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Los Osos, CA

Los Osos Home Prices & Values

Paul  Pickering: Real Estate Agent in San Luis Obispo, CA

Interested in finding out what your Los Osos home is currently worth? If so,

click for a Free/No Obligation Market Analysis of your Los Osos home.

In the meantime, here are the latest year-to-date sales numbers, averages prices, and number of days homes in Los Osos are currently spending on the market (as of 1/1/10):

Area Total Sales Average Sales Price Market Time

Los Osos 5 375,000 91

Stats are for single family homes and are derived from the Central Coast Multiple Listing Service and are subject to change & copyright law. Copyright 2010.

Click to Visit My Website at SLOhomes4sale.com to view all current Los Osos listings!

"Mr. Statistics" Paul Pickering

Broker Associate, Bay Osos Brokers

CA DRE License #0997005

SEARCH ENGINE KEYWORDS

LOS OSOS HOME PRICES

LOS OSOS HOME VALUES

LOS OSOS HOMES FOR SALE

LOS OSOS HOME SEARCH

LOS OSOS HOMES

LOS OSOS MARKET ANALYSIS

LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS

Los Osos Foreclosure Update

Paul  Pickering: Real Estate Agent in San Luis Obispo, CA

According to a recent survey from Foreclosure Radar, a leading web-based research firm that monitors foreclosures in California, the number of foreclosures in California decreased in December '09 as compared to December '08.

When comparing SLO County to other counties with in the state, however, the number of foreclosures actually went up when comparing December '08 with '09.

However, when comparing the volume of foreclosures in San Luis Obispo County with other counties within the state, SLO County barely registers. This, in large part, can be credited to the county's geographic location, but most importantly, to its ridged control over growth.

If an educated conclusion can be drawn from this industry survey, volume should be used as the most import factor as it applies to evaluating the overall health of one particular real estate market. It's also reassuring to know that cities like Los Osos, and SLO County in general, seem to be weathering the foreclosure storm a lot better than many other areas within the state.

Click to View Foreclosure Radar's Survey

Click to View my Website at SLOhomes4sale.com

Click to View my Article: "Shortsales vs. REOs: which is best?

Click to Send Me an Email

"Mr. Statistics" Paul Pickering

Broker Associate, Bay Osos Brokers

CA DRE License #0997005

SEARCH ENGINE KEYWORDS

MORRO BAY HOME PRICES

MORRO BAY HOME VALUES

MORRO BAY HOMES FOR SALE

MORRO BAY HOME SEARCH

MORRO BAY HOMES

MORRO BAY ANALYSIS

MORRO BAY FORECLOSURES

MORRO BAY BANK OWNED HOMES

MORRO BAY CONDOS FOR SALE
MORRO BAY REAL ESTATE FOR SALE
MORRO BAY REAL ESTATE AGENTS

Top Five Real Estate Mistakes to Avoid in Los Osos for 2010

Paul  Pickering: Real Estate Agent in San Luis Obispo, CA

1. "Over Pricing Your Property:" Always be sure to look at my local area statistics so you can stay on top of what's happening in your area of the Central Coast.

Click to View my "Local Los Osos Home Sales Statistics."

2. "Not Looking for Good Deals:" I have access to virtually all bank-owned homes (REOs) on the Central Coast. Call me and I'll put an REO specific property search together for you!

Or, Click to Search the Central Coast MLS for Homes and Land.

3. "Purchasing a Cheap Foreclosure:" While foreclosures can offer homebuyers big discounts, these homes sometimes come with a great deal of deferred maintenance in the form of repairs requiring thousands to correct.

4. "Not Using the Government's Home-buying Tax Credits:" Specifically, $6,500 for "move-up" buyers and $8,000 for first-time buyers.

5. "Avoid Short Sales:" Don't get involved with these unless there's only one recorded trust deed. If price really matters, concentrate on REOs (bank-owned homes); this is where the real bargains are in today's market.

Click to View my Article: "REOs vs. Short Sales, which is best?

Click for a Free/No Obligation Market Analysis of your Los Osos home

Click to Visit My Website at SLOhomes4sale.com

Paul Pickering

Broker Associate, Bay Osos Brokers

CA DRE License #0997005

SEARCH ENGINE KEYWORDS

LOS OSOS HOME PRICES

LOS OSOS HOME VALUES

LOS OSOS HOMES FOR SALE

LOS OSOS HOME SEARCH

LOS OSOS HOMES

LOS OSOS MARKET ANALYSIS

LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS

Los Osos Home Values and Prices

Paul  Pickering: Real Estate Agent in San Luis Obispo, CA

Interested in finding out what your Los Osos home is currently worth? If so,

click for a Free/No Obligation Market Analysis of your Los Osos home.

In the meantime, here are the latest sales numbers, averages prices, and number of days homes are currently spending on the market in your Central Coast Area!

Area

Total Sales

Average Sales Price

Market Time (days)

Cambria

93

729,000

128

Cayucos

26

773,000

114

Morro Bay

96

574,000

137

Los Osos

113

436,000

97

San Luis Obispo

194

618,000

90

Pismo Beach

62

815,000

117

Arroyo Grande

200

554,000

102

Grover Beach

83

347,000

95

Oceano

29

307,000

97

Nipomo

182

424,000

94

Atascadero

246

404,000

91

Paso Robles*

314

323,000

94

Templeton

86

689,000

136

All stats are for single family homes. *Stats for Paso Robles include those within city limits only.All stats are derived from the Central Coast Multiple Listing Service and are subject to change & copyright law. Copyright 2009

Click to Visit My Website at SLOhomes4sale.com

"Mr. Statistics" Paul Pickering

Broker Associate, Bay Osos Brokers

CA DRE License #0997005

SEARCH ENGINE KEYWORDS

LOS OSOS HOME PRICES

LOS OSOS HOME VALUES

LOS OSOS HOMES FOR SALE

LOS OSOS HOME SEARCH

LOS OSOS HOMES

LOS OSOS MARKET ANALYSIS

LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS

Los Osos Short Sale Homes: "Just Say NO!"

Paul  Pickering: Real Estate Agent in San Luis Obispo, CA

If you are looking at a "short sale" home to purchase in Los Osos, but the seller (or borrower) has a 1st trust deed and a 2nd, the likelihood of both lenders working out a solution is slim to none-particularly if a home's value has continued to diminish during the short sale process (typically 6 months or longer).

So you know, a successful short sale on a home with both a 1st and 2nd trust deed is entirely contingent on the 2nd trust deed recouping a minimum of 10 percent on the current loan's balance. Furthermore, the actual close-of-escrow-ratio of homes being sold through a short sale process is less than one percent.

Don't confuse REOs or Foreclosures with Short Sales. For more information on the pitfalls of Short Sales,

Click to read my entire Short Sale Advisory

Click to View My Recent Home Sales Statistics or

Click to View My Website

If you are tired of putting offers in on homes offered as "short sales," only to see them fail, please contact me and I'll be glad to help you find the perfect non-short sale property.

"Your Local Buyer's Broker"

Paul Pickering, Broker Associate

Cell: 805 235 3221, or paul@slohomes4sale.com

Bay Osos Brokers, CA DRE license #00997005

KEY WORDS:

SAN LUIS OBISPO COUNTY SHORT SALES

LOS OSOS SHORT SALES

LOS OSOS BANK OWNED HOMES

LOS OSOS REAL ESTATE BROKER

LOS OSOS HOMES FOR SALE

LOS OSOS BUYERS BROKER/AGENT