Oxnard currently has a stupendous 2,709 foreclosure listings and properties scheduled for auction in the near future. These bear the median listed price of $374,000. In addition, there are 804 other homes also set for sale at the property auctions in Oxnard. Hence, the real estate listings auctions offer to prospective homebuyers a breath-taking variety of home options to select their dream residence from, each apparently more tempting than the other. California has been the hotbed of the spate of millions of government foreclosures that have been occurring in the US in the last couple of years, accounting for a third of them all. The buyers may select from small condos, modest apartments, elegant single-family homes, magnificent duplexes, spacious multifamily setups, sprawling farmlands or even vacant lands. Commercial establishments are also becoming available for sale in a number of cities in recent times.
Oxnard is the biggest city in Ventura County, in the US state of California. Being optimally situated at the tip of the fertile Oxnard Plain, Oxnard has developed into among the most important agricultural centers in the world. It is famed as the capital of lima bean and strawberries. Oxnard is the largest and core city in the Oxnard-Thousand Oaks-Ventura MSA {metropolitan statistical area}. The Port of Hueneme is the busiest commercial port between San Francisco and Los Angeles. Oxnard has become an important transit hub for such adjacent counties as Kern County, Santa Barbara County and Los Angeles County as well. The sundry suburban cities of Oxnard include Ventura, Camarillo, Thousand Oaks, Fillmore, Simi Valley, Moorpark, Santa Paula, Ojai and Newbury Park. A few towns in the vicinity of Oxnard may be mentioned as follows: Wood Ranch, Port Hueneme, Saticoy, Oak View, Bardsdale, Mission Oaks, Bell Canyon, Mira Monte, Lockwood Valley, Casitas Springs, La Conchita, Channel Islands Beach, Faria Beach and El Rio.
To Buy or to Wait?
The 64 million dollar question facing intending homebuyers in Oxnard today is whether the present is the right time to make property investments or not. This appears to have become a rather complicated matter, given the conjunction of several opposing variables and tendencies in the real estate market today. The prices of homes have been sliding in recent months, and may be expected to fall even further in the near future. It would appear from this trend that you might make greater savings if you were to wait for a few more weeks or months. However, the foreclosure auctions have several cogent attractions and incentives, and you cannot afford to skip this excellent investment opportunity knocking on your doors right now.
The Oxnard foreclosure auctions contain gorgeous homes in classy localities at nearly half their typical prices. The auctioneering agencies like HUD, VA or banks assure you of clear titles and proper documentation. The sales procedures at the property auctions are smooth, transparent and just. The ongoing housing wave of foreclosure filings in the US is an unprecedented phenomenon and it would be smart of you to pick your dream home from the thousands of options available in Oxnard. Perhaps if you were to consult Franciso Gutitrrez, Arlene Beckwith, Tino Montelongo or Jerry Lopez, you might receive sound advice from them. As among the prominent real estate agents in Hollywood, they are acquainted with both the local terrain as well as macro developments in the economy that might impact your housing decisions.
