Ventura County, California Housing Market Analysis

From: HUD USER News
 
HUD USER has posted a Comprehensive Housing Market
Analysis (CHMA) report for the Ventura County,
California area. This housing market area is located on
the Pacific Ocean between Santa Barbara County to the
north and Los Angeles County to the south. It includes
two submarkets wherein housing sales are weakening, the
rental market is tight, and population growth is slower
than it was in the 1990s.
 
Compiled by field economists in HUD's Office of Policy
Development and Research, this report presents data that
are useful in foreseeing changes in the demand for new
housing. Our analysis describes the economic,
demographic, and housing inventory characteristics of
the Ventura County housing market area from 1990 to
2000, from 2000 through July 2008, and makes projections
regarding anticipated market activity during the period
of August 1, 2008 to August 1, 2011.
 
This CHMA report includes valuable information for
builders, mortgage lenders, borrowers, local planners,
and others who need to keep up with area housing
conditions and trends. It, as along with previous CHMA
reports examining housing market areas across the
nation, is available
at www.huduser.gov/portal/publications/econdev/mkt_analysis.html.
All HUD USER CHMA reports are available as free downloads.
 
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HUD USER
P.O. Box 23268
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1-800-245-2691
1-800-927-7589 (TDD)
202-708-9981 (fax)
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