Wednesday, August 28, 2024 / by Dick Keenan
In the past few years, many people have found it challenging to buy a home due to affordability issues. While it's still tough out there, there are signs that things might be getting a bit easier, with potential for further improvement as the year progresses. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), puts it this way:
“Housing affordability is improving ever so modestly, but it is moving in the right direction.”
Let's take a closer look at the three key factors that influence home affordability: mortgage rates, home prices, and wages.
1. Mortgage Rates
Mortgage rates have been quite volatile this year, fluctuating between the mid-6% to low 7% range. However, there's some positive news. Data from Freddie Mac shows that since May, rates have generally been on a downward trend.
This improvement in mortgage rates is partly due to recent economic, employment, and inflation data. While we can expect some ongoing fluctuations, expe. ...
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Friday, June 21, 2024 / by Dick Keenan
Thinking about selling your home on your own as a "For Sale by Owner" (FSBO)? It might seem like a good idea at first, but handling the sale yourself can quickly become a stressful and complex task. Without the expertise of a professional, you're more prone to making mistakes that could cost you time and money.
According to a report from the National Association of Realtors (NAR), the two main challenges FSBO sellers face are setting the right price and managing the paperwork.
Here are some ways a real estate agent can simplify these tasks for you.
Pricing Your Home Correctly
Setting the correct price for your home is crucial. When selling on your own, you risk either overpricing or underpricing your property. Overpricing can scare away potential buyers, while underpricing might mean losing out on significant money. NerdWallet highlights the importance of first impressions when pricing your home:
“When selling a home, first impressions matter. Your house&rs ...
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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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Friday, February 26, 2021 / by Traci Pimentel
Find out more information about this property: https://www.allcentralcoastcahomes.com/homes/ca/pismo-beach/crmlsresadpi21037021365215859/458-bello-st-pismo-beach-ca-93449
Call The Keenan Carter Group: (805) 773-7711
DRE# 00860187
Keller Williams Realty Central Coast DRE# 02005105
Each Office Is Independently Owned and Operated
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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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