Note: Some of the links below may take you to a blank page with the verbiage, “The content of this email link is no longer available.” These links have expired from the Ventura MLS and are no longer accessible. Ojai MLS links are not affected in this way.
Wednesday, July 31, 2024
11:50 a.m.
One new “coming soon” has come to the market since Monday:
12605-12607 Sisar Road – $1,849,000 (coming soon, 8/14)
Pic of the Day
Monday, July 29, 2024
11:45 a.m.
There are three new or “coming soon” listings on the market:
509 N. Blanche Street – $1,500,000
1186 Forest Avenue – $1,195,000
969 Woodland Avenue – $1,295,000 (coming soon, 8/8)
Previous “coming soon” listings, now on the market:
I am extremely grateful to live in Ojai; the summers here are just magical (I don’t mind the heat). As I’ve mentioned many times, there’s nothing like a summer concert outdoors at Libbey Bowl. Over this concert season I’ve had the opportunity to see several of the concerts, and there are several more I intend on seeing. However, I have a bit of gripe.
Without applying this to any specific bands – to the sound engineers – PLEASE turn up the volume! ONE of the concerts I have seen (out of five) had what I would consider appropriate volume for ROCK music. And by rock music, I’m not talking about Metallica, Def Leppard, or The Who. I’m talking about The Turtles, The Eagles, Abba, The Beatles, The Rolling Stones – bands not known for blowing out the speakers. All I’m asking is that the bass, drums, vocals, and lead guitar are prominent and present in the mix – with enough energy to drive the music. There is nothing worse than hearing a classic, favorite tune being played as if you’re sitting in a lounge back in the 1970s. And it’s not just me, the people I attend the concerts with (as well as people I hear commenting in the audience) seem to feel the same. The music is lacking DRIVE and ENERGY.
I realize there are people that live in the streets around Libbey Bowl – but didn’t they realize the Bowl was there before they moved in? And the concerts typically end by 9:00, 9:30 – so they don’t go too late. I’m not sure if there is now a city-enforced decibel limit, but that limit is really too low. For the love of rock music…TURN IT UP!
Pic of the Day
Friday, July 26, 2024
4:30 p.m.
There are three new listings on the market:
162 S. La Luna Avenue – $1,098,000
2027 Burnham Road – $1,200,000
1202 Loma Drive #83 – $249,000
Recently cancelled, expired, or withdrawn listings – back on the market as “new:”
- 708 Cuyama Road – $3,995,000 (this had recently expired on 7/9).
The Open House and Things to Do in Ojai pages have been updated. Have a splendid weekend!
Pic of the Day
Thursday, July 25, 2024
12:45 p.m.
There is a new “coming soon” listing on the market:
102 Descanso Avenue – $724,999 (coming soon, 7/28)
Pic of the Day
Wednesday, July 24, 2024
1:00 p.m.
There is a new listing on the market:
Prior “coming soon” listings now on the market:
Pic of the Day
Tuesday, July 23, 2024
12:10 p.m.
There is a new listing on the market:
1273 S. Rice Road #5 – $315,000
Here’s a quick check-in on current mortgage rates:
30-yr fixed: 6.87%
15-yr fixed: 6.32%
30-yr Jumbo: 7.05%
30-yr FHA: 6.33%
30-yr VA: 6.35%
Pic of the Day
Monday, July 22, 2024
12:30 p.m.
There are two new or “coming soon” listings on the market:
121 Willey Street – $1,695,000 (coming soon, 7/26)
Pic of the Day
Friday, July 19, 2024
12:30 p.m.
There are three new listings on the market:
1330 S. La Luna Avenue – $3,725,000
The Open House and Things to Do in Ojai pages have been updated. Have a great weekend!
Pic of the Day
Thursday, July 18, 2024
10:25 a.m.
There is a new listing on the market:
Pic of the Day
Wednesday, July 17, 2024
12:05 p.m.
There is a new listing on the market (technically not until tomorrow):
Recently cancelled, withdrawn, or expired listings – back on the market as “new:”
- 708 Cuyama Road – $3,995,000 (this had previously expired on 7/9 at the same price).
Pic of the Day
Tuesday, July 16, 2024
11:25 a.m.
There are three new or “coming soon” listings on the market:
218 N. Arnaz Street – $825,000
144 Wormwood Street – $2,150,000 (coming soon, 8/4)
Pic of the Day
Friday, July 12, 2024
11:45 a.m.
Here’s a quick mortgage rate update:
The Inflation Data We Were Hoping For!
(Not to mention, the Dow is at an all-time high and mortgage interest rates are down)
With the Consumer Price Index (CPI) being the most important economic report for the bond market these days, the most important line item in yesterday’s report was the month over month core CPI, which excludes food and energy. That number was forecast to hit 0.2% but instead came in at 0.1%, rounded up from 0.065%. In layman’s terms… Inflation is showing signs of easing!
If this report were repeated for 12 months, core inflation would be under 0.8% for the year. Considering the Fed’s inflation target is 2%, after yesterday’s CPI report, it’s no surprise that bonds rallied in response. To make matters better, the most problematic component of the core CPI numbers, the one that tracks housing expenses, finally made the big downward shift that analysts have been waiting for. “Shelter” dropped to an unrounded 0.17% from 0.4% last month. That’s actually lower than most of the pre-pandemic trend.
The bond market response was immediate with 10-yr yields down to 4.2%. Fed rate cut expectations also ramped up significantly, roughly matching the drop seen after the last CPI report.
RATES
30-yr fixed: 6.82%
15-yr fixed: 6.32%
30-yr Jumbo: 7.05%
30-yr FHA: 6.25%
30-yr VA: 6.26%
[Special thanks, as always, to Martin Rosenblum at Motif Mortgage!]
10:50 a.m.
There is a new listing on the market:
205 S. Lomita Avenue – $3,750,000
Prior “coming soon” listings now on the market:
The Open House and Things to Do in Ojai pages have been updated! Have a great weekend!
Pic of the Day
Thursday, July 11, 2024
11:35 a.m.
There are three new listings on the market:
221 N. Poli Street – $1,398,000
2305 Maricopa Highway – $875,000
1225 S. Rice Road #85 – $149,000
Prior “coming soon” listings, now on the market:
Pic of the Day
Wednesday, July 10, 2024
11:00 a.m.
There are no new listings for today.
Pic of the Day
Tuesday, July 9, 2024
11:55 a.m.
There are two “coming soon” listings on the market:
1708 Orchard Drive – $1,459,000 (coming soon, 7/12)
11542 Oakcrest Avenue – $1,425,000 (coming soon, 7/11)
Pic of the Day
Monday, July 8, 2024
12:10 p.m.
Two new listings have come to the market since Friday:
401 Santa Ana Blvd. – $624,900
11415 Creek Road – $1,500,000
(There is no link yet available for this listing. This is a 5 bed/4 bath, 2,600 square foot home on 1.81 acres.)
Pic of the Day
Friday, July 5, 2024
10:20 a.m.
Three new listings have come to the market since Wednesday:
1225 S. Rice Road #9 – $135,000
The Open House and Things to Do in Ojai pages have been updated! Have a great weekend, and stay cool out there…
Pic of the Day
Wednesday, July 3, 2024
11:40 a.m.
There is a new listing on the market:
10470 N. Karen Avenue – $1,079,900
I hope you have an awesome 4th of July! There’s nothing like the parade and fireworks in Ojai…
Pic of the Day
Tuesday, July 2, 2024
10:20 a.m.
There are no new listings for today.
Recently cancelled, withdrawn, or expired listings – back on the market as “new:”
- 410 W. Ojai Avenue – $2,200,000 – (this was recently cancelled on 4/25; it was last listed at $1,950,000).
Pic of the Day
Monday, July 1, 2024
11:55 a.m.
One new listing has come to the market since Friday:
474 N. Arnaz Street #20 – $265,000
Pic of the Day
