California Coastal Real Estate
We speak from experience

Monthly Market Update

The latest insights on the SLO County real estate market, summarized in a few short minutes.

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We create optimal outcomes for our clients through honesty, integrity and a caring approach to their real estate experience.

California Coastal Real Estate, a boutique firm in the heart of the Central Coast, takes great effort to understand the needs and expectations of our clients. Whether buying or selling a property, our consultative approach enables you to make an informed decision on what may be one of the largest financial commitments of your life. Understanding the local markets and knowing a property’s full potential empowers you to make the best possible decision for you and your family. Discover California Coastal Real Estate today!

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Insider Report

The inside track on the SLO County real estate market
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SLO County Insights

2024 Housing Forecast

Economists for the California Association of Realtors recently released a 2024 housing forecast with their expectations and predictions for next year. While most of 2023 will be marked by low inventory, steadily increasing interest rates and declining affordability, should we assume anything will change? How did we get here? From the early 1960s through the…

Insurance Challenges and Changes

Obtaining homeowners insurance has become an increasingly difficult proposition in California and other high risk states, as many insurers have stopped writing new policies and are sending non-renewal notices to existing homeowners. The escrow process during a purchase allows 17 days as a standard timeframe for buyer due diligence, which is often focused on property…

Local Market Trends

With limited inventory and strong buyer demand despite increasing interest rates, many home buyers are getting creative making their offer as attractive as possible. While some warning signs of a slowdown are emerging, most sales in SLO County seem to be humming right along. Below are some of the terms I am often witnessing buyers…

Understanding Escalation Clauses

Given historically low inventory throughout California, many sellers are experiencing multiple offers situations as buyers have few options to choose from. As some buyers lose out time and time again, they often become more aggressive with their offer price and terms. This sometimes leads to a buyer including an escalation clause in their offer. Note…

Fire Insurance Tips

In California, what seems to be a permanent wildfire season has caused millions of homeowners in fire-prone areas to pay soaring premiums for insurance coverage. Alternatively, many homeowners are simply being dropped by their existing carrier. As the severity of wildfires increase, insurance companies are becoming more and more reluctant to renew insurance policies and…

Rent Relief for Landlords and Tenants

Whether it’s a health-related event or a significant financial hardship, COVID-19 has affected all of us. As the nation continues to recover, the state of CA is committed to keeping families housed and recognizes that renters and landlords have enough to worry about. By implementing the COVID-19 rent relief program, the state wants to make…

Development Spotlight: Ladera

Ladera at Righetti is a collection of 64 single family homes located at the south end of San Luis Obispo within the Orcutt Area Specific Plan. The Orcutt Area Specific Plan is an area that has been slated for residential development for the last few decades and a few years ago, construction of homes finally…

Proposition 19, Simplified

Proposition 19 Simplified With California voters passing Proposition 19 in November 2020, there are various provisions home buyers and sellers should be aware of when considering a move. Let’s take a look at some of the basics How does Proposition 19 change the rules on tax basis portability? Prop 19 allows a homeowner who is…

How to Win a Bidding War in a Hot Market

Given low interest rates and an overall lack of inventory to choose from, many buyers are finding themselves in multiple offer situations and bidding wars to get the home of their dreams. This often times give a Seller more leverage in negotiations, leaving Buyers to find creative ways to make their offers more attractive. Let’s…

September 2020 Real Estate Update

The California housing market continued to improve in August, with the median home price breaking $700,000 to hit a new record. August sales topped 465,400, the strongest pace in 10 years, and the second straight month over 400,000 as motivated buyers flooded the market. According to C.A.R.’s weekly data, home sales in California have fallen in recent…