Thousand Oaks
Real Estate
Opinion: California will force Malibu and other towns to add housing. Here's why that's not nearly enough
The attorney general also scored high-profile housing wins in Huntington Beach and La Cañada Flintridge, but wealthy, development-resistant towns are not the state's only barrier to more homes.
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%).
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...
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