Our mailing Address is 1121 W Valley Blvd, Ste I-319, Tehachapi CA 93561. Make sure you note the address at which we will meet you for your appointment.
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Mailing Address is 1121 W Valley Blvd, Ste I-319, Tehachapi CA 93561. Make sure you note the address at which we will meet you for your appointment.
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Musings on Life in Tehachapi

I was visiting friends in the San Francisco Bay Area recently and, not surprisingly, the subject of real estate came up.  If you’ve been living under a rock, you may not be aware that Tehachapi and Kern County real estate values are not as high as they were a few years ago.  Well, the same thing is true in the Bay area.  Although Bay Area real estate is nowhere near as high as it was a few years ago, it’s still really high compared to Tehachapi and Kern County real estate.

Just in case you are wondering, local real estate prices have been stabilizing, and in some communities even increasing, here recently.  That’s good news of course, but there’s even more good news to be had.

The Bureau of Labor Statistics released their latest Occupational Employment and wages survey.  The survey results are good for Kern County and, by extension, Tehachapi.  The survey reports the average hourly wage  nation-wide is $20.90 per hour in eight of the twenty-two major categories.  The same survey identifies the average wage in Kern County at $20.40.  Isn’t it nice to know that Kern County wages are so close to the national average?

Let’s take that one step further and bring it back around to real estate.  I started off talking about how high the real estate prices are in the Bay area.  Compare that to Tehachapi and Kern County real estate prices and we definitely have a bargain here.  Add in the fact that the Kern County wages are so close to the national average and it reinforces what a great place this is to live!

For more on this story, click here.

Does the Kern County wage average surprise you?  On the fence about investing in real estate?  Share your thoughts below, or use the Contact page and phone, fax or email me with your thoughts and/pr questions.

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Real Estate Market Snapshot

The California Association of REALTORS® offers many benefits to its members.  CAR also provides outreach to consumers in the form of Market Snapshots.  This one is for May 2010.  It offers a one page overview of what’s going on in the real estate market.

The CAR perspective is statewide.  How do you think the statewide perspective compares to current conditions in Tehachapi or Kern County?

If you are thinking about buying or selling a home, this is important information that could help with your decision.  One of the most important aspects of your real estate transaction may well be the research you do before you begin a transaction.  For tips on your transaction use the  form on the Contact page, or feel free to call with any questions.

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Working Together Works!

There’s been a lot of discussion, rallying, support, emails, phone calls, and more in an effort to keep the Stallion Springs Fire Station open.  In case you missed it, there was a good chance that it was going to fall to the Kern County Supervisors budgetary axe.  I’m please to report that all the hard work worked!

I received this email this morning from Susan Mueller:

THANK YOU FOR YOUR SUPPORT AND YOUR COMMUNITY SPIRIT!!!! THE FIRE STATION WILL NOT CLOSE!!!! We had some 100 residents from Stallion Springs, Bear Valley, Fairview Ranches. Alpine and surrounding areas at the Supervisor’s meeting.  All your letters, phone calls and emails worked.  Our Fire Station will not close. What a wonderful community we have.  I knew that when I moved here 13 years ago.  I’m proud to be a part of anything that works positively together for the good of all the people. Thank you again and again!!  You are AWESOME!

I agree!  Let’s keep working together for our community.

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Tehachapi Home Buyers Tip of the Week

What you should know about buying a home in Stallion Springs, Tehachapi, or anywhere in Kern County:

One of the most important aspects of home buying is financing your new home.  Most folks tend to treat financing as an afterthought.  Here are some tips that will help you be prepared:
  • Many lenders currently require down payments of 20 percent or more. One benefit of larger down payments is that you owe less money and usually receives better terms on your mortgage loan. If your down payment is less than 20 percent, most lenders require you to purchase private mortgage insurance, depending on the nature of the loan.
  • You can determine the down payment required by the lender as part of the pre-approval process. The pre-approval process is typically a free service where a lender evaluates your financial situation and determines the terms of the loan it is willing to offer. Most housing experts recommend that you get pre-approved prior to searching for a home.
  • Make sure you understand the difference between getting pre-approved and pre-qualified.  Often a pre-qualification does not provide any assurance that your loan really is feasible.

If you need help finding a reliable lender for your pre-approval before you start looking for your new home in Kern County, please contact me.  I can provide contact information for local lenders that will be happy to speak with you.

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