| Helping People Live the Paso Style; Real Estate News, Events, Wine, Food, Living | December 2009 |
WINE NOTES(Local Wine and Real Estate News) |
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Winery Row!The wine tourism business could be taking a major step forward with the approval of a new business park near the Paso Robles Airport, Winery Row.The wine business is difficult and capital intensive as most of you know. Its a balancing act to have a tasting room convenient for tourist and a winery production facility for wine production. Many wineries now have tasting rooms in the Paso downtown, but have the high cost of custom crush or a separate winery facility. A winery and tasting room in the county is ideal, but the cost of acquiring land and entitlements is beyond the means of most, especially newer, wineries. The other possibility is leasing commercial space for the winery, but most commercial space doesn't lend it's self to a pleasant tasting room experience. And virtually no winery wants to be isolated away from the traditional tasting room circuit. Winery Row is poised to solve those problems. The target concept of this development is to build self contained winery and tasting room facilities for the small to medium size winery, together in one location. By congregating a group of wineries and tasting rooms in one location it has potential to achieve a critical mass attracting wine tasters for the convenience of tasting multiple small wineries at the same location. For the winery owner it offers the chance to lease a facility designed for wine tasting and production without the huge capital requirements it currently takes. Go to wineryrowpaso.com for more information, or give me a call. |
Quick Real Estate Stats:(California) |
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WINE and LOCAL TRIVIA |
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(Please visit http://www.pasostyleliving.com for the answer) |
Naming
anything is always a challenge. Naming a winery has to
be an even greater challenge. Two wineries have chosen
names which are a bit unusual: Linne Calodo and
Calcareous. What do these names have in common?
PASO STYLE LIVING REAL ESTATE (Local Real Estate Market Conditions) |
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Real Estate Up, Down, and Around:Ups and downs, Yes, that's Real Estate. The SLO Tribune reported today that based upon data from DataQuick the sales volume and median sales price were down. My initial thought was to disagree, but looking at November 2008 compared to November 2009, my data is consistent with DataQuick. The reason for my initial disagreement is looking at November compared to October month over month data we've seen an increase in sales volume and average price.To recap my market assessment; Homes below the average are selling well, homes above the average are moving slow. I'm sure most will think it's a simple cost reason, but it's more complex. Higher priced homes require more down payment than most people have available in liquid assets. So most people buying a home must sell their home to have the down payment required to buy a higher priced home. The "Moving Up" segment of buyers has always been a significant portion of the Real Estate market. The "Moving Up" segment has virtually disappeared in the current market. Until people are comfortable they can sell their current home they are not going to be in a position to "move up". The "Worker, Homeownership and Business Assistance Act of 2009" has the potential to improve the "moving up" market segment. Under this new program, existing home owners now can receive a tax credit for the purchase of a new or existing home before May 1, 2010. This may be the stimulus needed! If you would like to discuss selling your existing home or buying a new home, give me a call.
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REAL ESTATE HOT LIST (Special Properties for Sale in the Paso Wine Country) |
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Lowest price Single Family Residential Property
● Most Expensive Single Family Residential Property The above properties are listed in the Central Coast MLS and may or may not be listed by Home and Vineyard Real Estate Brokerage. The presentation of this information is not meant to imply any advertisement of these properties. |
FOOD CORNER (Personal Recipes and Favorite Restaurants of the Paso Wine Country) |
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Almond Brittle | ||||||||||||||||||||||||
With Paso's rich history as one of the past largest
Almond producing regions in the world, what better way
to celebrate the holidays than with Almond Brittle.
Combine Sugar, Syrup & Salt, Microwave for 4 min. stir in almonds, Microware for 2 add'l min. Add remaining ingredients, stir and spread on a greased pan to cool. Enjoy! |
FEATURED LISTING |
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2697 Bridle Trail LN |
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LAKE STYLE LIVING Beautiful, near new Home in Heritage at Lake Nacimiento. This 2000 sqft, 3 BD, 2 BA home has vaulted ceilings with lots of natural light. The open floor plan kitchen and Den provide great entertaining possibilities. The covered Patio is ready for those lazy summer evenings. www.2697bridletrail.info |
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| Ron Johnson Broker, RealtorŪ (805) 423-1902 www.PasoStyleLiving.com |
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 945 12th Street, Suite F PO Box 1981 Paso Robles, CA 93447 www.PasoStyleLiving.com |