Archive for Montecito Estates Property Outlook
Santa Barbara Luxury Home Market is Active
Santa Barbara luxury home market sees major spring activity. Increased sales activity spring 2010 compared with 2009 bodes well for Montecito estate buyers as well as oceanfront buyers for Santa Barbara properties. Fantastic opportunities to purchase Montecito luxury homes at deep discounts.
Santa Barbara Luxury Real Estate Market is Rebounding
The Wall Street Journal has stated that Greenwich, Connecticut had a phenomenal end to 2009 with huge increases in sales volume in the luxury real estate market. The west coast has also seen some large sales with a recent Beverly Hills property selling to the tune of $35,000,000. More specifically, in the Santa Barbara luxury real [...]
Santa Barbara Real Estate – Its not Complicated!
I recently saw the movie “Its Complicated” , a romantic comedy set in Santa Barbara, directed by Nancy Meyers and starring a Santa Barbara resident, Steve Martin and a Classic Santa Barbara estate. In an interview in Santa Barbara Magazine, Nancy Meyers says she chose a Santa Barbara property for the locale in the movie [...]
Santa Barbara Sunset
The weather has been outstanding the past few days with the most incredible sunsets here in beautiful Santa Barbara. If you are considering purchasing a luxury home in Santa Barbara there may never be a better time with a great selection of properties for sale. There are approximately 180 properties for sale just in Montecito.The most [...]
Santa Barbara Luxury Home Sales
The numbers are in for Santa Barbara Estates that sold in the final quarter of 2009. The high end, luxury estate market in Santa Barbara includes the areas of Montecito and Hope Ranch as well as Carpinteria(lots of oceanfront) and Summerland. There were a total of 7 properties that closed escrow above the $5,000,000 mark [...]
Montecito Real Estate Sales Up
According to recent MLS data, Montecito had a 33% increase in number of homes sold in the 3rd quarter as compared to the 2nd quarter. There were some major Montecito Estates that closed escrow during this period. A fantastic, brand new Montecito ocean view estate sold for $18,500,000. This 12,000 s.f. estate had been on [...]
Montecito Ocean View Estates
Viewed several spectacular ocean view properties in Montecito this week!
The first is an estate which boasts a prime location – with Oprah as a neighbor. Buy this home and perhaps one day you will be invited to attend one of Oprah’s exclusive events!
Of course another reason to buy the property is to own a [...]
Santa Barbara & Montecito Real Estate on Rebound?
Housing starting to show a recovery in Santa Barbara and Montecito? Some indicators sure do point in that direction. Existing home sales increased in July by 7.2% – this is the biggest single month increase on record. Two additional impressive items of note – July pending home sales increased to a 2 year high and [...]
Montecito Estate Buyer’s Market
The Santa Barbara Association of Realtors recently held its Real Estate & Economic Review & Forecast for the Santa Barbara real estate market at the Montecito Country Club. This review of the recent Santa Barbara Real Estate market dynamics, including the luxury real estate market, shows the median price has come down over the last 12 [...]