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

Wednesday, January 27, 2021   /   by Monique 'Moey' Nichols

MARKET UPDATE: Home Prices, Home Sales and Interest Rates, OH MY!

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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Wednesday, September 30, 2020   /   by Monique 'Moey' Nichols

San Luis Obispo County Market Update 9/30/2020

This past week, San Luis Obispo County saw a slight uptick in both closed transactions & new listings.
Pending & Active Under Contract Properties are practically equal to last week’s opened escrows.
Mortgage rates fluctuated a few times just today, however continue to remain around 2.75%.
In comparison to end of summer/beginning fall last year - we’re at half the available inventory.
Access the value of YOUR home with relevant neighborhood comparisons: https://www.allcentralcoastcahomes.com/homevalue/default
The Keenan Carter Group DRE# 00860187
Keller Williams Realty Central Coast DRE# 02005015
Each Office is Independently Owned and Operated. ...

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Wednesday, July 29, 2020   /   by Monique 'Moey' Nichols

MID YEAR REAL ESTATE MARKET UPDATE: CHARTS & GRAPHS

Mid Year Market Update
2020 has most certainly been one for the books!
Covid-19, Protests, Riots, Kobe Bryant, No Olympics, Distance Learning,
Social Distancing, Murder Hornets, Locusts, SpaceX, Australia Burning,
Royals Leaving Royalty, Zoom, and let's not forget, Tiger King.
We've made it past the half-way marker!
Although this year has brought many challenges, these defining moments
have been shaping our economy in a very surprising way.
With many businesses forced to shut down, unemployment rates
sky-rocketed in the initial phase of sheltering at home.
Many were worried they wouldn't be able to pay their mortgages
and would need to rely on a forbearance program.
We have made a surprising rebound, and the Real Estate industry
is leading the pack! For the first time since March of this year,
Home Sales have actually surpassed pre-Covid numbers week over week since May. Here's a look at the past weeks numbers for San Luis Obispo County, informational stats from CAR's J ...

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Thursday, March 5, 2020   /   by Monique 'Moey' Nichols

What Happens During A Home Inspection

Ever wonder what a home inspector is doing in the 2+ hours while they're at the property you're selling or purchasing? Curious to know the top 6 things they look at for their report? All these areas can affect the negotiation of a sales contract. It's important to be informed so you can prepare for possible repairs and unforeseen expenses.

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Wednesday, February 26, 2020   /   by Monique 'Moey' Nichols

Why You Should Use A Local Home Inspector

You definitely want to use a home inspector in the area you are buying or selling property. They will be most informed of county retrofit requirements and other local ordinances that may effect what needs to be fixed or replaced in a home or property.

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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 20, 2021. 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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