How’s The Market

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Is the economic recovery beating all projections?

by kevinjones September 21, 2020 How's The Market

Is the economic recovery beating all projections?  Realty Professionals  805-473-0300

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still …

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Thumbnail image for How Low Inventory May Impact the Housing Market this Fall

How Low Inventory May Impact the Housing Market this Fall

by kevinjones September 18, 2020 How's The Market

How Low Inventory May Impact the Housing Market this Fall.  Realty Professionals  805-473-0300

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.

Buyers are actively searching for and purchasing homes, …

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What are Experts saying about Home Prices?

by kevinjones August 4, 2020 How's The Market

What are Experts Saying About Home Prices?  Realty Professionals  805-473-0300

Realty Professionals 805-473-0300

Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said:

“The economic downturn that started in March 2020 is predicted to cause a 6.6% drop …

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Today’s Buyers are Serious

by kevinjones July 29, 2020 How Much Is My Home Worth?

Today’s Buyers are Serious   Realty Professionals  805-473-0300

Realty Professionals 805-473-0300

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates:

“…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are …

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Thumbnail image for Homeownership Continues to Rise  Realty Professionals  805-473-0300

Homeownership Continues to Rise Realty Professionals 805-473-0300

by kevinjones July 22, 2020 How's The Market

Homeownership Continues to Rise  Realty Professionals  805-473-0300

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the …

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Thumbnail image for Foreclosure Prediction – Realty Professionals – 805-473-0300

Foreclosure Prediction – Realty Professionals – 805-473-0300

by kevinjones July 15, 2020 How's The Market

Foreclosure Prediction  -  Realty professionals  -  805-473-0300

Realty Professionals – 805-473-0300

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, …

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Unemployment Statistics

by kevinjones June 4, 2020 How's The Market

Unemployment Statistics  -  Realty Professionals  -  805-473-0300

Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they …

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Thumbnail image for Grover Beach Statistics January 2015

Grover Beach Statistics January 2015

by kevinjones February 2, 2015 How's The Market

Grover Beach Statistics for January 2015.  Realty Professionals 805-473-0300.  There were six Closings in Grover Beach in January 2015.  They ranged from a 2 bedroom 1 bath home, to a 3 bedroom 3 bath home with the size of the homes ranging from 1,100 to over 1,600 square feet.  The average Sold home in Grover …

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Thumbnail image for Pismo Beach Statistics for January 2015

Pismo Beach Statistics for January 2015

by kevinjones February 2, 2015 How's The Market

Pismo Beach Statistics for January 2015.  Realty Professionals 805-473-0300.  There were eight Closings in Pismo Beach in January 2015.  They ranged from a 2 bedroom 2 bath home, to a 4 bedroom 5 bath home with the size of the homes ranging from 1,122 to over 3,500 square feet.  The average Sold home in Pismo …

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Thumbnail image for Home Prices Rise Most in 7 Years

Home Prices Rise Most in 7 Years

by kevinjones July 8, 2013 How's The Market

Home Price Rise Most in 7 Years.  Realty Professionals  805-474-7040.  The home prices in America have increases over 12% from a year ago (May 12-May 13) and the housing recovery is strengthening.  48 of the 50 states increased and 97 out of 100 of the largest Cities reported gains.  California with an overall 20% increase …

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