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Ventura County Mortgage Cost Across Time [INFOGRAPHIC] #TimeToBuy

By Chris B Johnson REALTOR®

Real Estate Agent with Allison James Elite CA. DRE 01501699

July 06, 2018 09:15 AM

#TimeToSell #ChrisBJohnsonRealtor #SellersPayZEROCommission #ListYourHome&PayNoCommission #BetterThanFSBO

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. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve....

Some Highlights:

With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
Rates are projected to climb to 5.1% by this time next year according to Freddie Mac.
The impact your interest rate makes on your monthly mortgage cost is significant!
Lock in a low rate now while you can!
Change in home Values Below:

Southern California	May-18	Apr-18		May-17		Price MTM% Chg	Price YTY% Chg	Sales MTM% Chg	Sales YTY% Chg
Los Angeles	$536,940	$528,540		$492,040		1.6%	9.1%	17.6%	-5.5%
Orange	$838,000	$818,000		$795,000		2.4%	5.4%	12.4%	-7.4%
Riverside	$409,925	$400,000		$375,000		2.5%	9.3%	6.5%	-8.7%
San Bernardino	$285,000	$289,900		$272,500		-1.7%	4.6%	9.5%	2.1%
San Diego	$640,000	$635,000		$605,000		0.8%	5.8%	10.2%	-6.1%
Ventura	$670,000	$665,000	R	$636,500	R	0.8%	5.3%	13.3%

« Homes More Affordable Today than 1985-2000

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.