Realtors for Ventura | Oxnard | Camarillo

I’ve just come back from 2 1/2 weeks doing home inspections for FEMA in New Jersey and New York for homeowners hit with hurricane Irene and hit again with torrential downpours from tropical storm Ike.

But I was pulled from that area and sent to Binghamton, New York, where they had just been hit with a  100 year flood. The Susquehanna river had flooded major parts of the city forcing the relocation of hundreds from a senior complex, sending many of them to a rapidly organized shelter at the Events Center (large basketball arena) at the University of Binghamton (SUNY). Many were housed in the “Med unit” which was a quasi medical unit staffed by medical personnel.

It’s tough to lose a lifetime of memories in a major disaster. Another inspector shared how she inspected a heavily damaged home where the lady of the home had just given birth 8 days before her home was flooded. But FEMA has learned from Katrina – it flooded the area with inspectors and had fast turnaround times for those in need.

For me, it was a big change of pace from the “routine” of real estate! We worked literally from sun-up to sun-down, 7 days a week. I skipped lunch every day, did a lot of walking, and lost weight to boot!

A new feature of trendlines has been added this month to the three 12 month graphs to give a quick visualization of the numbers sold and the sold prices in Ventura, Oxnard and Camarillo.

Also featured is the percentage of single family homes that were distressed sales in the month of August are:

Ventura – 51%      Oxnard – 57%      Camarillo – 22%

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

• 12 month graph – The trendline for Ventura is just above $400k, Oxnard is steady at $300k but bumped up to $315k in August, and Camarillo has been slowly trending downward toward $450k but bumped up to $515k in August.

• Quarterly graph ending 2nd quarter – Ventura is on the increase, Oxnard remains unchanged and Camarillo shows a slight decrease in sold prices.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph – The trendlines for both Ventura and Camarillo are slowly trending  downward, with Oxnard relatively unchanged.

• Quarterly graph ending 2nd quarter – Ventura shows a slight decrease, Oxnard a modest decrease and Camarillo a slight increase in sold prices.

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

• 12 month graph – The trendlines for both Ventura and Camarillo are slightly increasing, with Oxnard staying fairly steady.

• Quarterly graph ending 2nd quarter – All are trending upward for number of homes sold.

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

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

• Ventura – strong (81) but slightly down from 2010 (95).
• Oxnard – very strong and increasing.
• Camarillo – maintaining.

All data is taken from the Ventura, Oxnard and Camarillo MLS.

What did I get myself into I thought as I volunteered to be a “pylon dog” at the Camarillo air show?!?

The air show organizers tried to bring a high level of excitement and buzz to the show this year by having another organization bring their race to Camarillo. Seven aerobatic planes would “race” down the field, slaloming between 60′ – 70′ high inflatable pylons – cool!

I envisioned having to stand next to these things while the planes screamed just over my head. I’d been told that in practice (at another field), the planes got as low as 7′ – but I figured, that’s okay – I’m less than 6′ tall, so no problem…

Besides, I was told the FAA had set a minimum floor of 15′ for these guys – lots of room!

But ultimately, there was no racing because of lots of complications between the race organizers and the FAA. – bummer.

But what a beautiful weekend for an air show – lots of sun, noise and smoke as all types of planes flew throughout the weekend.

And we put up the pylons each day to give the crowd an idea of what the race may have looked like  – maybe next year! Read the rest of this article »

More homes in foreclosure have been progressing to a sale date and not being cured in the initial Notice of Default phase. Usually, about 40 – 50% end up going to sale, but July REOs were at a yearly low of 28%. This decrease might be contributed by home owners getting loan mods or successful short sales.

NODs have been steady since April at about 400; NTSs match June at 519; and REOs rolled over from 233 to 145.  See the 12 month chart.

Check out the 12 month graph for monthly foreclosure activity for Ventura County. NODs are on a slight decline; NTSs spiked up last month –  now settling back down; and REOs are on the slight increase.

See the quarterly chart showing  Q2 foreclosure activity. The long trend is: NODs are declining; NTSs show a general downward trend with a slight uptick in June; and REOs were declining but spiked in Q2 of 2011.