Westlake Village, CA Real Estate News

By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams World Class)
Homes On the Market in the Conejo Valley, CA - RECORD LOW When I was shown today the total number of active homes for sale in the Conejo Valley as a whole I almost fell to the floor and starting sweating. While others were nervous that inventory is so low, with less opportunities out there to help buyers and sellers with their dream homes, I was anxious. I was anxious in a great way.  All I wanted to do at that moment was get back to my office and start calling my buyers and sellers and inform them that what I saw today was the makings of a REAL SELLERS MARKET! Hold onto your seats ----->  there are only 366 homes in the entire Conejo Valley on the market and 505 homes currently pending or contingent sales.   This shows 2 things.   (1) Obviously, inventory is incredibly low.  To put thi...
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By Teri Pacitto, Real Estate, Your Style...Your Home...My Specialty
(Compass)
Westlake Island is a unique area located in the heart of Westlake Village, CA 91361.  Half of this Island community is located in Los Angeles County and the other half is Ventura County.  This 24 hour, guard gated neighborhood can only be accessed by a bridge on a street called LaVenta Drive.  Living in this beautiful location is really like being on a vacation all year around.  This is a market snapshot of the real estate market for Westlake Island.  There are currently 11 homes available (2 of which are currently under contract/in Escrow) and 6 homes that have currently SOLD.  The homes currently on the Multiple Listing Service range in price from $825,000 to $3,249,000. Boating off your own dock in your back yard, fish and release, sailing or going to dinner on your boat in one of t...
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By Teri Pacitto, Real Estate, Your Style...Your Home...My Specialty
(Compass)
Real Estate in First Neighbohood located in Los Angeles County, Westlake Village.  Currently there are only 2 homes that are available for sale.  4 homes in the neighborhood area under contract/in escrow.  Property Type Residential Include Property Subtype Single Family Dwell Area Westlake Village Tract Code exact: 705 Counties Los Angeles, Ventura Statuses Active, Back-Up/Contingent, Pending, Sold (7/26/2012 to 4/27/2012)   Listings per Status   Minimum, Average, Maximum   Days On Market Analysis   Listing Price\Selling Price     Source of Information is from our local MLS.   All information deemed reliable, but not guaranteed.Copyright © 2012 Rapattoni Corporation. All rights reserved.Copyright © 2012 VCRDS U.S. Patent 6,910,045  
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By Penny Bergstrom, Home Staging, Interior, Design & Remodel, Santa Barbara to LA
(Delicious Decors, Stage, Design, Remodel 805.448.9226)
  Home Staging Re-Design, Westlake Village California  A little re-design home staging will get your home sold Fast and at Top Dollar!  So, what does re-design mean? We use the furniture and decor you already have in your home, re-arrange, add some Delicious Decors decor and finishing touches and your home is re-designed and ready for sale!  Re-design home staging is often used when the home owners are still living in the home. The home owner often has plenty of furniture pieces we can use; it simply needs to be re-positioned, sometimes taken from one room to use in another room and sometimes just a little added decor or furnishings from our inventory is added for that extra punch.  Let's take a look at this living room before and after...     We took the homeowners' existing furniture ...
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By David Robinson, Call Now (877) 828-0710
(Lloyd Cullen Real Estate)
Lloyd Cullen Real Estate is a local Westlake Village Short Sale Realtor. As a Westlake Village Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Westlake Village Short Sale Realtor to help answer any questions you have in regards to Westlake Village Short Sales. Westlake Village Short Sale Realtor Lloyd Cullen is a local Westlake Village Short Sale Expert with experienced Westlake Village Short Sale Agents here to assist you.   Westlake Village Short Sale Realtor We specialize in Short Sales for Westlake Village and Surrounding Areas When dealing with a short sale situation in Westlake Village, it is not one size fits all and it is definitely not the end of the line for you. When you come to us for Wes...
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By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
The number of distressed properties not currently listed for sale on multiple listing services (MLSs) stood at 1.6 million as of October 2011, according to CoreLogic. CoreLogic’s latest shadow inventory assessment represents a supply of five months and is down from October 2010, when shadow inventory stood at 1.9 million units, or 7-months’ supply. CoreLogic estimates the current stock of properties in the shadow inventory, also known as pending supply, by calculating the number of distressed properties not currently listed on MLSs that are seriously delinquent (90 days or more), in foreclosure, and real estate owned (REO) by lenders. See full report SEARCH available homes in CALIFORNIA KNOW the VALUE of your HOME. I negotiated my client's short sale, got his debt forgiven, $28,000.00 c...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
  Once again the Wellness Community will be holding their annual Holiday Home Tour in theWestlake Village area.  The entrance to the boutique is free and the ticket prices for the home tours is $30 through Dec 2 and $35 at the door. The Holiday boutique will feature unique gifts, jewelry, apparel, home goods and much more. The Holiday boutique will be held at North Ranch Center Westlake Village 1400 N Westlake Blvd Saturday & Sunday, December 3 & 4 From 10am to 6pm. The Wellness Community provides cancer support, education and hope. For more information about Holiday tours
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Ventura City Resale Market Report as of 10/31/2011 Interesting facts to note from this data........ 38% of the Active Listings are distressed properties (either short sales or Bank Owned) 76% of the Under Contract Listings are distressed properties 51% of the Sold Listings are distressed properties. Average Days on Market (DOM) for Active Listings is 122. Average Days on Market (DOM) for Listings under Contract is 148. Average Days on Market (DOM) for Sold Listings is 100. originally published at Ventura County Real Estate Center
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By Cheryl Clayton, Conejo Valley and Simi Valley Realtor
(Westlake Village home buyers and sellers Thousand Oaks homes)
I wanted to share a great article I read in the Travel Section of USA Today about Westlake Village CA. It is all about the wonderful amenities and exciting activities offered in and around our wonderful community. Westlake Village CA is located within the Conejo Valley, which includes other cities such as Thousand Oaks, Oak Park, Agoura Hills and Newbury Park. This article compiles information from the following sources: References Greater Conejo Valley Chamber of Commerce: Recreation Ronald Reagan Presidential Museum and Library The Chumash Interpretive Center Discovery Center for Science and Technology Conejo Recreation and Park Districts: Golf Resources Conejo Chamber of Commerce: Recreation: Shopping in Westlake Village Four Seasons Hotel: Westlake Village, California: Attractions W...
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By Cheryl Clayton, Conejo Valley and Simi Valley Realtor
(Westlake Village home buyers and sellers Thousand Oaks homes)
There are 50 active available rental listings in Westlake Village CAat this date. If you are looking for a rental single family home, condo or townhome in Westlake Village CA in most price ranges you will probably be able to find something that suits your needs. Six of these available listings are condos ranging in monthly pricing from $1375 to $4850. One of them is being leased furnished for $2195. Eight listings are townhomes ranging in monthly pricing from $2395 to $4300. The balance of rentals in Westlake Village CA that are available are single family homes ranging in monthly pricing from $2450 to $17,500. If you are looking for a rental in Westlake Village CA you have 50 listings to choose from at this time. Call me if you would like to discuss which of these listings might fit yo...
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By Penny Bergstrom, Home Staging, Interior, Design & Remodel, Santa Barbara to LA
(Delicious Decors, Stage, Design, Remodel 805.448.9226)
Now, more than ever, it is essential to use professional photos to sell your home! Did you know that 99% of home buyers are looking online for their next home? And that 84% of these folks said what they valued most from their online research were the photos? The first impression of your home is no longer when the potential buyer walks through the front door; they are only a click away Extensive industry research demonstrates that professional photos of your home will help increase interest, drive traffic and result in a significantly higher sale price. You need a professional photographer!A professional photographer uses a high quality camera, a wide angle lenses and knows how to maximize space and shoot interesting angles. A pro knows how to showcase your homes' best features and most ...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
  Located South of the 101 freeway off of Lindero Canyon and Triunfo Canyon. One of the most popular sites of Westlake Village, California. Unlike most lakes it is not for the public activity.  The Development called The Landing, located at 32129 Lindero Canyon Road. Westlake Village, Ca. 91361, has three restaurants, 1) The Landing Sushi and Grill 2) Boccaccio’s and 3) Zin Bistro but the lake is strictly membership. You can walk around and find various commercial units within the development a liquor store, salon, insurance, mortgage etc… and you can walk the immediate area on the shore line. There is a Yacht Club and a Tennis club that enjoy access and have various community fun. Residents can also buy a yearly pass which enables them access to the lake as well as house their pontoon ...
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We all know there are some powerful sites out there for the buyer and seller community. Most of them are incorporating the listings generated by the major sites. Then there is an IDX, Internet data exchange, that you can find to help you on an agents website. Now you can sign up with an invite from me or another local agent in the Ventura and Los Angeles counties. Submit your name and your email to a Listingbook account, see the purple tab on the right hand side of my blog, that will allow you to search like an agent when they search the MLS, Multiple Listing Service. This is where all the listings represented for sale in the area show up at your fingertips. And the best thing is that YOU can change the criteria anytime you wish. Sometimes I have received messages from various clients ...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
I was invited to a nice evening of wine tasting, chocolate tasting and selection of hor d’oeuvres. It was a two hour networking event at the Westlake Inn of Westlake Village in the Wine Cellar. It is below the restaurant and level with the pond and waterfalls that Westlake Village Inn is known for in Westlake Village, Calif. The event was sponsored by Capstone Direct. I started off the evening with a plate of veggies, fruit and cheese and crackers. Then I headed over to the wine tasting table, provided by Scott Cellars out of Los Olivos, California. Check out his website for further info, where he had a wide selection of white and red wines of his making. scottcellars.com. I do not want to go into the array of what the wine was or tasted like so you can view the display of wines on the...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
I would say "Wordless Wednesday" but I have to say something about the joy I had today at my office for the Market & Tech Expo in Westlake Village, California. Every year we have many vendors in from around the area in our Coldwell Banker office in Westlake Village. We invite anyone that is interested from around the Conejo Valley. We had our new President for Coldwell Banker Residential Brokerage of Southern California, Jeff Culbertson who took over for Betty Graham. We had our new Regional VP of the Northwest Region, Jamie Duran. They started it off with a few encouraging words and then we were introduced to 48 vendors. The list of vendors included fields such as; moving companies, flyer companies, websites, green products, stagers, printing companies, insurance, signs, virtual tour c...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
In Part 1 of, I'm ready to start the home buying process, what do I do? Here I covered the very beginning stages of preparing to buy a home. I covered; 1.    Familiarize yourselves with the area you seek. 2.    Talk to a lender 3.    What is a payment that you are most comfortable with? 4.    Establish the price parameters of a home you want 5.    Make a list of what is important to you. 6.    Hire a buyer’s agent. 7.    Research what is available. Now let’s walk through a showing day. 1.    I will present you with a buyer’s package that has a breakdown of each property. Also included is an area in the package that allows for notes. There are so many things that go through your mind in your viewing of a property you should always write down some of the obvious things important to you. ...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
Are you thinking of buying a home anytime soon? When is the right time? No one can answer that but you. There are many factors involved in purchasing a home so I thought I would take some time to give you a little guidance. The first thing is you must have is a plan. Give yourself plenty of time to come up with one and think it through. The days of just waking up and saying “let’s go out and buy a house today” are not as easy as it may sound. 1.    Familiarize yourselves with the area you seek. It can be as easy as saying “I want to move to Thousand Oaks”. But study what is important to you. Are the parks available something that interests you? Are the shopping options a piece of the puzzle? Maybe the schools are very important to you. Or the commute may be a factor. It is very importan...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
  Happy Cinco De Mayo     Our office had a happy day today. We had a potluck for Cinco De Mayo. We had chicken and steak fajitas, chips and salsa, salads, corn dishes, desserts and of coarse beer and soda.                                               When I think of Cinco De Mayo, which I have celebrated since I was young, I always thought it was a Mexican Holiday. Like our Independence Day or the like. No, it is Spanish for the 5th of May but it is celebrated nationwide and also in Mexico, primarily in the State of Puebla. The celebration for Mexican Heritage and pride, and to to commemorate the cause of freedom and democracy during the first years of the American Civil War. In the state of Puebla, the date is observed to commemorate the Mexican army's unlikely victory over the French...
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By Cheryl Clayton, Conejo Valley and Simi Valley Realtor
(Westlake Village home buyers and sellers Thousand Oaks homes)
Westlake Village CA is a beautiful area for First Time Buyers to buy their first home. The city is split between two counties, Ventura County and Los Angeles County. Westlake Village is considered a suburb of Los Angeles. The closest two year college to to Westlake Village is Moorpark College. The closest four year University is California Lutheran University(CLU). Being a First Time Home Buyer in the present market means you have many options available to you. The values of homes have drastically reduced over the past few years making home prices much more affordable. A First Time Buyer in this market will be able to buy much more home for the money compared to a few years ago. Also, another great aspect of buying your first home in Westlake Village is that the interest rates are still...
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By Ken Barker Realtor® GRI, E-Pro Certified
(Dilbeck Real Estate)
Conejo Valley Market Stats for 4/13/2011 Areas include Thousand Oaks, WestlakeVillage, Agoura, Oak Park and Newbury Park       Current Actives 791 Last Year Actives 601 Sold YTD 476 Contingent 347 Pending 176 CYB/Pending Totals 523       Actives Pending/Contingent Sold Year to Date Median List Price $650,000 $489,000 $500,000 Median Sold Price     $492,500 Beds/Baths 4 plus 3 3 plus 3 3 plus 3 Median Sq Ft 2242 1844 1896 Median DOM (days on market) 70 92 97 Price Per Sq Ft. $290 $265 $259   What impresses me with these numbers is the total of Contingents and Pendings. In 30-60 days those turn into sales. That indicates the 476 sold will jump significantly. The price per square foot and the days on market are similar to last weeks numbers as well as the median pricing.    We are climbing...
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