I just read a great article about how the profile of the American home buyer has changed dramatically over the last year. The median age of home buyers jumped from 39 years old to 45. This is due to the economic pressures that people are facing. With high unemployment, the challenges of getting a
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12/16/2011
Sellers want to know how sales this time of year compare to other times. This graph is very telling... From it, we can see that the number of active properties on the market has gone down significantly (1790 vs 1385). And new listings have decreased by almost half (476 vs 274). However, the numbe
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12/16/2011
The last couple of years I have not only worked hard in December to generate business that would start my year of well, but I also use this month to get myself fully planned out and organized for the New Year. It pays off one-million-fold! Last year was my time to really get my database in order.
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12/15/2011
This is the last in the series of blogs about the communities of the Central Coast. Nipomo is the final town that I have not yet described. Please read on... Nipomo Nipomo is claimed to have some of the best weather in the United States -- typically around 70 degrees and nice and sunny. The excep
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12/13/2011
So far in the previous blogs, I've covered a description of most of San Luis Obispo County. Just two sections remain: North County and Nipomo. This blog is about the towns of the North County: Santa Margarita, Atascadero, Templeton, and Paso Robles. North County Most of North County (which is any
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12/13/2011
The last couple of blog posts have been about a few of the communities in the Central Coast. This is a continuation in that series. In this blog, I'll be discussing the communities of the north coast: Los Osos, Morro Bay, Cayucos, and Cambria. North Coast In general, the north coast is a series o
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12/13/2011
My clients often ask about the "culture" and weather of the different communities within the Central Coast. This blog is to discuss the largest city in San Luis Obispo County and a neighboring town: San Luis Obispo city itself and Avila Beach. San Luis Obispo There are really 4 different subsecti
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12/13/2011
Many of my clients are from out-of-the-area, and they often ask me to describe the differences between the various communities of the Central Coast. This blog entry is to address the communities called the Five Cities. The Five Cities The "five cities" are made up of Shell Beach, Pismo Beach, Arr
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12/12/2011
In this REO market that we are in, we are often faced with telling our clients that they need to put in their "highest and best" offer. They always ask me what this means, and ask me for advice around what price and terms they should offer. First, I explain that "highest and best" means the highe
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11/29/2011
Learn from the bust of the housing bubble in 2007. The bust happened because many sellers treated buying their home as they would buying an investment property. This is a dangerous mistake. They would put as little down payment as possible, and then when the value of the home went up, they took o
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11/26/2011
