The Villas At Bella Terra

Welcome to "​The Villas at Bella Terra"​ in beautiful Nipomo, San Luis Obispo County, California. The Villas at Bella Terra​ 16 new single-family homes are ​located at 783. W. Tefft Street, just one mile west of U.S. 101 and convenient to Nipomo shopping centers, banks, parks, and restaurants. Matt Owens Construction is the builder for the development. Original development of this housing project began in 2006, but development was halted... Read More

Record Prices and Low Inventories Reduced April Home Sales

 Homes are Selling Twice as Fast in Central Coastal Counties   Arroyo Grande, CA – May 24, 2017—Record home pries coupled with chronically low inventories of homes for sale contributed to curtailing home sales in California’s Central Coastal Counties in April.  Despite difficult conditions for home buyers, demand remained strong and properties sold in a median of 20 days or less in San Luis Obispo, Santa Barbara, and Ventura Counties—about... Read More

Low Inventories Create Ideal Sellers’ Market

Homes Sell Faster Despite Lower Sales in Central Coastal Counties Arroyo Grande, CA – April 17, 2017—New listings picked up in California’s Central Coastal Region in March but not enough to fill the deficit of homes for sale as the spring home buying season opened. Throughout the region, homes are selling 5 to 10 percent faster than they were a year ago, creating ideal conditions for sellers planning to list... Read More

Century 21 Hometown Realty wins top award out of 7,000 franchises

  Century 21 Hometown Realty has received the 2016 Art Bartlett 2100 Cup Award, which is given by Century 21 each year to a company that demonstrates the highest level of leadership, customer service and professionalism. Pictured here are Hometown Realty executives, left to right, Chris Gallagher, chief financial and IT officer; Amy Gallagher, broker of record; and Jack Hardy, president and CEO.   Century 21 Hometown Realty has received... Read More

Regional Home Sales Stabilized in February

Central Coastal Inventories Fell to Five-year Lows Arroyo Grande, CA – March 14, 2017— February home sales rose slightly from January lows as new listings failed to keep pace with demand and inventories of homes for sale in California’s Central Coastal counties fell to five-year lows.  Supplies in the Ventura region increased marginally from record lows in December as sellers took advantage of higher prices and shorter days on market.... Read More

January Regional Home Sales Open 2017 on Upbeat

Inventories Trail 2016 Despite New Listings Arroyo Grande, CA – February 16, 2017— January home sales in the Central Coastal and Ventura regions opened the new year on a strong note as sales topped last January’s totals. As demand picked up in what is traditionally the slowest month of the year for sales, new listings struggled to replenish depleted inventories of homes for sale. Annualized sales rose 12.5 percent in... Read More

December Central Coastal Home Sales Ended 2016 Quietly

Prices Soared to New Regional Record Arroyo Grande, CA – January 23, 2017— December home prices ended the year by setting a Central Coastal regional record even though sales quieted down after rising 25 to 30 percent Central Coastal and Ventura Regions in February.  In the Central Coastal counties the year closed with median prices 9.8 percent higher than they were in December 2915 and 3.3 percent higher in the... Read More

Central Coastal Home Sales Soared in November Despite Shrinking Inventories

Regional Fall Sales Enjoy Late Season Boost   Arroyo Grande, CA – December 19, 2016— November home sales in Central Coastal and Ventura Regions rose 25 to 30 percent above 2015 levels as buyers took advantage of historically low interest rates before they shot up over 4 percent following the election.  Despite inventories of homes for sale at yearly lows, the combination of strong demand and short supplies kept prices... Read More

Central Coastal Home Prices Consolidate Gains as Sales Fall to Seasonal Levels

October Sales Decline in San Luis Obispo and Ventura Counties as Santa Barbara County Enjoys Late Season Expansion  Arroyo Grande, CA – November 16, 2016— October home sales fell across Central Costal housing markets by 6.5 percent and are slightly below levels of a year ago, but prices remain above 2015 levels as they consolidate gains realized in the spring and summer months. Sales and prices declined in San Luis... Read More

Home Sales Slowed in Central Coastal Counties in September

Prices Remain Above 2015 Levels in San Luis Obispo, Santa Barbara and Ventura Counties   Arroyo Grande, CA – October 20, 2016— With the end of the summer home sales season, September home unit sales fell a modest 4.1 percent in California’s Central Coastal Counties and remained close to levels of a year ago.  The total dollar volume of sales remained 6.5 percent above September 2015 totals.  The market demand... Read More