Many people are suffering foreclosure in the area encompassed by the 93023 zip code (which includes Ojai, Mira Monte, Meiners Oaks, and Oak View). In August, approximately 1 out of every 500 houses received a foreclosure filing. Compared to California as a whole, Ojai is doing fairly well. California's rate of foreclose is double that of Ojai. In hard numbers, the Ojai area saw 19 homes go into foreclosure in August. That is a home every day and a half -- in our small community.
The people of Ventura County as a whole suffer even more. In terms of the sheer number of foreclosures in August, these cities lead the way. Remember, these numbers represent one month of activity.
- Oxnard (280)
- Simi Valley (236)
- Ventura (143)
- Camarillo (140)
If we look at the percentage of homes in foreclosure in a given community, the ranking of cities on that list changes. Again, the numbers are not annualized. The number represents the percentage of houses that went into foreclosure in August.
- Moorpark (1 in 149)
- Simi Valley (1 in 176)
- Port Hueneme (1 in 186)
- Oxnard (1 in 191)
At the rate Moorpark is preceeding, nearly one in ten families who own their home would go through foreclosure in year.