Santa Barbara Real Estate

How’s the market? Real Estate Metrics 101

Possibly the most important real estate video you’ll see this year. Everyone is asking what’s happening to the housing market. There are a lot of opinions out there. This video only focuses on real estate historic metrics and might be the most insightful look into what’s really happening and the outlook for real estate going forward. This video was created on August 17, 2022. How’s the market? Just the facts.

August 2022

The real estate market reinvents itself every day. It’s constantly changing. The housing market had been booming with properties valued at an all-time peak. Homes were in high demand partially due to historically low-interest rates and low inventory. But now that rates have risen the market has slowed.

We find ourselves in a price-sensitive market. The market appears to be normalizing as rates stabilize. It’s critical to price your home correctly for the best results. It’s still a good time to buy or sell real estate depending on your goals.

As your real estate experts, you can count on us for pricing guidance. Making the decision to buy or sell is an exciting one. That’s where we come in. We know getting the pricing right is crucial, and we have strategies to help you succeed every step of the way. Reach out today to begin that conversation.

Mortgage Rates September 11, 2022 / Click on image for more information
Share this:
Mark Danforth Lomas

Recent Posts

First Quarter 2025 Statistics

Santa Barbara's real estate market in early 2025 has shown resilience, but signs of softening…

2 weeks ago

How Tariffs Will Impact Real Estate

President Trump's new tariffs are expected to significantly affect the real estate market. Here's a…

2 weeks ago

Curious California Real Estate Factoids for 2025

 March 19, 2025: Home sales are down in California, and prices are rising, with a…

4 weeks ago

Southern Santa Barbara Real Estate March Overview

Southern Santa Barbara, stretching from Carpinteria to Gaviota, offers a unique blend of coastal charm…

4 weeks ago

“Live” Santa Barbara Real Estate Statistics

The southern Santa Barbara's real estate market offers a fascinating glimpse into the dynamic interplay…

1 month ago

Southern Santa Barbara Real Estate Insights

In 2024 the southern Santa Barbara real estate market saw a 16% increase in inventory.…

2 months ago