Malik Real Estate Blog

You’ll find our blog to be a wealth of information covering everything from market statistics and home values to useful tips for home buying and selling. We may drop in some local information as well. We do this because we care about our community and want to help you find your place in it. Please reach out if you have any questions. We’d love to talk with you!

 

Nov. 16, 2022

Monthly Market Report for October 2022 for North SLO County

The Real Estate Market is slowing down as we enter the last quarter of 2022. This is nothing to be alarmed about, we are simply following our typical Real Estate cycle that we experience this time of year. For the first time in a couple years the median days on market has entered the double digits, staying around 15 days or less which is still quick compared to the almost 30 days we were experiencing pre-COVID. We’re also starting to see more price reductions which buyers are happy about. The days of homes selling for well over asking price and in less than a week are pretty much a thing of the past .There are still some exceptions but typically homes are selling for at or a little below asking price and in a timely manner. This is why it is important to have an experienced Real Estate agent price and sell your home.

Click on the video above to view all the statistics for Atascadero, Paso Robles and Templeton for the month of October 2022.  If you would like to see information on other Central Coast cities, please let us know.

Nov. 8, 2022

A Real Estate Professional Helps You Separate Fact from Fiction

 

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk...  Continue Reading

Nov. 4, 2022

3 Tips for Buying a Home Today

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s important to keep in mind that... Continue Reading

Nov. 1, 2022

Perspective Matters When Selling Your House Today

Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale... Continue Reading

Oct. 31, 2022

How To Prep Your House for Sale This Fall

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help... Continue Reading

Oct. 28, 2022

Planning To Retire? Your Equity Can Help You Reach Your Goal.

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the... Continue Reading

Oct. 26, 2022

Millennials: Do You Need a Home with More Space?

If you’re a millennial, home buying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the... Continue Reading

Oct. 25, 2022

Monthly Market Report for North San Luis Obispo County - September 2022

The housing market on the Central Coast is continuing to stabilize and balance out.  Home sales may be down this month compared to this time last year but our inventory is slowly starting to rise.  The reduced number of home sales is a product of several different factors including higher interest rates and us being in the fourth quarter of the year where traditionally home sales slowdown.  Even with our reduced home sales this past month, the home values on the Central Coast remain strong!
Above is a video with all the statistics for Atascadero, Paso Robles and Templeton for the month of September 2022.  If you would like to see information on other Central Coast cities, please let us know.

Oct. 24, 2022

What is Multigenerational Housing?

If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined home-buying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing...  Continue Reading

 

Oct. 22, 2022

Should You Still Buy a Home with the Latest News About Inflation?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost... Continue Reading