Demand for rentals continues to outpace supply in the local market, resulting in higher rental prices. With only a limited number of affordable options available, the statistics highlight a growing need for additional Accessory Dwelling Units (ADUs) to accommodate the demand.
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.
Mortgage rates are currently stable at around 7%, with potential decreases expected in the fall due to economic conditions, although lower rates are achievable through special programs and buy-downs.