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 prices and limited options, making it harder for buyers to enter the market. In this episode they share creative solutions, like house hacking in Paso Robles or even recycling, to get your seed money. Packed with actionable insights, the episode underscores the urgency of starting early, leveraging expert guidance with an agent, and rethinking inheritance to build wealth through real estate. It’s time for Team Sweasey to take a data-driven look at why now, is the time to act in SLO County’s competitive market! Like, subscribe, and send your questions for Team Sweasey to tackle in future episodes. Text them in at 805-244-1170, Be Sure to Subscribe to Team Sweasey on YouTube @halsweasey for quick tips and full episodes of the SLO County Real Estate Podcast with Hal Sweasey. California DRE #01111911