Newsletter - March 2018
Brought to you by: Realty Expressions | Ron Johnson
Local Corner

5 new wineries open at Paso’s Tin City

BY SALLY BUFFALO
Tribune
February 22, 2018

"I remember this area as a pure industrial park now transforming into one of the hippest new wine tasting destinations" Ron Johnson

Tin City, the bustling, urban-style tasting district in Paso Robles, continues to add more wineries, including the area’s first dedicated to only white wines. The industrial complex off Ramada Drive already hosts more than a dozen wine-tasting spots, a brewery, cider house and distillery and an ice cream shop, with a restaurant on the way.

Local Vineyard Listings

Live Your Dream. Become a part of the dream, not just experiencing. Let others enjoy your dream.


Ron Johnson - Specialized Winery Evaluations Training

Sourced from: California Regional MLS
WHO - WHAT - WHERE
Paso Robles Wineries:
Find out what varietals are produced by the  Paso Robles Wineries, as well as learn a little about each varietal or blend style. Use this list along with your  Wine Tasting Map to help plan your tasting tour in the Paso Robles Wine Country.

Paso Robles Breweries:
Use this  Brewery List and Map to visit this areas growing Beer Industry.

Paso Robles Spirit Producers:
Check out the  Paso Robles Distillery Trail to add to your wine tours.
Wine FAQs

4 Things White Wine Lovers Have To Put Up With
By Madeline Puckette
WineFolly

You’re the only one of you in the room
  • Admitting you’re a fan of white wines to other wine people is a risky thing to do – it’s like being a skier in a group of snowboarders. It’s like being a vegetarian at an Austin Barbecue joint.
White wine is cheap therefore you have cheap taste
  • In many ways, technology for white wines is leaps and bounds ahead of red wines.
You’re obviously not that serious about wine
  • White wines are meant to be fresh, floral, crisp! Most descriptions are geared only toward red.
White wines don’t age, thus they’re low quality
  • Most white wines do not require extra time in cellar for aging. Age-ability isn’t always a prerequisite for quality.

Quick Real Estate Facts

Available North County
Single Family Residential:

Search: Buying | Selling


Sourced from: California Regional MLS
North County Yearly Snapshot:

Let's Take a Current Inventory for Single Family Residences:

  • Days On Market: 41
  • Sold Median Price: $577,090
  • Number of Properties on the Market: 287
  • Number of Properties Sold: 70

Sourced from: California Regional MLS
If you are:
Buying | Selling | Investing | Need Consultation
Contact  me for a Free Evaluation
Owner, Broker, REALTOR®

Ron Johnson
What's In The News


Pending Home Sales Stumble 4.7 Percent in January

DAILY REAL ESTATE NEWS | THURSDAY, FEBRUARY 16, 2017

WASHINGTON (February 28, 2018) — After seeing a modest three-month rise in activity, pending home sales cooled considerably in January to their lowest level in over three years, according to the National Association of Realtors®.

Lawrence Yun , NAR chief economist:
  • The economy is in great shape, most local job markets are very strong and incomes are slowly rising.
  • Last month’s retreat in contract signings occurred because of woefully low supply levels and the sudden increase in mortgage rates.
  • The lower end of the market continues to feel the brunt of these supply and affordability impediments.
  • Cost of buying a home getting more expensive and not enough inventory.
  • Prospective buyers are either waiting until listings increase come spring or now having to delay their search entirely to save up for a larger down payment.

Added Yun, “Even though contract signings were down, Realtors® indicated that buyer traffic in most areas was up January compared to a year ago. The number of available listings at the end of January was at an all-time low.


Source: National Association of Realtors®
Local Real Estate Viewpoint

By: Ron Johnson
Broker
The above article discusses the fact that Pending home sales have dropped. There are several "indicators" which the real estate industry uses. I'll explain them:

Pending Home Sales: These are active sales contracts. Obviously, it's a very good indicator of what the future Sales Volume is going to be as these contracts close.

Sales Volume: Sales Volume may be expressed in units (count of homes sold) or total dollar volume of homes sold. This value would give an indication of the activity of the market and no indication as to the home values involved.

Median Home Price: The median home price is the value of the home in the middle of all homes sold. It is not an average, but only the middle value home. This is the most common indicator tracked for home value. It can be miss leading at times. If 55 homes sold for $200,000 and 45 homes sold for $2,000,000 the median price is $200,000. Very misleading for the actual value of a market.

The question is always asked, "How is the market". A high Sales Volume is a good market to a real estate professional. A high Median Price is good for a Seller.


e-mail: Ron Johnson
Cooking Corner



Happy St. Patricks Day!

Everyone is Irish on Saint Patrick’s Day

Shepard's Pie
The ultimate in Irish Comfort Food. Brought to you by Alton Brown, Good Eats

Irish Apple Cake With Custard Sauce
Tart Granny Smith apples keep this cake from being too sweet, and a blend of ginger, nutmeg, and allspice make each bite warm and comforting.

Enjoy with one of your favorite local Paso Robles Beers.
Month Event Highlights
To know your communities, visit:

Paso Robles:

March 4th - Wedding & Special Event Expo - Paso Robles Inn Ballroom - 11am-3pm

March 10th & 11th - Jurassic Tour
Event Center, Fair Grounds

Atascadero:

March 10th - Z-Day California
Datsun/Nissan Z Car Show
Downtown Atascadero - 10am to 3pm

March 16th - Woods Walks the Runway
Supporting Woods Humane Society
Atascadero Lake Pavilion - 1pm to 3pm

March 24th - Central Coast Craft Brewery Festival
Sunken Gardens - 12pm to 4pm
California News
California Real Estate Facts:
  • Median Home Price
  • California - $527,800

  • Highest Median Home Price
  • San Mateo - $1,437,500

  • Lowest Median Home Price
  • Siskiyou - $193,000
Sourced from: California Regional MLS

Contact me for a Free Evaluation for your Real Estate Needs.
Ron Johnson
805-769-8169
Is California Ready to Build Its Next Big Dam?

In 2014 California voters passed  Proposition 1 , a bond to funnel $7.5 billion to water projects, including $2.7billion that would go to the California Water Commission to dole out specifically for storage-related projects.

There are already  potential projects  that have been on the drawing board for years.

  • Three involve expanding existing reservoirs at Shasta Lake, Los Vaqueros Reservoir and Millerton Lake.
  • Two would involve constructing new dams – Temperance Flat on the upper San Joaquin River and Sites Reservoir north of the Delta, which would be off-stream storage.
  • Sites Reservoir is the one project in California that meets the Prop 1 bond’s requirements and has virtually universal support.
  • Another alternative, would be investing in groundwater storage – since it is cost-effective, environmentally safer, climate resilient and would provide six times the storage for the money.


Ron Johnson
Owner, Broker, REALTOR®
BRE# 01356629

Realty Expressions
Paso Robles, California

805-769-8169
REALTOR® of the Year, Paso Robles AOR 2015
Vice Chairman, Central Coast Regional MLS 2014
President, Paso Robles AOR 2013
State Director, Paso Robles AOR 2011-2013
Local Director, Paso Robles AOR 2010
Specialized training in vineyard evaluations.
If you already have an agency relationship with a real estate agent, it is not my intention to solicit or interfere with that agency relationship.