Mark Lomas
MarkLomas.com DRE: 00898298 MARK DANFORTH LOMAS HomesOfSantaBarbara@gmail.com “Practicing the Fine Art of Real Estate” I have over 30...
The Art of Downsizing
If you plan on downsizing during your retirement years, you have a lot to think about. That includes what to do with your current home before you transition to a smaller one, but this doesn’t have to be a stressful decision. As long as you take the right steps and have the right experts to help you, you can come up with the right plan for your home and your move.
California Coastal Conservancy
Navigating a Changing Market
As we head into 2023 the housing market finds itself at a turning point, hindered by a dramatic spike in mortgage rates that chilled the market. A storm was brewing as sellers came to terms with the fact that volatile mortgage rates were rising and pushing some buyers to the sidelines dampening demand for their homes. Yet supply is still tight and home prices went up faster throughout the year than many American incomes. The cooling housing market also leveled the playing field for all types of brokerages as change became the new normal.
Happy New Year!
Santa Barbara Real Estate meets Pacaso
Fractional home ownership. One-eighth ownership. Basically a timeshare. What could go wrong?
Disrupter Pacaso, is a Bay Area-based company that buys homes and then sells fractional interests in them to second-home buyers. After the sale – in which the company makes a profit – the company then manages the home, and the co-owners use Pacaso’s technology to schedule time in the home.
PEACE ON EARTH
Online Rental Scams
There is a rise in rental scammers taking advantage of the huge need in California for housing. Scammers are listing...
Market Trends & some good reasons for Optimism
RATES HAVE FALLEN ABOUT 1.5% SINCE MID-OCTOBER. That translates to about $100 a month in savings per $100,000 borrowed.
The Housing Market is most definitely Not Frozen source: JVM Blog/ JVM Lending
INVESTORS ARE STILL BUYING: Investors seem to see something much of the homebuying world does not. Agents report that they’re dealing with investors of every type. The low inventory for Investment properties is fairly limited in Santa Barbara right now making good investment properties very desirable especially if they’re priced right.
RATES WILL CONTINUE TO FALL: Rates are expected to fall in the first half of 2023. If that happens we may also see more homes for sale. CoreLogic is predicting appreciation next year.
(For More Information Click Read More Below)
The Funk Zone
The colorful and always-changing Funk Zone in Santa Barbara is a unique neighborhood found between Highway 101 and the Beach off lower State Street. The Funk Zone proudly reflects its roots in art and industry with an eclectic mix of artisan shops, art galleries, studios, eateries, wine-tasting rooms, and microbreweries – some of which have popped up in the area’s converted warehouses and packing plants, all just steps from the beach!
Tourists and locals love to explore the Funk Zone’s artsy soul through the Arts Fund Community Gallery’s monthly exhibitions. From the Zone’s gourmet grab-and-go breakfast and lunch spots to its urban sit-down restaurants, the Zone shines a spotlight on locally sourced ingredients and plentiful outdoor patios. The Lark housed in a creatively repurposed historic fish market serves up tasty shareable plates. Next door, the Lucky Penny offers wood-fired pizzas, freshly baked pastries, sandwiches, and salads. Lastly, check out the Santa Barbara Urban Wine Trail. Taste wines from each of Santa Barbara County’s five AVAs at the Valley Project while ogling the stunning floor-to-ceiling map of the region.
Click “Read More” below for Funk Zone in Santa Barbara, California YouTube Video
This website is not the official website of Sun Coast Real Estate. Sun Coast Real Estate does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this website. Real Agents affiliated with Sun Coast Real Estate are independent contractors and not employees.
3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570