J.P.Morgan Chase and Citigroup both formally announced stopping new foreclosures while the Obama administration finalizes their plans to solve the housing crisis. How does this affect the Ventura real estate market? Read the rest of this article »

Ventura City Council will be considering approval of the controversial final draft of The Victoria Avenue Corridor Plan on Monday, February 23, 2009 at 7:00 p.m. at City Hall Council Chambers. See the article from yesterday, February 11th, for more detail and updating the meeting date.

This Plan would guide land use decisions for the location, design and appearance of future development.

The Planning Commission for Ventura presented to the public and the Ventura City Council recently their recommendation for approval of the final draft of the controversial Victoria Avenue Corridor Plan.

Victoria Avenue shop frontage

Read the rest of this article »

Today’s Wall Street Journal had an article dealing with the nation’s inventory of homes for sale and stated that there is currently about a 9 month supply of homes nationally. But Leslie just published yesterday our local real estate MLS data statistics for January and so I was curious about our local inventory levels. How do we fare? Read the rest of this article »

Ventura real estate activity is directly reflected in pendings – homes that have gone into escrow. This data is taken directly from the Ventura MLS and provides a monthly and quarterly summary since January 2007.

Oxnard real estate activity is directly reflected in pendings – homes that have gone into escrow. This data is taken directly from the Oxnard MLS and provides a monthly and quarterly summary since January 2007.

Camarillo real estate activity is directly reflected in pendings- homes that have gone into escrow. This data is taken directly from the Camarillo MLS and provides a monthly and quarterly summary since January 2007.

Here are the January sold statistics for Ventura in our new expanded 12 month format. The homes sold and condos sold data comes from Ventura MLS listings.

Here are the January sold statistics for Oxnard in our new expanded 12 month format. The homes sold and condos sold data comes from Oxnard MLS listings.

Here are the January sold statistics for Camarillo in our new expanded 12 month format. The homes sold and condos sold data comes from Camarillo MLS listings.