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The Housing Crisis, Is there a Ventura County Housing Bubble
#TimeToSell #ChrisBJohnsonRealtor 
Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home.
 
The current environment for housing in California is being routinely referred to as a crisis. Many consider it a bubble and anticipate the possibility of another crash.
For California, the “housing crisis” is a direct consequence of the state’s economic boom. And 30 years of resistance to housing development has resulted in an onerous environment for the creation of new housing today. California has always been a desirable place to live and over the decades has gone through periodic spasms of high housing costs. However, a booming economy and the lack of construction of homes and apartments have conspired to produce the current housing crisis.
The Heart of the ProblemThe economic recovery and expansion have not occurred without consequences.
The technology revolution, epicentered in California and in particular the Bay Area,
has resulted in the creation of thousands of higher paying jobs. The record levels of foreign and domestic visitors vacationing in California has also pushed job creation in the visitor serving ... more

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