Newsletter - May 2017
Be Aware and Stay Current - Protect Your Greatest Investment - Your Home
Local Corner

Somm's Kitchen

Somm's Kitchen brings sommelier Ian Adamo's love of fine dining and wine education together in a warm, welcoming space.

Recently,  I have been hearing about a true wine and food pairing experience at Somm's Kitchen. Not very often does  one witness the  expertise of a Court of Master Sommeliers (CMS) Level III Advanced Sommelier. I only know the training and dedication is intense. Paso Robles is fortunate to have such an elegant addition to its downtown experience.

849 13th St, Paso Robles, CA
(805) 369-3244
Local Vineyard Listings

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

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.
Quick Real Estate Facts

North County
Single Family Residential:

Sourced from: California Regional MLS

North County
Monthly Snapshot:

Lets Take Inventory for Single Family Residences in North County:

  • Days On Market: 20
  • Median Price: $476,500
  • Price Compared to Last Year: Up 9%
  • Number of Properties on the Market: 212

Sourced from: Keller Williams North County

California Real Estate Facts:

  • Median Home Price
    California - $517,020

  • Highest Median Home Price
    San Mateo/SF - $1,350,000

  • Lowest Median Home Price
    Del Norte - $130,000

Sourced from: California Regional MLS

Call us for a Free Evaluation for your Real Estate Needs.

Ron Johnson
ron@realtyexpressions.com
805-769-8169

Kate Graham
kate@realtyexpressions.com
805-423-3612

May's Event Highlights

Paso Robles:
 
Paso Robles WIne Festival
May 18-21, 2017
Downtown Paso Robles City Park

Templeton:

Templeton Wine Festival
May 6, 2017 | 1:00 to 5:00
Templeton Park

Atascadero:

Central Coast Cider Festival
May 13, 2017
Atascadero Pavilion on the Lake
Local Housing Market 

A key way millennial homeowners differ from other generations

Millennials don’t want to own homes. It’s an oft-repeated assertion that may not actually be true.

In fact, 79% of millennial homeowners believe owning a home has a positive impact on their long-term financial picture, according to Bank of America’s second annual Home-buyer Insights Report. And a whopping 86% believe owning a home is more affordable than renting.

Local Real Estate Viewpoint

The Millennial Effect on Paso Robles

By: Ron Johnson
Associate Broker
When I first read the article above,  I thought "How does this apply to the local market".  Then I realized we are operating in the reverse of what's stated.  The local housing market is much more dominated by "Baby Boomers" rather than "Millenniums".  "Millenniums" are willing to compromise on many attributes when buying a home because they know it's only temporary in their life goal,  a stepping stone to their future, not an eternity.    

"Baby Boomers" are buying today with a totally different view.  "Baby Boomers"  have reached a point that they know they want in life and their next home is where they want to spend the remainder of their life.  "Baby Boomers" buying today are much less willing to compromise,  they want all check boxes checked on their wish list,  and probably most important don't want to renovate,  they're  past that in their life.

It explains the point I've been making for the past couple of months. Homes that are well maintained, updated, and meet all the check boxes are selling for super premium prices.  But, those that fall short of perfect may sit longer than expected.

This may be the real opportunity for "house flippers".

e-mail: Ron Johnson
Cooking Corner

Wine Barrel Smoker
By: Ron Johnson

My secret for cooking Paso Style is a custom designed Wine Barrel Smoker which can be built out of commonly available parts in an afternoon. It makes a wonderful cooking method and center piece for entertaining.   

Here's what you will need:

- 1 used wine barrel 
- 1 Cast Iron Dutch Oven
- 1 sheet expanded steel
- Garage Door angle steel
- Single burner hot plate
- box of # 8 Pan head screws,
       3/4 Inch

Drill holes into and screw each barrel stave to all barrel hoops of the barrel.  Wine barrels rely upon moisture to keep the barrel together, as it dries out it will fall apart, unless fastened. 
Using a Jig Saw or reciprocating saw carefully cut the top from the barrel below the second hoop.  Drill a hole in the barrel near the bottom for the power cord to exit.  Place the hot plate in bottom of barrel with switch in ON position. Place Dutch oven on the hot plate.  Cut the expanded steel in a circle that will just pass though the barrel opening. Bend the angle steel into 2 U shape pieces that will form the legs of a platform supporting the circular expanded steel grill.

I use a combination of charcoal and wood chips in the Dutch oven to get the cooking process started and let the hotplate continue the cooking process for the long slow cooking that makes great Barbeque.
NOTE: As always, with fire and electricity, be careful.

Wine FAQs

What It Takes to Become a Sommelier

If you love wine and pairing with food, have you ever pondered the idea of becoming a Sommelier. First you must be aware of the total dedication and path to becoming a Sommelier. 
  • Level I-Introductory-90% Pass Rate: 
Open to anyone with several years of experience in the restaurant and ideally wine industry experience. Three part exam: Elementary wine making knowledge - grape varieties - matching wine with food.
  • Level II-Certified Sommelier-60% Pass Rate: 
Focuses a great deal more on service and more in depth knowledge of the world of wine. Three part exam: Theoretical - Blind Tasting - Service.
  • Level III- Advanced Sommelier-30% Pass Rate:
Heavier focus on service and more intimate knowledge of all wine producing regions and producers. Advanced exam: Theoretical - Blind Tasting - Intense Service Exam
  • Level IV-Master Sommelier-1% Pass Rate:
The top level. The three part exam covers all regions of the world at al level that only 230 people have attained in its 40+ years of existence.
California News
California News Article

Roughly 5 million people left California in the last decade. See where they went.
By Phillip Reese - preese@sacbee.com

The housing boom, recession and housing bust, which hit California harder than most states, likely played a role in the trend. The greatest net population losses occurred during the housing boom, the IRS data show, when many Californians were priced out of the market. The subsequent recession saw many people lose their homes and jobs and go to states with lower unemployment. Conservative analyst and Hoover Institute Fellow Carson Bruno also blames  the state's high cost of living and tax structure.

Despite the loss of residents to other states, California continued to grow during the last decade because of natural increase - more births than deaths - and foreign migration.

Helpful Tips

It Pays to Use a REALTOR®

The typical For Sale By Owner (FSBO) home sold for $46,000 LESS during the past year than homes sold with the assistance of a REALTOR®

MOST DIFFICULT TASKS FOR FSBO SELLERS:

  • Understanding and performing paperwork

  • Setting the right price

  • Preparing/fixing up home for sale

  • Helping buyer obtain financing

  • Attracting potential buyers

  • Selling within the planned length of time

  • Having enough time to devote to all aspects of the sale

 Source: California Association of Realtors

Realty Expressions   @
If you already have an agency relationship with a real estate agent, it is not our intention to solicit or interfere with that agency relationship.