Ventura County Real Estate

The  National Association of Realtors  (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six years.   However, since 2014, that average is almost ten years – an increase of almost 50%. Why the dramatic increase? The reasons for this change are plentiful! The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property). Also, the uncertainty of the economy made some homeowners much more fiscally conservative about making a move. With  home prices rising  dramatically over the last several years,   95.3% of homes with a mortgage are now in a positive equity ...

Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent   report   by   Zillow Research   shed light on a survey conducted by   Pulsenomics   in which they asked economists, investment strategists and market analysts how they felt about the current housing market. That report revealed the possible timing of the next recession: “ Experts largely expect the next recession to begin in 2020.” That timing concurs with a   recent survey   of economists by the   Wall Street Journal : “The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed.” Here is a graph comparing the opinions of those surveyed by both the   Wall Street Journal   a...

Beautiful Highly-Upgraded Single Story Home in Dos Vientos! 3 Bedrooms, 2 Baths on Large Private Corner Lot. Gorgeous Wood Floors Throughout, Crown Molding, Ceiling Fans, Venetian Plaster & Designer Paint, Built-ins & New Custom Cabinets. Living Room with Fireplace and Custom Built-in Bookcase/Shelving, Formal Dining. Gourmet Kitchen with New Cabinets, Big Island with Breakfast Bar, Corian Counters, Newer Stainless Steel Appliances, Built-in Desk With Glass Cabinets. Large Master Suite with Sliding Doors to Yard, Luxurious Bath with Granite Counters, Dual Vanities with New Sinks, Mirrors, Shower With Glass Door & Soaking Tub, Big Walk-in Closet with Built-ins. Spacious Secondary Bedrooms w/Mirrored Closet Doors. Expansive Private Lush Yard with Large Covered Stamped Concrete Patio, Big Grassy Area, Fruit Trees. 2-Car Garage with Built-in Cabinets. Wonderful Curb Appeal with Covered Porch. Community Pool/Spa & Clubhouse.      https://ww...

5 Via Mariposa, Dos Vientos, Newbury Park   Pristine Charming Cape Cod Style Home at end of small cul-de-sac. Beautiful Curb Appeal with Stone Walls, Extensive Hardscape, Lush Landscaping on Expansive Private Yard. Cathedral Ceilings Enhance Formal Living and Dining Room. Light and Bright Open Floor Plan with Lots of Windows. Tile Floors, Designer Carpet, Plantation Shutters. Downstairs Private Master Wing with Bonus Seating Area & Builder Option Office/Gym. Spa Quality Bath w/Tub and Shower, Dual Vanities & Walk-in Closet. Downstairs Ensuite Bedroom and Powder Room. Chef's Kitchen with Oversized Island, Breakfast Bar, Upgraded Cabinets Adjoins Spacious Family Room With Fireplace. Upstairs Includes Huge Bonus Room, 2 Additional Large Bedrooms and Bath. Private Backyard with Large Patio, Mountain Views, Gorgeous Landscaping, big side yard. Prime location, walk to Sycamore Canyon School, Parks, The Village. Well Kept Home. Must See! ...

Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to   Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! Lock in a low rate now while you can! http://www.mcqueenandassociates.com

McQueen Dos Vientos Open Houses Sunday June 8th 1:30-4:30   687 Camino de la Luna (Harvest Moon) 5 Via Mariposa (La Cresta) 989 Via Palermo (Estancia)   1096 Via Palermo (Estancia)   4925 Via El Cerro (Custom)