Wednesday, April 14, 2021 / by Monique 'Moey' Nichols
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes.
Do Americans believe a home is a better investment than stocks?
In a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York notes that 93.3% of Americans believe buying a home is definitely or probably a better investment than buying stocks.
Here’s how the results break down:The survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer):
The data show how strongly Americans believe in homeownership as an investment. That belief is warranted. The Liberty Street Economics blog put it best by saying:
Wednesday, February 24, 2021 / by Monique 'Moey' Nichols
Weekly San Luis Obispo County Numbers are in, as well as the California Association of Realtors January 2021 Report and First American Title Company's Central Coast January 2021 Recap.
Tight inventory is making 2021 a great year to list a home! It's important to remember that the housing market today is not the same as the housing market during the 'Bubble Years'. Lower mortgage rates and rising incomes correspond with higher house prices, strong demand and low inventory.
Winter months tend to show slowing in the Real Estate industry year over year. Mortgage rates are beginning to inch up, however the FEDs have indicated they don't intend to raise the National rate anytime soon. For buyers, NOW is the time to take advantage of these historical low rates while they last!
Despite possible improvement on the supply side of the market as we approach the Spring Selling Season, upward pressure on prices are continuing to build up. With current inve ...
Tuesday, January 19, 2021 / by Monique 'Moey' Nichols
579 Victorian Court, Arroyo Grande, CA 93420
Cute as a button Cape Cod style home is picture perfect! The meticulously manicured front yard is outlined by a white picket fence and stamped concrete accents. The beautifully detailed covered front porch invites you in to an open-concept main living space floor plan. Tile flooring throughout the downstairs level makes sweeping up after a day at the beach a breeze.
Let the Central Coast sunshine in through the large plantation shutter windows and cozy by the fireplace at night. Show off your culinary skills in the wide open kitchen with cabinets for all your cooking essentials and counter space-a-plenty. Breakfast bar, butcher-block-island and large pantry a plus!
French doors in Family-style Dining Room open to a low maintenance decked backyard. A perfect outdoor retreat to enjoy BBQing, entertaining and unwinding in the hot tub.
Both bedrooms are located on the second story with a massive bonus loft. Great area for a game rd ...
Thursday, January 7, 2021 / by Monique 'Moey' Nichols
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.
When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.
1. Price Your Home Right
When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Don’t forget that the buyer’s bank will send an appraiser to determine the fair value for your house. The bank will not lend more than what the house is worth, so be aware that you mig ...
Tuesday, January 5, 2021 / by Monique 'Moey' Nichols
What does FSBO mean?
FSBO is an acronym in Real Estate meaning 'For Sale By Owner'. Bruce Carson of the Keenan Carter Group breaks down why you absolutely do NOT want to FSBO in 2021, (or any other time, really).
2020 brought about a lot of changes in our society that have carried over in 2021. When selling your home, now more than ever, it's important to rely on a Real Estate professional to navigate the new laws, policies, contracts and to ensure the safety of everyone in your home.
We're here to answer any of your questions: (805) 773-7711.
The Keenan Carter Group DRE# 00860187
Keller Williams Realty Central Coast DRE# 02005015
Each Office is Independently Owned and Operated.