You’ll find my blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. I love the Central Coast community and want to help you find your place in it. Please reach out if you have any questions at all. I’d love to talk with you!

Dec. 6, 2018

6 Open House Tips for Buyers

open house, tips for open house, attending an open house, 6 open house tips for buyers, buying a home, first time home buyer tips


Visiting an open house is a great way to start your home buying journey. It allows you to learn the neighborhoods and make decisions about what kind of home you’d like to buy. But with countless open houses every weekend, it’s important to be strategic about your visits. So whether you think you’ll be buying a home in the next few months or later in 2019, here are a few tips to help you make the most out of an open house:



Don’t Be Shy


Don’t be afraid to ask questions! Feel free to ask the agent about the neighborhood, the surrounding schools, or if there are any special assessments or other fees associated with the property. Be aware that the agent at the open house could just be filling in for the actual agent, and could possibly not know much about the listing property. This is very common and nothing to worry about! Just make sure to get the listing agent’s information so you can follow up with them.




Ask About the Photo Policy


Always ask before you start snapping pictures and taking video. Remember that the home could still be someone’s residence and they may not want pictures taken. If you are allowed to take photos though, go for it! This is a great way to help you remember the details about the home, especially when you’re on your sixth open house on a busy Saturday. If you’re not allowed to take pictures, make sure you jot down some notes about the things you liked and didn’t like about the home. Your notes and photos will help you understand what you are really looking for in your future home. 



Check Out the Neighborhood


Before or after visiting the open house, take a stroll around the neighborhood. You might be surprised, pleasantly or otherwise, about your surroundings. You might also want to drive a larger radius around the home to see where the nearest grocery store, gas station, park, and more are located in reference to the home. If you’re really interested in the home, be sure to come back after dark – neighborhoods can change a lot after the sun goes down!



Test the Windows and Doors


Sticking doors and windows can be a sign that there is a problem with the foundation. By paying attention to these features during the open house you’ll be doing some preemptive checking on the condition of the home. But don’t write a home off if you notice a door sticks slightly, as this can also be due to humidity and recent rainfall. Other warning signs to look out for are gaps around window frames or sagging, uneven flooring. If you end up moving forward with the home, be sure to use a home inspector who has a reputation for being thorough. 



Use Your Time Wisely


If you’re planning to use an hour of your time on a Saturday to go to an open house, try to see a few more. Look for several open houses happening in the same neighborhood and visit them all. Next weekend, you can do the same in a different area. This will help you maximize your time and allow you to begin to notice those small differences that set similar homes apart. 



Pay Attention to Other Buyers


You never know what other buyers may know or notice about the home that you haven’t. Pay attention to what other buyers are looking at, talking about, or asking the real estate agent at the open house. Or you can make conversation with them yourself! 



Please don’t hesitate to contact me if you have any questions at all about the home buying process. I would be more than happy to help. And when the time comes that you’re ready to have a Realtor represent you in your purchase, I would love to have the chance to earn your business!

Nov. 30, 2018

Central Coast Holiday Events 2018

The Holidays are here! And as if living in the Central Coast isn’t amazing enough, there are countless holiday festivities that really bring this season to life. Here are some of my favorites: 



Cambria Christmas Market

Where: Cambria

November 23rd - December 23rd

Enter a winter wonderland and find yourself immersed in a world of twinkling lights, music and merriment throughout the holiday season. Shop in the vendor market, take photos with Santa, enjoy live music, taste traditional German foods, sip warm glühwein and more at this charming outdoor festival. 



Where: Morro Bay

November 30th- December 12th


Winterfest is back for the second year! This is one of my favorite holiday events in Morro Bay. Come and enjoy 12 days of fun at the second annual Winterfest in Morro Bay! Find lighted boats, lighted trees, Santa's House open daily, a Santa Crawl for 21 and over, tall ships in the harbor and real snow for the kids


Santa House

Where: San Luis Obispo

November 24th-December 24th


Come visit Santa in Mission Plaza at Santa’s House from November 24 through December 24! Children who visit Santa receive a complimentary activity book, toy, and candy cane. Pictures are also available for purchase.


Holidays at the Apple Farm

Where: San Luis Obispo

November 24th-December 25th


Celebrate the merriest season in San Luis Obispo at the Apple Farm. Events include photos and visits with Santa, holiday music at the restaurant, seasonal menus, and more.


A Christmas Story

Where: San Luis Obispo

November 30th- December 23rd 

Sold out for four years in a row and back by popular demand, the San Luis Obispo Repertory Theatre is proud to present the family holiday classic, A Christmas Story. Reoccurring on Sunday, Wednesday, Thursday, Friday, and Saturday.


52nd Annual South County Holiday Parade

Where: Grover Beach

December 1st


This family friendly Holiday Parade begins at 16th Street, travels west down West Grand Avenue to 9th Street and finishes at the Ramona Garden Park Center. This is the only daytime parade in South San Luis Obispo County! Bring the entire family and celebrate the holidays in Grover Beach.


Holiday Harmony

Where: Pismo Beach

December 7th


This event is FREE to the public and the evening will include fresh snow, bounce houses, crafts, music, and cookie decorating. The Tree Lighting ceremony will take place at 6:00 PM. In addition, kids will have the chance to visit and take a picture with Santa!


Winter Wonderland

Where: Atascadero

December 7th


A winter paradise indeed for all ages! Massive snow slide, snow play areas, rock climbing wall, bounce houses, Joe’s Little Train, Santa and Mrs. Claus and over 50 food and craft vendors await you! Have fun and get some shopping in all in one evening.


Handmade Holiday Market

Where: Avila Beach

December 8th


The Avila Beach Golf Resort Holiday market has the craftiest local vendors, tastiest food trucks and live music by Noah Colton. Admission is FREE, but feel free to bring a canned food donation for the SLO Food Bank, or an unopened toy to donate to Toys for Tots.


Vine Street Christmas Victorian Showcase

Where: Paso Robles

December 8th


Enjoy the sights and sounds of Christmas along Vine Street from 8th to 21st Streets as the neighbors feature entertainment in their yards, refreshments, music, Santa and much more.>


Away in a Manger

Where: Los Osos

December 8th


Enjoy the Christmas Season by viewing over 250 Nativities from all over the world. The Nativities are beautiful and quite a site to see! Refreshments are available, admission is free, and live music will also take place at Away in a Manger    


Holiday Magic at the Charles Paddock Zoo

Where: Atascadero

December 15th


Santa is visiting the animals at the Charles Paddock Zoo to deliver special gifts to our animal friends on Saturday, December 15th.


Watercolor Pop-up at Biddle Ranch

Where: San Luis Obispo

December 18th


Join Biddle Ranch for a beginning watercolor workshop where you learn how to paint a beautiful holiday wreath! The ticket fee includes professional artboards that are ready to display, paper to use during the workshop, instruction from the resident artist, and a glass of wine!


 Whether it’s your first year on the Central Coast or you've lived here for years, we are certainly lucky to live here!



Posted in Community Events
Nov. 5, 2018

Buying Your First Home: How to Prepare for What’s Ahead

Buying a home is a huge commitment- and not just financially! Your home is where you’re going to spending the majority of your time for (at least) the next several years and it’s also where you’re going to celebrate life’s big moments with your family. So before you take the leap into home ownership, you’ll want to make sure you’re ready. Check out these tips I’ve prepared for first-time home buyers like yourself:



Watch Your Credit Score


Be sure to protect your credit score in the months leading up to your home purchase! Changing jobs, a gap in your work history, or a decrease in salary can all affect your home loan approval.


You’ll also want to raise your credit score, if you can. Check for any inaccuracies in the report and work to get them removed. The higher your credit score, the better your interest rate will be. And if you’re a strong borrower, you may be able to qualify for special programs available through your lender.  


Save, Save, Save!


It’s never too early to start saving! By tucking money away early on, that down payment won’t seem so insurmountable when you decide you’re ready to buy your first home. Calculate your salary and expenses and then set aside part of your discretionary income each month.


Besides the down payment, you should also have money set aside to pay your closing costs, moving costs, and any upfront repairs or updates the home may need after you move in. And you’ll still want to have money left over in your emergency fund! With all the potential costs involved in buying your first home, it pays to start saving early! 


Make a Wish List


As a first-time home buyer, it’s important to be clear on what you’re looking for. Make a list of all your wants and needs before you ever set foot in an open house. You’ll want to make sure the list reflects what’s truly important for your family to have in a home and what things you could live without. Only then are you ready to start attending open houses.


And be sure to reevaluate your list often to see if you should remove or add anything new. You might be surprised how your wish list changes after viewing a few homes!


Find the Right Realtor


Finding the right Realtor is one of the most important parts of the home buying process. Be sure to choose an agent you feel comfortable with. After all, this is a major milestone for you and your family – you want to feel good about the person representing you!


I recently wrote a blog post with a few things you should keep in mind when hiring a Realtor. Click here to check it out. And if you’re looking to buy a home in San Luis Obispo, Arroyo Grande, or elsewhere on the Central Coast, I would love to work with you! Please contact me so I can learn more about you and what you’re looking for.


Keep Resale in Mind


When looking at homes, don’t forget that you may one day need to sell this home. Just because you don’t mind the busy road behind the house, doesn’t mean the majority of buyers will feel that way. Always keep the current value of the home in mind and be on the look out for those features that will help maintain or increase the home’s value over time - especially those things you can’t change like the school district and the view.



I hope these tips help you on the road to your first home purchase. Again, if you’re looking to buy on the California Central Coast, don’t hesitate to reach out! It would be a pleasure to speak with you about where you are in the process and what you’re looking for. Give me a call at (805) 441-1276. 

Posted in Buying a Home
Oct. 25, 2018

Should I Move or Remodel My Home?

Selling your home isn’t always the right decision for yourself and your family. Sometimes it may make more sense just to remodel. To help you decide, ask yourself the following questions:



What Needs to Be Done?


Take a real, hard look at what needs to be updated or changed. It’s important to be honest with yourself about what you’re getting yourself into before you begin any projects. Be realistic if the work is something you can handle yourself or if you’ll need to hire somebody to complete all or part of the project. Some work will need to be done by a licensed contractor and some work you just might not have the skills to complete. Either way, you need to make some decisions in order to accurately estimate your costs. 


What’s My Budget?


When deciding whether to sell or renovate, a major factor in the decision is your budget. It’s important to set a budget for the project that you’d be comfortable paying and then gather estimates from a few different professionals. If the renovations you wish to make are too costly, you might be better off selling and purchasing another home that better fits your needs.


What Will Be My ROI?


Before you renovate, you should consider if the changes you want to make are likely to increase your home’s value. While the functionality and livability of your home are certainly important if you plan to keep living in it, you do want to consider what the changes will do to your home’s value. Of course, anything that will devalue your home should be avoided. But if your project is not likely to bring you a return when you go to sell, you may want to reconsider.


Do I Need More Space?


Most of the time, if space is an issue, it’s usually more cost-effective to sell. But not always. If your family is still growing, you need to add another room, and you have the space for it, consult with a licensed contractor to get an estimate of the cost. If you need a referral for a local professional, just let me know!  


Are There Things I Don’t Like About My Home That I Can’t Change?


Sometimes a home renovation is just not the answer. If your renovation wish list is masking more serious complaints about things you really can’t change like your home’s location, the length of your commute, your view (or lack thereof), your neighbors, or your child’s school district, then you should list your home.    


How Long Will the Renovations Take?


Time is also an important factor to consider. Most projects can take up to six months to complete, but you should also be prepared for the project to take longer than expected. Also, keep in mind that you’ll likely be living in your home during the remodel. If you have a long list of changes you’d like to make, you may end up living in a construction zone for months – or even years. If that’s the case, you need to think long and hard if you and your family are okay with that. Sometimes it makes financial sense to remodel on paper, but the time cost and aggravation just aren’t worth it.



Whatever you choose to do, be sure you’re making the right financial decision for yourself and your family. If you’d like my advice, please give me a call at (805) 441-1276 – I’m here to help! 

Posted in Moving, Selling a Home
Oct. 14, 2018

A Look Back at Six Popular 2018 Home Design Trends

2018 was full of design trends that included subway tile, rose gold accents, and plenty of all-white interiors. With less than ninety days until year’s end, I’ve put together a complete list of the top home design trends from 2018!



Dare to Bare

Did you dare to bare the contents of your kitchen cabinets this year? Although open shelving may not be for everyone, when done well it yields impressive, Instagram-worthy results. Open shelving is a great way to showcase a collection of glassware or dishware while also helping to create the illusion of a larger, more open kitchen.  



Rose Gold Accents

Move over sterling silver! People continued to fall in love with rose gold this year, incorporating it into their homes in the form of appliances in the kitchens, hardware in the bathrooms, and whole-house décor! While some may be over this bright and trendy metal, there’s no denying that rose gold was one of the hottest home décor trends in 2018.



Plenty of Plants

It seemed that everyone gained a green thumb this year. While having houseplants is not a new trend, it did seem that plants were everywhere in 2018! From the easy-to-care for succulent to giant fiddle leaf fig trees, houseplants really had a moment this year.



Stylish Subway Tile

Subway tile continued to pop up in kitchens, bathrooms, and even laundry rooms this year! While many feel this trend is starting to lose its luster, a crisp while-tiled bathroom is always in style. It provides the perfect backdrop for beachy décor and is easy to care for. 



Millennial Pink

If you thought pink was everywhere this year, you weren’t wrong! A pretty, blush shade called Millennial Pink was having a moment. This color often popped up on walls, but for those who wanted to try out the trend without the time (and money) investment, there were and still are plenty of millennial pink home décor items available like pillows, throws, rugs, lamps, and even art.


All- White Interiors

All-white interiors are a trend that has been “in” for so long, it’s hard to remember when they were ever out! One reason for this trend’s enduring popularity could be that it allows you the opportunity to change décor accents like pillows or artwork frequently because the rest of the space functions like a blank canvas.



Which 2018 home design trend was your favorite? What would you like to see take center stage next year? Leave me a comment below!



Posted in Design Trends
Oct. 9, 2018

Central Coast Halloween Events 2018

October brings cooler weather, shorter days, and of course- Halloween! If you’re not sure what to do for Halloween this year, check out my complete list of events happening on the Central Coast. From friendly-family activities to creepy haunted houses, there is truly something for everybody.



Nightmare on Main St Haunted House

Where: 99 S Main St, Templeton, CA

When: Every weekend in October


Billed as the scariest Haunted House on the Central House, this Halloween frightfest takes place inside an actual abandoned house in Templeton that is over 120 years old. All profits made from this haunted house go back to the community and over the last 8 years over $40,000 has been donated to local programs! For more information about the Nightmare on Main Street Haunted House, click here.



Zoo Boo

Where: Charles Paddock Zoo

When: October 27th from 5-8:30 pm


The Zoo Boo hosted at Charles Paddock Zoo offers Halloween fun for the whole family! The Zoo will have carnival games, a costume contest, a haunted house and of course lots of treats! Tickets are only $10 and children under 2 get in free! For more information, click here.



SLO Farmer’s Market & Trick-or-Treating

Where: Downtown SLO

When: October 26th from 5-8 pm


Enjoy an evening of trick-or-treating at local businesses in Downtown SLO! Maps and treat bags will be handed out at Union Bank at 995 Higuera St. There will also be a costume contest for children of all ages, as well as families, and pets! For more information, click here. 



Pumpkins in the Park

Where: Dinosaur Caves Park, Pismo Beach, CA

When: October 27th from 10- 1 pm


The Annual Pumpkins in the Park event in Pismo Beach is back! This family-friendly event is a great way to spend your Halloween. This year there will be pumpkins for decorating for the first 500 kids, costume contests, crafts, and a bounce house! For more information on Pumpkins in the Park, click here.



Trick-or-Treating in the Village

Where: The Village of Arroyo Grande

When: October 31st from 3- 5 pm


This family-friendly event is hosted in The Village of Arroyo Grande on Halloween Day, which is on a Wednesday this year. Kids can enjoy safe trick-or-treating at local merchant shops on East Branch St. while wearing their costumes! Click here for more information.



Cambria Scarecrow Festival

Where: Streets of Cambria, CA

When: October 1st- 31st


Now in it’s 9th year, the Annual Cambria Scarecrow Festival has grown into a community-wide event that showcases hundreds of scarecrows around Cambria. Spend a weekend afternoon this month enjoying this unique Halloween tradition that will keep the whole family entertained. Click here for more information.



Carved Pumpkin Contest

Where: Ramona Garden Park, Grover Beach, CA

When: October 26th from 5:30-7:30 pm


Come enjoy yourself at the Grover Beach Carved Pumpkin Contest! Bring your carved pumpkin to enter it for a chance to win prizes from local Grover Beach businesses. Plus, there will be trick-or-treating, carnival games, and snacks! For more information on the event, click here.



I hope you have the chance to check out some of these Halloween events! It’s a great excuse to get out and enjoy our wonderful Central Coast communities. Have a fun, safe, and spooky Halloween!

Oct. 2, 2018

3 Reasons to Sell Your Home This Fall

The temperate climate of the Central Coast means that real estate sells year-round. With no snow or icy roads to contend with, motivated home buyers will continue to search for homes in October, November, December, and beyond. So if you missed out on listing your home over the summer, here are three reasons why fall is a great time to put your Central Coast home on the market!



1. Buyers Are Still Looking
Not all buyers need to move while school’s out. Buyers that can be flexible and patient with their moving date know that they may be able to score a great home in the off-season - which keeps them out at open houses weekend after weekend looking for a home like yours! These buyers also tend to be more serious than some of the ones we see during the summer. Busier schedules during the school year tend to eliminate the casual browsers.
And, while homes are starting to stay on the market a bit longer, low inventory conditions still persists meaning that there are more buyers than homes to buy.


2. Less Competition
Like buyers, some sellers need to sell (and move) during the summer months. But sellers who list in the fall enjoy less competition from other sellers. This is especially important if you’re selling a home, condo, or townhome that is very similar to others in the area. Less competition means an increased chance of getting the price you want for your home.


3. Prices Are Still High and Interest Rates Are Still Low - But Change is On the Way
Homes prices are still up year over year and interest rates are still (relatively) low. But change is definitely on the way. Top experts are predicting that the market will shift to a buyer’s market nationwide by 2020. And we are already starting to feel some of those effects on the Central Coast (check out my last blog to see a current market report for the Central Coast or create your own here). So if you are serious about selling, don’t wait any longer! Markets sometimes shift quicker than you think.


Ready to list your home? Click here to learn more about my process for effectively listing a home to maximize your returns or call me at (805) 441-1276 to schedule a consultation!
Posted in Selling a Home
Sept. 20, 2018

Central Coast Summer 2018 Market Report

It was a great summer for real estate on the Central Coast! Here's a look at how our local market is performing: 

1) Home Prices Remain Strong

Home prices have continued to remain strong year over year. In most areas, the median sales price for homes, townhomes, and condos has increased significantly from August 2017.

2) Though the Market is Shifting

Experts are predicting that the real estate market nationwide could shift to a buyer's market by 2020. We are already starting to see the effects of that on the Central Coast with homes staying on the market a little bit longer. Properties in San Luis Obispo County now spend an average of 28 days on the market, which is up from just 19 days this spring!

3)  Interest Rates Are Up 

Interest rates continue to tick up. As of writing, the average 30-year fixed mortgage rate is 4.88%


As we move into fall, if you think you want to sell sooner rather than later, it's time to get serious! To get the most money for your home, you'll want to list your home while it's still a seller's market. 

If you’re curious about what your home is worth in today’s market, click here to get your free home value estimate!

You can also create your own free market report here. I will send you periodic updates by email about new listings, escrows, and sales in your area.

The data below is current as of September 13th, 2018. 


San Luis Obispo County

San Luis Obispo County has seen an increase of 7.6% in the median sales price for single family detached homes. This ups the average sales price to $615,000. Townhome prices have also increased to $419,000, which is up 4.8% from last year.



Arroyo Grande

Arroyo Grande has seen an increase of 3.5% in sales prices since last August. The median sales price is now $735,000 for a single family detached home. Condo prices have also risen. The average price of a condo is now $379,000, an increase of 5.6% from August 2017.



Avila Beach

Prices for Avila Beach homes have increased 5.9% since August of last year. The average sales price for a detached, single family home is now $1,100,000. The cost for a condo in Avila Beach has also increased from August 2017. The median sales price for a condo is now $839,900, which is up 21.7% from this time last year!



Cal-Poly Area


While Cal-Poly has seen a decrease in the cost of homes in recent months, the price of a detached single family home has increased year over year by 4.9%. Homes now sell for an average of $915,000. Prices for townhomes in the area have increased 2% from August 2017, making the median cost of a townhome $500,000. 



Grover Beach

The median sales price for homes in Grover Beach has increased by 3.2% since 2017. This makes the average detached home price $552,000. Condo prices in the area have increased as well. Condos now sell for an average price of $380,000. This is up 15.5% in the last 12 months!



Home prices in Nipomo have only increased 0.6% in the last 12 months! The median sales price for a detached home is now $633,000. The average price for a condo in Nipomo has increased 16.9% since August 2017. This brings the average price to $415,000.



Pismo Beach

 The median sales price of a detached single family home in Pismo Beach is now $898,000. This is a 7.6% decrease from August 2017! However, townhouse prices have increased in the last 12 months by 4.3%, bringing the median sales price to $665,000.



San Luis Obispo City


Home prices in the city of San Luis Obispo have increased by 10.5% in the last 12 months. This brings the average price of a home to $801,000. However, the average cost of a townhome has decreased by 2.3% since last year.. The median sale price of a townhome is now $481,000.




Posted in Market Updates
Sept. 13, 2018

The 2018 Guide to the Best Central Coast Farmers Markets

Farmers markets have a special place in my heart. Not only do you get great, fresh produce, but you’re supporting our local growers who love what they do!


If you’re not a regular attendee, check out this list of the Best Central Coast Farmers Markets to find one in your neighborhood. And these markets don’t just sell fruits and veggies- most have baked goods, crafts, flowers, and more!


Arroyo Grande Farmers Market

When: Wednesdays from 8:30-11 am

Where: 1464 East Grand Ave. (Arroyo Town and Country Square Shopping Center)


This farmers market hosts up to thirty-five local growers who sell a wide variety of fruits and vegetables, flowers, and even fish! This farmers market is super convenient as it's in the Smart and Final parking lot. Shoppers can easily get all their groceries for the week with just one stop!



Arroyo Grande Saturday Afternoon Farmers Market

When: Saturdays from 12-2:30 pm

Where: Olohan Alley in the Village


Located right at the footbridge in downtown Arroyo Grande, this is a great weekend market that serves the freshest and tastiest produce. Local artists are also on-hand to sell their wares and there is often live music to enjoy.






Avila Beach Farmers Market

When: Fridays from 4-8 pm

Where: 410 Front Street Avila Beach, CA (Avila Beach Promenade)


This is one farmers market you don’t want to miss! Each week, the Avila Beach Farmers Market has fresh produce for sale, local food booths, live music and dancing, food demos, and wine tasting! Plus, there are free trolley rides to and from the market within Avila Beach. This market sits on the coast so you can enjoy amazing views while sipping and shopping from local vendors.




Los Osos/ Baywood Park Farmers Market

When: Mondays from 2- 5 pm

Where: 2nd and Santa Maria Streets


The Los Osos/ Baywood Park Farmers Market is one of a kind. Find fresh fruits, vegetables, meats, fresh eggs, and even warm prepared meals ready to enjoy! Shop this market every Monday afternoon and grab your groceries for the week ahead.



Morro Bay Main Street Market

When: April- October: Saturdays from 2:30- 6 pm

            November- March: Saturdays from 2:30-5 pm

Where: Downtown Morro Bay (Between Main St and Harbor St)


The Morro Bay Main Street Market sits in the heart of Morro Bay. Visit this market to support local farmers, florists, artisans, craft makers, and so much more. The hours change in the winter, so be sure to plan accordingly.



Nipomo Farmers Market

When: Sundays from 11:30- 2:30 pm
 1645 Trilogy Pkwy Nipomo, CA (At the corner of Via Concha Rd and Trilogy Pkwy)


The Nipomo Farmers Market was first organized in 2005 by local growers. The market has continued to grow since then and now features local vendors selling sweet treats, baked goods, skin care products, candles, and more!   



Paso Robles North Country Farmers Market

When: Tuesdays from 3-6 pm

Where: Paso Robles Downtown Park (Spring St between 11th and 12th Ave)


The Paso Robles North Country Market is full of fresh, local produce! Walk through this lovely market on a Tuesday afternoon to fill up your bag with produce for the week ahead. 



San Luis Obispo Farmers Market

When: Saturdays from 8-10:45 am

Where: 325 Madonna Road San Luis Obispo, CA (World Market Parking Lot)


Stop by the SLO market to pick up fresh produce grown locally by Californian farmers! This is one of the bigger markets in San Luis Obispo county with over sixty vendors, so you’ll be sure to find what you’re looking for!



Templeton North County Farmers Market

When: Saturdays from 9- 12:30 pm

Where: Templeton Park. Between 6th and Crocker St.


The Templeton Farmers Market is said to be one of the largest in the county and is the perfect market to visit to kick off your weekend! Vendors sell locally grown fruits, vegetables, fresh flowers and more.




Visiting a farmers market is a great way to support our community and have a great time doing so! Happy shopping!



Sept. 4, 2018

How Interest Rates Affect Your Mortgage

Interest rates have been inching upwards over the last few years with the Federal Reserve promising that more rate hikes are on the way. But do interest rates actually matter that much when it comes to your mortgage? 

Yes. Here's why:


Interest Rates Affect Home Affordability


If you're in the market to buy a home, interest rates will affect how much home you can afford. According to The Motley Fool: "Each quarter-point swing in interest rates, up or down, changes the amount you can afford borrow by about 3%." In terms of real numbers, if you wanted to borrow $500,000 and your interest rate for a fixed-rate mortgage was 4.5%, your average monthly payment would be about $2500. But if interest rates went up to 4.75%, your monthly payment would be about $2600. That might not seem like a lot, but it is a big difference in the eyes of the lender - and it also amounts to $1200 more per year!

So as mortgage rates go up, you'll be able to afford to buy less house. Depending on the neighborhood you're looking in, this could be the difference between buying a turnkey home or one that needs a little work - or buying in that neighborhood at all. 


Adjustable-Rate-Mortgages Are Particularly Vulnerable to Interest Rate Changes


If you have an adjustable rate mortgage, you'll definitely feel the affects of rising interest rates (if you haven't already). Depending on the terms of your loan, your interest rate might change annually or more frequently than that. So even if rising interest rates haven't affected you much, you'll eventually feel the sting as your payments increase. 


Rising Interest Rates Can Have an Inverse Effect on Home Prices


If you're a seller, don't think that rising interest rates won't have any affect on the sale of your home! Usually as interest rates go up and buyer feels the squeeze of affordability, home prices come down a bit to compensate. Of course, there are a lot of other factors that go into pricing a home (location, schools, comparable sales, condition of the home, etc), but what buyers can and will pay for a home can also put pressure on home prices. Especially if wages haven't kept up with housing prices. 

You can always try to hold out for a better price, but if other sellers are lowering the price on their homes, you'll have an even harder time trying to convince the buyers who can afford to buy your home that it's worth it. 


If you've been thinking of buying or selling a home in Pismo Beach, San Luis Obispo, or elsewhere on the Central Coast, now is the time to make your move! Give me a call to get started - (805) 441-1276




Posted in Buying a Home