Home Prices in California Increasing

Sep 11, 2022

Home prices in California increased while at the same time the number of homes sold fell by 31.1%

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The Mesa

Sep 8, 2022

If you’re looking for a neighborhood that offers a really sweet small-town coastal vibe the Mesa may be just what you’re looking for.

The Mesa neighborhood begins at Santa Barbara’s Harbor and winds up the coast to Las Positas Road. The Mesa is divided into three areas: East Mesa, West Mesa, and Alta Mesa.

The Mesa offers spectacular ocean views, great restaurants, shopping centers, and all kinds of outdoor activity opportunities. Hit the surf at Ledbetter, toss a frisbee with your dog at Shoreline Park, or for the more daring go paragliding at Eling’s Park, and when it’s all said and done drop by the Boathouse for some excellent oceanfront dining.

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How’s the market? Real Estate Metrics 101

Sep 1, 2022

Possibly the most important real estate video you’ll see this year. Everyone is asking what’s happening to the housing market. This video breaks down the last couple of decades of trends and simply lays out what’s happened, and what may happen.

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Inventory Up Sales Down

Aug 14, 2022

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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Is the Real Estate Market Cooling?

Jul 18, 2022

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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June 2022 Statistics and Market Trends

Jul 17, 2022

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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Will Rising Interest Rates Affect the Housing Market?

Jun 15, 2022

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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