Market Update

Jan. 8, 2021

How Can I Capitalize on Market Conditions?

The new year is finally here. As we begin 2021, I’m excited to share the latest market stats, my predictions for 2021, and how to capitalize on what’s going on right now in our real estate market.

At the end of 2020, we had 49% fewer homes on the market ...

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Dec. 30, 2020

Here’s what every property owner in California should know about Proposition 19

I recently had the pleasure of meeting with County Assessor Tom Bordonaro to discuss some important changes to state property tax law that will take effect in early 2021. For those of you who don’t know, the newly passed Proposition 19 increases the portability of tax bases among senior homeowners ...

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Dec. 4, 2020

Is It Possible for the Market to Be Any Better?

What’s the latest news from our San Luis Obispo real estate market as 2020 draws to a close?

Before I answer that question, I want to say that with everything that’s happened this year, a lot of people are probably ready to close the door on 2020 and hope for ...

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Nov. 12, 2020

Market Update Comparing Octobers 2019 and 2020

As we take a look at our most recent statistics, they’re very similar to what we’ve been seeing lately. Our inventory has decreased by about 50% from a year ago, and generally, October through December are lower inventory times anyway, so the season will exacerbate our inventory issue. However, pending ...

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Oct. 8, 2020

What Do the September Stats Say About Our Market?

As we move through October, what do the latest numbers say about our San Luis Obispo real estate market? Is there anything that can cause our market to shift moving forward?

I know I sound like a broken record, but I once more have to report that inventory is down ...

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Sept. 10, 2020

How Can You Take Advantage of This Strong Market?

Thanks to your support, we are on our track to have our best year ever in this confusing 2020. A lot of that has to do with your referrals, and a lot of it has to do with the marketplace. This leads me to our market update today.

A lot ...

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Aug. 17, 2020

Where’s the Market As We Enter the Back Half of 2020?

There’s no denying that our market is red hot. This month, we find our inventory down roughly 38% year over year. Last month it was down 30%, so we’re witnessing a definite tightening of the market, which I’ve already touched on in previous videos.

Meanwhile, our sales are up 16 ...

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July 21, 2020

What Should You Know About Our Midsummer Market?

What’s the latest news from our San Luis Obispo market as we make our way through July?

Before I get into that, I first want to say thank you to all of our great clients for all of your referrals and five-star online reviews of our team. We have so ...

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July 8, 2020

A July Real Estate Market Update for You

It’s time for our July market update. What a crazy time it is at the halfway point of the year. Today I’m going to cover what’s happening in the market right now, where people are moving, and a solution for frustrated homebuyers.

In the San Luis Obispo real estate market ...

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June 22, 2020

What’s New in Our Market?

What’s happening in our mid-June real estate market? Things have been changing rapidly, so we want to keep you updated.

Compared to June 2019, we have 27% fewer homes on the market, which is good for keeping prices stable. Our pending sales are on track to reach 310 by the ...

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