****CALLING ALL INVESTORS- If you are interested now or someday in being a part of an investment group please email me at realtortimmons@gmail.com. The focus will be multi-unit residential properties that are undervalued and have room for profit. If you would like more details please let me know.
The holidays are over and as predicted, the real estate market is heating up! While many were trying to keep up during the holidays, spring is the time to consider your next move. Are you thinking about your next Real Estate sale or purchase? You aren’t alone. Every year this is the time when big life goals come into question and real estate is often the first choice to consider.
ONE: This below market summary is Camarillo focused, however, it is indicative of all markets in Ventura County right now. If you have a specific city you would like more information on, let me know. Take special note of the spike in listing prices and days on market. These stats become more apparent when more buyers begin to be interested and enter the buying pool the closer we get to summer.
TWO: Here are the current mortgage rates over the last few months. Trending downward!
Investors
Please see note above- there will be opportunities and I look forward to helping you find them. If you have cash you are positioning yourself even better than before to get a good deal. As I mentioned, there are many challenges with getting homes to appraise right now. If you buy all cash there is typically no appraisal which is very attractive to sellers. There is RISK but over a long enough time frame you WILL make money. Let me know if you want to chat about your options and how to find that good deal.
Buyers
Timing is important to consider in a larger perspective…if you are afraid that the market will drop in the short term then your stress level will probably be very high and be incredibly hard for you to actually purchase. But if you have a longer term perspective of growing your equity and your value in your home over a period of time of 5+ years, then our area of Ventura County is unbeatable. This upcoming spring you can EXPECT for rates to drop even more…which can create some great opportunities.
Sellers
Choosing what upgrades and fixes to do with your home is an important decision so you can increase your value without breaking your budget. By doing a few small things it can make a big difference. Mulch. Yes, mulch. New mulch is quite cheap but it makes the areas around bushes and planters look much more appealing to first time viewers of your home. Curb appeal is real. Paint and general clean up of the home can also put an important finished look for your home. A seller must understand the psychology of a buyer…if a buyer is going to pay a lot of their hard earned money into your home shouldn’t it look worth it? Talk with me to help you decide what is right for you.
If you liked these stats please reach out and let me know about it! If you have any questions about the Real Estate market or the process of buying or selling a home please contact me. Contact me today if you are ready to buy or sell a home.
*********If you are receiving this email for the first time-congratulations! You were added to the list since my last post! I would love to chat with you about any of your real estate needs. If you wish to be removed, no worries, just follow the procedure at the bottom of this email. If you have any questions or would like more specific stats let me know.
Cheers!