We need more listings

Our company has grown from 100 agents to more than 300 over the past few years. You have probably see more Century 21 Hometown Yard Signs than any other local company. We have had to open offices in nearly every town on the central coast to support the growth. Century 21 Hometown Realty is currently working with more than 850 buyers company wide. There are only 994 listings available -...

Is the list price the sales price

Century 21 Hometown Realty has 300 properties for sale in company inventory today. There are about 1000 single family homes listed in the region. The top 10 brokerages in CCRMLS combined to sell about 400 homes. Century 21 Hometown sold around 100. By all accounts, the county only has two to three months of inventory. If you are searching for a home in a specific town or for a specific...

New Home Inventory at Record Lows

The National Associaton of REALTORS published a report on housing inventory today that provides an interesting national picture of what is happening in real estate. The most remarkable piece of the report was the new housing inventory report. According to sources Census Bureay and Haver Analytics, Inventory of New Single Family homes is at its lowest level in 50 years. According to Jack Hardy, CEO of Century 21 Hometown, "Inventory...

Bakersfield Real Estate poised for record appreciation

Bakersfield finds itself in a very interesting situation. As one of the areas of the United States that faced the greatest challenges during the housing recession, they are now poised to experienced the third highest growth in property values according to economists. In a statement released today by economist Stan Humpries of Zillow , "The housing market has finally turned a corner. In Q2, we saw continued momentum in the housing recovery,...

5 Great Tips for Buying a Home

With great opportunities abounding in the housing market and historically-low interest rates still intact, consumers can secure record-breaking values on a home purchase, according to New York-based real estate attorney Adam Leitman Bailey. “Incredible deals are on the market and ready to be made, but only for those buyers who know how to seize them,” says Leitman Bailey, author of the New York Times best-selling book, “Finding The Uncommon Deal”...

San Luis Obispo Tribune honors Hometown Realty

Century 21 Hometown Realty is a humble company by nature. Like all people and companies we enjoy accolades, and we appreciate the opportunity to express our gratitude to the customers, managers, staff, and our sales associates that all contribute to our business success. As every homeowner knows all too well, the past three years have been brutal  to housing. Families have lost homes. Real Estate brokerages have failed. Lenders have...

Bank of America may reduce your loan principle

If your mortgage is owned by Bank of America, you may get a pleasant surprise in the mail in the next few days. The bank has started reaching out to more than 200,000 borrowers who may be eligible to receive partial loan forgiveness. Those who qualify will save about 30 percent on their monthly mortgage payments. The first letters have been mailed this week, the lender says. So here is...

Want to know what spring homebuyers are thinking?

PARSIPPANY, N.J. 06-21-2012 — Century 21 RealEstate LLC, the franchisor of the world’s largest residential real estate sales organization, today announced the results of its Spring home buying survey, conducted online by Harris Interactive.  The survey revealed that non-homeowners are more likely to make sacrifices to own their dream home. U.S. adults who are currently renting feel more affected by today’s housing market conditions. Of non-homeowners, 82 percent indicated they plan...

Making the Summer Move

With the kids out of school, it’s no wonder that summer is the most popular time of year for families to move. Here are some tips to offer your clients as they prepare to move to a new home during the summer months. With some advance planning, they will be able to spend less time moving in and This will help you remain calmer and complete the unpacking process more...

Credit Scores for Home Loans

If you are planning to finance or refinance your home, you need to understand a thing or two about what is happening in the mortgage universe. As you may already know, the mortgage industry had very low standards for consumer credit ratings and home loan downpayments a few years ago. The story on the street was that if you had a pulse, you could get a home loan with no...