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New Listing! Beautiful 4 Bedroom 2 Bath Home


Wow! What a stunning corner home in Traditions! The sellers are so proud of this former model home offering four bedrooms (one downstairs) and a wonderful open and flowing floorplan of over 2200 sq ft of living space. Hand scraped maple flooring, plantation shutters, custom paint and everything you’d want in a forever home. Enjoy the cherry wood cabinets, island/breakfast bar, new appliances, and tons or storage in the kitchen, but you also have a formal dining area for card games or holiday celebrations. The laundry room is upstairs – where it should be – and the upstairs landing area includes desks for home office or school work. Enjoy his and her closets in the amazing master suite…The backyard entertaining areas complete this already picture perfect property and the home even includes air conditioning! Priced to make you smile…and move!
Wendy Teixeira 805.310.3505

Written by Keith Byrd - Go to Keith's Website/Profile

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New Listing! Move-In-Ready 3 Bedroom Home

Great move in ready home with desirable floor plan. This 3 Bedroom 2 Bath home features spacious living room with Vaulted Ceilings & Kitchen with stainless steel range and dishwasher. Slider from dinning area opens to patio and large back yard which includes several fruit trees and two storage sheds. Potential RV Parking. Great neighborhood close to Taylor Elem. and Pioneer HS. Jim May Park nearby with Santa Maria Valley Multipurpose and River trail surrounding. Easy 101 Freeway access. **Information deemed reliable but not verified or guaranteed by broker**
Shea Hutchinson 805.260.6322

Written by Keith Byrd - Go to Keith's Website/Profile

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FOMC Announces the Unwinding of its Balance Sheet

FOMC Meeting

As expected, the FOMC announced the unwinding of its $4.5 trillion balance sheet beginning in October. There is no change to the funds rate which stays at a range of 1.00 to 1.25 percent. For unwinding, the committee is holding to its June statement that will allocate rollover amounts across maturities based on the proportions it holds. Unwinding, which will take several years to unfold, will begin gradually at $6 billion cap (limit) for treasuries and $4 billion for mortgage backed securities. The caps will increase in three month intervals by $6 billion for treasuries and $4 billion for mortgage backed securities until they reach $30 billion per month for the former and $20 billion for the latter. The economic assessment is also steady with job growth said to be continuing and economic growth activity described as moderate. Temporary hurricane effects are cited and include a rise for gasoline prices though the inflation outlook remains unchanged running below their 2 percent goal. Quarterly FOMC forecasts continue to see one more rate hike this year, with median projections unchanged for 2017 and 2018 at three 25 basis point hikes penciled in each year, to 1.4 and 2.1 percent respectively. There is a change to 2019 which is trimmed back to a median 2.7 percent from 2.9 percent with the long run call cut back two tenths to 2.8 percent. Median projections for 2017 GDP growth are up 2 tenths to 2.4 percent with GDP seen slowing to 2.1 percent next year followed by 2.0 in 2019 and 1.8 percent in 2020. The unemployment rate is unchanged from June forecasts at 4.3 percent this year with 2018 and 2019 each cut one tenth to 4.1 percent. Core PCE inflation is cut 2 tenths this year to 1.5 percent and 1 tenth next year to 1.9 percent. The core is seen at 2.0 percent in both 2019 and 2020.

Fed Chair Press Conference

Janet Yellen repeated that this year’s down draft in inflation is likely temporary, the result of one-time factors. She expects inflation to move higher and stabilize around the FOMC’s 2 percent goal, though she did say there are risks that inflation may continue to run below 2 percent. Yet, citing history, she said tightness in the labor market tends to push up wages over time and with that price inflation along with it. On balance sheet unwinding which is set to begin next month, she does not see any adjustments outside of the scheduled path. Yet should the economy significantly deteriorate, she said that the FOMC could change reinvestment caps, stop rolloffs or resume reinvestment. On employment she was pleased with progress and describes the 4.4 percent level as “quite low” and notes special progress among minorities who were hit hardest after the financial crisis.

Written by Central Coast Lending - Go to Central Coast Lending's Website/Profile
805.543.LOAN info@centralcoastlending.com
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New Listing! 2 Homes on 7+ Acres


This 7.8 acres with 2 homes in Santa Margarita has not been on the market since 1989. The first home is a comfortable 3 bedroom 2 bath single level, 1,302+- sq. foot home with a 2 car attached garage. It is located at 3655 Parkhill Road. The house has been painted inside and out. The seller is allowing the buyer to bring in their own flooring ideas. This home is in the valley sheltered from the wind, with several oak trees nearby. The second home is on the opposite side of the 7.8 acres, you can’t see it from the main house. It is a 1972 manufactured home, 1440 sq. feet, the location of this second home comes with views. It has the address 3625 Parkhill Road. The land is perfect for horses, level to rolling hills, there is a lot of fencing that is already done. Both properties are gated. There is a small barn, and storage area for tack. Live in the house and rent out the manufactured home, or live in the manufactured home and let the rent from the house pay for the property. Santa Margarita has a very popular grade school with bus service. Move to the country and enjoy the peace and quiet. This property is an easy 30 minute commute to San Luis Obispo, and 15 minutes to Santa Margarita.
Kathy Birkhahn 805.610.6650

Written by Keith Byrd - Go to Keith's Website/Profile

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New Listing! 4 Bedroom 2 Bath in Santa Maria

Spacious and well-appointed in La Vigna! Comfortable four bedroom home with bedroom and attached bath downstairs. Large living room is light and bright with cathedral ceiling and plantation shutters and opens to kitchen with island and ample storage. The kitchen offers access to backyard patio and yard, complete with irrigation for lawn and plants. Three bedrooms upstairs including large master bedroom with attached sitting room that could easily double as a workout area, office, nursery… so many options! La Vigna is a gated community complete with pool and park facilities, and is walking distance to the local elementary school. Convenient location for those commuting to Vandenberg AFB yet close to in-town shopping.
Gina Gluyas 805.310.7208

Written by Keith Byrd - Go to Keith's Website/Profile

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Rate Update

Rates at 2017 Lows for 2 Consecutive Weeks

The Freddie Mac mortgage remained the same as the week prior at a level of 3.78% APR; for the second consecutive week of 2017 lows. APR still remains higher than it was a year ago when it was at a level of 3.50%, but the gap is shrinking on a yearly basis; it is only 28 basis points lower on a year on year basis than the current APR of 3.78%.

Attributed to Sean Becketti, chief economist, Freddie Mac.

“Following a sharp decline last week, the 10-year Treasury yield rose 11 basis points this week. The 30-year mortgage rate, however, remained unchanged at 3.78 percent. If Treasury yields continue to rise, mortgage rates could see an increase in next week’s survey.”

Written by Central Coast Lending - Go to Central Coast Lending's Website/Profile
805.543.LOAN info@centralcoastlending.com
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New Listing! 4 Bedroom 3 Bath Home


Situated at the end of a rare flag lot sits this two story, four bedroom home with a FIVE car garage, pool and hot tub. Enjoy over-sized formal living and dining rooms with a roomy kitchen, family room with beautiful oak bar and guest room downstairs. Upstairs offers a supersized master bathroom, two closets, and a generous sized bedroom along with two more bedrooms, a full bath and utility room. This unique park-like property offers privacy and serenity.
Wendy Teixeira 805.310.3505

Written by Keith Byrd - Go to Keith's Website/Profile

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New Listing! 3 Bedroom 2 Bath Home in Santa Margarita


Santa Margarita horse property for sale with views! Enjoy 9.7 acres of privacy in a gated location backing to a large parcel. The sellers have put a lot of upgrades into this property including all new kitchen appliances, new air conditioning heating, new solar system that is paid for, new hot water heater, new 5 foot fencing, new pump in the well, and a new roof on the barn. It is move in ready, bring the horses, and animals you will love the peace and quiet Santa Margarita has to offer. This 3 bedroom 2 bath manufactured home with a screened in porch has an open great room feel, with low utility bills. The large master bedroom has a large walk in closet, and a door to the back yard. The shop has a second story that could be a large office/guest room, it has a deck with a separate entrance overlooking amazing views of the forested parcel behind. Keep the binoculars handy Santa Margarita has a lot of wildlife. Enjoy established fruit trees including pears, and apricots. Santa Margarita grade school is very popular in the area, the bus still picks up students. There are trails located within a few miles to ride your horse, or hike to Santa Margarita lake. Another trail takes you all the way to Lake Lopez. The town of Santa Margarita is like a step back in time. Enjoy community potlucks, and movies in the park. The sunsets at this property are relaxing, the birds are abundant, and the house is move in ready. This property is about 14 minutes from Santa Margarita.
Kathy Birhkhahn 805.610.6650

Written by Keith Byrd - Go to Keith's Website/Profile

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New Listing! Affordable 4 Bedroom 2 Bath


An affordable slice of the Central Coast is right at your fingertips! USDA financing elegible! This comfortable four bedroom home in Casmalia offers peace and quiet and a beautiful view of the hills. Updated touches throughout. Some newer kitchen appliances. Private master suite. Indoor laundry. Large driveway and oversize garage leave plenty of room for all your vehicles and toys. Convenient location for commuters to Vandenberg AFB or Lompoc. And an added bonus — you’re right down the street from the world famous Hitching Post Restaurant! Listed at $310,000

Written by Keith Byrd - Go to Keith's Website/Profile

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New Listing! 4 Bedroom 2 Baths in Santa Maria


Clean and updated in Northeast Santa Maria! Comfortable four bedroom home has large kitchen and dining room open to large living room, with attached attractive all-seasons outdoor room. Updated throughout; shaker kitchen cabinets with granite counters; modern bathroom tile and vanities; hardwood and laminate flooring. Newer roof and exterior paint plus vinyl dual-pane windows; expanded driveway large enough for RV parking. Backyard with many fruit trees and large storage shed. Easy access to 101 Freeway and walking distance to elementary schools.
Gina Gluyas 805.310.7208

Written by Keith Byrd - Go to Keith's Website/Profile