ventura county short sale realtor: Tips for Effectively Making an Offer #TimeToBuy #ChrisBJohnsonRealtor - 05/23/17 06:17 PM
4 Tips for Effectively Making an Offer So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!
Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:
1. Understand How Much You Can Afford “While it's not nearly as fun as house hunting, fully … (0 comments)

ventura county short sale realtor: #ChrisBjohnsonRealtor, Do You Know the Cost of Waiting to Buy a Home? - 05/05/17 09:05 AM
Some Highlights: The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.9% according to CoreLogic. Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!  
« Financial Planning: 4 Reasons to Buy a House Today 
(0 comments)

ventura county short sale realtor: #ChrisBJohnsonRealtor, FinancialPlanning: 4 Reasons to Buy a House NOW - 05/04/17 07:52 PM
Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post.
1. Buying is Cheaper Than Renting The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The report reveals that:
“Interest rates have remained low, and even though home prices have appreciated around the country, they haven’t greatly outpaced … (2 comments)

ventura county short sale realtor: Your Real Estate Update - 05/02/17 06:17 PM
Your Real Estate Update   FROM CHRIS B JOHNSON Home Values      

Another Sold In Moorpark
We Can Sell Yours Too!
Read more.   5 Ways to Save on Home Renovation Costs So You Don't Go Broke

Read more.   8 Hidden Costs When You Buy a Home

Read more.   REO Home For Sale in Camarillo
Paradise Found in Camarillo. Feel the cool ocean breeze while dipping your toes in....
Read more.    4 GENIUS YARD UPGRADES EVEN A KLUTZ CAN CRUSH... CHECK OUT MORE  8 WAYS NEW HOMEOWNERS ACCIDENTALLY TRASH THEIR YARDSYou've done it. You own a house … (0 comments)

ventura county short sale realtor: #TimeToBuy #ChrisBJohnsonRealtor Where Are Mortgage Rates Headed?? - 05/02/17 05:50 PM
Where Are Mortgage Rates Headed??
3 Charts That Shout, ‘List Your Home Today!’ In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.
SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply necessary for a normal market.

 
DEMAND Every month NAR reports on the number of buyers out in the market looking for homes, which is also known as buyer traffic. As seen on the … (0 comments)

ventura county short sale realtor: #TimeToSell Is the Current Pace of Home Sales Maintainable? - 05/01/17 06:23 PM
There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.
Why the concern? Some are looking at the last four years of home sales and comparing them to the three years just prior to the housing bubble. Looking at the graph below, we can understand that thinking.

However, if we go further back in history, we can … (2 comments)

ventura county short sale realtor: Millennials buying houses, home sales booming #ChrisBJohnsonRealtor - 04/28/17 09:22 AM
 
(2 comments)

ventura county short sale realtor: #TimeToBuy 5308 Plata Rosa Court Camarillo #ChrisBJohnsonRealtor - 04/27/17 06:58 PM
5308 Plata Rosa
Court Camarillo
 
Beautiful home located in The Pinnacle. This home features 4,834 square feet of living area with views of the mountains and partial ocean views. Zillow currently values this home around $1,672,000.00. The home shows some signs of wear and tear and needs tlc. This creates an incredible opportunity for someone with vision and a rehab budget. This home is on an oversize Flag Lot, in a cul-de-sac with no neighbors to the North. VERY PRIVATE!! The home originally had many upgrades. This is a perfect home to tastefully upgrade to with your own personal design ideas. The … (2 comments)

ventura county short sale realtor: Lack of Inventory to Hamper Home Buying Season #ChrisBJohnsonRealtor - 04/26/17 02:01 PM
Much of the news lately has been about the lack of inventory as we head into the home buying season. According to a recent article in Mortgage Professional America, Freddie Mac has indicated that the lack of supply is one of its top concern heading into the spring buying season — even going as far as to theorize that home sales in 2017 may fail to reach levels of last year.
The lack of housing inventory comes as a result of a combination of factors; most notably the reduction of new housing starts post-crisis, investors buying and now renting homes, and the lack of … (0 comments)

ventura county short sale realtor: Chris B Johnson Realtor, Ventura County Luxury Home Specialist - 04/22/17 10:54 AM
 Chris B Johnson Realtor, Ventura County Short Sale Specialist, Certified REO Bank Owned Realtor 5308 Plata Rosa Court, Bank Owned Home For Sale in Camarillo  BY CHRIS B JOHNSONReal Estate Agent with Allison James Elite CA. BRE 01501699   April 22, 2017 10:39 AM    This Beautiful home is located in The Pinnacle at Camarillo, am Exclusive neighborhood of Million dollar estates. This home features 4,834 square feet of living area with views of the mountains and partial ocean views. Zillow currently values this home around $1,672,000.00. The home shows some signs of wear and tear and needs tlc. This creates an incredible opportunity for … (1 comments)

ventura county short sale realtor: Slaying Home Buying Myths #TimeToBuy #ChrisBJohnsonRealtor - 04/21/17 07:24 AM
Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall.  
« Tax Return Depressing? Owning a Home Could Help  
(1 comments)

ventura county short sale realtor: Moorpark Real Estate Market Update #ChrisBJohnsonRealtor - 04/19/17 04:45 PM
Housing Market Trends - Sold vs. Listed Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
Housing Inventory Trends The number of active listings in MOORPARK (93021) increased by 62.1% from the previous month.
The median number of days active properties have been … (0 comments)

ventura county short sale realtor: Measuring Your Ability to Achieve the American Dream - 04/19/17 10:48 AM
Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”
The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs.
The national index score was rounded out to 100 in January and saw a modest jump to 100.5 in February.
Alaska represented the lowest score on the index at 80.7, due mostly to the recent collapse in oil prices. Nevada came in with the highest score at 108.8, boosted … (0 comments)

ventura county short sale realtor: Camarillo Bank Owned REO For Sale-5308 Plata Rosa Court - 04/19/17 10:38 AM
MLS# 217002161          List Price    $1,299,000    Highest Bid &  Final Bid was $1,108,888
Current List Price = Minimum Reserve for the Auction.
Next Auction Starts               04/22/2017
Next Auction Ends                04/25/2017
 
(0 comments)

ventura county short sale realtor: How to Get the Most Money When Selling Your Home #ChrisBJohnsonRealtor - 04/17/17 04:27 PM
Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.
1. Price it a LITTLE LOW  This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In reality, this just dramatically lessens the demand for their house (see chart below).

Instead of the seller trying to ‘win’ the negotiation with … (0 comments)

ventura county short sale realtor: Bank Owned Camarillo Home Sale Ends Tomorrow #ChrisBJohnsonRealtor - 04/17/17 09:40 AM
Register for this auction to bid.   Current Bid$700,000   Counter Bid Bid Deposit$2,500 Bid Increment$100,000 Reserve Not Met  infoRegister to Bid   Auction Starts04/15/2017 Auction Ends04/18/2017 Bidding ends in:1d, 2h, 21m    Event Details Property Details (5308 Plata Rosa Ct, Camarillo, CA 93012) Spacious two level home with fireplace‚ attached three car garage‚ and partial ocean views.     … (7 comments)

ventura county short sale realtor: Bank Owned REO for Sale in Camarillo CA 5308 Plata Rosa Court - 04/15/17 12:43 PM
 Zillow currently values this home at $1,672,032.00.
Beautiful home located in The Pinnacle. This home features 4,834 square feet of living area with views of the mountains and partial ocean views. The home shows some signs of wear and tear and needs tlc. This creates an incredible opportunity for some with vision and a rehab budget. This home is on an oversize Flag Lot, in a culdesac with no neighbors to the North. VERY PRIVATE!! The home originally had many upgrades. This is a perfect home to tastefully upgrade to with your own personal design ideas.
This property is now under auction terms. … (7 comments)

ventura county short sale realtor: #TimeToSell, Millennials Flock to Low Down Payment Programs - 04/12/17 10:07 AM
HomesFor Sale In Thousand Oaks and Westlake
A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.
The trend continued through all buyers with a mortgage, as 62% made a down payment of less than 20%, which is consistent with findings from December.
An article by DS News points to the new wave of millennial homebuyers:
“It seems that the long-awaited influx of millennial home buyers is beginning. Ellie Mae reported that mortgages to millennial borrowers for new home purchases continued their ascent in January, accounting for 84 percent … (2 comments)

ventura county short sale realtor: The Importance of Using a Professional to Sell Your Home #TimeToSell - 04/10/17 09:10 AM
Moorpark Market Trends
 
When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold.
In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. According to the National Association of Realtors’ 2016 Profile of Home Buyers & Sellers, the percentage of buyers who used the internet in their home … (0 comments)

ventura county short sale realtor: 15,014 Homes Sold Yesterday.. Did Yours? #ChrisBJohnsonRealtor #Sell - 04/09/17 11:28 AM
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.
After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow. 15,014! That is the average number of homes that sell each and every day in this country, according to the National Association of Realtors’ (NAR)  latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.48 million. Divide that number by 365 (days in a year) … (4 comments)

 
Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity (Allison James Elite) Rainmaker large

Chris B Johnson REALTOR®

5 Star Rated REALTOR® Quality, Not Quantity

Moorpark, CA

More about me…

Allison James Elite

Address: 587 W. LOS ANGELES AVENUE, Moorpark, California, 93021

Mobile: 805.208.0823

Email Me

Your Neighborhood Market Report Mortgage Pre Approval      Time To Buy A Home The Cost Of Waiting Chris B Johnson, REALTOR®, SFR®, CDPE®, CHS®Certified Distressed Property Expert,


Listings

Links

Archives

RSS 2.0 Feed for this blog