santa paula: Out With The Old; In With The New? - 01/02/10 03:03 AM
If you dislike reading and looking at statistical charts you may want to pass on this article present in www.venturacountyretalk.com.  However if charts are not disturbing then you will get an enlightning picture of Ventura County real estate for the immediate period (2009) as well as for the last 16 years (1994 through 2009).
Charts are used extensively because more information can be presented in a limited space.
The Ventura County real estate market has been choppy over the last year due in large part to foreclosures and the reverse of that.....new buyer credit.
Words however do not tell the story.  The … (0 comments)

santa paula: Summer Doldrums.... - 07/12/09 05:48 AM
Normally at this time of year people who want to buy are out in full force looking and planning to move, and if they have kids, registered in their new school.  They want to get over with before school starts.  
But the economy has many people concerned about jobs so the norm has changed.
Until unemployment shows signs of decreasing (which it is not); until there are more new jobs being created (which isn't the case); and the general public show strong confidence in the economy (people are perplexed and are tending to decrease spending); the real estate market will tend to go sideways with a bias … (1 comments)

santa paula: Real Estate Is Starting To Sparkel To….. - 07/05/09 06:49 AM
We are celebrating our 4th of July and many of us witnessed the sparkles in the night sky to remind us of our Country's birthday.
As with the Country's birthday real estate is now showing signs of sparkles as well.
Not with the dazzle of what we saw in the night sky on the 4th.  It is somewhat more mute in the market place but the amber's are there and when this side-way activity is complete there will a significant acceleration upward in home prices.
Items contributing to this price acceleration will include:
1.  Of course there is the pent up demand … (0 comments)

santa paula: The Elephant Is Moving..... - 06/28/09 05:21 AM
As noted in this blog over the last several months prices are starting to creep upward.  Nothing  dynamic but the prices are solidifying the base that has been in effect since November, 2008. 
There will be some sideways but the worse is over.  In fact it has been reported recently that appreciation in Ventura County stands at 5.8% since the beginning of the year.  You will note on the chart above that one should expect an 8.7% increase for 2009.  In 2010 the appreciation will increase to 17.9%.
The two things needed for the real estate market to really explode upward are new job creation … (5 comments)

santa paula: People Are Talking - 05/10/09 08:21 AM
Article shows that the Ventura County market is doing well and the real estate forecast is upbeat especially for years after 2012.  Noted are some economic issues that will not hurt real estate directly but they will impede and forestall significant single family home price increases for a period.  Also the article illustrates the price breaks (by area) which has made this market what it is since the beginning of the year though May 9, 2009.
Overall the market is going to be excellent starting the last quarter of 2009.  However significant unemployment and the lack of job creation will not … (1 comments)

santa paula: Watching Grass Grow. - 04/26/09 11:43 AM
There is a lot of BS going on in government with deflective stories being written to turn people's attention away from our economic problems and creating bigger government. 
Words uttered by any Federal or State representative should put one on guard.
What is being said is to make people feel good; what is being done will make people sorry and at a point they think there isn't anything they can do.  
An example is the "rainy day set aside" proposal that California will vote on this May.  Sounds good to set something aside.  It makes one think that someone is taking steps … (5 comments)

santa paula: Back In The Saddle. - 04/19/09 05:47 AM
A review of the political and real estate gyrations for the last several months.  But the real estate market is getting stronger in Ventura County and it like the rest of the Country will see a upside starting around September/October, 2009.  Prices will exceed the highs witness in the mid-2000's by 50% or more.
For the complete article go to:  www.venturacountyretalk.com.
(1 comments)

santa paula: What A Difference A Year Makes/ - 03/01/09 06:12 AM
Summary article of the latest national real estate market; tax impact of mortgage interest not being a deduction and its' impact on the real estate market; and the surprise increase in sales within Ventura County this year as compared to 2008.
For complete article go to:  www.venturacountyretalk.com
(0 comments)

santa paula: Fear Is A Great Change Motivator/ - 02/15/09 10:04 AM
Article discusses what the stimulus package contributed to real estate.  It also notes the changes announced by Freddie Mac and Fannie Mae regarding investors increase buyng.  Ventura County real estate is addressed noting that perhaps November, 2008 was a possible bottom for the County.
To read the full article go to www.venturacountyretalk.com
(0 comments)

santa paula: Whats Next Doc/ - 02/01/09 05:50 AM
Commentary of Washingtons doings and its impact on the real estate market.  Noted were Ventura County January, 2009 monthly sales, compared with sales of the January, 2008.  Readers are directed to read the forecast for Ventura County for the year 2009 and beyond.
(1 comments)

santa paula: We Have Lost Our Compass. - 01/01/09 05:34 PM
An opinion of decade old problems that we will pass to our kids.  For complete article go to:  www.venturacountyretalk.com.
(3 comments)

santa paula: Red Lining. Alive and Well in Real Estate. - 12/12/08 07:28 AM
An opinion of red lining in high foreclosure areas.
For complete article see:  www.venturacountyretalk.com
(1 comments)

santa paula: Ballons In Santa Paula. - 07/25/08 03:08 AM
Friday morning there were five balloons landing at the Santa Paula airport.  Big day for those who want to go up in an hot air balloon.
For pictures go to:  www.venturacountyretalk.com
(2 comments)

santa paula: Happy days are here again - 07/19/08 04:17 AM
Constantly all one hears or reads today is what is wrong with real estate. 
Sales, mortgages, lenders, brokers, inventory have all had their share of headlines. 
BUT the numbers show a different story.
For the full article go to:  www.venturacountyretalk.com
(3 comments)

santa paula: http://www.venturacountyretalk.com/2008/07/17/are-you-a-real-estate-professional-maybe-not-says-irs/ - 07/17/08 05:30 AM
If you're a real estate investor who has ever taken a real estate loss on your tax return, there is a target on your back. For months, members on my Forum have been complaining about being selected for audit, and losing, based on the IRS's new set of real estate professional guidelines.

Under tax law, a "real estate professional" isn't always a licensed real estate agent or a broker. It's a tax classification, and it's an important one. As a regular real estate investor, you are limited to deducting $25,000 in passive losses each year, against your passive income. That … (0 comments)

santa paula: http://www.venturacountyretalk.com/2008/07/06/monday-morning-coffee-break-ventura-county-real-estate-doing-for-week-ending-july-5-2008/ - 07/06/08 12:19 PM
Watching grass grow is much more exciting than the real estate market.
However there are signs that the bottom has been set. 
The past week showed listing decreasing, sales increasing, the days on the market for sold homes decreased but the variance between list price of sold homes and the sales price showed an increase.
To read the full article go to:  www.venturacountyretalk.com
(0 comments)

santa paula: http://www.venturacountyretalk.com/2008/07/04/beach-fun-and-beach-perils/ - 07/04/08 07:39 AM
This summer (or any day for that matter) we will go to the beach for a fun time in the water and sun.
But one has to be vigilant, especially if you have young children accompanying you to the beach. 
Rip currents; sting rays and hitting the bottom after a wave hit can be trying moments.
To read the full article go to:  www.venturacountyretalk.com
(0 comments)

santa paula: if-your-personal-id-can-be-stolen-why-not-your-home/ - 06/22/08 08:52 AM
It was reported in the Sunday Los Angeles Times (June 22, 2008:  author-Lew Sichelman) that homes and home equity are being stolen by identity thieves.
It appears that one goes hand in hand with the other.  If a person can steal your identity why can't they steal your home.
To see total article go to:  www.venturacountyretalk.com
(3 comments)

santa paula: Monday Morning Coffee Break: Ventura County Rea Estate Doings for W/E May 31, 2008 - 06/01/08 09:43 AM
Changes continue in the Ventura County market place and a big change has been made in the presentation of the statistical data made in this weekly column.
For complete article go to:  www.venturacountyretalk.com
(0 comments)

santa paula: Is $ 5 or $ 10/ Gallon Gasoline Going To Kill Real Estate In Ventura County? Or Any Other Place? - 05/25/08 01:49 PM
Gasoline at $ 5 per gallon?  You have to be kidding!
What! $ 10 per gallon gasoline.....you must be plain nuts!
Well I was surprise to see gasoline pass the $ 4.00 mark and there is nothing to suggest that it will not go to $ 5.  Ten $ may be a stretch but if we don't get our act together that will be reached in a blink of an eye.
To read complete article go to:  www.venturacountyretalk.com
(7 comments)

 

John Duffner

Santa Paula, CA

More about me…

John Duffner's Real Estate Inc

Address: 633 N. 9th Street, Santa Paula, CA, 93060

Office: (805) 525-3417

Mobile: (805) 479-9964

Focus on Ventura County weekly real estate with some commentary of National Real Estate activity.


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