The Conejo Valley real estate market remains a strong sellers' market, with a 20% increase in active listings this spring, although inventory is still low. The median home price in Thousand Oaks is around $1,150,000, slightly higher in Westlake Village.
Over the past 40 years, U.S. home prices have surged by 494%, with states like Washington, Oregon, and California seeing even more dramatic increases. This growth far outpaces the stock market's historical returns, making a compelling case for investing in residential real estate.
Stay updated with the latest trends in Conejo Valley’s real estate market, including inventory levels, pricing, and the impact of new regulations on sales commissions, showcasing the area’s consistent buyer demand and limited home supply.
California plans to allow insurers to use catastrophe modeling for rate setting, potentially improving reliability and availability of insurance, and could influence market competition and the recent large-scale non-renewals of homeowners policies.
The National Association of Realtors anti-trust case is unlikely to lower home prices or commissions, as FSBO homes typically sell for less and the complexities of real estate transactions in California lead most sellers and buyers to prefer professional representation.
In the spirit of Halloween, we've gathered some spine-tingling tales from real estate pros. Imagine standing outside a vacant house and hearing a voice ask, "Who is it?" with no one inside, or seeing a ghostly figure in a listing photo. And that's just the beginning. Doors slam shut on their own, whispers of haunted listings, and eerie basements are all part of the job. So curl up and get ready for some real estate chills this Halloween season.