Ventura County: DataQuick
Nov '07: 516 $521,250
Nov '08: 729 $355,000 -31.90%
Dec '08: 876 $338,000
Jan '09: 578 $335,000
Feb '09: 545 $327,000
1793 Wolverton Ave, Camarillo CA 93010
3 beds, 2.0 baths, 1,229 sq ft
Zestimate®: $358,000 5/22/09 Time to walk away (see house below).
Nearby houses for sale:
2793 Munson St Camarillo CA 93010
3 beds, 2.0 baths, 1,391 sq ft
For Sale: $379,900 (easy buy at $340K, if you're into falling knives)
Days on Zillow: 142
Temple Ave Camarillo CA 93010 (Foreclosure)
4 beds, 3.0 baths, 1,950 sq ft
Days on Zillow: 8
2007-12-16: Families finding struggle to stay in pricey state
Owning a house was a top priority for
Both of them were born and raised in Ventura County. They wanted to stay close to family and friends. Even with the high cost of homes in Ventura County, they wanted a house with enough space for 7-year-old Cody and 18-month-old Maddison.
"We were both worried we weren't going to be able to afford a home," Mark Moise said. "It was real discouraging looking at housing prices. Even fixer-uppers were out of our price range, but we found one."
With the loan, their monthly mortgage on the $512,000 home is $3,500 a month, $200 less than what they would have paid for a $475,000 home they looked at previously at a two-year fixed rate that would adjust upward after that period. The Moises are grateful for their fixed rate, as they watch people they know lose their homes when adjustable loan rates increase. (They would be more grateful had they WAITED for the bubble to pop. The price of ownership per day: $126,000/575 days = $219/day LOST.)