Home sales drop 21.4% in July?

The Los Angeles Times reported today (“Home Sales Slump in July” – Business section) that SoCal saw a 21.4% drop in sales between July/2010 and July/2009. Is that true for our area? NO! Sales in Ventura and Camarillo were UP in that year over year comparison, while Oxnard was in fact down. General media headlines can be unsettling, but Ventura home sales are NOT like the Inland Empire, et al, so when reading the headlines, dig a little bit deeper and check out our statistics for the truth!

Filed under article topic: Market statistics/Trends
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