SLO County Golf, Wine & Real EstateGolf, Wine & Real Estate News and Events Blog
SLO Real Estate bucks the trendWednesday, November 29, 2006We all tend to look for the bigger trends in real estate and typically succeed. However, the macro trends tend to fall flat when looking at a specific location. To hear the pundits talk, California is an overpriced wasteland where properties are not moving and prices are too high.But an interesting article in The Tribune talks about some communities that are still very, very strong in sales and demand, including San Luis Obispo. So when you hear about this real estate trend or that real estate trend, do not let it keep you from going out and doing your homework on your own local market. You may be surprised that the Central Coast do not fit the national trends and may be pleasantly surprised. The Tribune posted an article by David Streitfeld of the Los Angeles Times that states, "Things have come full circle. Location counts again. That's why the hot East Bay towns - along with a handful of other places around California, including neighborhoods in Santa Barbara, San Luis Obispo, Pasadena and Silicon Valley - is still reasonably hot. There are simply more people who want to live in these areas than there are available houses." Article: SLO among real estate markets still strong Tags: San Luis Obispo Central Coast Real Estate |
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