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 Ocean Front
In yet another testament to the strength of the Montecito Real Estate Market, two properties across from Butterfly Beach have just entered escrow. One is a gorgeous Montecito Estate on Hill Road with 4 bedrooms, 6 baths and ocean, mountain and harbor views. The asking price was $18,800,000.
Also in escrow are the adjacent 2 lots [...]
Santa Barbara real estate forclosures are minimal, and area home owners are thankful
The Santa Barbara real estate market has proven itself through good markets and bad, that the old real estate tenet of , Location, Location, Location is still enforce!! The Santa Barbara properties market continues to out perform most markets in the US and the world for that matter. Just review many of our “Santa Barbara properties [...]
Montecito estate properties offer significant buying opportunity
The following are compelling reasons to why it may now be a very opportune time to be a Montecito Estate buyer within the luxury Montecito properties market. Looking at figures comparing this year to last year shows an increase of approximately 18% more homes coming onto the Montecito real estate market in 2008 than 2007. There [...]
Montecito properties luxury view estate. Rare Montecito view estate compound becomes available.
This expansive Montecito estate compound is situated on one of the most desirable Montecito estate parcels in the Santa Barbara estates market segment. This magnificent Montecito estate offers spectacular ocean, island, harbor, city and mountain views, a very unique combination, all from a "close in" elevated vista close to the Montecito lower village on Coast [...]
In the Santa Barbara real estate market, is it better to rent or buy?
We have been asked this question a fair amount lately. "In the Santa Barbara real estate market, is renting right now a better option than buying a home or a condo, and waiting it out until the market settles?"
The Answer: Well it really depends on your situation, but there has never been a clearer time in [...]
Montecito real estate for sale under $2 million, offer excellent values in Santa Barbara properties.
With the Montecito real estate market up an incredible 30% for this year with the rest of the state and country’s real estate markets reeling, and with economic experts predicting an end to the national real estate market softness, these current Montecito properties for sale may very well be the best Montecito real estate values for buyers [...]
Montecito properties for sale open Wednesday, Montecito market up dramatically this year.
Below is a partial list of the Montecito Homes for sale on broker caravan Wednesday September 24, 2008. Montecito real estate has show incredible strength through 2008 with all the national termoil, with Montecito properties median sale prices up over 30% for this year over last. Here is a link to all Montecito properties currently [...]
Santa Barbara real estate market poised for strong surge in 2009, Economist, Dr. Mark Schneipp likes recent government actions.
Mark Schniepp, director of the California Economic Forecast, had additional comments today regarding the governments mortgage market intervention, after his Santa Barbara real estate market forecast, where he predicted a strong 2009.
"All in all” he said “I don’t see much downside to all the volatility in the markets of late."
“A lot of the volatility is [...]
Santa Barbara real estate market forecast stable and poised for strong surge in 2009
On September 18, 2008, Dr. Mark Schneipp, Economist of the California Economic Forecast made his annual presentation on the Santa Barbara County Real Estate & Economic Update. Here are the salient points in Dr. Schneipps forecast:
In Santa Barbara Real estate for sale, prices will stabilize in 1st Quarter 2009 with substantial accelerating growth in 2009
Pent up Buyer [...]