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Although the media is stating that there will be a 3-5% drop in real estate property values this year (2007), things are heating up in Ventura county and in particular in Camarillo. The lower priced properties are still not moving as quickly as many sellers would like, but the higher end, more unique properties are moving rapidly. We've seen a great resurgence in the market for these higher end ($1M+) properties. Buyers are excited about getting these "one of a kind" properties at a more reasonable price and while bank interest rates are still low. ;)
;)
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