Westlake Village Real Estate Blog

Posts Tagged ‘Oak Park’

Welcome to my blog: Westlake Village Real Estate Blog: Real Estate, Life and Times in Westlake Village and Beyond! Here you will find snippets and tidbits about everything from the local real estate market and home loans to happenings and openings around our town.

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If there’s something Thousand Oaks didn’t need, it’s another grocery store chain. At least that’s what I thought until I went to Sprouts.

The second specialty market brand developed by the Henry Boney family, who sold their Henry’s Farmers Markets in 1999, Sprouts has sprouted onto the scene as an alternative food store of healthy, organic, local, fair-trade options (did I miss any buzz words?). Located at the site of the old Circuit City, in Thousand Oaks near The Oaks Mall, Sprouts is definitely a destination store – and it’s worth the trip. There are gluten free products, local produce at, believe it or not, local prices, fresh (really fresh) meats and fish. Oh, yes, there’s a selection of low-carb food too, as well as “bin” coffee and grains.

Prices are surprisingly modest. Some would say (although lately the charge is not entirely fair) that Sprouts is Whole Foods without the whole paycheck.

Take a check, check it out, and enjoy a fresh Sprouts meal tonight.

Or how a walk in the dog park turned into a walk on the wild side.

The new Oak Canyon Dog Park, in Oak Park, has been the bark of the town, at least in canine circles. Friends have commented on how lovely it is, waxing so eloquently it would seem John Muir himself had scripted the comments.

Alas, a recent Sunday trip had to be aborted. The walk to the park is about 200 yards, uphill and down. Our aging Aussie, Murphy, couldn’t even get to the park! His back legs collapsed, and he lay immobile – his Ghandi routine. There is handicapped access parking, but is it for disable dogs?

For a second outing to the park, I arranged to have my son stay with Murphy so his feelings wouldn’t be hurt while I took Walter to meet his friend Prada. The scenery there as we emerged from the wooded path is truly spectacular – a great bowl of green lawn set against a backdrop of dark hills.

Little “Waltman” was very excited by the time we reached the entrance. So, it seemed, was a small black lab just inside the park. The two immediately set upon each other, attracting other dogs to the fray.

When we were finally able to extract our respective pooches, I carried my shaken 29-pound “Schnauchshund,” a rescue dog in more ways than one, out of the park and sat on a bench while he regained his composure. He looks defeated, said one passer-by as we ambled back to the car. That was an understatement! In fact, he is ok, just one small puncture wound.

Perhaps this weekend I’ll go to the park on my own, sans dogs, and enjoy the scenery.

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The Glass Is Half Empty

The median price of homes in Ventura County is 35% below the peak in 2006. Thousand Oaks is off peak by 30%, while Westlake Village and Agoura Hills are off by 20 from Dec. 2006 to Dec. 2009. Moorpark and Simi Valley are both off around 35%.

With federal home-buying incentives set to end in April, the budding housing market could be nipped.
Given the budget deficit and the lack of federal stimulus money, unemployment could jump again. And jobs shipped overseas may never come back.

The Glass Is Half Full

The housing market has stabilized and more gains are expected. Housing usually is the first indicator that a recession is ending.

Distressed sales are being absorbed as fast as they hit the market.

Ventura County’s median sales price is 15% higher than a year ago.

Locally, temporary unemployment is up, with the hope being that some temporary work will lead to full-time employment.

Thousand Oak retails sales are better than expected.

The Thousand Oaks Auto Mall has some of the best sales in the country.

While this is the worst recession since the Great Depression, we are, in the words of Cal State Channel Islands professor Sung Won Sohn, “beginning to see the light at the end of the tunnel.”

P.S. from Sher: In the Acorn articles I read about these two forums, there was no mention of the “shadow” inventory – the many homes that are in distress either as short-sales or bank-owned properties that are not on the market. But given the low supply of homes and condos on the market – only about 550 homes currently in the Conejo Valley, compared with 1300 by mid-2006 – it’s easy to believe many of these will be absorbed by demand. Currently, as Mark Boud of Irvine-based Real Estate Economics, said, “We’re burning off distressed sales faster than we’re creating them.”