Ventura home sale inventory jumps

At the beginning of each month, we take a snapshot to see how many homes are on the market for sale. As expected, the Ventura, Oxnard and Camarillo homes for sale inventory jumped. Why? The rush by first time buyers to get in on the Fed’s $8,000 credit sucked buyers from the late spring/early summer buying period when (historically) more homes come on the market for sale.  BUT – looking at June’s sale numbers, our area remained relatively constant and strong compared to a 30% drop nationally last month. Here are the inventory numbers.

Filed under article topic: Market statistics/Trends
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