Helping People Live the Paso Style,  Events, Wine, Food, Living  January 2009

Wine Notes: (Local RE and Wine News)

Railroads and Wine

   
There's a new Vineyard and Winery room in the area which is sure to excite those who love wine and trains.  It's El Pomar Junction, located at 5036 South El Pomar Dr on the Templeton Eastside.  El Pomar Junction in purported to have the largest tasting room in the Paso region.        
    Probably most interesting is the mini rail yard recreated at the winery.  Several retired box cars and a caboose from the Southern Pacific Railroad showcase  railroading history.  
    El Pomar Junction is the public view of Mesa Vineyard Management.  Mesa is a large vineyard manager in Monterey, San Luis Obispo, and Santa Barbara Counties.  Based in Templeton they have access to some of the best grapes which El Pomar Junction will allow them to showcase.  >>  


r    For those who are not aware,  this is the second winery in the area with a bit of railroad history.  Sylvester Winery on Buena Vista in Paso Robles has a very nice display of vintage Pullman cars with a great Observation car overlooking the vineyards.    
    For those not aware, during most of the heyday of railroad travel in the US was on Pullman.  Pullman owned the rail cars and managed the passenger traffic.  The railroad companies provide the engines and tracks.

Quick Real Estate Facts: (Calif)

Median home price
    $285,680
Highest median home price
    Santa Barbara So. Coast $1,200,000
Lowest median home price 
     High Desert $148,580
Mortgage rates - week ending 12/24/08:
  -30-yr. fixed: 5.14%; Fees/points: 0.8%
  -15-yr. fixed: 4.91%; Fees/points: 0.7%
  -1-yr.   adj:   4.95%; Fees/points: 0.6%
 
Food Corner:  (Personal recipes and Favorite Restaurants of the Paso Wine Country)   
Egg Plant Parmesan:  One or my favorite Italian dishes is Egg Plant Parmesan. My method of preparation is much easier and a bit healthier than traditional. 
2 Eggplants, peeled and  thinly sliced lengthwise
4 cups Hot Milk
4 cups Italian Seasoned Bread Crumbs
1/4 tesp Salt
6 cups Favorite Spaghetti Sauce
16 oz pkg Mozzarella Cheese, grated
1 cup Parmesan Cheese, Freshly Grated
1 cup Raisins
1/2 tsp Basil

   Preheat over to 350 degrees.  Dip Eggplant in Egg and coat in Bread Crumbs.  Place in a single layer on a baking sheet and bake for between 5 and 10 minutes on each side (Eggplant should be tender and Bread Crumbs lightly browned)
    Spread enough spaghetti sauce to lightly cover the bottom of a 9x13 inch baking dish.  Layer the Eggplant, Mozzarella and Parmesan repeating until all ingredients are used up.  Make sure cheese is the top layer.  Season the top with Basil and bake for  30 minutes, or golden brown.  Enjoy!

Wine & Local Trivia:
 If you own land in Paso Robles, which of the following is not in the "Chain of Title" for your property?  
 
  a) Pedro Narvaez
  b) US Government
  c) Petronillo Rios
  d) All of the Above

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

Paso Style Living Real Estate: (Real Estate market conditions in Paso Wine Country)
     Last month's newsletter focused on my upcoming predictions for the local Real Estate market.  This month has two focuses.
    First,  As indicated last month prices will stabilize when foreclosures stabilize and the existing inventory of housing is absorbed.  I don't track the former,  but the later is dropping quickly.  It may be due to the holidays,  but inventory levels locally are down close to 18% from last month and 30% from a year ago.  There's not a lot of inventory available in the mid ranges currently. If foreclosures stabilize soon we may see a normal market developing by summer.
    Secondly,  On the subject of foreclosures.  If you are having trouble making your mortgage payments,  it is important that you get qualified help.  Be careful of scams,  but also don't rely entirely on your loan servicer.  Yes, Loan Servicer.  We all must remember that the company we make our mortgage payments to is our Loan Servicer and in almost all cases NOT the owner of our Mortgage.  Remember also that the Loan Servicer is paid to manage your loan and most make additional money managing a foreclosure.  It may pay to contact a qualified Foreclosure Consultant that is licensed.  Don't ever trust anyone who is not licensed as a Foreclosure Consultant.  If you would like a referral to a qualified consultant, give me a call.  

Area  (10/1/08-10/31/08)

Avg Price

Homes Available

Sold

Pending

Atascadero

$444,158

123

31

12

Paso Robles

$336,898

252

41

35

Templeton

$487,714

75

7

3

All Paso Wine Country

$385,932

550

85

58

Paso Wine Country contains the following real estate areas (Paso Robles, Atascadero, Templeton, San Miguel, Creston, Shandon, Santa Margarita, Bradley, and Chalome) (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.

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