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 to sell a home during the 5-year review.   As seen in the above chart, single-family homes stayed longer on the market, beginning with a low of 87 days in 2005 to a high of 174 days in 200... 11/14/2010

              Fear is rapidly leaving the North County Real Estate scene. The number of real estate transactions topped 1200 sales in 2009 with over 800 residential single-family home sales. Total sales volume was close to 500 million dollars. This sale increase equates to a 25% bump over 2008 numbers. There was a lot happening in 2009 and more to come in 2010.                 The average sale price of a residential single family home today, in North County, is $301,000. This number represents a nearly 40% drop from the brief average pricing slightly above $500,000. First time homebuyers and investors are very active in this market. Apartment and home rents are not cheap in North County. With the combination of low interest rates and low home prices the monthly payments are very attract... 01/09/2010

2009 3rd Quarter Forecast and Review             This report covers the first three quarters of 2009 North County Real Estate Sales.  The majority of sales are residential single family home but the unique nature of our community encompasses land transactions, homes on acreage sales and commercial activity.   The average sale price of a residential single family homes remained virtually unchanged at $290,000 from the second quarter through the third quarter.  In fact some properties in the $300K range experienced a slight price increase.  Foreclosure properties, a strong supply component, have decreased over the past few months.  This decrease is a reflection of Federal mandates and lenders slowing down the supply process.  There will still be plenty of foreclosures coming into the syst... 10/12/2009

First Half of 2009               The debate rages on about slump, green shoots, recession and recovery.  If this is a generational event, then we are facing generational challenges and generational opportunities.  Every market move makes someone happy.  While happiness may seem to be elusive in North County Real Estate, it sure beats being in Michigan.  This is what's happening in North County Real Estate Today.               Residential single family real estate has been much maligned in the state run media over the past few years.  Today's low interest rates and low prices are attracting multiple offers on many properties priced at or below 300K.  The headwinds in this category are appraisers and lenders. Appraisal values are all over the map and lenders are skittish.  Federal rules a... 09/07/2009

ANSWER:  After it starts going back up!  Regina P. BrownBroker, Realtor®, e-ProAuthor of eBook "Stop Foreclosure Fast: Solutions to Save your House"Author of forthcoming book, "Virtual Office Guide for Business Professionals:  Work & Profit from Home"Join & post to my NEW ActiveRain group at http://activerain.com/groups/virtualoffice Enjoy my NEW Books:      Text copyright © 2009 R.P. Brown, All Rights Reserved    06/05/2009

Okay, YES it's true that online backup is a cool tool that you can get FREE from several sources.  BUT the free service only gives about 2GB, which is NOT enough storage space for anyone I know!  So I recommend Mozy's $4.95 per month, which is unlimited backup & storage. Mozy Unlimited Backup - $4.95/Month Mozy is a simple and safe way to back up all the important stuff on your computer. A copy of your data is stored in a secure, remote location for safekeeping, so that in the event of disaster your data is still retrievable.  Mozy says, "Chances are you have a lot of important stuff on your computer like financial documents, email, digital photos, music and more. Unfortunately, computers are vulnerable to hard drive crashes, virus attacks, theft and natural disasters, which can erase ... 05/24/2009

A short sale is when a homeowner sells his house for less than the mortgage loan on the house, at a loss to the mortgage lender.  For example, Mr. Johnson may have purchased a home in 2006 at the height of the real estate market values and took out a mortgage loan for $400,000.  He can no longer make the loan payments so he needs to sell the house.  However, he can only sell it for $300,000 because that is today's current market value.  So the bank agrees to accept only $300,000 as full payment for the $400,000 loan.  In this case, they agree to take a $100,000 loss. Why would a mortgage lender agree to take such a big loss?  The main reason is because if they don't approve the short sale, and the homeowner allows the house to go into foreclosure, then the lender (or bank) will take an ... 05/07/2009

In an email I sent today to a friend and co-Realtor I realized it is up to me to make it in this market. I own my Attitude and It carries a lot of weight in how I carry myself and how productive I am in my daily life. Instead of waiting for my clients to walk through the front door (I have a home office) I'm Sending my mailers in the morning. Today I will finalize them, go to the printer, stuff and stamp them. Tomorrow I will pull all my old files and make contact with with past clients. I'm so excited about this, I will choose keep my positive Attitude and every few days find something to improve my business. 04/07/2009

REVIEW OF HOME SALES & MEDIAN HOME PRICES ON STICK-BUILT SINGLE-FAMILY HOMES IN NORTH COUNTY       (UNDER $1M)     JANUARY-JUNE 2008 VS. JANUARY-JUNE 2007   TEMPLETON                 SALES      AVG.DOM             HIGH             LOW           MEDIAN 2007 43 109 $260,000.00 $950,000.00 $587,000.00 2008 35 116 $280,000.00 $919,000.00 $503,000.00 2008/2007 -8 7     ($84,000.00) % DIFFERENCE -19% 6%     -14%   Among the three established communities in North San Luis Obispo County, Templeton's median home prices on stick-built single-family residences declined the least, by 14% from $587,000 to $503,000 in the first half of 2008 when compared to the same period in 2007. Home sales on these properties dropped by 19% from 43 to 35 during the first six months of 2008 versus the same period ... 08/22/2008