Friday, November 16, 2012

Camarillo Home Sellers are finally in a better position!

Camarillo Home Sellers are finally in a better position! During the last 5 years as values have been coming down because of all the bank-owned sales and Short Sales in your Camarillo neighborhood, you have been in a no-win situation if you had to sell your home.  Your value was going to have to come down because of all the declining-value  distressed sales.  See chart below for the declining REO Activity in Camarillo.

Camarillo REO Activity

But it appears we, at the least, have a window where values are beginning to rise again. A big part of values beginning to rise is because the foreclosure activity is beginning to wane. But most of the increases are due to what I have talked about in the last few blog posts which is that the inventory is down significantly.  As you will see from two posts ago at http://wp.me/p24x2o-1I , for all homes under $1.0 million in Camarillo, the inventory is down around 1 month. That provides a good opportunity for Camarillo Home Sellers because it allows you to compete with fewer Sellers and a demand of Buyers that seems to be unending.

So, if you have been thinking about selling your Camarillo home, now may be the right time.  Click on the link below for your free Home Evaluation so we can get started on helping you to make that decision.

No comments:

Post a Comment