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Oprah Winfrey purchased the Seamair Farm at 380 Santa Rosa Lane in Montecito on February 5, 2016, reported the Santa Barbara News-Press on February 14, 2016. The Spencer T. Olin Trust conducted an Auction of the 23-acre farm on November 18, 2015. The trust conducted an Auction because they believed, "the property was very hard to value due to its size and location within Santa Barbara County." This property which included 260 Santa Rosa Lane sold for $28,850,000.
Proposition 19 Property Tax Transfers, Exemptions, and Revenue for Wildfire[...]
The graphs included in this post use recent monthly reports from three sources to show the worst home price declines are already behind us, and home prices are appreciating nationally. Click Read More below for the rest of this post and video.
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