009 but matching 2008.
Comments Off on Ventura real estate activity for December from the MLS
