Blog Feed: A blog about the San Luis Obispo County Real Estate market, how it's doing, what's going on, etc.
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Historically Low Interest Rates, The 2nd Factor That Should Make Today’s Buyers Absolutely Giddy
Published on 2012-01-11 02:00:35
Last time we were together it was resolved that today’s potential home buyer enjoys a ‘home court advantage’ of sorts. Simply, due to the high supply of homes caused by a necessary market correction…err..eh..’foreclosures’…compared to the relatively low demand (number of sales), today’s market can be categorized as a “Strong Buyers Market”. This is incrediblyRead More > read more
Home Inspections and Requests for Repairs
Published on 2012-01-05 13:07:27
I recently showed a bank-owned home to some first time buyers. As bank-owned homes go, it appeared to be a gem. Section 1 pest work had been completed, the house had been freshly painted, and the landscaping was trimmed and healthy. The bathrooms weren’t scary, there was no suspicious “moldy” odor permeating the house, norRead More > read more
You may not have to pay a Short Sale Deficiency
Published on 2011-11-28 10:40:06
As a general rule, a mortgage lender is prohibited from pursuing a short sale deficiency or deficiency judgment resulting from a short sale on residential 1-to-4 unit properties. Where applicable, a mortgage lender involved in a short sale is prohibited from engaging in any of the following acts: Collecting a deficiency Having a borrower oweRead More > read more
The 2 Factors That Should Make Todays Buyers Absolutely Giddy
Published on 2011-11-22 10:32:17
Central Coast Home Buying, Part 4 of 20: ‘A Strong Buyers Market’ The 2 Factors that should make today’s buyers absolutely giddy are: Strong Buyers Market and Historically Low Interest Rates. Today’s blog will tackle the 1st, Strong Buyers Market; next week, we’ll tackle the 2nd. But do realize, for today’s Central Coast Home Buyer,Read More > read more
Home Renovations That Pay When Selling Your Home
Published on 2011-11-21 10:13:31
Are you getting ready to put your house on the market? Confused about how to make your home look its best without sabotaging your budget? Here are some ideas for some home renovations when selling your house… First impressions are huge. Look at your house from the perspective of a buyer. When we live in theRead More > read more
San Luis Housing Market to Remain Flat in 2012
Published on 2011-11-17 14:02:12
On Tuesday, November 15th, 2011, The Embassy Suites in San Luis Obispo held its Annual Main Event to inform the public Real Estate Industry what to expect for the San Luis Housing Market in 2012. The main event included 3 speakers this year: the first and most popular being Leslie Appleton Young who is theRead More > read more
Getting Off the Fence, Central Coast Home Buying, Part 3 of 20
Published on 2011-11-01 19:26:15
Getting Off the Fence I know what you’re thinking…I’m a real estate broker and…no, worse…I’m a real estate ‘salesperson’ who thinks the only way off the fence is to ‘buy a home!!!’ Right? I know, I know. I hear the comments…we’re up there with attorneys! But ‘Getting Off the Fence’, to me, does not meanRead More > read more
3rd Quarter Market Update
Published on 2011-10-30 00:09:16
Watch a video on this! >> Across the board in all areas of our marketplace we are seeing about a 10% increase in sales this year when looking at the first 9 months, versus last year. Home prices are fairly consistently lower overall in all markets except one, with a general decrease in per squareRead More > read more
The Question to Consider Before Buying, Part 2 of 20
Published on 2011-10-20 13:29:45
The Question to Consider Before Buying: Why? Home ownership is not for everybody. I am faced with the reality of renting vs buying your own home several times this year. I provide monthly home buyer workshop that are marketed to current renters. I do this because this is the first time in decades here onRead More > read more
Central Coast Home Buying, Part 1 of 20
Published on 2011-10-03 14:06:36
The Central Coast of California will always have a unique draw. The often heard adage we hear around our coastline is ‘it’s always a good time to buy…they’re not making any more of it!’ And that’s true. But the coastline, striking as it is, represent just one ‘flavor’ of properties here on our Central Coast.Read More > read more
Hello world!
Published on 2011-07-01 00:04:22
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging! > read more
Centennial Square Causing Quite a Stir
Published on 2010-02-11 10:15:20
Found on San Luis Real Estate Buzz, Centennial Square Causing Quite a StirCentennial Square, in Arroyo Grande is the subject of much debate in the city council these days. The proposed project which is planned to bring in more tourist business to the > read more
Unemployment takes a positive turn!
Published on 2010-02-09 01:13:26
Found on San Luis Real Estate Buzz, Unemployment takes a positive turn!According to the California State Employment Development Department, the unemployment rate in San Luis Obispo County was down to 9.4 percent in December, from 9.5 percent in Novem > read more
Margarita Housing Plan Stalled
Published on 2010-01-28 22:56:12
Found on San Luis Real Estate Buzz, Margarita Housing Plan StalledAccording to a report at SanLuisObispo.com, a project coined the Margarita Area Specific Plan has run into trouble, and much of the planning to add approximately 868 homes to the City > read more
Mortgage Rates Remain Low
Published on 2010-01-28 22:45:54
Found on San Luis Real Estate Buzz, Mortgage Rates Remain LowMortgage rates have stayed much the same over the past week, hovering around an average of 4.98% according to an MSNBC report. Rates remain slightly higher than their record low of 4.71% fr > read more
Home Sales, and prices drop in SLO
Published on 2010-01-28 10:57:48
Found on San Luis Real Estate Buzz, Home Sales, and prices drop in SLOAccording to SanLuisObispo.com, the ongoing recession remains in San Luis Obispo County with home sales, and the median price of homes dropping in December. The median price of hom > read more
Welcome!
Published on 2010-01-07 22:56:19
Found on San Luis Real Estate Buzz, Welcome!Welcome to San Luis Real Estate Buzz! This site will be a site dedicated to the inner workings of the real estate industry in San Luis Obispo County. Our county is a unique microcosm of California Living. W > read more