Lots of updates in this well cared for 1950s charmer in SLO’s favorite neighborhood! There is little traffic on this lovely street just up the hill from San Luis Drive. The 3 bedroom 2 bath home has beautiful refinished hardwood floors, new tile floors in kitchen and baths, newer roof, newer furnace, tankless water heater and fruit trees in the backyard! A wonderful place to call home!
Diane Moroski 805.550.2543 & Sandy Lee 805.550.6052
Mike Belezzouli of Central Coast Lending Expands Big Brothers Big Sisters Realtors’ Circle to Include Lenders
San Luis Obispo, CA – Big Brothers Big Sisters expands its Realtors’ Circle to include lenders under the leadership of Mike Belezzuoli of Central Coast Lending. Belezzuoli donates to the organization from each closed loan and Central Coast Lending matches his donation. Last year’s donations totaled $6,000 to provide mentors to local youth.
Executive Director Anna Boyd-Bucy said “Mike, Central Coast Lending and his clients are making our community better. The children who receive a mentor, because of Mike and Central Coast Lending’s generosity, will grow up to be better educated, wealthier and have stronger relationships.”
About Big Brothers Big Sisters:
For more than 100 years, Big Brothers Big Sisters has operated under the belief that inherent in every child is the ability to succeed and thrive in life. Most children they serve are in single-parent, low-income families or in households where a parent is incarcerated. As a part of the nation’s largest donor and volunteer supported mentoring network, they make meaningful, monitored friendships between adult volunteers and children. Funding provides for a system of ongoing evaluation and support that is proven by independent studies to help families by improving the odds that participating children will perform better in school, avoid violence and illegal activities, and have stronger relationships with their parents and others. For more information on volunteering or contributing to Big Brothers Big Sisters, call 805-781-3226, or log onto www.slobigs.org.
Gated and private. Beautiful Mediterranean home. The warm and inviting single story home has 3 bedrooms, 3 baths, office, an open floor plan, high ceilings, and spacious rooms. Recently updated kitchen and master bath. Brazilian Walnut hardwood floors in the living and dining rooms. Multiple French doors, 3 fireplaces, private Master Suite wing. Newer SPA on the private patio. Solid Pine 4 panel interior doors. Designed for indoor/outdoor living. Bocce Ball Court and covered patio. Copper rain gutters. The acreage is ready to accommodate a family vineyard, recreational horse facility, pool, tennis court or just enjoy the easy maintenance, serene and private atmosphere created here. Includes approved plans for a 2,500 square foot workshop/casitas-3D rendering available. Call your realtor for a showing of this special property.
Kristi Donati 805.459.3099
Nestled on a serene cobblestone street in San Luis Obispo’s popular Stoneridge neighborhood, this 3 bedroom 2 and 1/2 bath home captivates from the curb with its Mission-style front porch, custom exterior woodwork and lush, mature landscaping. The sunny and inviting porch allows for easy indoor/outdoor flow and leads to a light- and view-filled open main floor that is wonderfully functional for every day living, entertaining and for celebrations. A versatile great room boasts 16’ ceilings, clerestory windows, cherry crown molding, and a custom fireplace feature wall with built-in cabinetry. It opens to the newly remodeled spacious kitchen and dining room where glossy quartz countertops and glass tile backsplash contrast beautifully with the cherry wood shaker cabinets and breakfast bar. The master bedroom suite is conveniently located on the main floor and has access to the front porch through French doors and views of the hills through its bay window. A powder room completes the main level, while two additional bedrooms, full bath, laundry nook, and tranquil garden round out the lower level. This property also features hardwood, bamboo, and tile floors, cherry millwork, stainless steel appliances, central air conditioning, solar power, and a two-car garage. It has easy access to hiking trails, shopping, and local dining.
Sandra Lee 805.550.6052 or Diane Moroski 805.550.2543
LaVentana! This gorgeous 4 bedroom, 3 bath home also features a detached one bedroom casita on a nice cul-de-sac. One bedroom and a full bath are located downstairs. Enjoy formal living and dining rooms, gourmet kitchen with breakfast bar, open to large living room. An oversized office completes the downstairs. Upstairs offers 2 nicely sized bedrooms, small nursery and an oversized master suite with jetted tub, large shower, dual sinks and walk in closet. Enjoy countless upgrades including hardwood flooring, granite, extensive custom cabinetry, lush landscaping and privacy.
Wendy Teixeira 805.310.3505
Labor Market Conditions Index
The unemployment rate was down 2 tenths in March to a level of 4.5 percent. The economy is at full employment but it isn’t giving much of a lift to the labor market conditions index which is barely holding above zero at only 0.4 in March.
Job openings rose a sharp 2.1 percent in February to a level of 5.743 million which is the highest level since July of last year and the fourth highest of the expansion. Hires totaled 5.314 million which is one of the best months of the expansion though it is down from January by 2.0 percent. On a yearly basis, openings are up 3.2 percent in contrast to a 2.4 percent decline for hires. The gap between openings and hiring first opened up about two year ago, this signals that employers are having a hard time finding people with the right skills for the position. At 429,000 the current spread between openings and hirings is the widest it’s been since September of last year. Other readings include a one tenth decline in the quits rate to a level of 2.1 percent, as subdued reading pointing to lack of movement between jobs and lack of wage pull for employees. The separations rate also fell down one tenth to 3.5 percent. This is a mixed report that shows lack of movement and lack of hiring pointing to slack in the labor market. Openings however are proving hard to fill and point to an economy with full employment.
Purchase applications for home mortgages rose on a seasonally adjusted basis 3 percent in the week of April 7th. Applications for refinancing remained unchanged. On an unadjusted basis the purchase index rose 5 percent and was up 3 percent from the level it was last year. The refinancing share of mortgage activity declined again by another percentage point to a level of 41.6 percent, this is the level this sector has been at since September 2008.
Initial jobless claims continue to slide, coming in at 234,000 in the week of April 8th; this is belwo economists’ predictions of 243,000 for initial jobless claims. The four week average is at 247,250, down 3,000 for the second straight weekly decline. Continuing clams are also low, dropping 7,000 in the lagging data for the week of April 1st to a level of 2.028 million. These readings are low and favorable; they are consistent with the JOLTS report signaling strong demand for labor.
After cooling in the months of February and March, the consumer sentiment index is showing new strength in April. The preliminary April index is up 1.1 points to a level of 98.0 beating economist expectations by one full point. Strength is centered in the current assessment, up 2 points to 115.2 which is a 17-year high. This is a positive indication for April consumer spending. Expectation also rose higher, up 4 tenths to 86.9 signaling confidence in jobs outlook. Despite these strengths, the inflation expectations component is very subdued, unchanged at 2.5 percent for the one year outlook and also unchanged for the five year outlook which was at a level of 2.4 percent. The 17-year high on the current conditions index, is a reminder that high confidence readings have yet to translate to economic strength, as consumer spending is still weak and GDP still soft.
Consumer Price Index
Consumer prices fell a very sharp and unexpected 0.3 percent in March. The core rate which excludes food and energy fell 0.1 percent which was also unexpected. Energy prices fell 3.2 percent in the month and gasoline was down 6.2 percent. Excluding just energy, prices still remain in the negative column at minus 0.1 percent. A special negative in the month of March’s report was the communications component which fell a very steep 3.5 percent. Other categories are also weak including apparel, down 0.7 percent, and transportation where prices fell 1.4 percent. Housing and medical, two centers of price traction, managed only a 0.1 percent gain. ON a yearly basis rates also moved lower, to 2.4 percent overall for a sharp 3 tenths decline and to 2.0 percent for the core which is also fell 2 tenths lower. The core rate was expected to increase rather than decrease. The lack of price traction points to softness in overall demand for consumer goods and services. Though demand in labor right now is very strong, wage improvement has only been marginal. This report will likely push back expectations for Federal Reserve rate hikes.
Beautiful updated 4 bedroom, 3 bath home in The Arbors. The remodeled kitchen features an added island, granite counters throughout, cherry cabinets, hardwood floors and a wet bar. The master bathroom was redone with heated floors in main bath area, a soaking tub, custom vanity with granite countertop, walk in shower with two shower heads, and body sprays. The additional bathrooms were also remodeled with new fixtures, sinks and many other updates. Home has all new updated windows and solid core doors, nicely landscape front & rear yards, and a three car garage.
David Singer 805.459.0127
Highly desirable – private lot in The Willows Subdivision located right along the greenbelt with additional parking. With its five bedrooms and office this home lives large. There are many options for outdoor living. Awesome built-in outdoor BBQ cooking area & bar.
LeeAnne Fisher 805.440.0251
Welcome home to this nicely updated, corner lot location in North East Lompoc. Cool and comfortable, the updates include new kitchen, refreshed baths, newer flooring and paint throughout, fixtures, doors, trim and windows. Versatile floor plan offers formal living and dining space with a comfortable family room or den open to the kitchen. Lovely custom built-in desk and bookcase in living room. Large storage closet in hallway. Master bedroom is spacious and has generous walk-in closet. French doors from master bedroom to the backyard. 521 Colbert is the perfect Lompoc location; convenient to shopping, access to Vandenberg AFB and Hwy 246, plus within the Cabrillo High School boundary.
Gina Gluyas 805.310.7208
Peaceful and private in Harp springs! Beautiful views from this large four bedroom, four bath home. Split level living has the kitchen and family areas plus master bedroom at entry level. Lower level includes three bedrooms, two baths and a den. Spacious kitchen with ample storage opens to family room with deck. Lower level opens to large covered backyard patio. Newer flooring and some new interior paint. Two tankless water heaters. The location of Harp Springs allows for a wonderfully unique micro-climate and protection on those windy days. Take advantage of great Orcutt schools. Close enough to Hwy 101 for easy access and also to Old Orcutt for great restaurants and shopping. Your little slice of heaven is waiting for you!
Gina Gluyas 805.310.7208