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Podcast: SLO County Real Estate with Hal Sweasey
Episode: Cheat Codes for the hard-to-get American Dream.
Description: It’s time for Team Sweasey to break down critical market statistics shaping the San Luis Obispo housing landscape. The team explores a striking trend: the average first-time homebuyer is now 38 years old, a decade older than the 28-year-old average in 1991, and that age is likely to go up with the shift in home sellers, with the average age jumping from 47 in 2005 to 63 today. Owners see the benefit of staying put with locked in low interest rates and property tax savings. With inventory tight and no significant new construction on the horizon, Team Sweasey discusses how these dynamics fuel rising pr...