A CLEAN HOME IS A HAPPY (HEALTHIER) HOME

C21 HOMETOWN’S - 7 DAY PLAN TO A HAPPY, HEALTHIER HOME We’ve all heard the old adage “a clean home is a happy home.” It’s pretty safe to say a clean home is also a healthier one as well and we call use an extra dose of healthy! In the world of real estate, “Spring Cleaning” a house before selling is always key in making sure the house sell faster...

PLUNGING INTEREST RATES COULD HELP BUYERS ON THE FENCE

Mortgage rates are falling fast, and they could sink even lower reports Mortgage News Daily. The 30-year fixed-rate mortgage now averages 3.34%, a rate last reached in 2012 and briefly in 2016. That is for borrowers with strong financials and credit scores. As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward an eight-year low. They could sink...

2020 VISION FOR REAL ESTATE IS LOOKING GOOD

Lower than expected interest rates kept real estate strong in 2019 and many experts predict 2020 will keep rolling in the same direction. According to a recent article in Forbes, Odeta Kushi, deputy chief economist at First American, shared that mortgage rates will remain low next year, between 3.7 and 3.9%, fueling a healthy real estate market. PRICES TO KEEP RISING Tight inventory and increased demand will keep pushing prices...

FALL IS THE BEST TIME TO MOVE

Central Coast locals often boast that Fall is one of the best times of year to enjoy all our area has to offer. The season brings smaller crowds at the beach, warm sunny days, a plethora of fun Festivals and the long-awaited harvest seasons at the wineries. But did you know it marks a great time for buyers and sellers and is actually the best time of year to move?...

WHEN DOWNSIZING COULD MEAN LIVING THE DREAM

WHEN DOWNSIZING COULD MEAN LIVING THE DREAM While owning your home is still the American Dream, the idea of living out the golden years in the same home has changed for many Empty Nesters. As you get older, downsizing or settling into a smaller home with a simpler lifestyle could be one definition of “living the dream.” REVISIT HOUSING SITUATION At least 37 percent of Baby Boomers said they plan...

CALIFORNIA DREAMIN’ FOR PROPERTY INVESTORS

The “California Housing Market Report and Predictions” article released by Gord Collins of Manage Casa, explored the key factors that will drive the California market for the years ahead. Below are key excerpts from the article. CALIFORNIA DREAMIN’ California is a special place to live and rent, and to buy and sell a home. The market diversity is hard to comprehend. And the battle for homeowners hanging onto proposition 13...

Should you buy a second home? Predictions for the 2019 market.

In view of the healthy economy, you may be thinking of buying a second home as a vacation getaway, as housing for family members or as an investment property. That could reap great benefits, but you should only proceed with insight into this year’s secondary home market. A few predictions from real estate specialists: In general you can expect a buyer’s market, according to Bloomberg. Costs may be attractive in...

Should You Use a Professional Stager When Selling Your Luxury Home?

If you’re planning to put your luxury home on the market, consider staging it first. Staging is the process of “styling” a home to maximize its appeal to potential buyers. It can be as simple as eliminating clutter or reorganizing a bookcase, or staging can involve removing, replacing or re-arranging furniture, adding accessories or taking down heavy draperies that block the light. According to StagedHomes.com, which provides training and awards the...

New Rules and Changes for 2019

Governor Brown signed a series of legislative bills on September 30, 2018. Below is list of new laws pertaining to real estate that agents should anticipate to impact California real estate in 2019. 1. Building Permits Expiration Period Extended (AB 2913) - Effective 1/1/19 This bill provides that a permit would remain valid for purposes of the California Building Standards Law if the work on the site authorized by that...

California Foreclosure Reform Update

From Housing Wire By Jon Prior • April 18, 2012 • 12:34pm Seven bills reforming some foreclosure rules passed committees in the California state legislature this week. The bills were introduced in February. One set of bills extends protections to tenants, giving them 90 days before eviction after the foreclosure sale of the property. Another increases penalties to banks that fail to maintain blighted homes. Servicers would be required to provide documentation...