Nationwide home prices increased quite a bit in July including Ventura County, making their largest year-over-year leap since 2006 when they jumped 4.1%, according to real estate data provider CoreLogic.
Home prices in Ventura County, California bounded up 4.4%. Without distressed sales – including foreclosures and short sales – national prices were up 4.3% compared with last July.
This report, the magnitude of buyers, and the shrinking inventory, suggests that the real estate market is “clearly seeing the light at the end of a very long tunnel,” said CoreLogic Chief Executive Anand Nallathambi.
Find your next home in one of these areas: Westlake Village, Thousand Oaks, Agoura Hills, Camarillo, Newbury Park, Simi Valley, Moorpark, Calabasas, Woodland Hills, San Fernando Valley, Oak Park, Conejo Valley, Dos Vientos, Lake Sherwood, North Ranch, Las Virgenes, Wood Ranch