Mike Hendrickson's Real Estate Blog

Good morning to all!  It is the end of the month, and how has the month been for you?  For us it has been a busy month! Need to see more inventory hit the market for this to continue. See my web site www.myslohomefinder.com for all your home search needs. The Day Ahead: Initial Jobless Claims, Pe...

    Today's mortgage rate update is brought to us by Prudential California Realty in the beautiful city of San Luis Obispo California.  We are seeing huge demand for housing here, much of the demand is coming from So. Cal and No. Cal.  Also we are seeing demand from the Northeast, especially from...

There is a great article that caught my eye in the L.A. Times by I. Scott Rechards that talks about a new subprime type loan product that could hit the market in the near future.  My view is that the home buyer should have some "skin in the game!"  By this I mean they should have at least 3.5% do...

We have today's mortgage rate update for Tuesday 1/29/2013 for you.  With the economy picking up and housing going up in California 12% since November 2012 per CNBC, we are looking at inflation picking up. Go to my web site at www.myslohomefinder.com for all your home search needs in San Luis Obi...

I hope all has a great weekend.  Here is the mortgage rate update for today.  This update is brought to us by Prudential California Realty in San Luis Obispo California.  Check out my web site www.myslohomefinder.com for all your home search needs! The Week Ahead: Will be busy with plenty of econ...

I hope all are having a great weekend.  How long are we going to have these low interest rates?  I don't think for much longer.  We are seeing improvements in the job market and the housing market is picking up.  Looks to me like we are seeing the first signs of inflation. See my web site www.mys...

Here is the weekend mortgage rate update!  Hope you all have a great weekend! See my web site at www.myslohomefinder.com The Week Ahead: New home sales   A huge upward revision to November makes for an unexpected and very outsized comparison with December. New home sales in December plunged 7.3 p...

Here are the mortgage rates for Friday January 25th, 2013.  Rates are so low, but so is the inventory!  Prices are moving up so those buyers out there need to step up and get their home. Go to www.myslohomefinder.com for all your real estate needs in San Luis Obispo County.   The Day Ahead: New h...

How do you get dead beat tenants to pay up?  Check out how this Brooklyn grandmother shames here tenant! This video has a short add in the first part, and then check out how this landlady tries to get her back rent- http://www.charter.net/tv/3/player/vendor/Tribune%20Broadcasting/player/fiveminut...

It looks like Monterey County is similar to my county San Luis Obispo to the south.  We have been feeling the same signs of shortage, with multiple bids and heavy investor interest.  Thanks to the Monterey Herald for the great article. Monterey County running out of homes to sell Prices moving up...