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...

BUYING BEFORE THE SCHOOL BELL RINGS

BUYING BEFORE THE SCHOOL BELL RINGS Just because summer is here does not mean it’s too late to get in before the school year begins. It does mean time is of the essence to find the perfect family home and get your kids enrolled in a great school! RIGHT SCHOOL Buying the right home is more than square footage and amenities, for many young families it’s also about being in...

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...

Featured Ranch with 30 Acres on Westside of Paso Robles

Century 21 Hometown Realty has one of the most successful Ranch and Ag sales divisions on the Central Coast of California. We are grateful to be able to offer this spectacular 30 acre property. The ranch is located just three miles outside of downton Paso Robles, blending rural living with the convenience of everything that Paso has to offer, including world class dining, shopping, schools, and social activities. The ranch...

Most Expensive Properties For Sale in San Luis Obsipo County

Next weekend, the Young President's Organization will be having an event here is San Luis Obsipo County. It will be hosted by Ed Stevens, CEO of Shopatron, one of the county's largest private companies with more than 100 employees, and a member of YPO. To be eligible for YPO, you must be under the age of 45 and the CEO of a company that has more than 50 employees, has...

Paso Robles Wine of the Month – Syrah

The central coast is among the most outstanding wine regions in the world, offering the prefect conditions for producing a wide range of outstanding varietals. For those who enjoy wine, there are few gastronomic pleasures beyond tasting a wine with your feet planted in the very soil in which it was grown. This may sound somewhat odd, but you can actually smell the vineyard in the wine - it is...

We need more listings

Our company has grown from 100 agents to more than 300 over the past few years. You have probably see more Century 21 Hometown Yard Signs than any other local company. We have had to open offices in nearly every town on the central coast to support the growth. Century 21 Hometown Realty is currently working with more than 850 buyers company wide. There are only 994 listings available -...

Paso Robles Home Showing Report

Foot traffic to properties for sale can provide great insight into the direction of future home sales. SentriLock is the lock box provider to the regions real estate professionals. Today's lock boxes are smart. They record information each time the lockbox is accessed, and record who access the box. Aside from the enhaned security features, knowing the number of showings is indicative of real estate buyer activity.  SentriLock, LLC. provides showing data...