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Personal Service, Professional Results

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July 2018 Ventura County Real Estate Market Update

July 30, 2018 by Derrick Timmons

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Another month has gone by here in Ventura County and the housing market hasn’t slowed down!  Is there pressure? Will rates go up even more?  Will home prices see a drop?  These questions and more are always hard to predict, but using the recent past data can help us know where market is trending.  This data can help us make informed decisions about the future.  Below you will see that there are more homes FOR SALE now than there have been in the last two years.  Sales are steady but with a slight drop.  This means home owners are understanding that home prices are still high and they can make the most money selling their home.  The question is, however, when will this end?  As of the writing of this blog, homes that are highly priced are STILL BEING BOUGHT.  There are some home reductions but there is no drastic indication that home buyers are unable to afford these homes.  See for yourself below.  The bottom line is, selling is still a GOOD IDEA.   Buying is also still possible, especially with interest rates still under 5% and mortgage lenders working hard to create great programs.  Check out these stats and please reach out if you have any questions.

 

Ventura County Real Estate Market

Camarillo Real Estate Market

Oxnard Real Estate Market

Ventura City Real Estate Market

If you liked these stats and would like to see different aspects of the real estate market please contact me and I can customize a search for you.

Derrick

805.807.3987

realtortimmons@gmail.com

Filed Under: Home Buyers, Home Sellers, Luxury, Market Updates, Uncategorized Tagged With: homes, houses, real estate

Derrick Timmons

realtortimmons@gmail.com
805-807-3987
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Our Mission Statement

“Personal Service, Professional Results”

Personal Service

In Real Estate there are deals and there are people behind the deals.  We focus on creating a smooth Real Estate experience for you by doing our best to understand what you need from us to make buying or selling a home successful.  We do our best by asking questions and listening to you carefully then genuinely serving your needs. 

Professional Results

We also, however, strive to get you the results you want by being tough in negotiating the best deal for you and being organized and communicative during this complex transaction to make sure every part of the process is taken care of properly.  To help you accomplish your goals, Derrick applies his successful competitive experiences in sports and education to exceed performance expectations and get you the results you want.

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