Voted Best Real Estate Company in SLO County in the 2017 New Times Reader Poll
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Ouch! I heard something on the news last night that Santa Barbara had the highest gas prices in the country. I was down in that area last weekend and didn’t see any difference between prices there and in San Luis Obispo. Looks like another spring/summer of premium prices at the pumps.

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

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Google has added the capability to get satellite photos of an area. You can access this feature here:

http://maps.google.com

Once you put in an address, click on satellite in the upper right.

The maps will show a neighborhood but won’t let you zoom down that much. The new MLS system the Central Coast just got TODAY(!) also has a satellite map function and will allow agents to zoom in closer than the google maps do.

These maps are helpful to look at a neighborhood to see things like if anyone has a swimming pool, how close together the homes are, etc.

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

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What’s the oldest established business in SLO County???

Give up? It’s Sandercock Transfer Co in the city of SLO. Established in 1872. Next is Maino Construction Company also of SLO, established in 1881. No local real estate company was established pre 1932.

Arroyo Grande is the area’s oldest city, incorporated in 1863.

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

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According to a study by Northern Trust, there are 4,584 people in SLO County with $1 million or more of wealth, 684 with $5 million or more, 233 with $10 million or more.

Comparing that with Santa Barbara County you have 7,727 with $1 Million or more, 1,371 with $5 million or more, and 525 with $10 million or more.

The study also said that rising healthcare costs was the biggest concern for wealth erosion.

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

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For the last few years, the condos at the student complex in SLO called Cedar Creek seemed to be falling behind the appreciation of other SLO properties. A year ago, the majority of them were still going for under $300K. Well, looks like they’re catching up with with the rest of the market. One just sold for $369,000. They are 2 bedroom units, kinda cramped if you try to put 4 Cal Poly students in them. But, that’s what you’ll probably need to do if you’re looking to pay the mortgage with rental income.

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

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If you are thinking of selling your home within the next 9 months, it may be beneficial to take some exterior photos now while the flowers are blooming and the trees are green. Also, if you have a view of the hills, take a photo now.

Same with views of the ocean. If there is a clear sky day, take a photo of your view. There’s plenty of homes I’ve shown on foggy or cloudy days that have good view but not on the day I’ve shown the home.

Also, if you want to see how good an agent is in marketing a home, just pick up one of the monthly real estate magazines. Note the photos of homes that were taken on a rainy day, have cars in the driveway, or don’t show a blue sky. Is this the first impression of your home you want??

Photos are a critical piece in the marketing of your home. The most asked question I receive from people looking for homes is “do you have any more photos?”.

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

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Well, the reports are starting to come out stating obvious info (at least to me). If you’re reading my blog, then you’re probably not one of the ones that is going to spend an hour or two going through the Saturday newspaper looking at a fraction of available real estate when you can search for what you’re looking on my site in minutes. What’s interesting is that the local newspapers are still promoting their 2000 circulation numbers and raising the prices for advertising every year. To put one of those small “spotlight” ads in the Saturday and Sunday paper would cost over $700 a month!

Real Estate Classified Ads Lose Ground to Web

(March 23, 2005) — Consumers are abandoning newspaper classified ads for real-estate Web sites, where they can access pictures, virtual tours, and search tools to narrow their options properties by price, location, and schools, says Forrester Research analyst Charlene Li.

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