Spanish Hills OPEN HOUSE Today August 18th 1:00-4:00 (1190 Corte Riviera)

Spanish Hills Golf Club Villas – Open House TODAY August 18th 1:00-4:00 (1190 CORTE RIVIERA)

Welcome to resort-style living in prestigious Spanish Hills. The upscale, gated Golf Villas are a hidden gem located across the street from the Spanish Hills Country Club and are surrounded by million dollar plus properties. This lovely single-family, detached 3-bedroom, 2.5-bath, 1771 sq.ft. home has wonderful curb appeal with private courtyard entry. It boasts 10-foot ceilings, gorgeous hardwood floors, ceiling fans, 5-inch baseboards and is located on a premium lot with an extra-long driveway to accommodate multiple vehicles. Formal living & dining rooms. The family room has cozy fireplace and is adjacent to the kitchen which has granite counters, stainless steel appliances and breakfast bar. The master bedroom suite has double-door entry, large walk-in closet, private balcony and bathroom with large soaking bathtub, separate shower & his-and-hers vanities. Both secondary bedrooms are very spacious. Upstairs laundry room. 2-car attached garage. Private low-maintenance backyard w/ fountain and built-in BBQ is perfect for entertaining. Golf Villas’ amenities include pool, spa, clubhouse, RV storage, guest parking and front landscape maintenance. This is the dream home you’ve been waiting for!











44139 Village 44 – Leisure Village SOLD!

Welcome to this nicely-updated 2 Bedroom, 2 Bathroom, plus Den Amalfi model in gated Leisure Village (55+). This home is located on a secluded Greenbelt on the East Perimeter with lovely Mountain Views and No Neighbors behind. You’ll love the light, bright and inviting ambiance you’ll feel upon entering. The home has been recently remodeled with neutral carpet, fresh paint, dual-pane windows, light fixtures and plantation shutters. The living room has vaulted ceiling and sliding door to the backyard. The kitchen has stainless steel appliances and recessed lighting. Both bathrooms have been nicely updated with newer light fixtures, brushed nickel faucets & hardware, resurfaced bathtub and comfort-height toilets. Both bedrooms are nice-sized and have mirrored closets. Inside laundry. Attached garage with direct access and epoxy-painted floor. The entry walkway and patio have an attractive pebble-finish. This home is ready for you to move right in and start enjoying all the activities and amenities that Leisure Village has to offer. Welcome Home!


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Leisure Village Amalfi New Listing!

Welcome to this popular Amalfi model located at the end of a quiet cul-de-sac in Leisure Village (55+) community. This lovely home has 2 nice-sized bedrooms, 2 full-bathrooms PLUS a Den/Office. The eat-in kitchen has newer stainless steel appliances, oak cabinets, granite counters, glass subway tile and a skylight allowing plenty of light to stream in. The spacious living room has a vaulted ceiling, carpet, and slider door to the patio. The dining room is the perfect size for entertaining. There is attractive laminate flooring in the kitchen, dining room, den/office, laundry room, entry and hallway. The den has a built-in media center ready for your TV entertainment. The large master bedroom has vaulted ceiling, dressing area and 2 mirrored closets. Inside laundry room with cabinets. The A/C system has been recently upgraded. You’ll definitely enjoy the large covered patio with our wonderful Camarillo weather. Leisure Village residents enjoy activities galore such as 18-hole par-3 golf, tennis, swimming, fitness center, and so much more! Residents love the security of living in a 24-hour guard-gated community. This is the one you’ve been waiting for. Welcome Home!







Why All the Chicken Littles Should Calm Down About the Housing Market

The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership.

The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau reported that the second quarter of 2019 ended with a homeownership rate of 64.1%, which is down from the 64.8% rate for the fourth quarter of 2018. Based on this news, some started to question the consumer’s belief in the idea of homeownership as a major part of the American Dream.

Everyone Calm Down…It is true the homeownership rate did fall. However, if you look at the national rate over the last 35 years (1984-2019), you can see that the current homeownership rate has returned to historical norms. The 64.1% rate is equivalent to the rates in 1984 and 1994.

What Will the Future Bring? Part of the reason the homeownership rate slipped is a lack of inventory available for purchase for first-time home buyers. The demand is there, but currently, the supply is not. It seems, however, that is about to change.

In a recent report, Ivy Zelman explained that builders have finally started to increase the number of homes they’re constructing at the lower-end price points:

“Robust growth in the entry-level price point of late should translate to a reacceleration in homeownership rates moving forward.”

Bottom Line

Today, the homeownership rate sits at historic norms. In all probability, it will increase as more inventory becomes available. There is no reason for concern.