Refinance Options… Opportunity is All Around You

Have you ever seen someone’s eyes light after grabbing a warm tray at the beginning of a buffet line?  Ever take a 5-year-old to a yogurt shop and watch the moment of pure bliss when he/she gets to the toppings section? Where do you think the phrase “like a kid in a candy store” comes […]

By |March 30th, 2012|Loan Program News|0 Comments

San Luis Obispo County Adds Jobs in February

San Luis Obispo County added 400 people to the work force in February, but the unemployment rate increased slightly and is now at 8.4 percent. The rate went up (despite adding jobs) because the labor force grew during the same data period. As reported by the Tribune, and according to data provided by Beacon Economics, the […]

By |March 29th, 2012|CCL Market Updates|0 Comments

Solar Panels Installed at San Luis Obispo and Morro Bay Schools

As you may have noticed, four local schools are getting a makeover – of the solar panel persuasion. San Luis Obispo High School, Laguna Middle School, Morro Bay High School and Los Osos Middle School are all adding solar panels to save on energy costs.

But how did they pay for it?

For some time now, we […]

By |March 29th, 2012|SLO County Locals|0 Comments

San Luis Obispo County Home Sales Increase

In February, 215 homes sold in San Luis Obispo County, which is a 9.7 percent increase from the same month in 2011. As reported by the Tribune, this number represents a positive improvement over January’s numbers, which had fallen year-over-year. Also during February, San Luis Obispo County median home price fell 0.3 percent year-over-year  to $319,000.

By |March 28th, 2012|SLO County Real Estate|0 Comments

EcoPlanners: Fighting Toxic Chemicals in Your Home

Fitness guru Jack Lalanne used to say, “If it tastes good, spit it out.”  On the other hand, we can say that if it smells bad, it’s probably bad for you.

Indoor air quality is especially important for children and the elderly.  It may be hard to believe, but American homes today can be as much […]

By |March 27th, 2012|SLO County Locals|0 Comments

March Pending Home Sales Jump

The overall upward trend continues for pending home sales, with a 4.1 percent jump in March. Here is something interesting though – while contract signings have increased 17 percent since September, closings have only kept pace at a 5 percent increase. Still, as Bloomberg News reported, the March gains are “unusually strong” for the season, […]

By |March 26th, 2012|CCL Market Updates|0 Comments

New Home Sales Down, Median Prices Up

New home sales fell for their third consecutive month in February. Sales fell 1.6 percent in February, falling below consensus range (315,000 to 345,000) with an annual rate of 313,000.

At the same time, median home prices surged 8.3 percent in February to $233,700. Housing supply settled at 5.8 months after lows in January and December […]

By |March 23rd, 2012|CCL Market Updates|0 Comments

Estate Planning Basics (Part 2): Avoid Probate

Bradley Liggett, an estate planner based in San Luis Obispo, returns with his second installment of the basics. His first went over how to give to who you want. In Part 2, the topic is avoiding probate – the court-supervised process by which a deceased person’s debts are paid and assets distributed.

The second goal in estate planning […]

By |March 22nd, 2012|CCL Market Updates|0 Comments

Why Interest Rates are Higher and Where They Will Go

Over the last two weeks, we have seen interest rates make a strong move upward. This post will discuss why they have trended up, and where we think they will go in the near future.

The first point to understand is that the same rates are available, they are just more expensive. For example, consider a […]

By |March 22nd, 2012|CCL Market Updates|0 Comments

Home Re-Sales Had Best Winter in 5 Years

The last three months marked the best winter in five years for previously occupied homes. January had the highest level since May 2010, at 4.63 million units sold. February sales fell 0.9 percent to 4.59 million.

By |March 21st, 2012|CCL Market Updates|0 Comments