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So far Central Coast Lending has created 924 blog entries.

CCL Market Update: Mortgage Applications, JOLTS, FOMC Minutes, Jobless Claims, Consumer Price Index, Consumer Sentiment

Mortgage Applications

After two straight weeks of strength, the purchase index cam in flat in the week of October 6th at a 0.1 percent decline. Yet the year on year rate improved 2 percentage points to a very solid 7.0 percent rate in what is a positive signal for underlying home sales. Refinancing activity continued its […]

By |October 16th, 2017|CCL Market Updates|0 Comments

CCL Market Update: S&P Corelogic HPI, New Home Sales, Consumer Confidence, Mortgage Applications, Pending Home Sales, GDP, Jobless Claims, Personal Income and Outlays, Consumer Sentiment

S&P Corelogic Case-Shiller HPI

Case-Shiller home prices firmed in July, to a 0.3 percent adjusted gain for the 20 city index. The trend is favorable with the year on year rate rising 2 tenths to an unadjusted 5.8 percent and in line with other home price readings which are also roughly at the 6 percent rate. […]

By |October 2nd, 2017|CCL Market Updates|0 Comments

CCL Market Update: Housing Market Index, Housing Starts, Mortgage Applications, Existing Home Sales, FOMC Meeting, Fed Chair Press Conference, Jobless Claims, FHFA House Price Index

Housing Market Index

The housing market index fell three points in September to a level of 64, matching July as the weakest month of the year. Buyer traffic remains under the breakeven point of 50 down one point to 47 reflecting lack of first time buyers who are being kept out of the new home market […]

By |September 25th, 2017|CCL Market Updates|0 Comments

CCL Market Update: JOLTS, Mortgage Applications, Consumer Price Index, Jobless Claims, Consumer Sentiment, Mortgage Rates

JOLTS

In the latest indications of strong, tight conditions in the labor market job openings rose to a higher than what was expected level of 6.170 million in July for a 0.9 percent increase from June.  Hirings also rose, up 1.3 percent to 5.501 million, which is 669,000 below openings. Openings have been far ahead of […]

By |September 18th, 2017|CCL Market Updates|0 Comments

2nd Quarter 2017: Scenic Coast

2nd Quarter 2017
(January-June)
Scenic Coast

Cambria
Cayucos
Los Osos
Morro Bay

The Scenic Coast of San Luis Obispo County represents the group of cities with the smallest market with only 239 homes sold within the four cities that make up this region. The Scenic Coast follows behind the Five Cities area for the second highest median home […]

By |September 15th, 2017|SLO County Real Estate|0 Comments

2nd Quarter 2017: North County

2nd Quarter 2017
(January-June)
North County

Atascadero
Paso Robles
Santa Margarita
Templeton

There are lots of indications in the data that point to the North County having  one of the hottest markets in San Luis Obispo County. The North County had the most amount of total number of sales and the lowest amount of cumulative days a home […]

By |September 15th, 2017|SLO County Real Estate|0 Comments

2nd Quarter 2017: South County

2nd Quarter 2017
(January-June)
South County
* Due to changes in the NMLS we can no longer provide accurate statistics for cities in Santa Barbara County

Nipomo

The only available city with accurate data in the South County is Nipomo, considered part of San Luis Obispo County and not Santa Barbara County

Central Coast South County (Nipomo) 2nd Quarter 2017 […]

By |September 15th, 2017|SLO County Real Estate|0 Comments

2nd Quarter 2017: Five Cities

2nd Quarter 2017
(January-June)
Five Cities

Arroyo Grande
Avila Beach
Grover Beach
Oceano
Pismo Beach

The Five Cities area of San Luis Obispo County represents the region with the highest median home price. Three of five of the cities that make up the Five Cities area are ranked amongst the cities with the highest median home price when […]

By |September 15th, 2017|SLO County Real Estate|0 Comments

2nd Quarter 2017: San Luis Obispo County

2nd Quarter 2017
(January-June)
San Luis Obispo County
San Luis Obispo County 2nd Quarter 2017 vs. 2nd Quarter 2016:

1,500 total homes sold in SLO County(2017) vs. 1,312 (2016)
$639,059 average median home (2017) vs. $550,000 (2016)
98% sales vs. list price (2017) vs. 98.13 (2016)
$479.96 price square foot (2017) vs. $350,.00 (2016)
67 cumulative days on […]

By |September 15th, 2017|SLO County Real Estate|0 Comments

CCL Market Update: US ECI, Mortgage Applications, Beige Book, Jobless Claims, Mortgage Rates

Gallup US ECI

Though Americans’ confidence in the US economy varied in August, it did not vary much from the economic attitudes in the prior month of July. The economic confidence index was at plus 6 in August, just slightly higher than the plus 4 recorded in July. Though so far in 2017 has generally been […]

By |September 11th, 2017|CCL Market Updates|0 Comments