Looking forward to the week ahead.  It looks like we are seeing signs of increasing strength in the economy and inflation in fuel prices and food.  Just talk to anyone on social security or a fixed pension.  One 86 year old friend I recently talked to said he was able to live on his social security 20 years ago, but has to dip into his savings to make ends meet now!  He just prays his savings will not run out. See my web site www.myslohomefinder.com for all your home search needs. The Week Ahead- 3-Day Weekend, Empire State Index, Industrial Production, Consumer Sentiment   The first indication on this month's manufacturing conditions is resoundingly positive. The Empire State Index surged 18 points to 10.04 for the first positive reading since July. A positive reading for this index in... 02/17/2013

We are seeing the economy speeding up.  All we have to do is look at the Empire State Index and how it surged 18 points for the first positive move in 7 months. On a world wide outlook, the Japanese government has been on a policy of devaluation of the Yen. They are doing this to make their products cheaper on the world market and to cut importation of foreign goods by pricing them higher.  Japan has been in a recession for decades and has to do something.  But this is just an example of many nations printing money and driving their currencies down.  Go to my web site at www.myslohomefinder.com for all you Central Coast home search or sales needs. The Day Ahead: Before 3-Day Weekend, Empire State Index, Industrial Production, Consumer Sentiment   The first indication on this month's man... 02/15/2013

Here is today's mortgage rate update brought to you by Prudential California Realty in the super city of San Luis Obispo California.  Rates are unchanged from yesterday but we can see higher rates ahead. Today's news: Jobless Claims           The number of Americans filing initial Jobless Claims and continuing claims is trending at the lowest levels of the recovery and is pointing to building strength for job growth. Initial claims fell 27,000 in the February 9 week to a 341,000 level that is nearly 20,000 below the Economist consensus. The four-week average, at 352,500, is about 10,000 below the month-ago trend which offers an early indication of strength for the February employment report. Next week's report, which will offer data on the survey week of the monthly employment report, w... 02/14/2013

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 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 percent to an annual rate of 369,000. November is now revised 22,000 higher for a 9.3 percent monthly surge to 398,000 which is by far the highest rate since the housing stimulus of April 2010. October is even revised upward, by 3,000 to 364,000. New homes are in short supply though December's adjusted number of homes on the market, at 151,000,... 01/25/2013

Today's mortgage rate update is brought to us by Bob Franklin at Wells Fargo Home Mortgage  in Pismo Beach California. My web site is the best!  Visit it for all you San Luis Obispo home search needs www.myslohomefinder.com The Day Ahead: GDP, Jobless claims, Existing Homes           Real GDP growth for the third quarter was revised up significantly but the composition deteriorated. The Commerce Department puts the second estimate at 2.7 percent annualized, compared to the advance estimate of 2.0 and second quarter rate of 1.3 percent. The latest number came in essentially the same as the consensus forecast for 2.8 percent.There is no indication that states are carrying extra Jobless claims from Hurricane Sandy, comments from the Labor Department that point to trouble in the jobs market... 11/29/2012

Good morning to all!  Here are today's record low interest rates. The updates are brought to us by Bob Franklin at Wells Fargo Home Mortgage in Pismo Beach. Go to my web site at www.myslohomefinder.com for all housing search needs in San Luis Obispo County. The Day Ahead:New Home Sales       A jump in prices appears to be holding down new home sales which slipped 0.3 percent in August to a 373,000 annual rate. The curve for sales has flattened a bit the last couple of months but the longer term trend is still upward. Regional data are mixed showing monthly gains for three of the four regions but a third monthly decline for the South which is by far the largest region. A fall-off in weekly oil imports more than offset a small rise in domestic production to make for a moderate 2.4 million... 09/26/2012

Top of the morning to you all!  I hope all have a great weekend!  Here is the mortgage rate update from Bob Franklin at Wells Fargo Home Mortgage in the village on the beach Pismo Beach California. Go to my web site at www.myslohomefinder.com for all your home search needs in San Luis Obispo County. The Day Ahead: Consumer Sentiment, Factory Orders         Of all the reports on consumer spirits, the Consumer Sentiment report shows the least weakness. The consumer sentiment index rose 7 tenths from mid-month to close August at 74.3. This is up a solid 2 full points from the final July reading. Importantly, the gain is spread evenly between the first half of the month and the second half which points to a steady slope of improvement going into September. Data on Factory Orders  show a wid... 08/31/2012

Wednesday's mortgage rate update for 8/01/2012!  Thanks Bob Frankin from Wells Fargo for the update! Visit my web site- www.myslohomefinder.com for all your San Luis Obispo County home search needs! The Day Ahead: Data Continues But FOMC Announcement Is The Focus         ADP sees non-farm payrolls rising 163,000 in July, which is above expectations but still below ADP's revised 172,000 total for June which is a comparison that does not point to monthly improvement for Friday's jobs report from the government. The US manufacturing sector is dropping, especially unfortunately orders. The ISM's composite headline index remains under 50, at 49.8 in July vs 49.7 in June. But the details show greater trouble with new orders at 48.0, up slightly from June's 47.8 but still showing monthly contr... 08/01/2012

Top of the morning to everyone! Here is the mortgage rate update for San Luis Obispo real estate purchases and refi's.  This is brought to use by Bob Franklin at Wells Fargo Home Mortgage located in Pismo Beach California. See our web page at www.myslohomefinder.com for all your real estate needs in San Luis Obispo, Arroyo Grande, Pismo Beach, Shell Beach, Avila Beach, Grover Beach, Nipomo, Atascadero, Templeton, Paso Robles, Morro Bay, Cayucos, Los Osos, and Cambria real estate and house search.   The Day Ahead: GDP, Consumer Sentiment                The recovery lost steam in the second quarter. GDP growth decelerated to 1.5 percent annualized from 2.0 percent in the first quarter. Today's report includes annual revisions and the first quarter was revised up slightly from 1.9 percent.... 07/27/2012

One time Atascadero developer and home builder could face over 300 years in prison.  Victim's losses may total more than $130 million.  Please read this well written article by AnnMarie Cornejo and Tonya Strickland  of the San Luis Obispo Telegram-Tribune. The Federal Indictment is also attached at the bottom.   Kelly Gearhart indicted by grand jury on fraud, money laundering charges Former Atascadero resident is accused of swindling local investors out of millions of dollars and could face 300 years in prison    By Joe Johnston | jjohnston@thetribunenews.com| purchase prints Kelly Gearhart stands in front of the Printery building in Atascadero in 2005. <>   By AnnMarie Cornejo and Tonya Strickland | newsroom@thetribunenews.com AnnMarie Cornejo and... 07/09/2012

  Atascadero Wine Festival Atascadero Lake Park-Wine and Food! Date:June 23rd 2012 Time: 4:00pm-8:00pm Location: Atascadero Lake Park Admission: $45 in advance and $50 at the door Atascadero a Fun place to visit a Great place to Live!   06/14/2012

  I've read an article from Stewart Title eNewsletter and it's worth sharing... For the full details, click this link: http://image.exct.net/lib/fef61773726301/d/1/HoldTitle.pdf  The four ways for two more people to hold title within the state of California:1. Tenancy in common Parties - any number of persons (including married or registered domestic partners) Title - Each co-owner has a separate legal title to his or her undivided interest. Possession - Equal rights of possession 2. Joint Tenancy Parties - any number of persons (including married or registered domestic partners Title - Co-owners must acquire interest all the same time and from the same person (may be created by deed from a sole owner to self and to others). Possession - Equal rights of possession 3. Community Property... 06/11/2012

Do you know someone that is sitting on the fence and not buying yet because they are afraid of housing dropping more?  Well take a look at the inventories in your local area.  Here in San Luis Obispo County we are seeing inventories dropping and prices starting to move up.  Foreclosures and short sales are decreasing. Very little building is being done! What does this tell us?  It tells us that we will be looking at a single family residence housing shortage in the very near future!  Hold on to your wallet "fence sitters" because you will be paying more, and think you are safe in that rental?  With a housing shortage, your rent is also going up.  See below chart to see median prices.   !    05/26/2012

Do you think that house prices have bottomed?  One expert says "No"!   House Prices Not at Bottom in Regional Markets, Regulator Says By Jesse Hamilton - May 22, 2012 8:44 AM PM   U.S. house prices haven’t yet bottomed out in regional markets clogged by the slow handling of foreclosures, according to Martin Pfinsgraff, a deputy comptroller at the Office of the Comptroller of the Currency. “It does not appear that we have yet hit bottom in the pricing of housing stock in many regional markets and the issues attendant to resolution of foreclosure processing have delayed market clearing from occurring more quickly,” Pfinsgraff, who focuses on credit and market risk at the agency, said in a speech today in New York. The regulator of U.S. national banks, along with other federal agencies, s... 05/24/2012

This weekend is the Arroyo Grande California Strawberry Festival.  You can see the events by clicking below.  Looking for a house in San Luis Obispo or Arroyo Grande, visit my web site at- www.myslohomefinder.com   Chttp://youtu.be/UWltE2w3UoI The Arroyo Grande Strawberry Festival named the place to be on Memorial Weekend by Sunset Magazine! As one of California's largest festivals and premiere festival on the Central Coast this family-style event brings together thousands of visitors and residents to enjoy activities and entertainment, the Strawberry Stampede, hundreds of art, craft and display booths, ethnic foods, and of course, scrumptious strawberry treats of all kinds in shortcakes, funnel cakes, milkshakes, ice cream and by the box! The wonderful May weather and ambiance of the h... 05/24/2012

    The 17th Annual Atasacdero Lakeside Wine Festival will be held from 4:00 to 8:00 p.m., on Saturday, June 23rd, at the beautiful Atascadero Lake Park.   An annual celebration of the viticulture on the Central Coast, the festival will feature some of the best wines from 80+ wineries from around San Luis Obispo County.  Attendees will have the opportunity to speak with winemakers and vineyard owners about the wine and history of the wine experience.  In addition to live music by the popular band, “Mighty Croon Dogs”, participants will also enjoy a range of epicurean delights prepared by local chefs.     Wine and food attendees will also receive a commemorative wine glass, and shuttle service will be offered throughout the event.   Proceeds from the festival will benefit the Charles Pad... 04/01/2012

On of the prime locations in San Luis Obispo for real estate is Atascadero.  Atascadero is only 18 miles for San Luis Obispo.  It is nestled in the oaks and the hills.  The founders of Atascadero wanted to develop a town where the lots were large, and the setting was natural.  On the real estate front there are a large number of "fixure uppers" that can be had at bargain prices.  If you are handy, you can fined a custom made house with a one acre lot.  When the market turns around, which I start see starting later this year, you will make instant equity.  To find these diamonds in the rough, please go to my web site  www.myslohomefinder.com  Also you can call me at 805-550-3395.   01/21/2012

Atascadero and Paso Robles foreclosures are going to rise in the next few months.  The banks have increased their notice of default and auction filings in San Luis Obispo County.  But the good news is that the number should start to decrease as the ARM resets decline.  See below chart from Credit Suisse-  With these resets greatly reduced starting later this year we should see a decrease in foreclosures and short sales.  Combine this with the fact that there is very little being built and you can see that in the next few years we are going to see far less inventory.  Eventually we possibly can see even a housing shortage.  We must remember that there is a bent up demand from first time, move up, and move down buyers.  Once the present owners can sell they will start to get those bigger ... 01/17/2012

Atascadero Fixer Uppers are plentiful!           And, there's several Atascadero Fixer Uppers for sale   Click the button below to view all ATASCADERO FIXER UPPER HOMES FOR SALE                           "Atascadero Fixer Upper Expert" Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 10/11/2011

Today I received this great email from my friend Nick Moreno at the National Sales Center.  It was great info and thought that my AR friends would enjoy it! Are You Focused On Being The Perfect Sales Rep?In sales, we search endlessly for perfection. We want to either be the perfect sales rep or we want to hire the perfect sales rep. We strive to find the perfect sales process and conduct the perfect sales meeting. Unfortunately, we never find the perfection we are after because it simply doesn’t exist. Ask a group on one hundred sales reps who is the best rep, and every hand will be raised. Even that fellow in the back row, who’s at forty percent of quota, will raise his hand. However, ask them who is the perfect sales rep and few, if any hands will be raised. Those that decide to raise... 08/21/2011