The article below is courtesy of California Association of Realtors and the Sacramento Bee. Assessed property values across the state are being lowered as county assessor offices are releasing this year’s property tax rolls.  Again, San Luis Obispo County is performing better than many counties with a 1% decline in assessed value. For more information see below……Steve Hopkins
California Tax Assessments of Homes to go Down
If you own a …

The article below is courtesy of California Association of Realtors and the LA Times. When thinking of moving to California or relocating within the state, consumers should keep in mind that San Luis Obispo County has weathered the economic storm better than many counties in the state. SLO County is a highly desirable destination. The combination of coastal influence, vast open space, unlimited outdoor activities, culturally rich …

The one year anniversary of the HVCC (Home Valuation Code of Conduct) has just come and gone. For those of you who don’t know about the HVCC, it was created in an effort to protect consumers from fraudulent home appraisals. The article below, courtesy of California Association of Realtors and the LA Times, talks about the uncertainties still surrounding appraisals in spite of HVCC. Buyers …

After 21 months of consecutive year-over-year gains, the California housing market experienced its first sales decline since March 2008 when sales fell 24.4 percent. The seasonally adjusted annualized sales of existing single-family homes decreased 10.6 percent to 539,040 in January from 602,660 (revised) in the same month of last year. Sales dropped by 3.0 percent on a month-to-month basis when compared to December 2009. Despite …