Conejo’s house of blues

Residential real estate no longer an easy payday

BOOM OR BUST?--Ventura County's new home market declined 34 percent last year. No major turnaround is expected in 2007.

Home prices up, home prices down: It's hard to know where the housing market is headed in today's economic climate. But the experts agree on one thing: Residential real estate isn't the safe haven it used to be.
The median home price in Calabasas gained almost 8 percent last year over 2005--to an areawide record of $1.39 million--but in ...

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