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...

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...

Orcutt

Orcutt Located on the south side of Santa Maria, Orcutt is a highly desirable area for its small-town charm and family friendly lifestyle. Old Town Orcutt, a bit reminiscent of the Old West, was established in 1904 and is a local destination for restaurant and shops--all located within a few blocks. There are five wine-tasting rooms located here.

Century 21 Hometown Realty – Smarter Bolder Faster

Century 21 Hometown Realty is among the only central coast real estate companies that leverage television advertising as part of our marketing mix to support home ownership on the central coast. This month, we ran three ads during the superbowl. We hope that you saw them all. Each of them were created to drive consumers to the number 1 destination on the central coast for property information - c21home.com. Thanks for visiting...

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 -...

Rent Vs. Buy

Americans’ Expectations Align to Encourage Home Buying More consumers may be looking to purchase homes with a shift in several key housing market indicators, according to Fannie Mae’s March 2012 consumer attitudinal National Housing Survey. More Americans now expect both home rental and home purchase prices to increase over the next year.   Nearly half of consumers expect higher rental prices, the highest number recorded since monthly tracking began in...