ARROYO GRANDE : HOME SALES & SALE PRICES - 2005 TO 2009 - 11/17/10 03:47 PM
                In the Five-Cities area, the median sale price in Arroyo Grande peaked at $625,000 in 2006, and declined year over year by a cummulative total of 33% to $440,000 in 2009.  Sales also suffered.  The number of single-family residences sold fell from 459 in 2005 to a low of 273 in 2009.   The upside is homes in Arroyo Grande appeared to be selling faster.  After reaching a lengthy time of 98 days in 2007, the number of days needed to market a property shortened to 72 days in 2009. 
While the list-price vs. sale-price ratio also declined during the five-year period, the decrease … (0 comments)

Coats for Kids - 11/15/10 11:52 PM

 
Each year, members of the Scenic Coast Association of REALTORS® joined hands to provide brand new coats for children in need between the coastal towns of Cambria, Cayucos, Morro Bay and Los Osos.
 
The difficult times had resulted in more requests from the elementary and middle schools, who provided the list of families in need. Compared to last year, the number of coats needed has increased by almost 20%.
 
I applaud our association for upholding this tradition for so many years, and fellow REALTORS® and affliates for their generous participation and gracious support for a very worthy … (2 comments)

Templeton Home Sales & Prices: 2005-2009 - 11/15/10 04:20 AM
Templeton appeared to have suffered the least decline in sale prices of single-family homes.  Compared to Atascadero, Paso Robles, Templeton's median sale price decline added to 30%, between 2006 to 2008, and recovered in 2009 with a 8% increase.Like its median sale price, the number of homes sold declined only slightly. 2008 seemed to be the worst year for Templeton in terms of home sales and price declines.   The loss in 2008 was almost regained in 2009, as the number of homes sold spiraled upwards by 14% and sales improved in a jump of 8% in prices.    The downside seems to be length of time needed … (2 comments)

Paso Robles Home Sales & Prices: 2005-2009 - 11/15/10 04:19 AM
Paso Robles is another city in North San Luis Obispo County that seems to be enjoying an increase in sales of single-family homes.  Since 2008, the number of home sold has risen by 8% to 550 sales and by another 6% to 585 homes in 2009.  It is also encouraging to find that the number of days needed to market a home fell from the high of 100 days in 2007 to 56 days in 2009.   Conversely, sale prices are still declining, like the rest of the County.  Like Atascadero, there is a cummulative loss of 40% in median sale price between 2007-2009.
Notes:The above data is based on sales … (2 comments)

Atascadero Home Sales & Prices: 2005-2009 - 11/15/10 04:17 AM
The review of home sales and sale prices in Atascadero from 2005 to 2009 showed that the median sale price declined each year since 2007; dropping from a high of $504,783 in 2006 to $331,000 in 2009.  This reflected a cummulative decrease of 40% in a 3-year period.While the number of single-family homes sold fell in 2006 and 2007, the figure picked up in the following two years, ie 2008, and 2009.  During the same two years in 2008 and 2009, the length of marketing time also declined to an average of 55 days in 2009.  These two trends are illustrated in the … (2 comments)

Electronic Signatures - 11/15/10 04:13 AM
  Effective January 2011, members of the California Association of REALTORS® (C.A.R.) will enjoy a new free benefit: ZipLogix Digital InkTM electronic signatures.

 
ZipLogix Digital InkTM is a digital signature solution for signing C.A.R. forms within ZipForm® 6. Electronic signatures facilitate quick, easy interaction between REALTOR® and client, and encourage a paperless transaction.
 
As ZipLogix Digital InkTM works seamlessly with ZipForm® 6, allowing REALTORS® to instantly e-mail real estate forms requiring signatures, it eliminates the cost and time expense of printing, faxing, or cross-town meetings to get paper copies signed.
Features of the ZipLogix Digital InkTM program include:
The … (0 comments)

Tips for a Smooth Escrow - 11/15/10 04:11 AM

Here are the top 10 tips provided by a local title/escrow company that will help to facilitate a smooth escrow and sale:-1.    Provide a completely executed legible contract - all pages should be initialed and signed.  All addendums and counters are to be initialed and signed, with all boxes checked, where appropriate.2.    Provide escrow company with all copies of reports and respective invoices that concern escrow as soon as the reports and invoices become available. Examples include pest and septic tank inspection reports.3.   Advise escrow company if a Natural Hazard Disclosure (NHD) report is to be ordered through escrow, and if so, advise name of NHD … (0 comments)

Pismo Beach Home Sales & Prices: 2005-2009 - 11/15/10 04:08 AM
While Pismo Beach also suffered price decreases in median sale prices from $765,000 in 2005 to $620,000 in 2009, these decreases are moderate.  Compared to many cities in San Luis Obispo County that saw double-digit declines, Pismo Beach was subject to single-digit declines, beginning with 0.33% in 2005 and ending in a loss of 9% in 2009.Over the five-year period, with the exception of 2007, home sales in Pismo Beach also fell each year.  The lowest number of homes sold in the five-year period was at 91 sales in 2009.  This figure is almost down to half of what sold five years ago.
Additionally, the time … (0 comments)

Avila Beach Home Sales & Price Review: 2005-2009 - 11/15/10 04:04 AM
Avila Beach is considered, perhaps the most sought-after beach town in San Luis Obispo County, due to its location and very limited supply of homes. Traditionally, Avila Beach has held the highest median sale price in the county.  A review of the home sales and sales prices from 2005-2009 showed that Avila Beach had not been immune to the housing crisis and financial breakdown.The median home price rose by 10% in 2006, and had dropped year over year since 2006 to a low of $631,800 in 2009.  This reflected a cummulative decrease of 32% over the four year period.  The number of homes … (0 comments)

What does San Luis Obispo and Singapore have in common? - 11/15/10 03:57 AM
San Luis Obispo and Singapore made it to the list as the top four happiest places on earth.  According to ABC's interview with Dan Buettner who researched and published a new book, "Thrive"; Denmark and Nuevo Leon, Mexico also have the highest number of happy residents.  "Thriving is not about just being happy, but involves how one thrives day to day", the author reported.The Danes scored high in job satisfaction.  Apparently, it's not the amount of money one makes.  An annual wage of $75,000 seemed to be the cut-off point on the balance of work and time. Workers in Denmark get to take advantage of a full … (0 comments)

 
Sherry Peckhoon Sim, Broker/Owner Covering the Beautiful Central Coast CA, Sherry Sim (Sims & Company) Rainmaker_large

Sherry Peckhoon Sim, Broker/Owner Covering the Beautiful Central Coast CA

Sherry Sim

Cayucos, CA

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Sims & Company

Address: 299 Cayucos Drive, Suite B, Cayucos, CA, 93430

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