Paso Robles Real Estate Market Update – May 2023

Paso Robles Real Estate Market May 2023

Interesting times in our local Paso Robles housing market! Here is this month’s market update, utilizing the data from April 2023,.

Interest rates fluctuated over the course of the past month. The combination of high prices and higher rates has impacted Buyer demand in some price points. In many cases, Buyers are stretched to their limit, and when the interest rate rises, they no longer qualify for their mortgage. We have seen homes fall out of escrow, as a result.

3 Good Reasons NOT to Buy the Nicest Home in the Neighborhood

3 good reasons not to buy the nicest home in the neighborhood

Dreaming about that expensive, dream home, in your dream neighborhood? Maybe you are scrolling through the real estate listings, salivating over photos and mentally furnishing the different rooms. Maybe you’ve even driven through the neighborhood, or walked down its streets. Maybe you’ve attended a few open houses… and you are still waiting on your dream home..
But here’s the thing….

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