Admin

Thousand Oaks, CA Real Estate News

By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
WEDNESDAY'S UPDATE:Today's FOMC adjournment brought us the expected quarter point rate cut that was expected by many, but the post-meeting statement created concern about inflation. The Fed referenced the weak housing market as a contributing factor to the change in short-term interest rates, but also indicated that inflation remains an issue, particu larly with the high energy and oil prices we are currently seeing.The move and comments leads many to believe that the Fed will not make another rate cut in the near future. The stock markets have surprisingly reacted well to the news with the Dow up 131 points and the Nasdaq gaining 35 points. However, the bond market and mortgage rates have not faired so well. The bond market is currently down 23/32, which will likely revise this afterno...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened in negative territory after this morning's GDP report showed a much stronger reading than was expected. The stock markets are showing early gains with the Dow up 50 points and the Nasdaq up 12 points. The bond market is currently down 6/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.Today's release of the 3rd Quarter Gross Domestic Product (GDP) revealed a 3.9% annual pace of economic growth, exceeding forecasts of a 3.1% rate. This means that economic activity was moderately stronger than expected. However, offsetting that was good news in the key inflation reading within the report. It showed a significantly lower reading than was expected, indicating inflationary pressures were well under co...
Comments 0
By Karen Stevens Gailey
(My Mobile Notary)
Technorati ProfileI can't believe it rained this weekend.  If only we had that last week, so many lives would have been different. It's something to consider how lives can be changed so dramatically in an instant.  The fires seemed much worse this year.  It seemed that all fire companies had their own areas to deal with, and perhaps were less able to offer assistance to other areas, which usually seems to happen.My sympathy to those that lost in this terrible tragedy.
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened in positive territory following early stock weakness. The stock markets are showing sizable losses that are likely to get larger before the end of the day. The Dow is currently down 89 points while the Nasdaq has lost 42 points. The bond market is currently up 15/32, which will likely improve this morning's mortgage rates by approximately .250 of a discount point.The National Association of Realtors reported this morning that home resales fell over 8% last month. This was the largest monthly decline on record and indicates that the housing sector is still rapidly weakening. This basically is good news because soft housing numbers are thought to be a drag on overall economic activity. It generally does not influence bond trading, but due to the size of ...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Thursday's bond market has opened in negative territory following early stock market strength. The stock markets are showing gains with the Dow up 64 and the Nasdaq up 14 points. The bond market is currently down 9/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.The Commerce Department reported early this morning that the trade deficit fell to $57.6 billion in August. This was much lower than expected, but since this data is not considered to be of high importance to the bond market, its results have not influenced trading or mortgage rates this morning.The Labor Department gave us weekly unemployment claims, saying that 308,000 new claims were filed last week. This was lower than analysts had expected, but was with the trade def...
Comments 0
By Teri Pacitto, Real Estate, Your Style...Your Home...My Specialty
(Compass)
Search Criteria Property Type  Residential    Property Subtype  Detached    Areas  Westlake, Newbury Park, Thousand Oaks West, Thousand Oaks East, Agoura Counties  Los Angeles, Ventura Statuses  Active, Contingent-1st Right, Contingent-Back up, Pending, Sold (2/16/2009 or after)    Listings per Status    Minimum, Average, Maximum    Days On Market Analysis    Listing Price\Selling Price       All information deemed reliable, but not guaranteed.Copyright © 2009 Rapattoni Corporation. All rights reserved.Copyright © 2009 VCRDS Generated: 4/02/09 8:47am
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened slightly in positive territory after the stock markets showed early weakness. The stock markets are posting losses with the Dow down 49 points and the Nasdaq down 12 points. The bond market is currently up 4/32, which with strength later yesterday should improve this morning's mortgage rates by approximately .125 - .250 of a discount point over yesterday's morning rates. There was no relevant economic news scheduled for today, so look for the stock markets to be the biggest influence in today's bond trading. If we see further weakness in the major stock indexes, we could see funds shift into bonds, especially with stocks at near record levels. This would lead to bond prices rising and mortgage rates to move lower as investors shy away from the volatili...
Comments 0
By Ana Zepeda, DRE LIC# 01039054
(Troop Real Estate )
 Call Us For A Free List Of Homes In Foreclosure Thousand Oaks Real Estate Homes For Sale   As Ana Zepeda and Associates we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Thousand Oaks real estate statistics for the week of 6/20/10 thru 6/27/10.     New homes on the market: 32 Number of homes back on the market: 9 Number of homes entering escrow:  39 Number of homes closing escrow (sold): 19 Number of homes expiring: 2   To receive free valuable information about the value of your home or if you would like a free list of homes for sale in this area, please visit: http://www.anazepeda.com/   If you would like more information about Thousand Oaks or a specific neighborhood in Thousand Oaks, then give ...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened in negative territory despite weaker than expected economic news. The stock markets are posting sizable gains with the Dow up 80 points and the Nasdaq up 22 points. The bond market is currently down 9/32, which should push this morning's mortgage rates higher by approximately .250 of a discount point.The Commerce Department said that new orders for big-ticket items fell 4.9% last month. This was a larger drop than was expected, but this data can be quite volatile due to aircraft and transportation related orders. Still, the news is somewhat favorable to bonds and mortgage rates, but today's stock gains have prevented much interest in bonds.There are two pieces of relevant economic news scheduled for release tomorrow. The first is the final revision to ...
Comments 0
By Ray McLaine
(1Net Realty & Mortgage)
Northshore is a quaint, Spanish style village of townhomes located adjacent to Westlake Lake. Many homes have views of the lake with the Santa Monica Mountains as a backdrop. Fabulous views combined with some of the best weather, award winning schools, recreation, fine restaurants and cultural entertainment, round out the best of what most people consider the "California life style." Northshore amenities include a large pool and spa, boat docks for many residents, volleyball and shuffleboard. Many of the homes feature extensive improvements, landscaping and remodeling. The Arboles Development Company built the Northshore tract between 1973-1975. There are 5 one-story floor plans. All homes are permanently required to be just one story to protect owner¹s views. The original townhomes ra...
Comments 1
By Devon Gailey
(Aardvark Mobile Notary)
Hello All:I am the owner of Aardvark Mobile Notary.  I provide Mobile Notary Public service to Ventura and Los Angeles counties.  I am just beginning this active rain participation and I love this website! I began my notary business while I am attending college as a source of income.  I am planning on law school in my future, so the notary public business appears to be a good start to learn about contracts and such.  I am interested in networking with folks in the Ventura and Los Angeles county communities. Please contact me if you are interested in networking. 
Comments 2
By Ray McLaine
(1Net Realty & Mortgage)
Incorporated in 1964, Thousand Oaks is a master planned community at best and is one of the most sought after communities in southern California offering the ideal mix of commercial, industrial, residential and recreational opportunities at an exceptional location. With a growing population of 127,000 residents, the city is nestled against the Santa Monica Mountains surrounded by 14,800 acres of open space with 75 miles of trails. Thousand Oaks is also one of the leading communities in Ventura County for job creation and economic diversity. The city is part of Conjeo Valley which in addition to Thousand Oaks includes, Newbury Park, Westlake Village, Agoura Hills, Agoura, and Oak Park. Visit www.thousand-oaks-ca-realestate.com and view Thousand Oaks CA Real Estate Listings.
Comments 6
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened in negative territory as stocks continue yesterday's late rally. The stock markets are posting another round of gains during early trading with the Dow up 86 points and the Nasdaq up 19 points. The bond market is currently down 19/32, but due to strength in mortgage-related bonds late yesterday, we should see an improvement in this morning's mortgage rates of approximately .375 of a discount point from yesterday's morning rates.The Labor Department said this morning that August's Consumer Price Index (CPI) fell 0.1% and that the core data rose 0.2%. The overall reading was slightly lower than forecasts, but since the more important core reading met forecasts this release has not had much of an impact on bond trading or mortgage pricing this morning.Als...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wedesday's bond market has opened in negative territory again with no relevant economic news on tap and the stock markets showing small gains. The Dow is currently up 20 points and the Nasdaq up 9 points. The bond market is currently down 6/32, which will likely push this morning's mortgage rates higher by approximately .125 - .250 of a discount point.There is no relevant data scheduled for release today or tomorrow. The Labor Department will release weekly unemployment claim stats early tomorrow morning, but this data usually is not much of an influence on bond trading or mortgage rates unless it varies greatly from forecasts. Tomorrow's report is expected to show that new claims for unemployment benefits rose to 325,000 last week. However, unless they reveal a much higher or much lowe...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Friday's bond market has opened sharply higher following quite favorable results from August's Employment report. The stock markets are not reacting well to the news with the Dow down 193 points and the Nasdaq down 45 points. The bond market is currently up 27/32, which should improve this morning's mortgage rates by approximately .375 of a discount point.The Labor Department reported this morning that the unemployment rate remained at 4.6% last month and that average earnings rose 0.3%, both as expected. The shock came in the number of new payrolls during the month. What was expected to be 110,000 new jobs turned out to be a decline of 4,000 jobs. In addition, June and July's payroll numbers were revised significantly lower. This gives a strong indication of a possible economic slowdow...
Comments 0
By Suzanne Grace
(Prudential California Realty!)
Another month of ups and downs in the real estate world! Unbelievably, an article was printed on the front page of the NY Times last weekend, accusing the Nation's largest lender of fraud, and now this weekend it is about the unemployment rates that are expected to skyrocket, due to the housing market decline and so on. What is going on? Interestingly enough, we do actually have a really good housing market here in Ventura County and I will tell you more about why I say this and why I feel this way.  According to what I have seen or experienced as well as articles I found online (MSNBC.com was one source of some great information) housing prices are climbing, albeit only by 1 and 2 percent in most areas, but some of the states (Utah, Colorado and Nevada to name a few) are seeing prices ...
Comments 4
By Suzanne Grace
(Prudential California Realty!)
Though blogging isn't my typical forum for writing about the state of our real estate market, since I also send monthly newsletters, I figured the more I can get my word out there, the better educated my potential buyers and sellers will be - and this enables me to work with you on a much more realistic level - your expectations for what you can get for your home aren't way out there, and as a buyer you will understand what the current market looks like - and you can spend accordingly and feel good about it!I offer a few really amazing tools on my website; one is the market snap shot tool. If you visit http://www.thousandoaksdreamhomes.com/ and click on the market snap shot link, it will take you to a SHORT FORM that asks for a little bit of information you will need to enter, such as y...
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened in negative territory following sizable stock gains. Stocks are rallying with the Dow up 11 points and the Nasdaq up 25 points. The bond market is currently down 9/32, which will likely push this morning's mortgage rates higher by approximately .125 - .250 of a discount point.There is no relevant economic data scheduled for release today. The Labor Department will post weekly unemployment figures tomorrow morning, but unless they show a much higher or lower number they will likely have little impact on mortgage rates. They are expected to show 320,000 new claims were filed. The week's most important news will come Friday morning when the Commerce Department will post July's Durable Goods Orders. This will give us an important measure of manufacturing s...
Comments 0
By Joni Parkinson, Realtor, Moorpark Real Estate, Simi Valley Real Estate, Moorpark
(American Homes, Real Estate)
Serving Simi Valley, Moorpark, Westlake Village, Thousand Oaks, Newbury Park and the entire Ventura county, American Homes lists homes for only 1%, FULL SERVICE!  Why pay more???  Top negotiators get you TOP DOLLAR, while handling all the details necessary in today's market.  Complete negotiations, mandatory disclosures, Open Houses, and every aspect of today's demanding real estate procedures.  We get you TOP DOLLAR, while saving you thousands of dollars in the process!  Over 30 years of Full-time service.  Simi Valley office entering it's 7th year!  Professional negotiators that are knowledgeable in today's unique market.  Don't wait, call us today at 800 905-9144  Visit our website today at www.simivalleyhomeaccess.com 
Comments 0
By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Friday's bond market has opened flat due to stock strength that is coming as a result of the Fed's rate announcement this morning. The Dow is currently up 164 points while the Nasdaq has gained 40 points. The bond market is currently nearly unchanged, but we will still see an improvement in this morning's mortgage rates of approximately .375 of a discount point.The only economic news released this morning was the University of Michigan's Index of Consumer Sentiment for this month. It showed a reading of 83.3, which was much lower than the 88.5 that was expected. This indicates that surveyed consumers were less optimistic about their own financial situations than many had thought. That is good news for bonds and mortgage rates.Today's big Fed news actually isn't much of anything. The Fed...
Comments 0