Morro Bay, CA Real Estate News

Photograph taken in Morro Bay California by Robert Swetz 2-12-2011   This type of photograph with colored rings around the subject has happened to me several times when ever I take photographs around the (Ocean) where there is moisture. And it also happened one time when I was hiking on Mt. Charleston when the temperature cooled down and some moisture rolled in. This photograph has been untouched, what you see is what showed up when I downloaded it to my computer. I have some other pics where the colored rings are even stronger, but I think to over powering. Hearst Castle in California "Vegas Bob's first tour ... Vegas Bob's next move ...  Were has (Vegas Bob) been? ... Santa Monica California ... ;o) Hollywood California (Chinese Theater) Movie Stars Handprints & More Santa Barbara Ca...
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Photograph taken by Robert Swetz - Morro Bay California 2-11-2011 Vegas Bob's next move ...  Were has (Vegas Bob) been? ... Santa Monica California ... ;o) Hollywood California (Chinese Theater) Movie Stars Handprints & More Santa Barbara California (Ducks attacking Vegas Bob) "Good Night" Sunset from Morro Bay California "Friday Funnies" Vegas Bob talking with the Seals on the Pacific Coast ... ;o)
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What's your Morro Bay home is currently worth?  Click for a Free/No Obligation Market Analysis of your Morro Bay home. Current Year to Date Statistics as of 1/31/11:   Area                               Total Sales              Average Sales Price              Market Time Morro Bay  5                323,000               257 What will your home be worth in 2011? Based on the numbers for 2010, it would suggest that the Central Coast Market has stabilized.  Click here to see all the lastest sale numbers for SLO County.  Click to Visit My Website at SLOhomes4sale.com to view all current Morro Bay homes for sale!   "Mr. Statistics" Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS MORRO BAY HOME PRICES MORRO BAY HOME VALUES MORRO BAY HOMES FOR ...
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In spite of the abundance of bank-owned homes, foreclosures, and short sales, the Central Coast real estate market is up by 4 percent in sales volume for the first month of 2011.  The current year-to-date average price for a home in Morro Bay (as of 1/31/11) is $323,000 Click to receive the latest Morro Bay REOs, Bank Owned, and Short Sale listings by email Click to view my stats newsletter and website at SLOhomes4sale.com Or, call me direct at 805 235 3221   Paul Pickering, Broker Associate Bay Osos Brokers, CA DRE #00997005 "Your Morro Bay Bank Owned, REO and Foreclosure Expert"  Search Engine Keywords: MORRO BAY HOMES MORRO BAY REO PROPERTIESMORRO BAY FORECLOSURESMORRO BAY BANK OWNED HOMESMORRO BAY REPOSMORRO BAY CONDOS AND TOWNHOMESMORRO BAY BEACH HOUSESMORRO BAY REALTORSMORRO BAY L...
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By Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879
(Mint Properties, Lic. #01871795)
2010 Morro Bay Real Estate Market Update* It's the beginning of a new year, so many people are waiting anxiously to hear how many homes and condos were sold in Morro Bay last year, what the average sale price was, and how it compared to 2009.    Here you go: 2010                                              2009 111 Morro Bay Homes        108 Morro Bay Homes Average Sales Price $508,659 Average Sales Price $568,667 101 Days on Market    139 Days on Market $314 per square foot $343 per square foot 22 Morro Bay Foreclosures 22 Morro Bay Foreclosures 13 Morro Bay Short Sales    10 Morro Bay Short Sales       14 Morro Bay Condos, PUDS 11 Morro Bay Condos, PUDs Average Sales Price $348,464 Average Sales Price $428,136 71 Days on Market 102 Days on Market $291 per square foot $311 per square ...
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In spite of the availability of all the bank-owned homes, foreclosures, and short sales, the Central Coast real estate market showed significant signs of stability in 2011--particularly with overall sales volume in plus territory.  The current year-to-date average price for a home in Morro Bay is $508,000 Click to view my newsletter for other related Central Coast market statistics Click to receive the latest Morro Bay REOs, Bank Owned, and Short Sale listings by email Click to view my website at SLOhomes4sale.com Or, call me direct at 805 235 3221   Paul Pickering, Broker Associate Bay Osos Brokers, CA DRE #00997005 "Your Morro Bay Bank Owned, REO and Foreclosure Expert"  Search Engine Keywords: MORRO BAY HOMES MORRO BAY REO PROPERTIESMORRO BAY FORECLOSURESMORRO BAY BANK OWNED HOMESMOR...
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By Paul Pickering
(Bay Osos Brokers)
Interested in finding out what your Morro Bay home is currently worth?  If so,   click for a Free/No Obligation Market Analysis of your Morro Bay home. In the meantime, here is the total number of sales, average price, and number of days homes in Morro Bay spent on the market in 2010:    Area                               Total Sales              Average Sales Price              Market Time Morro Bay        111                 508,000               101 What will your home be worth in 2011? Based on the numbers for 2010, it would suggest that the Central Coast Market has stabilized.  Click here to see my year-end numbers for SLO County.  Click to Visit My Website at SLOhomes4sale.com to view all current Morro Bay homes for sale!   "Mr. Statistics" Paul Pickering Broker Associate, Bay Oso...
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By Paul Pickering
(Bay Osos Brokers)
If you are a Morro Bay home owner who may be interested in how selling a distressed home can affect your credit, click to the following link: "Short Sale & Foreclosure Affects on Credit." Depending on your situation, there may be an alternative to either but you must act quickly. You can call me direct at 805 235 3221 for a complete and confidential analysis of your distressed property situation. Or, Click to visit my website: SLOhomes4sale.com Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS MORRO BAY REAL ESTATE AGENT MORRO BAY BANK OWNED HOMES MORRO BAY SHORT SALES MORRO BAY REO MORRO BAY REAL ESTATE AGENT MORRO BAY FORECLOSURES MORRO BAY DISTRESSED PROPERTIES
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By Paul Pickering
(Bay Osos Brokers)
In spite of the availability of all the bank-owned homes, foreclosures, and short sales, the Central Coast real estate market is showing significant signs of stability-particularly with overall sales volume in plus territory.  The current year-to-date average price for a home in Morro Bay is $501,000 Click to view my newsletter for other related Central Coast market statistics Click to receive the latest Morro Bay REOs or Bankowned listings by email Click to view my website at SLOhomes4sale.com Or, call me direct at 805 235 3221   Paul Pickering, Broker Associate Bay Osos Brokers, CA DRE #00997005 "Your Morro Bay Bank Owned, REO and Foreclosure Expert"  Search Engine Keywords: MORRO BAY HOMES MORRO BAY REO PROPERTIESMORRO BAY FORECLOSURESMORRO BAY BANK OWNED HOMESMORRO BAY REPOSMORRO BA...
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By Paul Pickering
(Bay Osos Brokers)
Searching for . . . "MORRO BAY BANK OWNED HOMES, REOs, REPOs, or FORECLOSURES?"                                          If so, Click here to receive all Morro Bay Bank Owned Properties by Email, or Click to SEARCH all MORRO BAY HOMES under 300K Click to SEARCH all MORRO BAY LISTINGS from 300-500K Click to SEARCH all HOMES IN MORRO BAY over 500K Click to SEARCH recent MORRO BAY HOME SALES STATISTICS VIEW MY WEBSITE SLOHomes4Sale.com , or SEND ME AN EMAIL paul@SLOhomes4sale.com , I'll be happy to answer all of your questions!    Paul Pickering, Broker Associate Bay Osos Brokers, CA DRE #00997005 "Your Morro Bay Bank Owned, REO and Foreclosure Expert"  Seach Morro Bay Neighborhoods: ATASCADERO BEACH BAY PINE BEHIND SPENCER CLOISTERS EL MORRO ESTERO RV PARK HARBOR FRONT HARBOR TRACT HEIGHT...
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By Paul Pickering
(Bay Osos Brokers)
As of 11/1/10 local home sales volume is up by 8 percent (when comparing the previous two 12-month periods), and The Average Central Coast home price is $475,000* Click to view the most recent Morro Bay sales stats Click to view all available homes in San Luis Obipso County  Click to visit my website: SLOhomes4sale.com Or, call me at 805 235 3221. * based on SFR averages from Paso Robles (w/in city limits), Templeton, Atascadero, San Luis Obispo, Cayucos, Morro Bay, Los Osos, Pismo & Grover Beach, Arroyo Grande and Oceano, only.  Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS Morro Bay HOME PRICES Morro Bay HOMES FOR SALE Morro Bay HOME SEARCH Morro Bay HOMES Morro Bay CONDOS FOR SALEMorro Bay REAL ESTATE FOR SALEMorro Bay REALTORS Morro...
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By Sherry Peckhoon Sim, Broker/Owner, Covering the Beautiful Central Coast
(Sims & Company)
With the exception of home sales, a review of the home sales from 2005 to 2009 in Morro Bay reveals a slow down in median sale prices and decline in yield to sellers.  The issues are compounded by the length of time needed to sell a home in Morro Bay today.                        As shown in the graph below, median sale price decreased every year from 2005, dropping by 1% to $599,000 in 2006; and by 10% to $539,000 in 2007.  By end 2009, the median price had dropped to $463,000.   The decline could be attributed to increased sales of more lower-priced homes.                      Sellers also received less money as the sale price-to-list price ratio fell from 97.27% in 2005, to 93.2% in 2009.            While prices did decline, the number of sales appeared to be improving.  In 2005, the...
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By Paul Pickering
(Bay Osos Brokers)
  The California Association of Realtors (CAR) in releasing its California housing market forecast for 2011 is projecting small increases in both home sales and the median home price . . . .  Click to View entire CAR 2011 Economic Report  Click to View current the latest Morro Bay homes Sales Stats  Click to View my website SLOhomes4sale.com Or, call me direct at 805 235 3221  Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS MORRO BAY REAL ESTATE AGENT MORRO BAY HOME VALUES MORRO BAY HOMES FOR SALE MORRO BAY HOME PRICES MORRO BAY  REAL ESTATE AGENT MORRO BAY REAL ESTATE BROKERS
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 Looking for the best deal as a buyer? If so, your best bet is on a Morro Bay home that's a bank-owned REO. Find out why . . .   Click link for the latest facts: http://slohomes4sale.com/content/article.html/2468818/Bank-Owned-REO-Homes-vs.-Short-Sales- Click to receive all Morro Bay REO homes via Email Click to view the most recent Morro Bay home sales stats Click to visit my website: SLOhomes4sale.com Or, call me direct at 805 235 3221 Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS MORRO BAY REAL ESTATE AGENT MORRO BAY BANK OWNED HOMES MORRO BAY SHORT SALES MORRO BAY REO MORRO BAY REAL ESTATE AGENT
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By Paul Pickering
(Bay Osos Brokers)
As of 10/1/10 local home sales volume is up by 6 percent (when comparing the previous two 12-month periods), and The Average Central Coast home price is $475,000* Click to view the most recent Morro Bay sales stats Click to view all available homes in San Luis Obipso County  Click to visit my website: SLOhomes4sale.com Or, call me at 805 235 3221. * based on SFR averages from Paso Robles (w/in city limits), Templeton, Atascadero, San Luis Obispo, Cayucos, Morro Bay, Los Osos, Pismo & Grover Beach, Arroyo Grande and Oceano, only.  Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 SEARCH ENGINE KEYWORDS Morro Bay HOME PRICES Morro Bay HOMES FOR SALE Morro Bay HOME SEARCH Morro Bay HOMES Morro Bay CONDOS FOR SALEMorro Bay REAL ESTATE FOR SALEMorro Bay REALTORS Morro...
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By Myrl Jeffcoat, Greater Sacramento Realtor - Retired
(Slide Show contains 10 images)Last week while traveling along the California Coast, I came upon a moment at Morro Bay that presented frustration.  Morro is known for its population of adorable Sea Otters.  I had hoped to use the camera while spying on their lives, as they frolicked in the bay near the power plant.  They were off shore, but close enough to observe their activities, which included babies riding around on mama's chest - Cute stuff like that! There was additional activity with friendly ground squirrels at our feet.  However it was quite overcast that morning, and the gray of the sky was blending with darkness of the water, and not creating the best opportunities for photographing the adorable otters.  Although, I was using my 70 x 300mm lens, and could reach the distance o...
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By Paul Pickering
(Bay Osos Brokers)
Remember when people were saying:  "Morro Bay home prices will never fall?" Now they're saying that interest rates will "never go up."  Interest rates-- as with home prices-- are cyclical.  And, with the growing national debt, the Fed will be forced to raise the current rates that, in my opinion, are artificially too low.     Whether its your first home, second home, or rental property, a long term real estate purchase is still one of the best investments you can make these days.  Seize the opportunity with today's low rates before they are raised in the near future.    To view current mortage rates, click the rates link to my website at slohomes4sale.com  or, Click to Search All Available Homes in San Luis Obispo County!  Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License...
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By Paul Pickering
(Bay Osos Brokers)
If your home isn't priced correctly, and if rates go up, it will fall further behind what I call the "affordability index."  It's still going to be a good year to sell a home-providing you have a competitive price and a good marketing plan.  If you want to sell, call me and we'll put an effective listing price and plan together!  If you would like a current estimate of the value of your home,  . . .  Click to Search Your Home's Value with My Free Market Analysis    Click to Visit My Website at SLOhomes4sale.com to view all current Morro Bay homes currently for sale!     "Mr. Statistics" Paul Pickering Broker Associate, Bay Osos Brokers CA DRE License #0997005 MORRO BAY HOME PRICES MORRO BAY HOME VALUES MORRO BAY HOMES FOR SALE MORRO BAY HOME SEARCH MORRO BAY HOMES MORRO BAY  MARKET ANAL...
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By Paul Pickering
(Bay Osos Brokers)
Interested in finding out what your Morro Bay home is currently worth?  If so,   click for a Free/No Obligation Market Analysis of your Morro Bay home. In the meantime, here are the latest year-to-date sales numbers, averages prices, and number of days homes in Morro Bay are currently spending on the market (as of 1/1/10):    Area                                 Total Sales         Average Sales Price           Market Time Morro Bay                                47                        524,000                      101 Stats are for single family homes and are derived from the Central Coast Multiple Listing Service and are subject to change & copyright law.  Copyright 2010.  Click to Visit My Website at SLOhomes4sale.com to view all Morro Bay homes currently for sale!     "Mr. Statist...
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By Shirley Hulin
(Century 21 Hometown Realty)

The Los Osos Bear graduated from Morro Bay High School with Honors with an honorable mention for his dedication with the Grizzly Academy.  Los Osito as he is affectionately know will stay close to home for college and work on a local archeological project with the CA Fish & Game Department at the Morro Bay Estuary on Turri Road.  

 

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