Author - Michelle

August Ventura County Real Estate Market Update

August Ventura County Real Estate Market Update

August Ventura County Real Estate Market Update

August sure was an interesting month for home sales in Ventura County. There’s a pandemic, but you wouldn’t know it by Southern California’s home prices that are at record levels. Home buying has surged as the interest rates have plunged, with an average rate on a 30-year fixed-rate mortgage now below 3% with some borrowers.

Here is August’s market recap of Ventura County:

With 333 properties on the market, August’s inventory was pretty low compared to last year, but it’s not surprising because that’s consistent with previous months due to the COVID 19 pandemic still going strong.

We have 19 more properties in the pipeline, which is great because agents are using the “coming soon” features which gives home buyers the opportunity to view properties online before they come on the market.

There were 264 properties that went into escrow.

411 sold in the month of August. Last year at this time there were 382 sold homes, which is interesting because even though there is less inventory this year, there were more sales due to homes not sitting on the market. Most properties that are listed are sold within 24 – 48 hours with multiple offers.

Pool homes are in demand right now since families aren’t going on vacations, they’re relying more on the fun to be had in their own backyards. These homes are a great fit for a lot of families so you will get more of a premium now than you would have a year ago. Regardless if your home has a pool or not, because of the lack of inventory and low interest rates, now is a great time to be selling if you’re thinking of doing so.

Overall, the August Ventura County Real Estate Market Update shows that the market is strong and we foresee it staying that way. If you’re looking to sell your home, there’s no better time than now!

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living in wildwood

Living in Wildwood

Living in Wildwood

At the northern end of Thousand Oaks nestled in the Arroyo Conejo Open Space surrounded by an abundance of wildlife, you’ll find the quiet neighborhood of Wildwood. This is a well-established community that continues to attract interest from buyers looking in the Thousand Oaks area. Spanning 17 miles, Wildwood features cozy homes ranging from condos, attached and single-family homes that are high value, which makes it a great area for a variety of home buyers. The homes in Wildwood represent a wide range of time periods and styles.

Here are some of Wildwood home stats you’ll find helpful in your search:

1,162 – 3,831 sq ft
3 – 5 bedrooms
Estimate of around 500 homes
$575,000 – $1M

The Wildwood community has numerous amenities available for residents to enjoy, but a local favorite is the Wildwood Regional Park which features waterfall, hiking/walking trails, and picturesque views. Among the 14 hiking trails is a path to the 70 foot cascading waterfall at Paradise Falls. People of all ages frequent Wildwood Park for a variety of outdoor activities such as nature hikes, biking, horseback riding, summer day camps, and interpretive programs. In addition to its diverse multi-use trail system across ridge lines and into lush valleys, Wildwood Park is rich in historic and archaeological resources, unusual geologic formations, and is home to a wide range of plant and animal life. With two waterfalls, scenic volcanic outcroppings, miles of shared-use for all levels of trail users, several pleasant picnic areas, and abundant open space, it’s not hard to see why locals love this area.

Living in Wildwood, you’ll be privy to some great schools and that is proven by the districts consistent #1 rating as best place to teach, best teachers, best district for athletes and overall, the best district in Ventura County. Conejo Valley School District is one of California’s top rated districts, ranking in at #11 out of 478, it’s easy to see why so many families choose this area to call their home.

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living in oakbrook

Living in Oakbrook

Living in Oakbrook

Tucked away in the northern part of Thousand Oaks is the neighborhood of Oakbrook. With an estimate of 300+ homes, Oakbrook’s neighborhood features an average of 3 – 5 bedroom homes anywhere from 1,063 to 2,096 square feet. It is an established area in a great school district with homes built around the 1970s, thus making it an ideal and affordable area for first time home buyers because a lot of the homes need a little TLC. This gives buyers a great opportunity to put their own touches on updates.

Oakbrook is conveniently located to nearby Oakbrook Plaza, giving you access to top rated restaurants like Fusion Grill, Cisco’s or Jinky’s, grocery stores like Gelson’s Market and Vons, coffee shops and more; all within walking distance! With Oakbrook’s close proximity to the 23 freeway, it allows for an easy commute for work or around town. There are tons of nearby amenities to enjoy like:
To Do:
Underwood Family Farms: The farm features designated picking areas and lots of other entertainment options, including guided farm tours and time for kids to interact with some of its cuddly animal residents.
Gardens of the World- features nearly five acres of cultivated gardens.
Civics Art Plaza- Civic Arts Plaza is one of the area’s most renowned performing arts centers. The facility hosts a wide range of annual events that run the gamut from symphony orchestra performances and traditional dance to exhibits of fine art and live folk music.
Chumash Museum- The Chumash Indian Center in Thousand Oaks is spread across more than 400 acres within Oakbrook Regional Park. In addition to its expansive grounds, natural areas, and archaeological sites, the facility includes a large museum featuring an impressive array of Native American artifacts, like tools, housewares, weapons, and clothes.
In short, living in Oakbrook is a great opportunity for first time or seasoned buyers alike who want to own a home in the beautiful Conejo Valley. With all it has to offer, it’s not hard to see why so many families gravitate to Oakbrook and call it their home.

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living in lang ranch

Living in Lang Ranch

What It’s Like Living in Lang Ranch

If you’re looking for a sense of community, top notch schools and a plethora of outdoor activities, Lang Ranch boasts all of these and more. Here are a few of the perks of living in this beautiful neighborhood:

Parks- Whether you’re an avid hiker, biker or just want to enjoy a loop around the park, you can’t go wrong with the local parks & trails Lang Ranch has to offer. Sapwi Trail Community Park has something everyone in your family will enjoy. With its terraced picnic areas, playground, skateboard park, disc golf course, pump track and more, there are also 6.7 miles of trails to explore. You can easily make a day of it when visiting this local park. If it’s a hike you’re after, look no further than Woodridge Loop Trail. With its breathtakingly sprawling hillsides, it’s a moderate 4 mile round trip hike with a view from the top you won’t want to miss!

Shops- With Oakbrook Plaza just around the corner, Westlake Promenade just down the way or The Oaks Mall for some serious shopping, there are plenty of options Lang Ranch offers for any of your shopping needs.

Schools- Ranking at #3 in Ventura County for best elementary school (among the other highly rated local schools), your children are sure to get the best education, which is half of the reason you choose a house in a certain area, right?

Restaurants- You’ll be hard pressed to choose a restaurant since there are plenty of top rated local eateries to pick from. No matter what you decide, you won’t want to pass up the fresh fish at Pacific Fresh Seafood Grill, Fusion Grill for some eclectic Italian, French and Asian cuisine, P & L Burgers for some of the tastiest burgers, or the best breakfast in town at Jinky’s.

When living in Lang Ranch, you’ll not only be able to take advantage of all of the great amenities this neighborhood has to offer, but be assured that it’s the type of community you’ll want to live for years to come.

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lake sherwood homes for sale

Living in Lake Sherwood

Lake Sherwood is an exclusive, gated community in the Conejo Valley. Behind the main gates of the Sherwood Country Club that surrounds it are elegant mansions and estates, as well as lifestyle amenities such as lakes, a golf club – that hosted Tiger Woods’ annual tournament for many years – as well as sprawling hills and a pristine lake. Let’s take a look at this elegant neighborhood where the residents appreciate the finer things in life.
About the Community
This popular lakeside community is located near the scenic Santa Monica Mountains so residents are always surrounded by breathtaking views of nature. This prime location is also what makes the weather in the area comfortable year round. During the spring and summer, residents are able to sit out on their decks and enjoy the refreshing breeze that comes off the mountains. The current population of Lake Sherwood is around 1,500 making it one of the smaller communities in the area. This relatively small size is what contributes to a strong sense of community among the residents. Finally, Lake Sherwood is a guard-gated neighborhood supplying its residents with both privacy and security.
Houses in Lake Sherwood
Lake Sherwood is a community filled with multi-million dollar mansions and estates which are well maintained by its residents and its HOA. These homes feature multi-car garages, private driveways, one acre premier lots, impeccably manicured lawns, etc. Many also feature large balconies & 2 expansive walk-in closets to name a few amenities. Beyond the main gates are homes that are more affordable yet every bit as desirable. They also feature multi-car garages and private driveways.
Schools in Lake Sherwood
Lake Sherwood falls within the Conejo Valley Unified School District and its schools are one of the main reasons living here is so desirable. Many of the schools surrounding the community are A-rated. Children are allowed to attend Westlake Elementary, Colina Middle, and Westlake Elementary School. Westlake Elementary has even been the recipient of the California Distinguished School Award.
Entertainment and Shopping in Lake Sherwood
Residents of Lake Sherwood have available to them a vast array of dining and entertainment venues which they share with the neighboring communities of Agoura Hills, Westlake Village and Thousand Oaks. For example, Zin Bistro Americana, is a nearby fine dining establishment that is well known for its exotic desserts and drinks such as their world famous black truffle latte.
As a Westlake Village realtor, I can help you increase your chances of selling your home under your terms – especially during these times of COVID. If you are looking to purchase my team and I are happy to show buyers some the finest Lake Sherwood homes for sale.

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three springs westlake village

Spotlight on Three Springs, Westlake Village, CA

Three Springs is a neighborhood in Westlake Village, California that features plenty of high value, large homes. It is also a well-established community that continues to attract interest from buyers who wish to live in the desirable Westlake Village area. Let’s look at this neighborhood in greater detail.
Three Springs Homes for Sale
Three Springs is perfect for buyers in search of quiet, well maintained, single-family homes. Here there is a wide range of time periods and architectural styles from which to choose. Generally, homes here range in price from $900,000 – $1,795,000 and sit on up to 2.75-acre lots with five bedrooms and three bathrooms. Homes vary in size from 2300 to 4700 square feet and are surrounded by larger than average lots. Available floor plans include Carrara, Marquina, Majorca, Mecca and others. The most common types of parking here are 3-car garage, garage and driveway. HOA fees are currently $140 per year.
Lifestyle Amenities
Of course, everyone knows that it is not just the home you settle into. There are niceties that surround you that matter as well. Living in Three Springs, gives its residents access to plenty of amenities. It has the usual perks (schools, the lake, restaurants, etc.) however it is the camaraderie of Three Springs residents that is its greatest asset. With approximately 300 homes, the neighborhood has a cozy feel that its residents enjoy and appreciate. Therefore they are able to get to know each other more easily.
Entertainment and Shopping in Three Springs
Residents of Three Springs have available to them a wide variety of dining and entertainment venues which they share with the neighboring communities of Agoura Hills, Westlake Village and Thousand Oaks. For example, Boccaccio’s Restaurant is a nearby fine dining establishment that is well known for its upscale American menu. Residents have easy access to this and many other shopping and dining venues via the 101 freeway.
The Three Springs neighborhood is just one of the neighborhoods to consider as you continue your home search. My team and I can help you begin to cross some of the unwanted neighborhoods off your list. Contact me and I will send you a personalized list of neighborhoods that fit your home search including Three Springs. That way, you can stop spending your time looking at homes online and wondering, do I want to live there?

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the signature collection westlake village

Living in The Signature Collection Neighborhood

The Signature Collection is located in a prime location of Westlake Village. This gated community is an exclusive, luxury neighborhood with two entrances on N. Westlake Blvd. in the south and in the north along the N. Westlake Blvd. The Collection is composed of 80 luxury homes that rest on large lots and is one of the newest communities in the North Ranch area of Westlake Village. Many of the homes have been built during the current century.
Homes in the Signature Collection Westlake
These homes in Signature Collection neighborhood range in size from about 3,500 square feet to nearly 6,000 square feet, with many homes having four and five bedrooms and multi-car garages. Being that most of the homes here were built in the mid-2000, many have extras such as granite countertops, stainless steel appliances and of course, open floor plans. High ceilings, natural light and beautiful landscaping grace many of the homes as well, and of course all of the homes give its residents breathtaking views of the neighboring mountains. Many of the residents here are professionals with school age children. If you’ve been looking in other neighborhoods and felt like the homes were older and fell short of your expectations, then this is a neighborhood you have likely been searching for.
Schools: Signature Collection Homes
Every parent wants to give their child a leg up in life by giving them access to a quality education and the Signature Collection is near some of the finest schools in the state. The homes are located in the Conejo Valley Unified School district. Some of the highly rated schools here include: Ladera Elementary, Los Cerritos Middle School and Westlake High School.
Things to do in and Around Signature Collection
The Signature Collection provides its residents easy access to many entertainment and shopping venues. Here is just a short list of some establishments:
Bernice Bennett Park
The Stonehaus
Westlake Village Inn
Westlake Golf Course

The Signature Collection represents one of the finest living experiences in Westlake Village. It is ideal for families seeking to expand and to give their children access to a quality education. Moreover, in either direction of this small but prestigious community you will find everything from grocery stores and boutiques, to movie theaters, bars, and restaurants.

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madison county

Spotlight on the Madison County Neighborhood in Simi Valley, CA

Madison County is located just minutes away from the 118 Freeway in the foothills of Simi Valley, California. Life here has a small town feel yet the area consists of 349 luxury homes and is surrounded by bike paths, hiking trails and mountain bike trails plus a stunning view of the nearby hills. The homes in Madison County are relatively new and the surrounding communities are well-established and low in crime. What other features make this area so attractive? Let’s take a look at some reasons why so many growing families have chosen to make this community their home.
Madison County, Simi Valley consists of four tracts Cedar Falls, Sage Meadows, Hawk Crest Hills and Southcrest. The four tracts offer a variety of floor plans with a unique setting in the rolling hills of Simi Valley. Here are some amenities that are present in most new homes in Madison County.
• Large lots and multi-bay garages
• Stunning views of the surrounding county and communities.
• HOA’s
• Laundry rooms.
• New appliances and other extras.
• Floor plans including: Cedar Falls Floor Plans, Southcrest Floor Plans, Sage Meadows Floor Plans and Hawk Crest Hills Floor Plans
Schools
Madison County – which is in the Simi Valley Unified School District – has some of the best schools in the region based on a variety of measures, including academic performance and equity. According to GreatSchools.org some of these are:

Hollow Hills Elementary School, Public, K-6 | 673 students, 30 reviews, 9/10
Vista Elementary School, Public, K-6 | 658 students, 32 reviews, 7/10
Atherwood Elementary School, Public, K-6 | 536 students, 26 reviews, 6/10
Big Springs Elementary School, Public, K-6 | 595 students, 33 reviews, 6/10
White Oak Elementary School, Public, K-6 | 428 students
Bottom line: The Madison County neighborhood in Simi Valley, CA is an ideal community with above average schools, amenities and a prosperous business community. Madison County is also near top-rated restaurants, shopping, parks, etc. Fine dining establishments in Madison County include: Barton’s Steak and Seafood, Larsen’s Grill, Sushi Tanaka et al. As a Simi Valley realtor with many Simi Valley homes for sale, my team can help you in your search for the perfect home by giving you information that you cannot otherwise obtain on your own. Additionally, we will fight so that you get the best home for the best price.

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big sky

Big Sky in Simi Valley: An Overview

Big Sky in Simi Valley, California is composed of several communities. These tracks are Tioga, Crosspoint, Plum Creek, Walnut Grove, The Highlands, The Bluffs, Winstone, Glenmeadows, etc. The Tioga and Crosspoint neighborhoods are the smallest, averaging about 2,000 sq ft – 2,300 sq ft in size and staring in price at $600,000. Then there are the two slightly larger tracks Plum Creek and Walnut Grove tracks that average from about 2,600 sq ft to 3,000 sq ft in size. Homes in these communities range in price from $700,000-780,000. Homes in the remaining tracks are larger and more expensive.
Living in Big Sky
As you might expect, prime real estate in Big Sky is located near local shopping and recreation and other amenities such as: full of cul-de-sac streets, bike and walking pathways and hiking trails that link the neighborhoods together, its own park, etc. In other words, Big Sky puts outdoor recreation right outside the front door of its residents.
Homes in Big Sky
The homes in Big Sky offer buyers a great deal of choices when it comes to design and architectural styles. This variety widens your options as to the kind of home you wish to purchase and live in. Amenities available in and near these homes include:
• Large lots.
• Stunning views of the surrounding tracks.
• Laundry rooms.
• Newer appliances
• Excellent schools, friendly neighborhoods with parks and recreational opportunities
• A wide variety of floor plans
As a Simi Valley realtor, I know that living in the right community plays a crucial role in a homeowner’s life. It plays a vital role in the quality of the schools your children will attend, the entertainment venues you will have access to and well as the career opportunities you will have. Big Sky’s nine tracks are near a number of other growing communities and provide residents with a wealth of lifestyle amenities. Contact my team today to visit a home in one of these vibrant communities. We can help assist you in making the perfect selection in a new home and neighborhood.

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2020 housing market

2020 Housing Market Forecast

Updates on the 2020 housing market.

Covid19 continues to affect many parts of the economy, the 2020 housing market included. But is there room for hope that the market may begin a rebound this year? Let’s look at some forecasts for the rest of 2020 and see where we are and where we may be headed.
As a result of COVID19’s impact on the general economy, the site Zillow has done some number crunching on where home prices are likely to go this year. According to them, home prices will most likely fall 2%-to-3% through the end of the year from pre-Coronavirus levels. Realtor.com’s Senior Economist George Raitu, has also made a forecast for the housing market in 2020. According to this expert, “…sales of homes will fall 15% in 2020 with prices flattening.” While this isn’t amazing news there may be some good news as there may be a light at the end of this tunnel that may shine through by the end of 2021.
Factors that will Continue to Affect Home Valuation in 2020

• A longer economic downturn as states reopen in an uncoordinated way. (Some states have reopened and then had to shut back down as COVID19 continues to spread.) These continued false starts may continue to lower home values.

• Ineffective or insufficient federal fiscal relief efforts. This will impact most buyers’ ability to purchase homes.

• Ineffective relief for the mortgage industry.

• Low inventory.

The site Realtor.com does forecast a short-term bump in sales for late summer and early fall due to low mortgage rates and other factors. Another driver for a stronger third quarter they say are Millennials with families who want to settle into new homes before the school year begins. However, they do not expect this increase in sales to last into the fourth quarter of 2020.
These rapid developments in the housing market are why you need a realtor who can trace, interpret and use data to help you know when or even if you should sell or buy a home. My Ventura County real estate team can help you decide what is best for you in the near and long term. We currently have Ventura County homes for sale that are selling quickly and with multiple offers! There are a limited number of homes on the market for this time of year so despite the state of the economy it may be the best time to sell or buy! Let us know how we can help you achieve your real estate goals before the end of this year.

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