Wahoo! The weekend is here. Beautiful weather too. Have a great weekend and check back here Monday for all the news. In the meantime, Click here for the open house list for this weekend and click here for week ending rates from Guy Rivera at Guarantee Mortgage in Solvang and Santa Barbara. Also for you numbers geeks out there, First American produces these weekly reports that you might find fascinating in a geeky sort of way. These are weekly reports that talk about pricing, inventory, sales, rental values, buyer or sellers market etc. I have them broken down into town or city and I'll be posting them whenever the reports are emailed to me. These reports are from a few days ago:
567 Rosenvej, Solvang (3/4 on .32 of an acre) Was $1,125,000 with a new price of $1,095,000. Nice reduction after only 24 days on market. Why let it linger? Serious sellers react to the market, showing feedback and reality checks. I like it! Great strategy and its like free advertising. Anyone watching this property on Zillow etc. or with saved searches here in this price range will get an email. It pops back up on our radar on the MLS. The ripple effects of a price reduction should not be underrated. That being said, a whole string of tiny reductions is just plain annoying. Nice meaningful reductions, like this one and larger, are really a wonderful tool in the selling toolbox.
30 Bear Creek, Buellton (3/2 on .11 of an acre) Listed at 575K and sold final for 570K. This is the model with a little over 1200 square feet. Some upgrades and nicely maintained.
**Click on each hyperlink to see the listing agent related to each property. Property links may not open if you are using Internet Explorer as your browser. If you aren't already, please ask to be on my Daily Real Estate Update email list to receive the complete blog post with pics and aerials sent to you daily via email versus you having to remember to check my website or Facebook. Due to recent copyright issues, pics only appear on the email version. The identity of those on my list is not shared and I don't spam anyone. My daily updates are not a complete list of everything that happened today but instead events the general reader might find interesting or items you need to know to make good decisions. Readers should consult other venues of information gathering to find out more or to complete their information gathering efforts but this is a great place to start and I write every day Monday through Friday letting you know what I know. Transactions noted here were completed by myself and other Realtors.
Sharon Currie | Realtor BRE#01357602
Berkshire Hathaway Home Services BRE#01317331
Physical: 2933 San Marcos Ave #102, Los Olivos
Visit me on Facebook https://www.facebook.com/SYVRealEstate/
Wire Fraud Advisory: Never wire money to a source you have not confirmed verbally with the recipient. Wiring instructions will never be sent by me. Only accept them from a reliable confirmed source.