Thursday, March 4, 2021 / by Traci Pimentel
This is what California dreams are made of! Boasting breathtaking ocean views, this premier custom home is located in the prestigious Shell Beach community of Spyglass Pointe. The west-facing deck is an ideal spot to relax or entertain while taking in fabulous unobstructed coastline views.
Wall to wall glass doors bring the beach elements indoors to enjoy from the main Living area, Dining Room & Kitchen. Sip a libation by the wet bar and cozy up by the hearth in the Living Room. Gorgeous hardwood floors flow throughout this open-concept 3 story home.
The luxury kitchen is a chefs delight, featuring lustrous granite counters, a large island with a dual basin sink, two dishwashers, an additional wash sink and beautiful wood cabinetry. The 6 burner DACOR convection stove is adorned with a decorative tile backsplash &Tuscan style hood. Bring your groceries up from the garage hassle-free using the elevator.
The Master Suite has the top floor all to itself! Hang up yod ...
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Wednesday, February 10, 2021 / by Traci Pimentel
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.
1. This time, housing supply is extremely limited
The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally increase.
In real estate, supply and demand are measured in “months’ supply of inventory,” which is based on the number of current homes for sale compared to the number of buyers in the market. The normal months’ supply of inventory for the market is about 6 months. Anything above that defines a buyers’ market, indicating prices will soften. Anything below that defines a sellers’ market in which prd ...
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Wednesday, January 27, 2021 / by Traci Pimentel
Market Update
San Luis Obispo County hasn't seen much change with New Listings hitting the market in comparison to the previous couple weeks. We did see a nearly 13% increase in properties going Pending. With more than 15% less properties sold this past week, the uptick of escrows opened, and no influx of inventory hitting the market, we're still very much in a Seller's Market.
A swell of buyers are looking to enter the market, keeping demand firm amidst the continued historically low interest rates. By the 4th quarter this year, experts are forecasting that refinance volume will decrease, largely because many will have already refinanced due to these low rates.
In 2020, median listing prices grew 13.3%, according to Realtor.com. Experts forecast prices will stay on this upward track.
Even if home prices rise as forecasted, that w ...
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Thursday, January 21, 2021 / by Traci Pimentel
201 Five Cities Drive #20, Pismo Beach
Darling home in 55+ community of Hacienda Del Pismo sits on a corner lot adjacent to the the club house, swimming pool and hot tub. Double wide modular has a covered car port that can accommodate 2 vehicles and an attached shed wired for electrical. Step up onto the covered front porch and enter the sunny living room outlined with picture windows.
Favored open-concept floorplan has high vaulted ceilings, modern fixtures and ceiling fans throughout. Enjoy a bite by the Bay Window in the sizeable kitchen, casually dine at the breakfast counter or host a meal in the open Dining Area. The kitchen features laminate wood flooring, airy skylights, granite counter tops, a double basin sink and a standing pantry.
The Master Bedroom has a walk-in closet and attached Ensuite. The Ensuite has 2 individual sinks, slide-open shower and separate tub to soak and relax in. Second bedroom has a sliding door that leads to the covered back deck bordered withd ...
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Tuesday, January 19, 2021 / by Traci Pimentel
If houses could smile, this single story San Luis Obispo home truly shines! Inviting double door entry has Spanish-influence saltillo tile flooring. The spacious Living Room has a modern fireplace, high vaulted ceilings and lots of natural light radiating from the large windows and sliding glass door. Newer laminate wood flooring flows throughout the main living area and bedrooms.
The warm kitchen has plenty of room for more than one cook to maneuver while family and friends gather at the breakfast counter and family style dining area.
Must-have walk-in-closets in 2 of the 3 main bedrooms plus 2 mirrored closets in the Master Suite. The Master Bathroom has dual sinks and a sensible step-in shower. The Master Suite opens to a cozy outdoor courtyard, which can also be accessed from the kitchen and attached 2 car garage.
Cheery home has newer interior paint and drought tolerant landscaping in both the front and backyard. Catch a peek-a-boo view of one of the ancient 9 Sisterd ...
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