Bryans Blog

Why Are Mortgage Interest Rates Increasing

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly. Why did rates go up? Whenever there is a presidential election, there is Read More »

Recently SOLD $1.9 ~ Romantic Courtyard Mediterranean in Bel Air Knolls

Custom re-built and brilliantly executed by award winning designers David Thomas and Jeff Doubet, this masterfully designed two-story home embodies the essence of Santa Barbara’s signature Mediterranean architecture.  With its Old World courtyard, private pool/spa and patio, open floor plan and warm artistic ambience, it literally radiates an invitation to Santa Barbara’s cherished “American Riviera” Read More »

RECENTLY SOLD with Multiple Offers

Serene Mesa Sanctuary by Hendry’s Beach This spacious hilltop home rests on an absolutely stunning .93 acre lot with the feel of a lush parkland. Wide verdant lawns and mature-growth trees, including fruit and avocado, offer a serene retreat space from which to enjoy panoramic views of the wooded canyon and bluff tops below.  The Read More »

The Truth About Housing Affordability

From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor.  Here are two of the report’s revelations: The average U.S. home value increased by $13,500 from last year, but low interest rates have kept the Read More »

The Top Reason to List Your House For Sale Now!

  If you are debating listing your house for sale this year, here is the #1 reason not to wait!  Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: “With demand holding firm and homes selling even faster Read More »

Here Comes the Housing Inventory!!

Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand. DEMAND Demand for single-family housing has continued to increase Read More »

JUST LISTED ~ Romantic Courtyard Mediterranean in Bel Air Knolls

Custom re-built and brilliantly executed by award winning designers David Thomas and Jeff Doubet, this masterfully designed two-story home embodies the essence of Santa Barbara’s signature Mediterranean architecture.  With its Old World courtyard, private pool/spa and patio, open floor plan and warm artistic ambience, it literally radiates an invitation to Santa Barbara’s cherished “American Riviera” Read More »

Warren Buffett: There is No Housing Bubble

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether real estate and/or mortgaging Read More »

Further Proof This Isn’t a Housing Bubble

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing the monthly Read More »

SOLD ~ Delightful Santa Barbara Shores Single Level Ranch

Serving a SILVERGREENS Lite Lunch ~ Please Stop By! 250 Palo Alto Drive, Goleta CA 93117 YouTube Video Delightful Santa Barbara Shores Home ~ Offered at $729,000 3 Bed 2 Bath 1036 sq ft ~ 0.16 Acre It’s obvious from the minute one pulls onto the newer paver driveway that this charming Santa Barbara Shores home Read More »