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Events:
25th
Annual Wine Festival
Yes, it's time for the Paso Robles Wine Festival.
The Paso Robles Wine Festival,
May 18-20, is the perfect
opportunity to experience the distinct, different wines of Paso Robles, ask
questions and converse with winemakers in a casual, relaxed atmosphere.
The biggest wine event for Paso Robles and now considered the largest
outdoor tasting event of it's kind in California. It's the perfect
time to taste the fine wine from over 90 wineries.
Held in the Paso Robles City Park it is a great opportunity
to experience what Paso is and why many refer to it as "Darn Near Paradise". |
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Quick Real Estate Facts:
(Calif) |
Median home price -
$580,090 |
Highest median home price
Santa Barbara So. Coast $1,200,000 |
Lowest median home price
High Desert $320,830 |
Mortgage rates - week ending 3/22:
-30-yr. fixed: 6.17%; Fees/points: 0.5%
-15-yr. fixed: 5.89%; Fees/points: 0.5%
-1-yr. adj: 5.45%; Fees/points: 0.7% |
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Local
News:
(Local RE and Wine News)
You're going to see more wineries popping up:
Heart Hill. Heart Hill is an
icon along Hwy 46 West where a grove of Oak trees form an
almost perfectly shaped heart. Niner Winery has
received approval from the The San Luis Obispo
County Planning Commission for a Conditional Use
Permit. This will allow them to proceed with their planned
70,000 sqft production winery, 19,000 sqft Boutique winery,
and 11,000 Tasting Room and Hospitality center. The
production winery will be located on Anderson Road nearby.
This will be one of the winery showplaces for Paso when
constructed. It's planned design utilizes gravity flow
design techniques similar to Opus One.
Ed
Sellers Tasting Room and Winery. Ed Sellers has gained County
Planning Commission Conditional Use permit
approval for the construction of a 18,000 winery and 2100 Tasting room
on the South side of Hwy 46, across from Summerwood.
Phase 2 will include winery expansion and construction of a
Bed and Breakfast.
Union
Road. The
Eastside continues to develop as well. A 14,000 sqft winery
and 4050 sqft tasting room has been approved on Union Road
just East of Penman Spring Rd. |
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Cooking Corner:
(Personal recipes and views on Cooking Paso Style)
Pepper Stew: A
very hot and spicy way of celebrating Cinco de Mayo.
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1 lb Sirloin, sliced |
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1 large Onion,
julienne |
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1 large Red Bell
Pepper, julienne |
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1 Large Yellow Bell
Pepper, julienne |
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4 large Anaheim
Peppers, julienne |
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4 sweet Yellow
Peppers, julienne |
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3 Jalapeņo
Peppers, julienne |
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2 Serrano Peppers,
julienne |
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4 carrots, julienne |
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1 can tomato puree |
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6 cloves Garlic,
crushed1 tbs Coriander |
Brown the sirloin, Combine
meat, garlic, and tomato puree in a stewpot or
crock. Cook for 30 to 45 minutes. Add all
additional ingredients and simmer until carrots are
just beginning to soften. Serve with Casa
Blanco and tortillas.
Enjoy
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Wine
Trivia:
(A little local or wine trivia)
What is Chai?
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a) |
Tea, Indian Tea, or
Spiced Tea |
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b) |
Hebrew for Living |
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c) |
Wine Barrel Storage
Room |
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d) |
All of the Above |
(Please visit
http://www.pasostyleliving.com for the
answer) |
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Paso
Style Living Real Estate:
(Real
Estate market conditions in Paso Wine Country)
Realism!
Not Pessimism, Not Optimism. The local market needs a good
dose of realism.
Sellers, the
market is off a little from peak prices 12 months ago.
You cannot sell today for what most thought they could 12 months ago. Homes that
are priced competitively are selling. That may be
less than what is was 12 months ago.
Buyers, It
should be considered a good deal if you can purchase a home for 10% less
than it may have sold for 12 months ago. If your waiting for
prices to drop 40 to 50% , It ain't going to happen! If you've
been watching those infomercials on late night TV and think you can get
rich buying properties for pennies on the dollar, get a life.
Deals are made by your ability to foresee potential value. Paso
has some of the highest potential value in the country now!
(Single Family Homes, SFRSB)
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Area
(4/1/2007-4/30/2007) |
Avg Price |
Homes Available |
Sold/Pending |
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Atascadero |
$540,723 |
211 |
41 |
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Paso Robles |
$583,241 |
476 |
76 |
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Templeton |
$860,195 |
93 |
19 |
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All Paso Wine
Country |
$615,360 |
932 |
155 |
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Paso Wine Country
contains the following real estate areas (Paso Robles, Atascadero,
Templeton, San Miguel, Creston, Shandon, Santa Margarita, Bradley,
and Chalome) |
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Ron Johnson
Broker Associate, RealtorŪ
(805) 423-1902
www.pasostyleliving.com |
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