4 beds 5 baths 4,910 sqft
$1,999,000
Welcome to this amazing Bob Lee contemporary, on a sprawling one acre
with mosaic tile pool/spa, pool house with bath and loft, and putting
green, at The Summit, in Las Posas Estates. The moment you walk through
the front doors, your eyes will catch the most exquisite views, from
every room, through enormous picture windows. Soaring high ceilings,
corian countertops throughout, tasteful contemporary architecture
including a 42 foot long sky light, and marble floors, seamlessly guide
you through the 5,100 square foot home. Enjoy gorgeous views from the
master suite, complete with ample built in cabinetry, his and hers walk
in closets, jacuzzi tub, and large walk in shower. More amazing views
from the giant great room, featuring a large fireplace with marble all
the way to the ceiling. The dining room features incredible views
through large picture windows, a built in buffet for entertaining, built
in glass cabinetry, and gorgeous glass and marble dining table with
eight chairs, specifically designed for the home will be included in the
sale. Island kitchen includes built in Sub Zero fridge, Viking double
oven, Gaggenau range with deep fryer and grill, walk in pantry, and more
of those fabulous views of Camarillo. There is a den/office close to a
powder room, and two large guest bedrooms with large ensuite baths down
the hall. Large garage has upstairs playroom with closet. 11
flatscreen tv's mounted throughout the home included. Live happily ever
after in Camarillo.
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What makes a "Bob Lee" notable? Low density, high quality, single story, accessible. Jim the Raeltor can tell you about the premium those often command. Click on the address for more. Note also; built in 1987. First resale 1997. This is only the second resale in 31 years.
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What makes a "Bob Lee" notable? Low density, high quality, single story, accessible. Jim the Raeltor can tell you about the premium those often command. Click on the address for more. Note also; built in 1987. First resale 1997. This is only the second resale in 31 years.
216 comments:
«Oldest ‹Older 201 – 216 of 216Regarding wages - I'd love to see some wage data broken down by age categories. Lacking that, I still suspect that a significant chunk of the "problem" is demographics, (at least in regards to the national numbers that have everyone concerned.
One issue is that I can find "household wages" back to the '50s, I can only find "avg. or median hourly or weekly wages" back to 2006. That's when BLS added those series to the Establishment survey. I can't FIND comparable data from earlier times.
I also suspect that the psychological fallout from 2009 is helping suppress wage increases. When you REMEMBER a time when you (or your next door neighbor) lost their home due to job LOSS ... the concern with salary increase becomes less of a thing. In the wake of 2009, I think millions of Americans learned to become more grateful for the job they had -- and less concerned with "keeping up with the Joneses".
I think this shows up in stats that say we're less mobile than before, and shifting focus from dollars to other, less tangible variables - like job satisfaction, quality of the people we work with or for, etc.
You think back to the '50s ... and the career concept at the time was pick a company, and plan on working there for 40 years. There was a massive shift in consciousness to the job-hopping, loyalty-shunned thinking of the '80s and beyond.
But, I still believe the #1 variable (that is generally ignored) is that the flood of women into the workforce skewed data for 40 years.
Consider:
Labor force increase
1950-1959 - 6.9 Million
1960-1969 - 11.2M
1970-1979 - 22.6M
1980-1989 - 17.1M
1990-1999 - 14.0M
2000-2009 - 9.8M (10 year increase was +15.5M in 2006)
2010-pres - 8.3M
That massive flood of bodies in the labor force from 1960-2000 was the transition from June Cleaver to Roseanne economic model. So, "household" income totals were going up based on the increase in wages AND the increase in workers per household. Today, at the upper ends, we're returning to the single-earner family. But, we also are seeing an erosion of typical 2-earner households. Marriage is getting delayed (or shunned). Having kids is getting delayed (or shunned). Buying houses. Delayed or shunned.
All these changes have an impact on the numbers.
Good Afternoon!
Busy days for me too. Sadly my cancer Doctor is leaving to start a new and complete cancer center in his home country. He will over see 80 doctors in the endeavor. Again these are the immigrants we need not millions of poverty workers. Luckily my new doctor an immigrant is on staff now and has been for a few years.
The wheel of fortune is another notch down today. Thank goodness RRE only goes up! LOL!
Employee loyalty and job hopping started in the 70's.
Looks like comments are missing, not just mine?
Now they are back.
CR has an interesting piece on Cal RE.
https://www.calculatedriskblog.com/
Increase in inventory of SF Homes began in April and has turned into a flood.
So, do we need to start searching through the closet for the DOW 23k hat?
And perfectly apt in the land of bifurcation ...
Trump approval ratings are rising ... but
Democratic House acquisition odds also rising ... but
Republican Senate retention odds also rising
I mean ... it's almost like it matters which people are running in individual races and everything isn't decided by party affiliation and feelings of the moment about the current President. Not that this could actually be true, of course ...
Banks have fewer deposits in non interest bearing accounts, and making less money. I weep crocodile tears.
Hmmmmmm.
Mkt down a mere 0.5%
Is it time to call out the search parties for the Dawg?
Has Dawg abandoned us permanently? We bin good.
Dawg is on vacation - I'll help him out with some VenCo content (a video tour of an oceanfront house):
https://youtu.be/1-wgLzKzO40
>>>Kalifornia is now and always a big guess to me. Are the lenders maintaining qualification discipline?
Yes but loan volume has to be plummeting now that the refi boom is over. If you want the best rate on a conventional 30-yr mortgage, you have to fully qualify but you can get away with 3% down in the lower-end markets.
There are alternatives, however.
If a borrower isn't that picky about rate or term, then he can qualify using the last 12 months of bank statements, instead of tax returns and paystubs. This alternative was used during the last bust and looks exotic just because it's different, but I like the verification of the actual money going through the bank -it's hard to fudge those.
You can still cook up two sets of 1040s on Turbo Tax in about 30 minutes, so the system can be gamed regardless of the qualifying requirements.
P.S. The FBI demanded my presence the other day! False alarm - they read something on my blog that they thought was about a guy they had in jail, but it wasn't. But while I had their attention, I pitched my cooperation in chasing down the short-sale con men that cheated the big banks out of millions - they couldn't have been less interested.
Good Morning!
The free money to builders went well, at least for them. They built a dozen or so house at the golf course which has been empty since I came here 17 years ago. All the rest of the lots, several dozen are for sale and no building going on for a long time.
So what does the city do but a research study of a housing shortage and gave TIF money to a local businessman to build 200 more homes. Sadly the geniuses can't do simple math that the population has dropped for several years backed up by a drop in school enrollment.
So I would say the bubble has burst and they want one last shot of feeding their friends. Did I mention rentals have had vacancies and rents have dropped. Yep booming recession still going on here but the RR has picked up.
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