Homebuyers Scramble in Year-End Spree

Homebuyers are scrambling in a year-end spree to snap up inventory, with for-sale homes moving 5 percent faster than this time last year, according to a data preview from realtor.com®. “We saw evidence of a stronger-than-normal off-season in September and October due to pent-up demand and surging interest from first-time buyers,” says Jonathan Smoke, chief […]

Fixed Mortgage Rates Move Higher

Freddie Mac Thursday released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the ninth consecutive week. Despite the recent jump in mortgage rates since the election, the annual average for the 30-year fixed-rate mortgage was 3.65 percent in 2016, the lowest annual average ever recorded in […]

What is my Westlake Village home worth? Market Report for 12/29/16

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 12/29/16

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 12/29/16

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 12/29/16

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 12/29/16

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 12/29/16

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 12/29/16

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 Agoura Hills home worth? Market Report for 12/29/16

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, […]

Market Feels Effects of Rising Rates, Pending Home Sales Pull Back

The housing market is feeling the effects of rising mortgage rates, with pending home sales pulling back to year-lows last month as homebuyers struggled to put purchases in play, according to the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, dipped 2.5 percent to 107.3 […]

Home Sales Rocket to Second Highest Point Since 2008

In November, sales of new homes hit their second highest peak since 2008, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). While these numbers have been fickle month-to-month, this is a hopeful sign of a surge in demand for the new year to come. November’s […]

Housing Confidence Hinges on Promise of Trump Growth Policies

More homebuyers and sellers are confident about the trajectory of the economy heading into the new year, based on the promise of growth from the Trump Administration’s much-speculated-about policies. A recent outlook released by Fannie Mae, however, dials that confidence down, arguing rising mortgage rates, among other factors, will suppress housing activity. According to Fannie […]

Predictions for the 2017 Housing Market

WalletHub recently announced its 10 financial predictions for 2017, forecasting several economic to-bes in the coming year. Many have implications for housing, including: Two Rate Hikes WalletHub is seeing double in 2017, pegging the Federal Reserve to raise the key rate twice—a quarter point each—to bring the target rate to 1.00-1.25 percent. Interest rates, including […]

The Hottest Colors for 2017, the New Neutrals

(BPT)—Make 2017 the year you update your home with “new” neutrals—hot, timeless colors that pair well with hues like cornflower, taupe, wine and sunny yellow. A departure from the monochromatic shades of prior years, the new neutrals transition from black and white to beige, khaki and taupe tones—taupe, in fact, an earthen brown-gray, was named […]

Where Are They Now? Mortgage Rates Respond to Fed Hike

Average fixed mortgage rates climbed again for the eighth week in a row following the Federal Reserve’s decision to raise the key rate, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), with the 30-year fixed-rate averaging 4.30 percent with an average 0.5 point—up from last week’s 4.16 percent. “A week after the only rate […]

Homes Appreciating at Pre-Bust Pace

Homes have appreciated to pre-bust pace, with values rising at an annual rate of 6.5 percent as of November, according to Zillow’s recently released Real Estate Market Reports, with the Zillow Home Value Index (ZHVI) at a median of $192,500. The pace of growth is the fastest since the 2006 peak of the bubble, when […]

Central and Eastern Ventura County Market Stats – YTD 12/22/16

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: 59 […]

What is my Westlake Village home worth? Market Report for 12/22/16

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 12/22/16

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 […]