Santa Barbara was named as a top Vacation Home Market in a recent Reuters article. Santa Barbara is truly a wonderful resort area with everything from Art Galleries to a Zoo! A real plus of Santa Barbara is its fantastic climate averaging 300 sunny days a year. It is known as “The American Riviera” and Santa Barbara boasts beautiful beaches, gorgeous mountains and hiking trails, vineyards and wineries, fine dining, wonderful shops & boutiques, an impressive art museum, natural history museum, Santa Barbara Mission , theater, music, golf and boating with many stunning golf courses and an abundance of waterfront activities. Santa Barbara is a smart choice for purchasing a vacation home especially as vacation real estate sales are improving as noted in a recent article from Realty Times: “Real Estate Outlook: Vacation Sales Surge”. In addition, an article from Market Watch touts that more than 80% of vacation home buyers feel that now is a great time to buy vacation homes. Clearly the vacation home sector has been a hard hit area of the nation’s real estate market as secondary purchases in any form took a backseat during the recession. Today’s Santa Barbara vacation home buyer is now seeing the value in today’s market conditions. There is a great selection of homes for sale in Santa Barbara. Santa Barbara home buyers can choose from amazing view homes in Santa Barbara, oceanfront homes in Santa Barbara, downtown condominiums or California bungalows or luxury Montecito estates. There are properties for sale in Santa Barbara in a variety of styles, sizes, and price ranges! Go to https://santabarbarapocketlistings.com/ to have a look.
Priorities for vacation home buyers are value and location. Both of these can be found in the Santa Barbara. Mortgage rates are still very low, which is adding to affordability levels in desirable vacation destinations. In addition, family is a focus of vacation home buyers, where buyers want to have a home that enables family to be together in a healthy and active manner, enabling memories to be made and traditions developed. Always desirable are Santa Barbara beach properties!
Buying vacation real estate allows owners to recoup some of their costs by using the property as a rental as well. The ability to collect rent is extremely attractive for today’s real estate investor. Click here to read “Real Estate Outlook: Vacation Sales Surge” from Realty Times.