Oxnard
Real Estate
Home prices, sales volume both up in April as Ventura County median inches closer to $1M
Ventura County's real estate market has been heating up in recent months with more homes selling and more homes on the market so far in 2024 than last year. The median price of all single-family existing homes sold in Ventura County in April was $940,000, up 2.4% from the month before and 6.2% higher than in April 2023, according to data released last week by the California Association of Realtors. The median is the point at which half of the sales are for less and half for more.
Down Payments Decrease: Homebuyers Need Less to Purchase Homes in 2024
After hitting a historic high at the end of 2023, average down payments for homebuyers have begun to decline. A new report from Realtor.com reveals that in the first quarter of 2024, the median down payment was 13.6% of the home purchase price, translating to approximately $26,000. This is a notable drop from the previous quarter’s peak of $30,400 (14.7%).
A Famed Disney Imagineer’s Former SoCal Retreat Can Be Yours for $3 million
A little more than eight years after he passed away from age-related causes at age 91, the onetime Ventura County residence of acclaimed artist and production illustrator Frank Armitage has popped up on the market for the first time in half a century, asking a smidge less than $3 million. Resting at 1807 Ladera Road in Ojai, the 10-acre spread comes complete with picturesque views overlooking the entire Ojai Valley and the Topatopa Mountains beyond.Boston's Most Expensive Row House Comes to Market for $30 Million Custom-built for Armitage and his then-partner Jill Penkhus in the early 1970s—and subsequently inherited by Penkhus, an...
Editorial: What will housing harvest yield?
Not since Moorpark, the county’s youngest city, blossomed with new home development in the 1980s has Ventura County seen anything quite like the Harvest at Limoneira — a 2,000-home development rising in Santa Paula on farmland formerly owned by the agribusiness firm. In growth-averse Ventura County, it is a rarity. The fact that Limoneira, founded in 1893, has deep community roots and a history of being a good neighbor helped smooth the way for public acceptance. It...
Nonprofit awards $12M in loans to Ventura County affordable housing projects
A nonprofit lender that supports developers building affordable housing announced Thursday it will loan $12 million to several projects in Ventura County. Housing Trust Fund Ventura County will make loans to Arrive Ventura and Valentine Road Apartments in Ventura, Citrus Flats in Santa Paula and Aspire Apartments in Oxnard. ...
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