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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Ventura. Low rates with flatening home prices makes a home purchase a great value! Call now for more information (805)312-0512
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| Average Home Price | $350,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $300,000 - $349,000 |
| Worst Selling Price Range | $700,000 - $749,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Ventura is | No Change |
| Seller Activity for the past 90 days in Ventura is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Take the strongest offer if at all possible not just the highest. Closing them is tough right now. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | This isnt Costa Rica yet! |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Market seems to be in a jugger knot. Properties are hard to buy and hard to sell. Is that even possible? YES! |
| Greatest Activity | Investors |
| Reason to Buy/Sell | Good economic news |
| Nearest Metro Area | Santa Barbara |
| Housing Hot Spots | Downtown Ventura 93001 zipcode |
| Average Sold Price | $350,000 - View Graph Trend |
Ventura Local News
News for Ventura, CA - September 23rd, 2011 9:33pm
The end is near. End of this market for Ventura that is. If you are looking for a home this is the time with rates at an all time low and prices to match. Distress properties are slowing and we are seeing the return of standard sales to the maket. Great rates + Great prices = dont be left behind saying I should of bought back then. NOW IS THE TIME!
News for Ventura, CA - June 28th, 2011 9:14pm
Ventura- Sluggish market makes it one of the best coastal property areas to buy and invest in. Call me today for more details. Investors welcome as well as home buyer. (805)312-0512
Contact Information
Larry Krogh
805-312-0512
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Larry Krogh
General Pacific Properties
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 805-312-0512
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