Alys Martinez of KEYT television in Santa Barbara reports on County Supervisor’s ban on Short Term Rentals. The Supervisors say they’re “reaffirming zoning regulations.” This has been a controversial topic that has pitted neighbors against neighbors in Santa Barbara. Many believe their property values are threatened by commercial use of homes zoned for residential use only. And, that the quality and character of their neighborhood is changed by a continual flux of unfamiliar short-term tenants.

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Airbnb, which matches travelers with property owners that have a couch, a room, or an entire property to rent, has become a powerful force in the real estate market. Today Airbnb is a $25.5 billion dollar business.
Over the past 35 years the Santa Barbara International Film Festival has become one of the leading film festivals in the United States – attracting 100,000+ attendees and offering 11 days of 200+ films, tributes, and panels, fulfilling their mission to engage, enrich, and inspire people through the power of film.
RATES HAVE FALLEN ABOUT 1.5% SINCE MID-OCTOBER. That translates to about $100 a month in savings per $100,000 borrowed. The Housing Market is most definitely Not Frozen source: JVM Blog/ JVM Lending INVESTORS ARE STILL BUYING: Investors seem to see something much of the homebuying world does not. Agents report that they're dealing with investors of every type. The low inventory for Investment properties is fairly limited in Santa Barbara right now making good investment properties very desirable especially if they're priced right. RATES WILL CONTINUE TO FALL: Rates are expected to fall in the first half of 2023. If that happens we may also see more homes for sale. CoreLogic is predicting appreciation next year. (For More Information Click Read More Below)
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