Published October 6, 2025

July 2022 Real Estate News

Written by Owen & Camille Schwaegerle

July 2022 Real Estate News header image.

{original post 7/27/2022}

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! ☺️??

In this e-newsletter, we will highlight local lender programs, our newest team member Alejandra, the benefits of purchasing a fixer-upper, the latest rental rates, and overall house maintenance.

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!

Lender Spotlight: Kim Rivas, Broker/Owner of KD Capital Mortgage
Having the right Mortgage Broker on your team can make a huge difference when buying a home. Kim Rivas, Mortgage Broker and Owner of KD Capital Mortgage Corp. in Paso Robles, has some incredible programs for home loans and refinances. The KD Capital Mortgage team makes the process of securing a loan simple and straightforward by offering you the best options customized to your individual financial needs. Learn more about Kim and her office by clicking on the video below!

Meet our Executive Assistant
We are thrilled to welcome Alejandra Cabrera to The Schwaegerle Real Estate Team as the newest Executive Assistant! We’ve asked Alejandra to share a little bit about herself below. She is so excited to meet you all!Hello! My name is Alejandra Cabrera, and Iam the new Executive Assistant for The Schwaegerle Team. I have administrative assistant experience and am eager to learn more about Real Estate as I grow in my new role. I joined The Schwaegerle Team in May and have enjoyed being a part of this hardworking team since day one. I know with the help of my team I will grow in this business and become more knowledgeable about real estate. I can’t wait to help our business grow and walk alongside our agents and clients to create win-win transactions. Outside of work I enjoy spending time with my family and traveling as much as possible. I have been married to my wonderful husband for five years, and together we have a beautiful two year old daughter that keeps us on our toes. We look forward to setting roots in SLO county and finding our forever home. I am excited to meet and work with you! Please feel free to reach out to me with any questions, as I am here to help, or if you would like to say hi :)

Are you ready to take on a fixer-upper?
Have you ever considered buying or investing in a fixer-upper? We have recently noticed a heightened demand for homes that require some sweat equity. Many people purchase fixer-uppers because they are eager to create the home of their dreams, interested in a new project, or simply want a good price on a property and are willing to work hard on it to make it more valuable. The thought of buying a home that is not move-in ready can be scary for some while others might find the challenge thrilling and exciting. While a fixer-upper is not for everyone, there can be some benefits to making this type of purchase if you are ready to tackle something new with the right team. Having an experienced agent who can guide you through searching for a home at the right price will make the world of a difference. We also highly suggest getting a home inspection to ensure that there aren’t any unwelcome surprises in the middle of your project. According to Dave Ramsey and his team at Ramsey Solutions, it is important to consider a few things in order to find the best fixer-upper:Location: Look for a home in a community that fits your lifestyle and that future buyers will like too. Buy the worst house in the best neighborhood!Appreciation: Find a home that will grow in value over time, do your research on this one and communicate your thoughts to your agent. Inspection: An inspection can confirm issues you already plan to fix, but can also reveal layout or foundation issues that prove to be too big of a project. When you take these things into consideration and have found the perfect home to fix up, that’s when the real work begins. It is very important to remember to budget accordingly so your fixer-upper can become your dream home–a place to create once in a lifetime memories.

Rent Prices Rising?
With rent prices reaching a new high, it might be time to consider purchasing a home rather than continuing to put your money in someone else's pockets. Rent prices began steadily increasing in January 2021 and have reached a new high as of April 2022. This has been a compound effect from a decrease in rental availability and skyrocketing purchase prices of homes. With the rise of interest rates, many first time homebuyers are shying away from making a purchase now and are renting longer than anticipated. However, we are still encouraging people to explore their options and reach out to our team to help explore homeownership opportunities. Believe us, you’ll save so much money in the long run!

Rental Prices in SLO County 2022 vs. 2021:
2022
Studio / Efficiency $1,421
1-Bedroom$1,560
2-Bedroom$2,053
3-Bedroom$2,916
4-Bedroom$3,310

2021
Studio / Efficiency $1,257
1-Bedroom$1,362
2-Bedroom$1,795
3-Bedroom$2,569
4-Bedroom$3,101

How’s your HVAC System?
Having a good HVAC system in your home can really help you enjoy your living space throughout the year. A solid system will keep your home cool in the summer, warm in the winter, and overall just so much more comfortable. Proper maintenance can keep your HVAC system running smoothly for years, ensuring that your home’s internal climate stays exactly the way you want it. One of the most common HVAC improvements is improving the overall air quality in your home, filtering out impurities and eliminating particles in the air that could possibly make you sick. Air cleaners and air purifiers are readily available for a number of systems, trapping things as small as bacteria, viruses, and allergens that are too small to be seen by the naked eye. These function similarly to portable single-room air purifiers, but instead of only working on the room where the unit is located, these actually filter and purify the air in your entire home.With the number of wildfires increasing in California, pollutants are much more prevalent and an HVAC upgrade may be worth considering.Please reach out to us if you’d like an HVAC vendor recommendation. We work with great people who would be so happy to help you. Don’t live in a house with an HVAC system? Not to worry! We also have connections to vendors who sell top notch single-room air purifiers that will make a world of a difference.

Ready for some Summer Fun?
Are you ready for some fun summer activities on the Central Coast? Here is a list of events happening all over the county.

North County:
CA Mid-State Fair - July 20, 2022 - July 31, 2022
Paso Robles Concerts in the Park - Paso Robles Downtown City Park, Thursdays from 6-8PM
Ravine Waterpark - Open everyday from 10:30AM-5:45PM
Templeton Concerts in the Park - Templeton City Park, Wednesdays from 6-8PM
Atascadero Concerts in the Park - Atascadero Lake Park, Saturdays from 6:30-8:30PM

San Luis Obispo:
Concerts in the Plaza - Mission Plaza, Fridays from 4:30-7:30PM
San Luis Obispo Blues Baseball

South County:
Avila Valley Barn - Open everyday from 9:00AM-6:00PM
Arroyo Grande Summer Concert Series - Historic Heritage Square Park in the Village of Arroyo Grande, Sundays from 1-3PM.

For a complete list of events happening on the Central Coast visit SLO CAL

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_
@marianovahomes

You can also follow us on YouTube and Facebook for more updates throughout the month.