To Buy a New or Previously Owned Home

Since 1981, the Profile of Home Buyers and Sellers has collected data on whether home buyers purchased a new home or a previously constructed existing home. For many people around the country, new home construction simply does not exist in their area and moving to a location with new homes becomes a geographic hike that […]

Ventura County Market Stats – YTD 9/29/16

Curious what the change in the market has been so far this year?  Want to know what your house is worth now compared to January 1st 2016?  Wonder no more!  Below is a comprehensive update on the change in market stats since January 1st to today? Agoura This week Begining of Year Difference Active: 80 […]

What is my Westlake Village home worth? Market Report for 09/29/16

This Week’s Home Prices in Westlake Village  Real estate market data provided by Ryan Huggins of Huggins Homes About the Westlake Village Area Westlake Village is a planned community that straddles the Los Angeles and Ventura county line. The eastern portion is the incorporated city of Westlake Village, located on the western edge of Los […]

What is my Thousand Oaks home worth? Market report for 09/29/16

This Week’s Home Prices in Thousand Oaks  Real estate market data provided by Ryan Huggins of Huggins Homes About the Thousand Oaks Area The City of Thousand Oaks is a premiere community recognized for being one of the most desirable places in all of California to live, work, recreate, and raise a family. Located in […]

What is my Simi Valley home worth? Market Report for 09/29/16

This Week’s Home Prices in Simi Valley  Real estate market data provided by Ryan Huggins of Huggins Homes About the Simi Valley Area The city of Simi Valley (from the Chumash word, Shimiyi), is situated in the southeast corner of Ventura County. The city’s 2014 population has been estimated at 126,871, up from 111,351 in […]

What is my Newbury Park home worth? Market Report for 09/29/16

This Week’s Home Prices in Newbury Park  Real estate market data provided by Ryan Huggins of Huggins Homes About the Newbury Park Area Newbury Park is a community located mostly within the western portion of the city of Thousand Oaks in Ventura County, California. The census-designated place (CDP) of Casa Conejo is also part of […]

What is my Moorpark home worth? Market Report for 09/29/16

This Week’s Home Prices in Moorpark  Real estate market data provided by Ryan Huggins of Huggins Homes About the Moorpark Area Moorpark was founded when the application for the Moorpark Post Office was granted on June 1, 1900. The townsite of Moorpark was owned and surveyed by Robert Poindexter and his wife, Madeline. The town […]

What is my Conejo Oaks home worth? Market report for 09/29/16

This Week’s Home Prices in Conejo Oaks  Real estate market data provided by Ryan Huggins of Huggins Homes   About the Conejo Oaks Area   Conejo Oaks is a hidden gem in the heart of Thousand Oaks.  One of the original communities this area boasts large lots, some of which are even horse zoned!  Many […]

What is my Camarillo home worth? Market Report for 09/29/16

This Week’s Home Prices in Camarillo  Real estate market data provided by Ryan Huggins of Huggins Homes  About the Camarillo Area Camarillo is named for Adolfo and Juan Camarillo, two of the few pre-1848 California natives of Hispanic ancestry to preserve the city’s heritage after the arrival of Anglo settlers. The railroad coast route came through […]

What is my Calabasas home worth? Market Report for 09/29/16

This Week’s Home Prices in Calabasas  Real estate market data provided by Ryan Huggins of Huggins Homes About the Calabasas Area It is generally accepted that the name of Calabasas is derived from the Spanish calabaza meaning “pumpkin”, “squash”, or “gourd” (cf. calabash). Some historians hold the theory that Calabasas is derived from the Chumash […]

What is my Agoura Hills home worth? Market Report for 09/29/16

This Week’s Home Prices in Agoura Hills  Real estate market data provided by Ryan Huggins of Huggins Homes About the Agoura Hills Area The area was first settled by the Chumash Native Americans around 10,000 years ago. As the Alta California (Upper California) coast was settled by Spanish Franciscan missionaries in the late 18th century, […]

Expect Slower Price Growth in Next 12 Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” The map below shows the median expected price change in the next 12 months among REALTORS® who […]

Home Prices Continue to Accelerate

Home prices continued their rise across the country over the last 12 months, according to recent data from the S&P CoreLogic Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.1 percent annual gain in July, up from 5.0 percent last month. The 10-City […]

New Home Sales Tumble in August but Still Top Projections

Sales of new single-family houses in August slipped 7.6 percent, but remain above monthly projections, according to new results from the Commerce Department. Single-family home sales were at a seasonally adjusted annual rate of 609,000, soaring 20.6 percent above the August 2015 estimate of 505,000. So what are homes selling for? According to the study, […]

Existing-Home Sales Ease in August

Existing-home sales eased up in August for the second consecutive month despite mortgage rates near record lows as higher home prices and not enough inventory for sale kept some would-be buyers at bay, according to the National Association of REALTORS®. Only the Northeast region saw a monthly increase in closings in August, where inventory is […]

Single-Family Homes Are a Buyer’s Best Friend

Overwhelmingly, home buyers have purchased detached single-family homes more than any other type of home in the last 35 years. Since 1981, the Profile of Home Buyers and Sellers has collected data on the types of homes purchased throughout the three-and-a-half decades. Consistently, 74 to 88 percent of home buyers purchased single-family homes each year. […]

REALTORS® Reported “Weak” Supply Amid “Strong” Demand in August 2016

The Buyer Traffic Index provides information on the level of homebuying demand or interest which may materialize as a contract to purchase or closed sale after two or three months. The index for each state is based on data for the last three months to increase the observations for each state. Small states such as […]

August Market Holds Steady

From 10,000 feet, the U.S. housing market has been nothing if not predictable in 2016 – inventory has been down, home values have grown at a remarkably steady pace and sellers have largely been sitting pretty. None of these trends shifted meaningfully in August, though there are a precious few signs emerging that hint at […]

Economic Growth Set to Accelerate

Economic growth is poised to accelerate to 2.6 percent in the second half of the year, a rebound from the lackluster growth of 1.0 percent in the first half of 2016, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s September 2016 Economic and Housing Outlook. The ESR Group’s full-year 2016 forecast remains at […]

Rates Hold Steady for Now, Fed Action Points to Possible Hike in December

The Federal Reserve kept the benchmark rate unchanged on Wednesday, in a divided vote that alludes to the possibility of a hike before the end of the year. “The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence […]