State Street Update

1 year ago

"Would Beverly Hills Close Rodeo Drive?" asks Sothebys International Realty's Diane Waterhouse. This post features a State Street Update from…

Houseboat in Santa Barbara

1 year ago

It is here where the anchor drops. A one-of-a-kind masterpiece designed and rebuilt by a father (engineer) and son (carpenter)…

Want a 3% Mortgage Rate?

1 year ago

Would you like a 3% Mortgage Rate? An Assumable Loan might be something to consider. Assumable loans are loans where…

Market Trends August 2023

1 year ago

106 Homes sold in August 2023 down from 133 homes sold this time last year. Low inventory continues to drive…

Virtually Unchanged

1 year ago

Buyers and sellers' sentiments remained virtually unchanged in August 2023 as housing market participants waited for more signals on what…

Zillow’s 1% Down Loan Program Will Destroy the Housing Market, or not…

1 year ago

In the movie The Big Short there was a scene in which a stripper bought multiple investment condos. She was…

What’s Up with Mortgage Rates?

1 year ago

AUGUST 23, 2023 The current average interest rate for the benchmark 30-year fixed mortgage is 7.61%, rising 6 basis points…

How Are Sales?

1 year ago

The Santa Barbara real estate market has enjoyed a historic run in home values over the course of a decade. As a…

Fiesta! Old Spanish Days Returns!

1 year ago

Now in its 99th year, Old Spanish Days in Santa Barbara is a beloved Santa Barbara tradition since 1924 dedicated…

Home Prices

1 year ago

The graphs included in this post use recent monthly reports from three sources to show the worst home price declines…