Camarillo Homes For Sale:
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"If you think you can, you can.
And if you think you can't, you're right.."
- Henry Ford |
 Beautifully Upgraded Central Camarillo Home
4 Bedrooms
2.5 Baths
New Doors & Windows
Cathedral Ceilings
Upgraded Kitchen
A/C
Corner Lot
Great Location
1,500 SqFt
8,577 SqFt Lot
and
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Aug 1, 8, 15, 22, 29
Certified farmers' market
8am - noon, Old Town Camarillo 482-1507
Aug 7
Camarillo Ranch Red Barn Grand Opening
BBQ Dinner, Live Music & Dancing
$25 tix 389-8182
Aug 8
Concert in the Park
"Boomerang"
Songs of the 60's-80's, R&B 7:30pm
Constitution Park
Aug 14, 15
HouseHold Hazardous waste drop-off
By Appointment Only, 987-0717 Or Online
Aug 22
Concert in the Park
Aug 22-23
Camarillo Air Show
Aug 28
Classic Car Cruise Night
6pm-9pm, Old Town Camarillo
Aug 29
Movie in the Park
Hotel for Dogs
8:00pm Constitution Park
Aug 29 Camarillo Art & Jazz Festival
w/ Peabo Bryson
Sept 12
Concert in the Park
A Trubute to Elvis
7:30 Constitution Park
Sept 25
Classic Car Cruise Night
6pm-9pm, Old Town Camarillo | |
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Camarillo Real Estate News By Jennifer Hunnicutt August, 2009 |
Dear Jennifer,
Unsold Inventory still very low
Recently enacted federal legislation designed to help people remain in their homes has slowed the flow of foreclosures into the market, lowering the inventory and increasing the demand for remaining homes. In June, C.A.R.'s Unsold Inventory Index (UII) stood at 4.1 months, compared with 7.6 months for the same time period a year ago. The UII indicates the number of months needed to deplete the supply of homes on the market at the current sales rate. Homes priced $500,000 or below had an unsold inventory of approximately three months in June. In June 2008, the unsold inventory in this price range was nearly 10 months.
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4 Easy ways to find, track and organize Camarillo homes for Sale:
1) View lists of Camarillo Homes for Sale,
sorted by price. (see left column, click on desired price range)
This list includes all active homes for sale in price order.
2) View lists of Camarillo Homes for Sale, categorized by area.
Separated areas include:
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Visit my website, scroll down to "Where would you like to live?" section and click on desired area on the geographical map of Camarillo.
(Each category above is also a link to that list of active homes for sale) |
Tracking and Organizing:
3) Auto Prospect:
Setup your desired criteria, and get an automated email sent to you with any new listing that meets your criteria. It's quick and easy. Send me an email to get this search and notification feature setup.
4) Client Portal:
Setup your desired criteria, and get an automated email sent to you with any listing (and new ongoing listings) that meet your criteria. Your Client Portal notebook keeps them organized nicely, with the ability to keep notes and comments on each property as well as "Save" certain properties to closely monitor or "Reject" certain properties that are of no interest.
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REVERSE 911
Service of Camarillo
Emergency Messaging |
REVERSE 911® is a telephonic community notification system that may be used to deliver outbound messages in the event of an emergency. The system employs a combination of database and mapping technologies to allow emergency responders to pinpoint a specific geographic area and deliver the appropriate message to residents in the affected area.
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| California Assoc. of Realtors:
2009 Survey of CA home Buyers
Increased affordability, low mortgage rates motivating home buyers, according to C.A.R.'s "2009 Survey of California Home Buyers"
Quick Facts:
· Share of first-time buyers rose to 38 percent in 2009, compared with 19 percent in 2008
· Forty-nine percent of all buyers purchased a home through a traditional market sale
· Eighty-eight percent of traditional market sales were financed through fixed-rate mortgages
LOS ANGELES (July 7) - Favorable home prices, record-low interest rates, and the belief that rates will rise in the near future were the primary motivators leading home buyers to purchase in 2009 compared with last year, according to the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.) "2009 Survey of California Home Buyers" released today. Sixty-eight percent of buyers said price decreases motivated them to buy a home, while 39 percent reported low interest rates helped them move to a better location. Twenty-three percent claimed the likelihood that rates will move up as the motivating factor.
"After back-to-back years of sharp declines, home sales in California rebounded in 2008 and early 2009," said C.A.R. President James Liptak. "The increase reflected the combination of favorable prices, low mortgage rates, and home buyer tax credits, fueled primarily by sales of distressed properties that accounted for more than half of the state's transactions.
"Housing affordability has improved dramatically in response to the decline in home prices along with historically low mortgage rates, creating a tremendous opportunity for home buyers in California," he added.
Forty-nine percent of all buyers purchased a home through a traditional market sale, while 38 percent purchased a REO/bank-owned property, according to the survey. Reflecting the difficulty in closing short sales--properties selling for less than the loan amount--only 13 percent of buyers purchased a short-sale property.
Home buyers who purchased a REO or bank-owned property experienced the highest level of difficulty in obtaining financing, compared with a more traditional transaction. They rated the level of difficulty as 8.9 (on a scale of 1 to 10 with 10 representing the greatest level of difficulty in obtaining financing) compared with a 7.7 for home buyers with a traditional market sale and 7.6 for short-sale home buyers.
Eighty-eight percent of traditional market sales and 75 percent of short sales were financed through fixed-rate mortgages. By contrast, just 43 percent of those who bought a REO/bank-owned property used fixed-rate mortgages.
Financial literacy with respect to mortgage financing appears to have been a challenge for some buyers. For those buyers in a traditional market sale, 32 percent said that they either did not know or were not sure they knew the terms of their loan. The numbers were more encouraging for buyers of REO and short-sale properties, where only 12 percent and 7 percent respectively admitted they were unsure as to the terms of their loan.
According to the survey, the large number of distressed properties on the market provided more choices for home buyers in 2009 than in recent years.
On average, home buyers spent 8.4 weeks considering buying a home in 2009, compared with 7.2 weeks in 2008. Buyers spent an average of 10.3 weeks searching for a home with their REALTOR®, compared with 8.7 weeks in 2008.
"With more uncertainties prevailing in the housing market and the general economy in the last year, buyers wanted to conduct more research prior to buying a property," added Appleton-Young. "This was especially true of first-time buyers, who devoted more time than repeat buyers in considering buying, researching, and previewing homes."
Of those who reported using the Internet as a tool in the home-buying process, Realtor.com continued to be the most popular real estate Web site at 89 percent, followed by individual real estate company Web sites at 81 percent; individual real estate agents, 66 percent; Zillow, 55 percent; Yahoo! Real Estate, 53 percent; and Craigslist, 49 percent.
Other key findings from C.A.R.'s 2009 Survey of California Home Buyers include:
· Twenty-six percent plan to live in their current home for two to three years, 44 percent plan to stay for three to four years, and 30 percent plan to stay for four to five years.
· First-time home buyers made down payments averaging 19.7 percent of their home sales price, compared with 28.3 percent for repeat buyers.
· Twenty-three percent of all home buyers selected their REALTOR® because he or she understood how to purchase foreclosures, short sales, or distressed properties. No home buyers reported this as a factor in previous years.
· The share of home buyers who had their escrow close on time has steadily dropped from 55 percent in 2006 to 37 percent in 2009.
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Please don't hesitate to call for all of your Real Estate needs.
Sincerely,
Jennifer Hunnicutt
RE/MAX Gold Coast Realtors Camarillo Real Estate
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