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California | The Keenan Carter Group, Keller Williams Realty CC Blog

Thursday, October 15, 2020   /   by Monique 'Moey' Nichols

Grover Beach Home: Just Listed: 1061 Margarita Ave.

Positioned at the end of a private drive, this darling Grover Beach abode is nestled amongst an Oak tree grove. Upon entry, step down into the formal Living Room, which has high vaulted ceilings, picture windows and an impressive floor to ceiling stone hearth fireplace. The cut-out wall to the Dining Room creates an open-feel floor plan. Flow from the Living Room and Dining Room to the spacious Family Room and Kitchen. Beautifully remodeled kitchen has a breakfast bar, gorgeous granite counters, double oven, wood flooring and cabinets galore!


Enjoy the wooded scenery from every window in the home and soak up the outdoors on the wrap around deck. The upstairs Master Suite also boasts vaulted ceilings with a fan to keep cool on warm Coastal nights. The Master Bathroom has a separate soaking tub with tranquil views, large step-in shower, & dual sinks. Additional roomy bedrooms are also located on the second story. This serene setting is fabulously located near easy freeway acce ...

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  real estate, keenan carter group, keller williams, central coast, home buyer, san luis obispo county, house for sale, pismo beach, grover beach, grover beach homes for sale, pismo beach homes for sale, beach properties for sale, central coast california homes for sale

Thursday, October 8, 2020   /   by Monique 'Moey' Nichols

Buyers Are Finding More Space in the Luxury Home Market

A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market.
The Institute for Luxury Home Marketing (ILHM) explains:

“With quarantine concerns still top of mind for many luxury buyers, we see large, sprawling estates making their comeback.
For instance, the last six months have seen a resurgence in the buying of mega mansions and estate-size homes – specifically properties that offer space (both inside and outside), separate home offices, gyms, and private amenities such as swimming pools, yoga studios, and recreation rooms.”

This was not the case at this time last year, as the most recent Luxury Market Report fro ...

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  real estate, keenan carter group, keller williams, central coast, home buyer, san luis obispo county, california living, housing affordability, buyer's agent, cost of housing in california, low interest rates, mortgage rates, move up buyers, luxury home, designer home, luxury market, afford more home

Tuesday, September 29, 2020   /   by Monique 'Moey' Nichols

Where Are Home Values Headed Over the Next 12 Months?

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate?
Original forecasts modeled this uncertainty, and they ranged anywhere from home values gaining 3% (Zelman & Associates) to home values depreciating by more than 6% (CoreLogic).
However, as the year unfolded, it became clear that there would be little negative impact on the housing market. As Mark Fleming, Chief Economist at First American, recently revealed:

“The only major industry to display immunity to the economic impacts of the coronavirus is the housing market.”

Have prices continued to appreciate so far this year?
Last week, the Federal Housing Finance Agency (FHFA) released ...

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  real estate, keenan carter group, keller williams, central coast, home buyer, san luis obispo county, realtor, home owner, selling a home, california living, time to sell your home, real estate during covid 19, cost of housing in california, housing affordability, mortgage rates, real estate market, cost of living, housing market update, housing projections, home sales projections, real estate projections

Thursday, September 24, 2020   /   by Monique 'Moey' Nichols

Home Equity Give Sellers Options in Today’s Market

Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and it continues to grow throughout the year, giving sellers powerful options in this market.
According to the just-released Q2 Homeowner Equity Insights Report by CoreLogic:

“U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of nearly $620 billion since the second quarter of 2019, an increase of 6.6%, year over year.” 

Dr. Frank Nothaft, Chief Economist for CoreLogic, attributes much of the equity growth to rising home prices:

“The CoreLogic Home Price Index registered a 4.3% annual rise in prices through June, which supported an increase in home ...

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  real estate, keenan carter group, keller williams, central coast, home ownership, san luis obispo county, california, home owner, selling a home, time to sell your home, equity, for sellers, home equity, refinance your home, cash out equity

Tuesday, September 22, 2020   /   by Monique 'Moey' Nichols

The Cost Of The Home Is Far More Important Than The Price

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:

“Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.”

Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases. That’s exactly what’s happening in the real estate market right now. CoreLogic’s latest Home Price Index reports that values have increased by 5.5% over the last year.
This is great news if you’re planning to sell your house; on the other hand, as either a first-time or repeat buyer, this may instead seem like troubling news. However, purchasers should realize that the price of a house is not as important as the cost. Let’s break it down.
There are ...

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  real estate, keenan carter group, keller williams, central coast, home buyer, home purchase, home ownership, new home, first time home buyer, affordability, mortgage, buying during a pandemic, cost of housing in california, housing affordability, mortgage rates, cost of living, move up buyers, pricing

The Keenan Carter Group
Richard Keenan And Narlene Carter Keenan
350 James Way, Ste 130
Pismo Beach, CA 93449
805-773-7711
Keller Williams Realty Central Coast DRE# 02005015
The Keenan Carter Group DRE# 00860187
Each Office is Independently Owned and Operated.

Based on information from California Regional Multiple Listing Service, Inc. as of October 29, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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