Top 5 Real Estate Mistakes to Avoid in San Luis Obispo County for 2010
1. "Over Pricing Your Property:" Always be sure to look at my local area statistics so you can stay on top of what's happening in your area of the Central Coast.
Click to View my "Local SLO County Home Sales Statistics."
2. "Not Looking for Good Deals:" I have access to virtually all bank-owned homes (REOs) on the Central Coast. Call me and I'll put an REO specific property search together for you!
Or, Click to Search the Central Coast MLS for Homes and Land.
3. "Purchasing a Cheap Foreclosure:" While foreclosures can offer homebuyers big discounts, these homes sometimes come with a great deal of deferred maintenance in the form of repairs requiring thousands to correct.
4. "Not Using the Government's Home-buying Tax Credits:" Specifically, $6,500 for "move-up" buyers and $8,000 for first-time buyers.
5. "Avoid Short Sales:" Don't get involved with these unless there's only one recorded trust deed. If price really matters, concentrate on REOs (bank-owned homes); this is where the real bargains are in today's market.
Click to View my Article: "REOs vs. Short Sales, which is best?
Click for a Free/No Obligation Market Analysis of your SLO County home
Click to Visit My Website at SLOhomes4sale.com
Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
SLO COUNTY HOME PRICES
SLO COUNTY HOME VALUES
SLO COUNTY HOMES FOR SALE
SLO COUNTY HOME SEARCH
SLO COUNTY HOMES
SLO COUNTY MARKET ANALYSIS
SLO COUNTY CONDOS FOR SALE
SLO COUNTY REAL ESTATE FOR SALE
SLO COUNTY REALTORS
Posted at 02:52PM Jan 15, 2010 by Paul Pickering in Real Estate | Comments[0]
SLO County Home Sales: 2009 vs. 2008
2009 was a very challenging one for the Central Coast of California--especially as it applies to the number of foreclosures that dominated the market place.
In that regard, the total number of homes sold for specific areas of San Luis Obispo County for 2009 was 2,711.* Last year's total this time was 2,689; in comparison, market volume was up by one percent over 2008 but prices were down from the previous year by approximately 20 percent: the average price of a home for 2009 was $479,000; while ‘08's average price was $608,000.
The average number of days homes spent on the market for 2009 was 99. 2008's average was 110. The average list-to-sales-price ratio for 2009 was 95 percent. 2008's average-list-to-sale-price ratio was 94 percent. The average inventory of unsold homes for 2009 was 6.57 months. 2008's average was 7.37.
*Click to View my 2009 Year-end Home Sales Totals for SLO County
Click for a Free/No Obligation Market Analysis of your SLO County home
Click to Visit My Website at SLOhomes4sale.com
"Mr. Statistics" Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
SLO COUNTY HOME PRICES
SLO COUNTY HOME VALUES
SLO COUNTY HOMES FOR SALE
SLO COUNTY HOME SEARCH
SLO COUNTY HOMES
SLO COUNTY ANALYSIS
SLO COUNTY CONDOS FOR SALE
SLO COUNTY REAL ESTATE FOR SALE
SLO COUNTY REALTORS
Posted at 02:50PM Jan 15, 2010 by Paul Pickering in Real Estate | Comments[0]
