MLS Search #1 is working again!
My MLS Search #1 is currently down. I apologize for this. Luckily I have MLS Search #2 that you can use. I contacted the vendor for MLS Search #1 and they appear to be gone for the holidays with no support staff on duty. I’m in the process of evaluating a map-based MLS search which will replace MLS Search #1 anyways. Again, sorry if you’ve tried MLS Search #1 this weekend and got the Line 667 error.
A 2300 sq ft 3 bedroom home in Arroyo Grande Oak Park Estates came on the market for $895,000. It’s on 1.3 fenced acres and has a barn. This is one of the larger lots in Oak Park Estates and sounds like a good price.
Here’s an article in today’s USA Today about the market changing from a Seller’s market to a Buyer’s market. See article here
The San Luis Obispo City Council approved 264 homes near the corner of Broad and Orcutt. There will be a mixture of one bedroom condos and 3 bedroom homes. Work is expected to begin in the first half of 2006.
Newspaper circulation continues to decline
Down an average of almost 3% from March-Sept this year. The San Francisco Chronicle was down 16%
I caught a bit of Dave C’s talk show on KVEC today and there was a guy on stating his opinion that SLO housing prices will exceed Los Angeles in the upcoming years. His reason is because of the # of retirees over the next 15 years. As the babyboomers retire, they’ll want to come to a place with less traffic, clean air, and a good quality of life. Yep…that’s the Central Coast all right! It actually makes a lot of sense. We’re already seeing the school population starting to decrease around the county which means fewer families are coming and staying in SLO. If you’re looking to retire in the area in the next 10-15 years, you might want to look how you can invest in the area now!
The National Association of Realtors (NAR) prepared some reports from around the country to show that the facts don’t support the possibility of a housing bubble burst. You can download their findings here.
Hotel/Motel Online Booking
At the bottom of my home page, there is a link to a hotel/motel reservation service. I’ve used it a few times already for my own personal travel and I haven’t had any problems. It also doesn’t add an extra online booking charge like other online hotel reservation sites do.
Check it out!
In the past 24 hours, there have been 60 price changes on available properties!
Is it the time of year, just coincidence, or is something else happening with the local real estate market???