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Helping People Live the Paso Style; Real Estate News, Events, Wine, Food, Living October 2009

WINE NOTES(Local Wine and Real Estate News)


It's Crush Time!

Crush is in full swing now.  Most Whites are in, Eastside Reds are being picked.  Even with the extremely warm Indian Summer we've had, things are looking good. 

And what better to celebrate after Crush than Harvest Weekend.  Harvest weekend in Paso Robles wine country is probably one of the more enjoyable times.  There's no major anchor event,  but a time for all wineries to celebrate harvest in their own way.  Whether it's Grape Stomps, Harvest Vineyard Tours, a Gourmet Winemaker's Dinner, or a casual barbeque it a time to kick back and celebrate the hard work and dedication it takes to make a good wine. 

For more information visit www.pasowine.com.

Quick Real Estate Stats:(California)

 
Median Home Price-
$292,960
Highest Median Home Price
Santa Barbara So. Coast $828.750
Lowest median home price
High Desert $111,770
Mortgage rates- week ending 9/24/09:
30-yr fixed 5.04% Fees/points: 0.6%
15-yr fixed 4.46% Fees/points: 0.6%
1-yr adj 4.52% Fees/points: 0.6%

WINE and LOCAL TRIVIA


"Sur Lie" aging is thought to impart an interesting flavor characteristic to certain wines, in particular Chardonnay and Sauvignon Blanc.  What is this aging process?
a)French Term for Aged in Oak
b)French Term for No Oak aging
c)Yeast Aged
d)None of the Above

(Please visit http://www.pasostyleliving.com for the answer)

PASO STYLE LIVING REAL ESTATE (Local Real Estate Market Conditions)


Real Estate Up, Down, and Around:

 Between the National, State and local Real Estate news,  it's difficult to get an accurate handle on what's going on,  but I still definitely believe we are in the beginnings of a recovery.  Nationally, it's been reported that sales volumes are down,  but I feel that's a reflection of sale prices stabilizing and in some cases rising. The Real Estate market is improving.  The California Median Home Price of $292,960 is up slightly from last month.  Locally, the numbers vary by community with some up and some down.  This is to be expected as the market tries to get it's footing. 

Also, a critical component to the overall market is pricing segment.  Mid priced and lower homes generally are selling quickly and earning the prices asked (that price obviously varies by area).  Upper mid and higher priced homes are moving slower.  The number of buyers who don't have to sell an existing home is limited. 

If your home is priced correctly against the competition and if you are less than the Average Prices below you should sell quickly.  If your home is above the Average you can expect to have to wait longer for the right buyer.

Given the dismal rates CDs are paying today, I'm starting to see people shift funds from CD to Real Estate. 

If you want a truly professional Real Estate Consultation, give me a call.

  

Area(9/1/09-9/30/09) Avg Price Homes AvailableSold Pending
Atascadero $394,611 117 18 33
Paso Robles $363,830 22938 34
Templeton $652,451 5210 9
All Paso Wine Country $406,071481 7182
Paso Wine Country contains the following real estate areas (Paso Robles, Atascadero, Templeton, San Miguel, Creston, Shandon, and Santa Margarita) (Single Family Homes, SFRSB)
 

REAL ESTATE HOT LIST (Special Properties for Sale in the Paso Wine Country)

● 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)


White Chili 

  Chili is one of my favorite dishes.  Styles vary across the country,  but one chili style which isn't seen often is White Chili.  If you are looking for a dish out of the ordinary, but it a try.
  1 lb Chicken, cubed
  2 cups Chicken Stock
  3 cans White Beans, (Cannellini Preferred)
  2 cups Onion, Diced
  2 Yellow Chili's, diced
  1 Yellow Bell Pepper, diced
  2 Habernos, diced very fine
  1 tbs Cumin, Ground
  1 tbs White Pepper
  1 tbs Ground Garlic
  1 Passlla Pepper, juliened

Combine all ingredients and simmer for 1 hours.  Serve Passila as a contrasting garnish.  Be extremely careful with the Habernos.  I suggest rubber gloves.  They are HOT.

FEATURED LISTING


2697 Bridle Trail LN

  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
Ron Johnson
Broker, RealtorŪ
(805) 423-1902
www.PasoStyleLiving.com

945 12th Street, Suite F
PO Box 1981
Paso Robles, CA 93447
www.PasoStyleLiving.com