Realtors for Ventura | Oxnard | Camarillo

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.

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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?

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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.

• Quarterly graph
• 12 month graph

Sold prices – Condos in Ventura, Oxnard, Camarillo:

Fourth quarter shows a slight trending up for all three cities for sold prices for condos.

• Quarterly graph
• 12 month graph

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.

• 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 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.

• Ventura
• Oxnard
• Camarillo

For more detail of the month to month activity of foreclosures in Ventura County for 2010, you’ll see on the monthly chart that Notice of Defaults and Notice of Trustee Sales are again on the upswing and the Trustee’s Deeds (foreclosure complete) have a bit of fluctuation.

However, stepping back and looking at the broad trend of foreclosure activity on a quarterly basis since 2005 in Ventura County, the number of foreclosed homes is on the downward trend.  There were two spikes in the number of foreclosures both in the March and June quarters of 2008 with an even stronger spike in 2009. Check this out on quarterly chart!

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.