Check out these 🏠 homes that hit the market this week!
We continue to have low inventory in Ventura County. This trend of low inventory is carrying over into 2018. This can make it difficult for buyers who are wanting to jump into the real estate market. Homes on the lower end of the median are seeing multiple offers, making it frustrating for home buyers who are finding the perfect home. What can you do if you are wanting to buy? It's important to understand the market and have open communication with your Realtor.
Every buyer is different and it has to fit within your comfort zone and feel right.
The Eddy Milanes Group understands the market and we pride ourselves in being there to support our clients during this process. If you have any questions about the market or process of buying a home, we would be happy to help!
2017 was very similar to 2016. We saw a slow and steady increase in home prices as the demand exceeded our supply. This same prediction is expected for 2018.
The California Association of Realtor's forecasts the median home price to increase by 4.2% in 2018. They also expect the interest rates to rise to 4.3% in 2018
Even with low inventory, we are starting to see some beautiful homes hit the market. Take a look at the homes below in Ventura County that were listed this week!