Due to such low inventory I have included homes in the Nipomo area as well which is only down the road and will give you a good comparison of the different markets on what kind of home you can buy as well in today’s market. I have also capped the price at $400,000.00 so if you happen to be looking for homes over that price or something differen let me know also all the homes had to have 3 bedrooms and 2 baths with at least 1,500 sq ft, or you can do your own searches just click above. The list updated constantly but you can run your own searches below.
Do Your Own Searches Here
Search #home in foreclosure And Going To Auction
This link is updated frequently but there are always changes call for the latest updates and any homes that may be of interest to you. If you are interested in the homes in foreclosure just click the link below and see homes that are going into foreclosure or will be in foreclosure.
If you are not sure what you would qualify for I have included on the top of the screen an easy calculator to figure out what you would qualify for or “could” qualify for.
I will have on my website “www.Geneperez.net” once I update it the ability to search #homes for sale NATIONWIDE NOT JUST THE CENTRAL COAST. Where you can even save your favorites, and all that good stuff and keep track of what is happening to the homes, that are you are searcing.
I will have separate and updated posting on homes for less than 150k for those looking for some fixer uppers and some good deals.
If you take a look at the Graph below it prices have come down tremendously only to rebound
Before you click on the link below here are a few things to consider in deciding whether now is a good time buy a home if you are a #first time home buyer. Interest rates are still below 5% that being said historically interest rates for homes are 7% on average so they are pretty damn good right now.
#real estate in general have gone through another adjustment and have gone through a double dip in prices including the Central Coast as well to read more about it you can check out this article.. Click here to read the Double Dip On Real Estate.
But the important thing to keep in mind are the changes that are still coming to
real estate in getting the financing needed for a home is going to be harder, and more expensive even if the prices were to come down more than they already are the financing for them is still going to be more challenging for many first #time home buyers. Fannie & Freddie Mac are still losing money(Click Here For Story) and the Govt. wants out of the mortgage business. FHA loans are going to dominate the market even more so and take on more risks which is why they have already increased the monthly PMI and now require ALL loans that are FHA to have PMI. But the biggest impact will be when they increase the down payment possibly from 3.5% to 5%.
I service all the nearby communities and other markets such as the #real estate market ” href=”http://geneperez.net/” target=”_blank”>Santa Ynez real estate market, Nipomo Real estate market, Arroyo Grande real estate market, Grover Beach Real Estate Market, and all other surrounding areas regarding the homes on the Central Coast.
my goal is to provide you with resources you need. I can also help in getting the financing for your home. If you have any suggestions or questions in how I can provide more or better
information please let me know. I have been helping my clients for the last 15 years on the Central Coast, Gene Perez – 805-448-7101 , DRE 01321588
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