Archive for Montecito Estates Property Outlook

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 [...]