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Liz Ellis SLO County Real Estate BLOG

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  • My latest real estate gleanings from all corners of our beautiful San Luis Obispo County.

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Mortgage Rates for Week of March 15, 2010
Realtor Rate Sheet 3/15/10 (Rates Steady from last week) Conforming to $417k PRIMARY 1 pt. 0 pts. 30 yr fixed 4.75 5.0 15 yr fixed 4.25 4.375 10/1 ARM* 4.25 5/1 ARM* 3.5 5/1 I/O 3.625 RENTAL 5.25 Agency Jumbo to $687,500 PRIMARY Pts. 30 yr fixed 5.125 Read More...
Short Sales...A Better Way For Sellers
So far I've talked about how difficult short sales are from the buyer's perspective they are a huge waiting game with the lender possibly counter offering unreasonably at the end rather than accepting the offer, or rejecting the offer outright. Read More...
Mortgage Rates Look Great!
Here are the rates sent to me today from a great local experienced lender. Chrys and Larry Barnes at Pacific Capital Mortgage Here's their number: 541-5353 Realtor Rate Sheet 12/14/09 (Rates Mainly steady from last week) Conforming to $417k PRIMARY Read More...
Hope for Tax Credit Extension!
We're seeing some movement in the government to extend the $8,000 for first time people and may even include other than those who have not owned a home for the last three years ("first time home buyers). Passage by the House last week of a bill Read More...
Monday Morning Loan Rates from Chrys Barnes
Chrys Barnes with Pacific Capital Mortgage. 805-541-5353 Realtor Rate Sheet 10/5/09 (Rates Steady to slightly lower from last week) Conforming to $417k PRIMARY 1 pt. 0 pts. 30 yr fixed 4.625 4.875 15 yr fixed 4.25 4.375 10/1 ARM* 4.25 5/1 ARM* 3.5 5/1 Read More...
August 2009 Statewide Stats
August-09 Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year Aug-09 Jul-09 Aug-08 Jul-09 Aug-08 Statewide Calif. (sf) $292,960 Read More...
Rates as of Friday 9/25/09
These rates are from Harbor Home Loans...Thanks Clint Edwards...great local lender! Rates as of 9.25.09 Conforming High Balance Conforming 30 Year Fixed 4.75% @ 1 Point 5.125% @ 1 Point 5.00% No Points 5.375% No Points 15 Year Fixed 4.25% @ 1 Point 4.375% Read More...
Tax Credit Chart for First Time Home Buyers
Here’s a quick summary of the two tax credit laws: By the way, a first time home buyer is defined as one who has not owned a home in three years. HOMEBUYER TAX CREDIT FEDERAL CALIFORNIA (funds no longer available) Amount of Tax Credit 10% of purchase Read More...
Foreclosures drop...HAMP is helping homeowners
California Foreclosure Filings Drop Foreclosures "HAMPered" by Making Home Affordable Program 09/17/2009 Discovery Bay, CA, September 15, 2009 ForeclosureRadar, the only website that tracks every California foreclosure with daily auction updates; Read More...
Rates are GREAT!
I just received this information from one of the lenders I work with: 9-21-09 As of Monday, rates are steady from last week and still EXCELLENT! You'll find them in the high 4s for conforming owner occupied SFR purchases! Be sure you call for up-to-date Read More...
Message From a Great Lender...Rates are GREAT!
Hi, I just received this email from a great local lender I know. So much of what he has to say, I try to relay to my clients, so I thought I'd just let you read his email for yourself. Great information for the current lending environment. Hi Liz. Read More...
You can still buy and renovate with one loan!
Today is election day! I am thrilled and I hope you exercised your right to vote! After casting my ballot, I met with lenders from Wells Fargo for lunch and to discuss their loan products. I have been showing distressed properties that are either foreclosures, Read More...