Moorpark Real Estate Market Update        Thousand Oaks Market Update Westlake Village Real Estate Market Update      Camarillo Market Update   Oxnard Real Estate Market Update   Chris B Johnson, REALTOR®.  Your Moorpark Neighborhood Specialists After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? Won’t lower down payments dramatically increase the default rates? Will we again be faced with an avalanche of short sales and foreclosures? The simple answer is – NO. Let’s look at the data. While it was happening (2011) Back in 2011, as we were just recovering from the wors... 11/14/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home. There are three questions you should ask before purchasing in today’s market:  1. Why am I buying a home in the first place? This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with finance... 10/27/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Fannie Mae Expects Slow But Sure Housing Growth in 2015 Where the U.S. housing market is concerned,Fannie Mae chief economist Doug Duncan said he is anticipating overall weaker home sales in 2014 than in 2013. But he expects that overall home sales in 2015 will post their best performance since 2007 despite seeing only moderate growth for the year. The forecast on the state of the nation’s housing market and on the overall economy were included in the Fannie Mae Economic & Strategic Research Group‘s October 2014 Economic Outlook, published on Thursday. “We lowered our expectation for housing starts just slightly to one million units for 201... 10/24/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conferencepresented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” Who is John Paulson? Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell. What do others think of Paulson? According to Forbes, John Paulson i... 10/22/2014

Moorpark Short Sale-Tiny Living Spaces Posted on October 22, 2014 by Chris B Johnson Realtor By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale,  Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Contemporary Home Office by Melbourne Architects & Building Designers Architecture Architecture Houzz Tour: A Shape-Shifting Space, Cloaked in History http://www.houzz.com/jsGalleryWidget/gallery/32589392//new_window=yes/title_on=yeth=300s/wid Click here to read a list of more homebuyer tips Share Moorpark Home Owners Save Big with Smart DIY TipsIn "Buying Short Sales In Simi Valley" Ventura County Home Owners Favorite Outdoor Projects for Ease and ValueIn "Buying Short Sales In Simi Valley" Ventura County Short Sale-How to Save Money on Your Util... 10/22/2014

  Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%. However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can buy will decrease. Here is a chart detailing this point: M 10/22/2014

Moorpark Short Sale-5 Demands to Make on Your Real Estate Agent Posted Under: Home Buying, Home Selling, Foreclosure  |  October 20, 2014 7:33 PM  |  1 view  |  No comments Are you thinking of selling your house? Are you dreading having to deal with strangers? By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale,Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Are you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of selling. A great agent is always worth more than the commission they charge just like a great doctor or great accountant. You want to deal... 10/20/2014

Buying Moorpark Short Sales-Roof Replacement vs. New Plumbing Posted Under: Home Buying in Moorpark, Home Selling in Moorpark, Foreclosure in Moorpark  |  October 17, 2014 10:05 AM  |  14 views  |  No comments By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale,  Connect with me on: Berkshire Hathaway Home Services California Realty | 587 W Los Angeles Ave | Moorpark | CA | 93021 Add ChrisBJohnson@sellventuracountyhomes.com to your safe senders list. Click here for directions. This message was sent on behalf of Chris B. Johnson at Berkshire Hathaway Home Services California Realty 10/17/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale, Many Ventura County Homes Appreciated by over 16% Last Year.  If you’re thinking of selling, yours may have now have enough equity to sell without being “Short”. Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of what your home is worth Click Here: You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinking about a short saleI can help you get an accurate value for your home and get back on your feet. If you would like periodic updates on what is going on in Your Neighborhoodor the Ventura County Real Estate Market, Click on the Links! Thanks for ... 10/17/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , I am waiting for YOU!! Incredible home with privacy and views out almost every window. Light and bright home with a Tuscan feel. Beautiful wood-laminate flooring, throughout the downstairs. High open beam ceilings, upgrades throughout the home and landscaped private side and backyard which looks up on the hillside, no neighbors peering over your back fence. Cul-de-sac location. There is a community pool, spa, meeting room and children's play area. Close to shopping, parks and award winning Moorpark schools. The owners are moving back east, so they have priced to sell! http://rapcoop.rapmls.com/scripts/mgrqispi.dll?APPNAME=rapcoop&PRGNAME=MLSLogin&ARGUMENT=gb6i8BfKabslmgen7NOJDelUGY7ZYreqqHcfMHdI%2FeuVeP2ctXRgjyP0o3X2o2Y%2F&KeyRid=1 10/09/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale,Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale,The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we're in a Seller's Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.   Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of what your home is worth Click Here:                       You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinkin... 09/23/2014

By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale  Ventura County Short Sale,  Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of what your home is worth Click Here:                         You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinking about a short sale I can help you get an accurate value for your home and get back on your feet.    If you would like periodic updates on what is going on in Your Neighborhood or the Ventura County Real Estate Market, Click on the Links!   Thanks for reading this,    Chris B Johnson.    Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices .    Phone: 805-208-0823.  ... 09/17/2014

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market. By Chris B Johnson Realtor,  Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale , Ventura County Short Sale,  Many Ventura County Homes Appreciated by over 16% Last Year.  If you’re thinking of selling, yours may have now have enough equity to sell without being “Short”. Pricing your home correctly the FIRST TIME is more important than ever! If you want an accurate idea of what your home is worth Click Here:                         You may now have enough EQUITY in your home to sell WITHOUT having to be “short”. If you are thinking about a short sale I can help you get an accura... 09/14/2014

By Chris B Johnson Realtor, Moorpark Short Sale ,Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale , Ventura County Short Sale, Fannie Mae recently released a report revising the waiting periods for distressed borrowers with a derogatory credit event such as a foreclosure, bankruptcy, short sale, or deed-in-lieu of foreclosure on their credit history to obtain a new loan. For borrowers with a short sale or deed-in-lieu of foreclosure on their record, Fannie Mae’s new mandated minimum waiting period to become eligible for a new loan is four years. The time is shortened to two years if there are extenuating circumstances. According to Fannie Mae, extenuating circumstances are defined as “nonrecurring events that are beyond the borrower’s control that result in a sudden... 09/12/2014

We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago. There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any time in history. The government has set new guidelines that now demand that the bank provebeyond any doubt that you are indeed capable of affording the mortgage. During the run-up in the housing market, many people ‘qualified’ for mortgages that they could neve... 09/11/2014

By Chris B Johnson Realtor, Moorpark Short Sale ,Thousand Oaks Short Sale,   Simi Valley Short Sale, Moorpark Short Sale , Ventura County Short Sale,   My Market Insider - Update for September 2014   Local real estate conditions are changing and your Market Insider provides valuable, up-to-date information about the communities important to you. View critical information about what is happening now, so you can be a "Market Insider"! Market Area: 93021 Listing Price $712,330 Listing Price Trend -0.03% Sold Price $360,000 Sold Price Trend -19.14% Just a fraction of what's happening...click now to view more local market conditions! Buying or selling a home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performan... 09/10/2014

  By Chris B Johnson Realtor, Moorpark Short Sale Thousand Oaks Short Sale, Simi Valley Short Sale, Moorpark Short Sale , Ventura County Short Sale, September 9, 2014 in For Buyers   Many people wonder whether they should hire a real estate professional to assist them in buying their    dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if you are Traveling a Dangerous Path The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and ready for you to move in to can be tricky. An agent listens to your wants and needs, and can sift out the homes that do not fit within the... 09/10/2014

By Chris B Johnson Realtor,  Moorpark Short Sale Map-  Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,  If you would like periodic updates on what is going on in Your Neighborhood or the Ventura County Real Estate Market, Click on the Links! Thanks for reading this,  Chris B Johnson.  Chris B Johnson is a Realtor with Berkshire Hathaway HomeServices .  Phone: 805-208-0823.  email cjohnson@BHHScalhomes.com.  Certified HAFA Specialist   Certified Distressed Property Expert   Certified Short Sale Negotiator     Finding The Right Solution                                               How To Do A Short Sale How To Write A Hardship Letter                            Loan Modification Kit   Short Sale VS Foreclosure                  ... 07/27/2014

By Chris B Johnson Realtor, Thousand Oaks Short Sale Map, Simi Valley Short Sale Map, Moorpark Short Sale Map- Ventura County Short Sale,  New reports are revealing that the number of months’ inventory of existing homes available for sale is increasing. Some of these sellers are moving up, some are downsizing and others are making a lateral move. There is no way for us to predict the future but we can look at what happened over the last year. Let’s look at buyers that considered moving up last year but decided to wait instead. Assume, last year, they had a home worth $300,000 and were looking at a home for $450,000 (putting 10% down they would get a mortgage of $405,000). By waiting, their house appreciated by approximately 10% over the last year (national average based on the Case Shil... 07/16/2014

  By Chris B Johnson Realtor,Moorpark Short Sale Map-Ventura County Short Sale,Moorpark CA – If you have a foreclosure or short sale on your credit report, then it will lower your credit score quickly. In the near term, the decrease will be much more than it will be a few months down the road when it starts to inch its way back up.Click here to discover how other sellers successfully did a short sale and avoided foreclosure.The credit reporting bureaus weigh the most recent activity more heavily than the distant past.Taking action now to build up the most recent activity is a great way to help your score rebound. So for now, here are the things you should be doing from this day forward to keep your score improving:First, keep your report clean and clear of NEW negative items. This mean... 07/11/2014