Ventura Housing Market

by Teryn on August 23, 2014

Inventory of vta homes 2013 092314

2013 Pace of Ventura Sales

Last year it was easy to see that the inventory of homes was very low during 2013 and got skinnier as the year continued. You could almost feel it in the air.

The beginning of the year looked very hopeful for buyers coming into the market. For every home sold, two homes were coming on line. This meant there was certainly inventory to choose from. By December, the ratio showed only 1/2 a house coming on the market for every sale! Very little choices and sellers were really controlling the market as prices started increasing. It was a crazy time with many multiple offer situations and very short Days on Market. For buyers, pickings were slim for sure. For sellers, they were finally seeing an increase in equity because of rising home prices. Inventory of vta homes 2014 092314

2014 Pace of Ventura Sales

2014 so far has been pretty much a repeat of last year. While May showed a promising uptick in inventory, June mirrored last year’s ratio of one house sold to one house coming on the market.

Median price of vta homes 092314

What does that mean really?

The median price of homes in Ventura is on the rise – as it has been for quite a few years.  In 2010 I listed a three bedroom, two bathroom handyman special for $360,000. That same house I would put on the market for no less than $$460,000. Imagine if you had bought that house and did the remodel? That same house could rent today for $2800 a month.

If you are in the market to purchase a home, give me a call and let’s talk about all the benefits of homeownership. We’ll also discuss your “exit strategy” options that address building wealth in real estate.

If you are in the market to sell your home, give me a call and let’s talk about your next step. Moving up? Moving on? Moving over? I know all the techniques of getting top dollar.

If you are just curious as to what your home is worth, give me a call and let’s discuss selling or holding on to your investment. As a landlord for over 20 years and having purchased many homes, many ways, over the years – with equity, as a 1031 exchange and with savings – I can give you many options to consider!

Not only is real estate a good investment, it can be your retirement income as well. I’ll show you how!

{ Comments on this entry are closed }

Just Sold – Stunning Remodel

by Teryn on August 10, 2014

Palomares front

Welcome to the neighborhood!

My clients purchased this gorgeous home in a delightful central mid-town location. Highlights include a separate artist or yoga studio that could also be a kids playroom or workshop, beautiful interior updates and stunning landscaping. The home is bright, spacious and sunny.

Relocating from the East Coast, this is a the perfect place to call home for this family to establish roots in their community and raise their kids surrounded by new found friends and visiting relatives.

If you or someone you know is moving, please give me a call to discuss making your dreams come true!

{ Comments on this entry are closed }

It’s Your Move

July 28, 2014

The days of bribing friends and family to help you move are probably long gone. But getting help isn’t necessarily any easier — finding a good, reliable moving company that can get the job done right takes careful research. Before you hire any moving company, do a little legwork to make sure it’s legit, in [...]

Read the full article →

Just Sold – Beautiful Oxnard Townhouse

July 11, 2014

Welcome to the neighborhood! My clients purchased this very beautiful home in a wonderful neighborhood in Oxnard. Highlights include beautiful finishes, awesome paint colors and a spacious backyard for their new dog! Buying their first home together, this is a the perfect place to call home for this couple who have an active lifestyle and makes for an [...]

Read the full article →

Guiding Light

July 10, 2014

Need a little more light in your life? See for yourself the difference that light bulbs and lamp shades can make with a room’s mood. Check out these bright ideas from RealSimple.com. In the bathroom, use overhead lights to get rid of shadows; sidelights flanking the mirrors are perfect for makeup application. In the kitchen, [...]

Read the full article →

Design Tips for Room Projects

July 2, 2014

Before you start your next home renovation project, consider your space needs first. HGTV and DIY Network offer these tips for taking on room projects that will give your home a fresh look. First, think long term. Since most homeowners are likely to stay in the home at least five years before they see real [...]

Read the full article →

Sweep it Clean

June 24, 2014

You want to roll out of the red carpet for potential buyers — not a dirty one. Consider these tips from Martha Stewart for keeping your carpets in tiptop shape this season and every season. Shoes track in most of the dust and dirt. This buildup can create foul odors and trigger asthma attacks. For [...]

Read the full article →

It’s Rattlesnake Season!

May 19, 2014

With the weather warming up, rattlesnakes are showing up a lot earlier this season! California Poison Control has recorded 84 rattlesnake bites in California this year, higher than usual. Of the 800 bites each year in California there’s usually one or two deaths. Most bites occur between the months of April and October. Here are some [...]

Read the full article →

Allergy Proof Your House

May 15, 2014

Spring is prime time for itchy, watery eyes and never-ending sniffles. Do you or someone in your house have allergies? Get relief — in every room — with tips from the Mayo Clinic on how to allergy-proof your house. Bedroom: Choose bedding that is made of synthetic materials, and wash sheets, pillowcases and blankets in [...]

Read the full article →

Houses Get Older

May 1, 2014

The well-documented aging of the baby boomer generation may be mirrored by the aging of American’s housing stock. The US Department of Housing and Urban Development’s American Housing Survey finds that the median age of an owner-occupied home in the US was 35 years old in 2011, up from a median home age of 23 [...]

Read the full article →