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Review of Home Sales/Prices in San Luis Obispo, CA

JANUARY-DECEMBER 2008 VERSUS JANUARY-DECEMBER 2007 SAN LUIS OBISPO SALES AVG.DOM HIGH LOW MEDIAN 2007 275 83 $4,561,492.00 $369,000.00 $655,000.00 2008 209 93 $3,200,000.00 $280,000.00 $625,000.00 2008/2007 -66 10 ($30,000.00) % DIFFERENCE -24% 12% -5%

Schools in San Luis Obispo County Received Strong Scores on the State’s Academic Performance Index (API)

The 2008 results are in. Overall; majority of the schools showed improvement in their API test scores when compared to a year ago. Most schools exceeded the 800 mark; which is considered high. Two schools, Bellevue-Santa Fe Charter School and Teach Elementary

Median Home Price Declined Slightly in San Luis Obispo

REVIEW OF HOME SALES & MEDIAN HOME PRICES ON STICK-BUILT SINGLE-FAMILY HOMES IN CITY OF SAN LUIS OBISPO (UNDER $1M) JANUARY-JUNE 2008 VS. JANUARY-JUNE 2007 SAN LUIS OBISPO SALES AVG.DOM HIGH LOW MEDIAN 2007 142 112 $945,000.00 $425,000.00 $638,500.00

Home Sales & Home Sale Prices in Arroyo Grande

REVIEW OF HOME SALES & MEDIAN HOME PRICES ON STICK-BUILT SINGLE-FAMILY HOMES IN FIVE CITIES (UNDER $1M) JANUARY-JUNE 2008 VS. JANUARY-JUNE 2007 ARROYO GRANDE SALES AVG.DOM HIGH LOW MEDIAN 2007 136 126 $998,000.00 $261,131.00 $610,000.00 2008 107 152

$687,500 is the New Conforming Loan Limit for San Luis Obispo County

Check out the new FHA loan limits for California that are released by HUD today. 14 California counties loan limits for FHA, Fannie and Freddie jumped, up to $729,750 cap. The majority of these counties are located in San Francisco Bay Area, namely Alameda,

Review of Past 5-Year Price Trends & Sales-San Luis Obispo, CA - Single-Family Residences (Excluding Condos)

REVIEW OF THE PAST 5-YEAR PRICE / SALE TRENDS SAN LUIS OBISPO YEAR Sales Median Avg. CDOM High Low Avg. SP/LP 2003 363 $500,000 49 $1,699,000 $287,000 98% 2004 337 -7% $599,450 20% 45 -8% $3,610,000 $380,000 99% 2005 399 18% $672,500 12% 63 40% $2,665,000

SLO Is #9 Best Place to Live in 2007

San Luis Obispo-Paso Robles made it to the top 10 best places to live again! When compared to more than 400 U.S. metropolitan cities, being 9 th is not to be taken lightly, especially when San Luis Obispo-Paso Robles is the only Californian city to reach

Price of Water for San Luis Obispo Residents

Effective July 1st, 2007, residents of San Luis Obispo will face a 13% increase in their water bills. This harsh increase follows a 12% increase that was imposed last year. The double-digit rise will be continued by another 13% next year. The city will