Santa Barbara Real Estate and the Santa Barbara International Film Festival

The Santa Barbara International Film Festival 2009 (SBIFF) runs in Santa Barbara, California from January 22 through February 1. Along with its idyllic Mediterranean climate and setting, the SBIFF has put Santa Barbara, California on the map, providing notoriety to Santa Barbara as a resort destination. Even through today’s market conditions, Santa Barbara view, oceanfront and estate properties have proven to be prime real estate holdings, including Montecito Estates, Oceanfront Properties, Hope Ranch Estates, and Santa Barbara Estates. Many in the film industry call Santa Barbara and Montecito home or have vacation homes in Santa Barbara.

Arlington Theatre, Santa Barbara

Arlington Theatre, Santa Barbara

This year there will be over 200 films screened including 21 World Premieres. This year’s festivities include the presentation of awards to Penelope Cruz, Clint Eastwood, Mickey Rourke, Kristin Scott Thomas, and Kate Winslet. Roger Durling of Santa Barbara, California is the SBIFF Director. This year’s theme is”Discover by Day and Be Dazzled by Night” promising a fun time of films, events, and parties. The SBBIFF 2009 guest director is David Fincher. He will discuss his films including his most recent work “The Curious Case of Benjamin Button” starting Brad Pitt and Cate Blanchett. Brad Pitt and Angelina Jolie attended last year’s film festival in Santa Barbara where Angelina Jolie was presented with Outstanding Performance Award for “A Mighty Heart”. The films and events will take place at various venues throughout Santa Barbara including the historic Arlington Theater. There is speculation as to part time Montecito resident Oprah Winfrey making an appearance! Oprah purchased her Montecito Estate for $42,000,000  in 2000 and it is estimated to now be worth over $90,000,000. A testament to the relative strength of Santa Barbara and particularly Montecito real estate values even through down markets, which currently present a new round of buying opportunities.

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