Ventura County Real EstateJuly 2013Presented by:John Wise, Broker/Owner2ci Direct Real Estate Serviceswww.2ciDirect.comPh (818) 391-4131jwise@2ciDirect.comCA DRE #01095715

Values are up everywhere!!

Primarily due to a lack of supply!

Other factors for the sharp increase...

- High Investor Demand led by:-> Blackstone-> Other Wall Street firms-> Large Institutional Investors-> Smaller Buyer Groups

- All-time low interest rates- Pent-up Demand

Will the increases continue?

- Factors influencing values:Reduced Investor Demand

<- Rental Rate increases for the last 12 months

Year-over-Year increase of 3.6%

<- Single-Family Median Home Prices

Year-over-Year increase of 19.3%

Will the increases continue?

- Factors influencing values:Reduced Investor DemandHigher Interest Rates

Rising Rates

NAR Affordability Index

A score of 100 means a family with the average median income can qualify for the average

median priced home! Scores above 100 means they can afford more than that.

Will the increases continue?

- Factors influencing values:Reduced Investor DemandHigher Interest RatesMove-Up Buyers

Larger SFR’s in Ventura County

Median Sold Price

Larger SFR’s in Ventura County Under Contract ->

<- Larger SFR’s in Ventura County Listed by Month

Will the increases continue?

- Factors influencing values:Reduced Investor DemandHigher Interest RatesMove-Up BuyersCalifornia Job Growth

California Jobsprovided by the Department of Numbers

Services We Provide

In Ventura County and LA County

Residential and Multi-Family Real Estate

Seller Representation

Buyer Representation

Residential Property Management

Short Sale and Foreclosure Assistance

Professionalism, Work-Ethic and Communication

Ventura County Real EstateJuly 2013Presented by:John Wise, Broker/Owner2ci Direct Real Estate Serviceswww.2ciDirect.comPh (818) 391-4131jwise@2ciDirect.comCA DRE #01095715