Sunday, May 25, 2008

Ventura Beach Properties

I was just looking though a blog a used to contribute to and saw a posting stating that there were only 3 beach properties available in Ventura. Of course, this was a few years ago, but I thought it might be interesting to see what's available now. While on broker tour last week, an agent that specializes in the beach area mentioned that there wasn't much available. As of this morning there are approximately 26 single family homes available in Ventura ranging in price from $765,000 to $3,600,000.

Search for Ventura Beach Homes and Real Estate at:

Thursday, May 01, 2008

Fed Cuts Rate by Quarter Point

The Federal Reserve cut interest rates to the lowest point in nearly four years Wednesday. In turn, the prime lending rate for millions of consumers and businesses fell by a corresponding amount, to 5 percent. The prime rate applies to certain credit cards, home equity lines of credit and other loans. Both rates are the lowest since 2004. This may or may not have much impact on mortgage rates. At any rate, spring is upon us and this is the time of the year when real estate sales pick up.
Mortgage rates are low and it is definitely a buyers market. If you are looking to invest for a fairly long term, 5 years or more, now could be the time to seriously consider purchasing.

Ventura County Real Estate