Realtors                                                   Ventura County Forum

Ventura County blog
by realtor Mark Thorngren

Camarillo
Rebecca Elliott

Feature Story 

Ventura Bubble Pops 

 

North Oxnard Foreclosures, June 15, 2007, courtesy of ForeclosureRadar.com 

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Premium content sample:  Sales in Two Cycles

History does repeat itself.  It's surprising that the number of sales in this downturn are almost exactly the same as during the last downturn.  If this pattern continues, we should see around 400 sales in February and 650 in March.  The blue line, representing the last cycle, end in March 91 because that was the end of the last downturn.  However, this up cycle was longer and steeper so it will take several more years to play out.

(Added June 2007:  Sales for February and March were higher than I thought:  737 and 999)

Updated chart from June 07 is here 

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