Ventura County Real Estate

www.McQueenandAssociates.com 35 N Via El Toro $1,039,000 https://www.flexmls.com/share/1PpSC/35NViaElToroNewburyParkCA91320 5318 Via Quinto $1,150,000 https://www.flexmls.com/share/1PpSn/5318ViaQuintoNewburyParkCA91320 989 Via Palermo $1,519,000 https://www.flexmls.com/share/1PpT5/989ViaPalermoNewburyParkCA91320 1090 Via Palermo $1,449,000 https://www.flexmls.com/share/1PvYn/1090ViaPalermoNewburyParkCA91320 4925 Via El Cerro $4,500,000 https://www.flexmls.com/share/1PpRF/4925ViaElCerroNewburyParkCA91320 www.McQueenandAssociates.com

It’s no mystery that cost of living varies drastically depending on where you live, so a new   study   by   GOBankingRates   set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out on top as most affordable, requiring the smallest salaries in order to buy a median-priced home. States with large metropolitan areas saw a bump in the average salary needed to buy with California, Washington, D.C., and Hawaii edging out all others with the highest salaries required. Below is a map with the full results of the study: GoBankingRates   gave this advice to anyone considering a home purchase, “Before you buy a home, it’s important to find out if you can afford the monthly mortgage payment. To do this, some financial experts recommend your housing costs — primarily your mortgage payments — shouldn’t consume more than 30 percent of your mont...

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to   Pulsenomics’ most recent   Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this January. If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years? Since the experts predict that home prices will increase by 5.0% in 2018, the young homeowners will have gained $12,500 in equity in just one year. Over a five-year period, their equity will increase by over $48,000!   This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth. Bottom Line Not only is homeownership something to be proud of, but it also offers ...

In many markets across the country, the number of buyers searching for their dream homes   greatly outnumbers   the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, understanding your budget will give you the confidence of knowing if your dream home is within your reach. Freddie Mac   lays out the advantages of pre-approval in the ‘ My Home ’ section of their website: “It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.” One of the   many advantages   of working with a local real estate professional is that ...

  1761 Crystal View CIR, Newbury Park Saturday April 14th 1:30-4:30         1385 Bridgegate ST, Westlake Village Saturday April 14th 1:00-4:00           4925 Via El Cerro, Newbury Park Sunday April 15th 1:30-4:30         5318 Via Quinto, Newbury Park Sunday April 15th 1:30-4:30         78 Via Mirabella, Newbury Park Sunday April 15th 1:30-4:30

A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices! Inventory continues to rise in the luxury & premium home markets which is causing prices to cool. Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!

78 Via Mirabella, Newbury Park Open House Sunday April 15th 1:30-4:30 Gorgeous 4 Bedroom 4 Bath in Sought-after La Cresta w/Private Lot & Mountain Views. Popular open Plan w/Downstairs Bedroom Ensuite & Office (possible 5th Bedroom). Gorgeous Acacia Wood floors, Travertine, Newer Carpet, Crown Molding & Window Treatments. Formal Entry to Cathedral Ceiling Living Room & Separate Dining w/French Doors to side Patio. Spacious Family Room w/Fireplace & Custom Media Center adjoins Gourmet Kitchen w/Stainless Steel Appliances & Breakfast Nook w/Oversized Windows, Lush Yard w/Views. Master w/Sitting Area & Luxurious Bath w/Travertine, Double Vanities & Big Walk-in Closet. Two additional Bedrooms w/Walk-in Closets, Jack & Jill Bath & Loft. Upstairs Laundry w/Sink. Fabulous Yard w/Terraced Seating Area, Waterfall, Huge Patio & Mountain Views, Walk to Parks, School & Shopping. https://ww...