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CA Senate OKs real estate fee to fund more housing

The California state Senate has approved a new fee on real estate transactions to help generate hundreds of millions of dollars for affordable housing. The legislation passed Thursday would impose a $75 fee on documents such as deeds and notices, with a cap of $225 per transaction. The bill now heads to the Assembly. California is facing an affordable housing crunch, prompting lawmakers to look for...

17490 Poplar, Santa Margarita Price Reduction

17490 Poplar St, Santa Margarita Price Reduction!

17490 Poplar St, Santa Margarita Price Reduction to $934,000! https://www.theavenueslo.com/property/17490-poplar-santa-margarita/ Iconic SLO County Urban Ranch Estate in Garden Farms Own a piece if history in Garden Farms! Magnificent 100 year old historic Colony home on almost 1 acre. Detached guest house (makes a wonderful rental), carriage house (currently used as an office), recently rebuilt...

Big Sur State Park

Pfeiffer Big Sur State Park to reopen after 11 months

The long wait for access to Pfeiffer Big Sur State Park is just about over. You may still have a hard time getting there from the south, thanks to the mudslides on Highway 1, but the park itself is reopening Saturday, State Parks announced, after an 11-month closure. The park was closed during last summer’s Soberanes Fire and remained closed during this year’s heavy winter storms. State Parks...

Lopez Lake more than half full for the first time since 2014

Lopez Lake surpassed 50 percent capacity this week for the first time in almost three years. As of Tuesday, the reservoir held 25,887.2 acre-feet of water, or about 52.4 percent of its total capacity (the lake can hold about 49,388 acre-feet). That’s more than twice what was in the lake at the start of the year: on Jan. 1, the lake had an estimated 11,040.7 acre-feet of water, or 22.4 percent...

SLO City Council votes to suspend controversial rental housing inspections

BY NICK WILSON The San Luis Obispo City Council voted unanimously to suspend all new rental housing inspections and work to repeal the existing controversial Rental Housing Inspection Program after a town hall workshop Thursday night. Acting on the input of the majority of roughly 250 people who weighed in at the meeting through facilitated group discussions and public comment, the council directed...

SLO County’s median home price, sales hold steady for December 2016

The number of homes sold in San Luis Obispo County in December matched the number sold in the same month the previous year, while the median sales price of those homes also remained the same — $500,000. Total sales — including new homes, resale single-family homes and condos — tallied 389 in December, the same number of homes sold in December 2015, according to Irvine-based data...

15 and 30 Year Home Loan Rates

15 and 30 Year Home Loan Rates

15 and 30 Year Home Loan Rates Mortgage Bonds hovered near 2016 highs at the start of fourth quarter, keeping home loan rates near historic lows. Then the election happened. Stocks rallied, sending Bonds into a dive and driving home loan rates higher. Both Bond prices and home loan rates regained some footing and stabilized by the close of 2016. Despite ticking up, home loan rates are still in...

New York Times Highlights San Luis Obispo County

The Travel section of the New York Times has recently highlighted the fabulous lifestyle here in San Luis Obispo County. Accompanied by the above video, the article is called "36 Hours In San Luis Obispo, Calif." and takes the reader on a colorful journey looking at the best our wonderful part of the world has to offer. Please click here to read the full...

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