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Real Estate NewsletterPublished October 6, 2025
February 2023 Real Estate News
{original post 2/20/2023}Hello! Thanks for tuning in to this month’s newsletter. It’s our goal to bring valuable real estate content and local updates to you, so we hope you enjoy it! ☺️🏡💛 In this e-newsletter, we will dig deep into the importance of education, share about new home construction, and of course, talk about interest rates. We also have a list of local community events to check out! The Schwaegerle Team strives to educate and empower all people on the ins and outs of real estate, so thank you for tuning in and following the team on social media! |
| Educated and empowered - our goal for you We had such a great time hosting our first homebuyer workshop of the year last week. It was a joy to get to know new people and start the important conversation of homeownership. We believe in educating and empowering every person about the power of real estate. Missed out on the workshop and want an overview of what we talked about? Reach out today! We’d be happy to meet with you at your convenience to talk about the home buying process. We know that our most educated clients are our most successful clients. We are here for you every step of the way, even if you are brand new to the real estate game. Send us all your questions, and let’s set up a time to chat! |
| New home, who dis? Due to high construction costs, economic factors, and high mortgage rates, there has been a recent dip in sales and construction for new homes. The National Association of Home Builders commented, “New home construction could see a turning point in both the housing market and the overall economy in the second half of 2023.” What does this mean? New home supply will increase for homebuyers in the market. This change could come sooner than expected as the Federal Reserve continues the fight against inflation. According to Chief Economist Robert Dietz, “This forward momentum will lead to a calendar year gain for single-family starts in 2024.” Want to learn about the new construction developments in our county? Reach out to us today, and we’d be happy to share about the new communities and how to be first in line to purchase one! |
| Everyone wants to know about mortgage rates As of February 2, mortgage rates have fallen a full percentage point since November. This has allowed many hopeful buyers to get back into the market. While the Federal Reserve continues its fight against inflation, rates are expected to stabilize over the next few months and slowly decrease at some point in the future. Nadia Evangelou, Senior Economist and Director of Real Estate Research at the National Association of Realtors states, “There is finally light at the end of the tunnel for many Americans, as they now earn more than the income needed to purchase a mid-priced home. With rates now below 6.1%, many Americans earn about $5,000 more annually than the qualifying income needed to purchase a home.”  |
| #LoyaltoLocal We love supporting our local community. Check out these upcoming events in town! BlendFest on the Coast: Calling all wine lovers to join this event taking place February 23-26 in San Simeon and Cambria. To learn more about this event click here. SLO Craft Beer Festival: February 24-25 at the Alex Madonna Expo Center. Click here for more information. Vintage Baseball - Central Coast Classic: Looking for something fun to do with your family? Visit Sinsheimer Park February 25-26 from 12:00 PM to 5:30 PM for some Central Coast Classic baseball. San Luis Obispo Botanical Garden - Yoga in the Terrace: Find your balance in nature with weekly outdoor yoga! This event is recurring weekly on Tuesdays, Thursdays, and Saturdays. Check out their times available here and go relax in the beautiful garden. |
| Want to learn more about real estate investing? Come to our SLO Real Estate Investor Meetups! It is a great opportunity to meet real estate investors, contractors, lenders, and other professionals in the industry. Last month, we had Jay Peet, 1031 Exchange Specialist and Team Leader at KW Central Coast, share how you can defer capital gains taxes through doing a 1031 exchange. If you want a recap, check it out here.  |
| Let's Be Social Thanks so much for reading our newsletter this month! We want to hear from you! Please let us know how we can support you on your real estate journey. Whether you just purchased a new home, want to explore home-buying options, are curious about what your property might be worth, or just want to know more about the market, please reach out! @theschwaegerleteam @savannahsiador_ @closeinslo @your.realtor.slo You can also follow us on YouTube and Facebook for more updates throughout the month. |
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