Barbara Corcoran’s take on the Real Estate Market
Silicon Valley Bank
The collapse of Silicon Valley Bank (SVB) may have significant implications for the technology industry, which in turn could have a significant impact on the real estate market. Silicon Valley Bank had been a key financial institution in the technology industry providing funding and support to many startups and tech companies.
One impact will probably be a decrease in demand for commercial real estate and housing in the Silicon Valley region. It could also lead to a slowdown in the tech industry resulting in job losses and fewer people looking for homes and office space It’s conceivable that it might put downward pressure on real estate prices.
Click Read More below for the whole post and videos.
Market Trends Santa Barbara Real Estate
Historically, the California real estate market has been known for its high prices and strong demand, driven in part by the state’s strong job market and desirable location. In recent years, the market has continued to be competitive, with low inventory and high demand leading to bidding wars and rapid price appreciation.
Overall, the California real estate market remains a dynamic and competitive environment, with strong demand, high prices, and tight inventory continuing to be major factors.
Click “Read More” below for graphs, charts, and video.
Win the House of Your Dreams
The Lobero Theatre
The Lobero Theatre celebrates this momentous anniversary by honoring the past and safeguarding the future of this vibrant community treasure.
The Lobero Theatre is a historic performing arts venue located in downtown Santa Barbara, California. It was built in 1873 and is one of the oldest theaters in the state. The Lobero has been a center for performing arts in Santa Barbara for 150 years, hosting a wide variety of events including plays, concerts, dance performances, and lectures.
Click Read More below for video and more information about this historic Santa Barbara treasure.
We Love Working With Seniors
Santa Barbara Real Estate Blogs
Sightings
We roll out this update on Sightings in and around southern Santa Barbara as the Santa Barbara International Film Festival wraps up This week some of the attendees for the Film Festival included Angela Bassett, Cate Blanchett, Jamie Lee Curtis, Brenden Fraser, Austin (Elvis) Butler, Kerry Condon, Nina Hoss, Stephanie Hsu, Colin Farrell, and Brendan Gleason.
Elsewhere…
Artificial Intelligence and Real Estate
The Future of Real Estate? I asked ChatGPT what Santa Barbara, California is like, and in about 15 seconds this...
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