Ventura County Real Estate Market UpdateWe have steam rolled the month of January and are already heading full steam ahead into February. Therefore, it is time for a market update! First of all, welcome to February. Still at the beginning of the year, let’s talk a little about how the year ended in real estate.As of the end of 2016, Ventura County held an average of 58 days on the market for single family homes with a median sales price of $630,250. Most importantly, we ended the year with home sales up, giving us a great start into 2017. So let’s see how we are doing now. What we know about the current trends in real estate is that mortgage rates are still desirable, yet plan to increase some. If we see a stable growth in our economy, we may see interest rates increase even more. This ...
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