It has been a big month for Homes for Heroes sales. We had two clients sell their homes and purchase a new home with us.
The first client was an assistant principal who saved $2,024.25 when she sold her condo and will be getting a rebate check for $2,887.50 for the purchase of her new home! This client also used a local Homes for Heroes Lender adding an additional $500 to their savings!
The second client was a double hero who is a Veteran and a sub contractor for Cal Fire during fire season. They saved $4,281.25 when they sold their home and will be getting a rebate check for $5,950!!
Congratulations to both clients and I hope they help spread the word about how easy the program was to use!
Those who qualify to use the Homes for Heroes Program: Veterans, Military, Medical Professionals (nurses, doctors, medical billing), Educators, EMS, Law Enforcement, Fire Fighters. Homes for Heroes is a nation wide program Click here for more information
This assistant principal just saved $2,024.25 just by selling their condo with a Homes for Heroes Realtor! They will be saving more by using a Homes for Heroes realtor and lender to buy their replacement house closing in a few weeks!
The industries who qualify for the homes for heroes program are: medical, law enforcement, fire fighter, EMS, teacher, military and veterans! Click here for more information on the Homes for Heroes program!
Join Will Barnaby with Central Coast Lending (BRE#01809075) and Alicia DiGrazia (BRE#01427039) with REMAX Parkside Real Estate Saturday morning on Mortgage Matters from on am 920 KVEC. In the 10′ o’clock hour we will be talking about the Homes for Heroes program, how it can benefit you. Tune in or, even better, call in!
Congratulations to Justin and Emily on the purchase of their first house! I am so excited for their new adventure! Since Emily is a teacher, they earned a $2,443 rebate from Homes for Heroes!
Remember, Teachers, Veterans, Military, Medical Professionals (Doctor, nurse, medical office), Law Enforcement, EMS and Fire Fighters all qualify for the Homes For Heroes Program.
This is a snapshot of the North County Real Estate Market through the first three quarters of 2016.
In town residential single family home sales were even in volume with 2015 and prices rose 5% to an average sale price of $396,000. Homes on an acre or more were also even in volume with 2015 and the average sale price of $653,000 reflected a similar 5% increase over the comparable 2015 period. Homes for sale dropped 7% as inventory continues to shrink.
Million dollar home sales increased a bit over 2015 and average sale pricing actually increased 4% year over year. Million dollar homes for sale increased 24% in 2016 over 2015. This market has been selective and less robust throughout the recovery. Demand has been consistent but supply is way ahead of absorption.
Vineyards and homes with vineyards are finally seeing some consistent action. The water ordinance has stopped all Eastside planting. Slowly growers and investors are realizing that the only way to be in the Grape Business is to buy existing vineyards. Most grape varietals are firm in pricing which is an added bonus. Buyers of Vineyards today are protected from an increase in supply by the ordinance.
Commercial properties are in the best position since 2008. Vacancies still exist but there is a lot more actual user activity at this time. Tourism is super strong and growing. Apartments are in demand by tenants and investors. Financing is still a challenge across the board.
Home prices may be entering a plateau phase. There is an inverse relationship between interest rates and asset prices such as homes. It seems that interest rates have found a bottom and in fact expectations seem to be in minor rate increases. Residential rates seem to have stabilized.
North County has risen to the challenge of competing in a no growth economy. Our city government works. The wine industry has created an industry of scale that attracts high quality consistent tourism dollars. Every weekend it seems we are Party Fresh. Perhaps our greatest asset is the community spirit inherent in our citizens. We have a healthy respect for our past and generous attention to our future. Who has it better than we do? Nobody!
5715 Santa Cruz Road, Space 7 is a 2005 manufactured home with 2 bedrooms (the second bedroom is very small and would make a nice office or nursery), one bathroom. The seller has recently installed wood laminate flooring. Newer washer, dryer and refrigerator are included! With easy access to Hwy 101 one can quickly be in San Luis Obispo, Paso Robles or on the Coast! Space rent for new owner $595/month.
Open house will be hosted by Cynthia Canet. If you can’t make it during the open house, but would like to see the house, please feel free to call Cynthia at 805-296-7725!
Breathtaking views from this hilltop estate in Templeton! Took some time to preview a few available homes in West Templeton this morning. Here is a taste of what I saw!
By using a homes for heroes realtor, the potential rebate on the property $11,500! (Rebates are calculated as .7% of the purchase price). Call, message, email or text for details!