Oak Park, CA Real Estate News

By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
The median list price for a single family home in Oak Park, Ca for the week of September 9th, 2013 is $777,500.00  With inventory, days-on-market, and the Market Action Index all recently plateaued, the market is not sending a strong directional signal for the near-term outlook. Supply and Demand: In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller's market zone so watch changes in the MAI.  If the market heats up, prices are likely to resume an upward climb. Carmela Jacobs is an ethical California Real Estate Broker with over two decades of experience helping hundreds of families make the right move. As a full-time Realtor she specializes in relocation, homes sales, luxury...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Home Price Trends in Oak Park CA for August 2013 Real Estate Market Home Price Trends in Oak Park CA for August 2013 provided by Jay & Michelle Lieberman at Coldwell Banker Residential Brokerage. Oak Park CA Home Pricing Trends The housing market in Oak Park CA for August 2013 is up just slightly with only 3 new active lisings as compared to July 2013, as lack of inventory has continued to increase pricing dramatically so far this summer.  Interesting to note that the total single family home listings in Oak Park CA right now at 32 active represents only 0.93% of the entire single family housing inventory of the City.  Additionally, being that no new homes are allowed to be added in Oak Park per the overall development plan, there is no new construction inventory to ease the buyer deman...
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By Mark Moskowitz, The Mark Moskowitz Team
(Keller Williams Westlake Village)
  Oak Park Market Update - July 2013   Active Listings ------ 19 (+5) Contingent ---------- 10 (+0) Pending --------------  1 (-1) Sold (past 30 days) - 12 (-1)       July has been another great month for Oak Park Real Estate.  Listings are staying on the market a bit longer, giving buyers a little more time to find their dream home.  In addition, we have seen more price reductions this month, showing that homes are not selling quite as easily as before.  While the market is still active, it appears that it is leveling out at this time.  This is largely due to rising interest rates which are having a significant effect on the market.  Home that are priced well are still likely to sell, but the hot seller's market we have seen through the first half of the year has become a thing of the ...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Home Price Trends in Oak Park CA Real Estate Market Home Price Trends for Oak Park CA for June 2013 provided by Jay & Michelle Lieberman at Coldwell Banker Residential Brokerage in Westlake Village, CA. Oak Park, CA Home Pricing Trends The housing market in Oak Park CA remains very tight as continued lack of inventory has lifted pricing up dramatically in the last quarter, which is continuing through the summer months.  Additionally, being that no new homes are allowed to be added in Oak Park per the overall development plan, there is no new construction inventory to ease the buyer demand.  We have seen homes in certain areas of Oak Park rise from $320 a square foot to $350 a square foot in a matter of a few months, with the median list price at $344 a square foot.  As equity begins to ...
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By Mark Moskowitz, The Mark Moskowitz Team
(Keller Williams Westlake Village)
  June, 2013 Market Report - Oak Park     The housing for June 30th shows that the market is slowing, and that higher interest rates are having an effect.  We have already seen interest rates rise a full point.  According to Mark Moskowitz, a top Real Estate Agent in Southern California who specializes in Los Angeles andVentura County Real Estate, the average buyer has seen their payments go up 25-30% for the same loan.  Mark noted that every day, his lenders are sending him revised qualification letters for his buyers.  Clients that could afford a $700,000 home are now qualifying for a home priced in the high $500,000 to low $600,000 range.   This definitely will affect home values.  The reason home prices have risen 15-20% in the first half of 2013 is due to the artificially low inter...
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By Mark Moskowitz, The Mark Moskowitz Team
(Keller Williams Westlake Village)
May home sales begin to decline in Oak Park.  The number of single-family homes selling in Oak Park went down this past month due to lack of inventory and rising prices.  The number of active listings on the market doubled from the month before.  Mark Moskowitz attributes this to more homeowners raising their prices above market value.  Market factors are working, and if sellers ask too much for their home, buyers may opt to wait it out for a better value on their purchase.  After June, we will have a better idea whether or not this is a temporary decline.  If home prices rise quickly, sales may slow down. Click here to find homes in Oak Park. There were 11 active homes in Oak Park at the end of May.  The number of homes closing escrow this month was also 11, a 20% decrease from April. ...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Oak Park CA is One of the Best Areas to Live Outside of Los Angeles CA   One of the best areas to live outside of Los Angeles CA is Oak Park CA. Why Do People Choose Oak Park CA? Oak Park CA is a really special place to live outside of Los Angeles CA.  It is nestled in the beautiful serene Santa Monica Mountain Range, about 45 minutes from the Westside of Los Angeles CA.  The area comprises approximately 17,500 homes and pursuant to the original development plan with the County of Ventura the area is capped out on homes to be built with the remaining land being controlled by the parks and recreation department.  This inability to build new homes really creates a very rare and exciting formula for housing demand here in Oak Park.  The area has a very rich history of land ownership and de...
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By Mark Moskowitz, The Mark Moskowitz Team
(Keller Williams Westlake Village)
    Homes in Oak Park continue to sell at a very brisk pace!     Based on the Conejo Valley Association of Realtors, 31 single-family homes closed escrow in Oak Park in April 2013. This is an increase of 41% over March and the highest number of sales for the year of 2013. At the end of April, there were 51 homes under contract, one of the highest this year. There were 81 active single-family homes.   According to Mark Moskowitz of The Mark Moskowitz Team, one of the leading real estate agents in the Conejo Valley area who specializes in Oak Park real estate, the real estate market in Oak Park will continue to be very strong. One of the biggest draws to the area is the award winning school system.  We see a lot of families fleeing the high cost of private school in the Greater Los Angele...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Homes For Sale In Oak Park CA of 2,000 to 2,500 Square Feet   You are online trying to get an answer to the simple question of what are the homes for sale in Oak Park CA of 2,000 to 2,500 square feet.  Easy question but the million and one standard real estate sites, such as Zillow, Trulia, Movoto, Realtor.com, etc are not giving you everything you need.  A lot of these sites do not update for days and by the time that Dream Home does come on the market you must act fast. Here is how you act fast, with accurate, immediate, and extremely relevant homes for sale in Oak Park CA of 2,000 to 2,500 square feet.  A simple touch of the button below will take you there.      CLICK THE IMAGE above for immediate access to a Dream Home for sale in Oak Park CA of 2,000 to 2,500 square feet.   Homes ...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Homes For Sale In Oak Park CA Between $500,000 and $600,000   You are online trying to get an answer to the simple question of what are the homes for sale in Oak Park CA between $500,000 and $600,000.  Easy question but the million and one standard real estate sites, such as Zillow, Trulia, Movoto, Realtor.com, etc are not giving you everything you need.  A lot of these sites do not update for days and by the time that Dream Home does come on the market you must act fast. Here is how you act fast, with accurate, immediate, and extremely relevant homes for sale in Oak Park CA between $500,000 and $600,000.  A simple touch of the button below will take you there.      CLICK THE IMAGE above for immediate access to a Dream Home for sale in Oak Park CA between $500,000 and $600,000.   Homes ...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Homes for Sale in Oak Park CA Between $600,000 and $800,000   Looking for your perfect dream home for sale in Oak Park CA between $600,000 and $800,000? Going on the internet and trying to get real time information on these types of specific home searches may seem like you are getting the whole picture but you are not.  A lot of sites are not updated regularly or contain incomplete data. We can provide you and keep you notified instantly (the same time our agents get notified) if and when a home in Oak Park CA in this price range comes on the market, goes under contract, or is sold. We make it incredibly easy with just a touch of a button.       CLICK THE IMAGE above for immediate access to homes for sale in Oak Park CA between $600,000 and $800,000   Homes for Sale in Oak Park CA Betwe...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Short Sale Homes In Oak Park CA Under $500,000 The short sale market is really drying up as many lenders in California are showing signs that they would rather work out a loan modification with an existing borrower than sell the property at a loss to their loan, largely due to the new law in California effective January 1, 2013 that requires a lender to choose between a foreclosure action or other loan work out.  Lenders are largely going down the loan modification path, as seen from the 63% drop off in California foreclosures in November and December 2012. There is a much smaller inventory of short sale homes in Oak Park CA under $500,000 due to this loan modificatin spike, but they are there and we can help you catch them in minutes. Oak Park CA is filled with beautiful new home devel...
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By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
OAK PARK CALIFORNIA - ONLY HOME FOR RENT IN THE MARKET. Immaculate 4 bedroom 4 1/2 bath home in the prestigious Chamboard development in the quite hills of Oak Park, California.  The home is for LEASE beginning December 1, 2012 (just in time for the holidays), is 3,254 square feet with all bedrooms upstairs, dual staircases, conversion of one garage to a full interior office which is NOT included in the square footage, gorgous pool with spa and waterfall, and built in BBQ area under trellis. A very rare find on a cul-d-sac!! Asking rent is $5,100 per month with a minimum 1 year term.  Commission to selling broker as indicated in the MLS. This one is going to go fast!! Contact Michelle Lieberman at (310) 502-3885 or michelle@teamjaymichelle.com. You can also visit us online at www.teamja...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Oak Park Short Sale Realtor. As a Oak Park Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Oak Park Short Sale Realtor to help answer any questions you have in regards to Oak Park Short Sales. Oak Park Short Sale Realtor Lloyd Cullen is a local Oak Park Short Sale Expert with experienced Oak Park Short Sale Agents here to assist you.   Oak Park Short Sale Realtor We specialize in Short Sales for Oak Park and Surrounding Areas Planning for a new start can be very exciting and scary at the same time. If you have decided to short sell your Oak Park home, then we know that you are definitely looking for some Oak Park Short Sale Help. At Lloyd Cullen Real Estate, we are...
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By Carol Lee, Realtor - Agoura, Oak Park, Westlake CA Homes
(Dilbeck Real Estate)
CONGRATULATIONS TO THE OAK PARK HIGH SCHOOL GRADUATING CLASS OF 2011  (and all of this year's grads, be it High School, College, Grad School or Preschool!)   CAROL LEE, Dilbeck Real Estate Westlake Village CA Homes for Sale in  AGOURA, OAK PARK, WESTLAKE VILLAGE and all of Ventura County Click here to SEARCH FOR HOMES IN OAK PARK, AGOURA, WESTLAKE, AND ALL OF VENTURA COUNTY.
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Sophisticated Investors with Conforming and Jumbo Option Arm Mortgage RatesIsn't it true that in any economy there are those that profit no matter what.  Many right now think that if you took a Conforming or Jumbo Option Arm Mortgage Rate in California you are either a deadbeat or a moron.  Many would even make a moral judgment about your type, and that you are the scourge of the neighborhood for taking an Conforming or Jumbo Option Arm Mortgage Rate in California.But I know your secrets and I am going to expose your financial trickery right now.  First you are not a deadbeat, nor a moron.  You are in fact a sophisticated investor who learned how to beat the house at it's own game.  This was even better than the students from MIT who beat the casinos with card counting.You are a college...
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By Carol Lee, Realtor - Agoura, Oak Park, Westlake CA Homes
(Dilbeck Real Estate)
  Oak Park Unified School District, in Oak Park CA, is a "District of Choice".  What this means, is that parents from other districts can have their children  enroll in Oak Park Schools without having to obtain approval from their own district.  Many districts are unwilling to release their students to an out of area school because it will mean less funding for that school.Oak Park now has 1338 transfer students, or 33 percent of  enrollment.  The Oak Park school board voted at the September meeting to cap out of district students at 35 percent.  With all schools in California feeling squeezed financially because of less state funding, the District of Choice designation helps school districts increase revenue, as public schools receive funds based on size of enrollment.  Schools receive...
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By Carol Lee, Realtor - Agoura, Oak Park, Westlake CA Homes
(Dilbeck Real Estate)
Carol Lee | Dilbeck Real Estate | (818) 642-9445 4718 Rhapsody Drive, Oak Park, CA HIGHLY SOUGHT AFTER OAK PARK- OPEN HOUSE SUNDAY JULY 24, 2010, 2-5 PM 4BR/3BA Townhouse offered at $579,000 Year Built 1994 Sq Footage 2,004 Bedrooms 4 Bathrooms 3 full, 0 partial Floors 2 Parking 2 Car garage Lot Size 1,621 sqft HOA/Maint $253 per month DESCRIPTION Largest floor plan in the tract with a lovely location backing open space. Huge side yard and nice rear yard. Living room and adjoining dining room with vaulted ceilings and dramatic windows. Spacious kitchen with lots of cabinet and counter space. Eat in kitchen area adjacent to the family room with a fireplace. Upstairs master is large with sitting area and walk in closet. Master bath has dual sinks and separate tub shower. Secondary bedroo...
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By Carol Lee, Realtor - Agoura, Oak Park, Westlake CA Homes
(Dilbeck Real Estate)
  Oak Park Certified Farmers’ Market is Relocating on Saturday May 8, 2010            To the Oak Park High School, 899 N. Kanan Rd. Oak Park, CA 91377 Every Saturday         9:00 a.m. to 1:00 p.m.  Every Saturday morning will offer a variety of fresh produce, fruits and baked goods plus fresh prepared cooked food, children’s activities and live entertainment.  Coastal Pacific Farmers’ Markets announces  that the weekly Oak Park Farmer’s Market currently held at the Oak Park Plaza will relocate on Saturday, May 8, 2010 to the Oak Park High School.  The Oak Park Certified Farmer’s Market will be moving to the parking lot at the Oak Park High School just west of the marquis at 899 N. Kanan Rd.  The market will continue to be held every Saturday from 9am to 1pm. The relocation of the Oak Pa...
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By Connie Tebyani, Platinum Home Staging, Los Angeles and Ventura County
(Platinum Home Staging, Inc. : RESA-Pro)
    My Company was contacted by this Client to come and evaluate her current furniture situation.  The problem was, that ALL of the furniture was BRAND NEW!  That's right, it had just been purchased within the past few months.  The problem was that she had trusted another Interior designer who had selected pieces that were far too large for the space.  Once the Interior Designer realized her error, she essentially disappeared leaving the Home Owner to fend for herself to try to make everything "work" or "fit" into the space.  As you can see,  the Home Owner just put everything where she thought that it would "fit",  but nothing here "works".  She was ready to buy ALL NEW  furniture a second time just so that she could actually live in her own home.     Re-Designed to Perfection Our Team...
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Oak Park, CA Real Estate Professionals