To Rent or to Buy?
To buy or not to buy has never been a simple decision. And this ever-changing housing market isn’t making it any easier. With surging mortgage rates, record-breaking rents and home prices, a potential economic downturn and other lifestyle considerations – there’s so much to factor in.
Click Read More below for more Information and video.
Do Pets Influence Real Estate Sales?
Eighty-one percent of Americans say animal-related considerations play a role when deciding on their next living situation, according to a report by the National Association of Realtors. Eighty-nine percent of those surveyed said they would not give up their pets because of housing restrictions or limitations.
How’s the Market?
Are we in a Seller’s Market?
The Fair Housing Act
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
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