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List of articles:
 
MIDYEAR MARKET UPDATE
The number of sales is significantly higher this year in nearly every area
in our chart compared to 2009. This is very positive news in a difficult
market that continues to have short sales and bank owned properties. Lower
priced properties are selling, price reductions are common, and activity on
higher priced properties has been slow. The highest sale year to date (YTD)
in most areas shown in the chart occurred in the first quarter.
Channel Islands Marina: The number of closed sales nearly doubled
compared to 2009 and the number of listings is up by about 10%. The highest
sale YTD was a main channel corner home represented by Scott-McInnes
Realtors which closed at $1.775. The area with the biggest change is
Mandalay Bay attached and detached homes which had 13 sales YTD, compared
with 6 in 2009.
Oxnard Beaches:.The number of sales at the beach also increased
significantly compared to 2009 and the number of listings is up by about
one-third. Mandalay Shores has had the biggest change from 3 sales in ‘09 to
16 sales YTD.
Ventura Beaches & Marina: Ventura beaches and marina together had a
slight increase in closed sales and the total number of listings decreased
slightly. Generally, all Ventura areas have had similar sales to ‘09. As
elsewhere, lower priced properties dominate the sales data.
Beach area condos: Condos in Oxnard beach & marina and Ventura beach
& marina have nearly double the number of closed sales and the highest sales
YTD are higher than last year!
Bottom line: prices are still low, interest rates are still low, financing
is available (even construction financing), lending criteria are tight, high
end sales remain slow, and sales are significantly better than 2009.
Dan & Patty mark 35 and 33 years as Realtors &
Marina/Beach Specialists!
Dan McInnes earned his real
estate license in 1975 and his Broker’s license in 1979, and Patty earned
her license in 1977 and also earned her Broker’s license in 1979. They have
been top producers throughout their 30+year careers. This year also marks
the 24th anniversary for their company, Scott-McInnes Realtors.
They have seen the local real estate markets go up, down and sideways, but
also these 30 years have brought outstanding development of our local beach
and marina areas and increased property values over the long term. For the
most experienced team, call Dan & Patty!
Last Resort - Creating a Retreat at Home
When life gets hectic, you might find yourself daydreaming of calming tropical beaches, but
unfortunately, sometimes it’s just not that easy to get away. That’s why it’s important to
create a no-frills retreat in the most accessible place, no passport required: your home.
About.com suggests finding a quiet corner to designate as your in-house oasis. Even if it’s not an
entire room, be sure your in-house oasis has a different feel than the rest of the house.
(If it’s just a section of a room, invest in a lightweight screen to separate it from
the rest of the area.) Make sure it’s away from technology, including telephones, computers
or the television. (And resist the urge to check work e-mail or bring your BlackBerry.)
Add to the relaxing ambiance by painting the walls a soothing color. Experts recommend pale blues
and greens or neutrals such as taupe, beige or brown. Avoid jarring, energetic shades such as
bright yellows or reds. If you do add color, keep it monochromatic so vivid contrasts aren’t distracting.
Next, get rid of clutter. Then set up a big, comfy armchair and a small table that’s just big
enough for a steaming mug of tea, perhaps a plate of food and a lamp. Less is more when
decorating for stress relief. Add serene family photos to the walls so you’ll be surrounded
by the ones you love, and consider placing candles in the area. Choose scents such as lavender,
sandalwood or sage, which can have a calming effect on the mind and body.
Eco-smart Tips
Turning down the thermostat and switching to compact fluorescent bulbs are easy but common ways
to make your home greener. Here are a few additional greening tips and tricks that may have never
crossed your mind.
Over the top. A refrigerator with a freezer on top uses 10 percent to 25 percent less energy
than one with a side-by-side or bottom-mounted freezer.
Power up. Plug appliances and electronics into a power strip rather than an outlet. Devices
plugged directly into the wall leak up to 15 watts of electricity even if they’re shut off.
Dish it out. Hand-washing dishes might seem better for Mother Earth than using the dishwasher,
but it’s actually more wasteful. You’ll use up to 35 percent less water by filling up the
dishwasher with dishes that aren’t pre-rinsed instead of washing by hand. You can also conserve
energy by skipping the dry cycle — just open the dishwasher’s door when the cycle is done to air dry.
Don’t tank. Invest in a tankless water heater that will heat water instantly on an as-needed basis,
instead of one that must constantly keep your water warm. They can be expensive—prices range
from just under $200 to more than $1,000—but it will help reduce energy costs in the long run and
reduce water loss. Don’t want to buy one? Be sure to insulate your pipes for a good reduction
in heat loss.
DID YOU KNOW?
Air pollution can be up to 10 times worse inside your home than outside. Fumes from paint,
cleaning products, and solvents can all add to indoor pollution, even when you can’t smell them.
Source: U.S. Environmental Protection Agency.
Say Yes to CRS
Buying or selling a home can seem like an overwhelming task. But the right REALTOR® can make
the process easier — and more profitable. A Certified Residential Specialist (CRS), with years of
experience and success, will help you make smart decisions in a fast-paced, complex and competitive market.
To receive the CRS Designation, REALTORS® must demonstrate outstanding professional achievements
— including high-volume sales — and pursue advanced training in areas such as finance, marketing and
technology. They must also maintain membership in the NATIONAL ASSOCIATION OF REALTORS® and abide
by its Code of Ethics. Work with a REALTOR® who belongs among the top 4 percent in the nation.
BROUGHT TO YOU BY YOUR AGENT, A MEMBER OF THE COUNCIL OF RESIDENTIAL SPECIALISTS.
Some content from this newsletter is from CRS Magazine and is for informational purposes only and
should not be substituted for legal or financial advice. If you are currently working with another
real estate agent or broker, it is not a solicitation for business.
Call us for your current market value for your property and for the best
service to buyers!
Dan & Patty have been the local experts for 35 & 33 years as
active Realtors
in the beach & marina areas of Oxnard & Ventura.
805-985-4949 or email from button above or below -
homes@danpatty.com
For all your Real Estate Needs in 2010,
call Dan & Patty at 805-985-4949
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