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For most of us, our home is the biggest investment we will ever make. For those preparing to buy, a...
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The inventory has picked up here in southern Santa Barbara but sales are down. Even though the inventory has picked up slow sales are putting pressure on property prices.
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Buying a home at any age is one of the biggest investments a person can make. It can be a complicated process and there may be some added hurdles for seniors, but with the guidance of knowledgeable professionals it can be a great choice.
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For the first time in three years, Santa Barbara is celebrating Old Spanish Days again! Old Spanish Days – Fiesta is Santa Barbara’s largest celebration and one of the top regional festivals in the United States.
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Home buying demand skyrocketed during the pandemic as interest rates collapsed and an influx of Americans started working from home. However, the Fed’s rate hikes have quickly spurred a reversal.
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Have homebuyers had enough? Nationally mortgage rates have spiked on top of record appreciation! Up 42% since the onset of the pandemic. Locally though the real estate market here in Santa Barbara has only seen modest changes so far. Homes may be taking a little longer to sell, and we’re seeing more price reductions/ price improvements. It seems as if the market reinvents itself every day.
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Santa Barbara also known as the American Riviera has attracted celebrities for over a century. It’s been suggested that Santa Barbara and Montecito have more celebrities per square mile than Beverly Hills and as such our rarefied community is sometimes referred to as “Beverly Hills North.”
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Moody’s Analytics’ top economists believe that a correction of the market is coming, rather than a crash.
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On July 2, 1776, the Continental Congress voted in favor of declaring independence from Great Britain. The Declaration of Independence was officially...
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To help you understand this phenomenon we will help explain how rising interest rates are affecting the housing market. (Click “READ MORE” below for the GMA video and for current Mortgage Interest Rate information).
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570