Looking for new owner, House Included
2010 Garden Street was built in 1894 by a man named William H. Crocker. He built five houses in a...
DOW PLUNGES and MORTGAGE RATES RISE
There is not a tangible relationship between mortgage rates and the stock market whereby one can be said to directly drive the other. Although they both respond to the same market conditions, their response is difficult to predict. That said, there are some notable patterns by which either mortgage rates or the stock market suggest the behavior of the other. These patterns are based on flows of investment money, as well as the larger economic impact of either a healthy stock market or low mortgage rates.
Coast Village Road Reopens in Montecito
Coast Village Road reopened after the Thomas Fire, Flood, and Mudslides on January 24, 2018. On January 22nd, one day...
Neighborliness: Boomers vs. Millennials
Nearly 30 percent of Americans admit they don’t know their neighbor’s first name. But, at least 90 percent have smiled...
How to Help
The United Way of Santa Barbara County has joined forces with United Way of Ventura County to directly support those...
The Thomas Flood & Mudslides ABC News
Montecito Surf Shack sells for $3,850,000
2018 Real Estate Predictions
Something Different
How do you create a real building dedicated to toy blocks? By scaling them up. That’s the idea behind the LEGO House, an official Lego museum meets theme park. Architectural firm Bjarke Ingels Group designed the 130,000 sq.ft. structure. As a series of interlocking Lego-like blocks that house play zones, restaurants, a store, and gallery of Lego masterpieces. Many spaces including the rooftop terraces will open at no charge to the public.
The Tax Reform Act affect on Real Estate
What’s the affect of the new Tax Reform Act on Real Estate? Congress has passed a sweeping tax bill that will affect almost every American. In addition to changing tax rates and deductions, these new rules affect a wide variety of personal and business activity. The National Association of Realtors has compiled a summary of provisions of interest which may be of relevance to you. The top link below is from NAR, the link below that is from Business Insider, and at bottom the link is from Bloomberg News.
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570