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    Are Home Prices Continuing To Rise?

     

    Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-di...

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    Is the Economic Recovery Beating All Projections?

    Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of...

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    What Does Being in a Sellers’ Market Mean?

    Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people w...

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    A Historic Rebound for the Housing Market

    Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending h...

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    Is Now a Good Time to Refinance My Home?

    With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions:
    Why do...

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    Don’t Let Frightening Headlines Scare You

    There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well.
    Amidst all this anxiety, anyone with a megapho...

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    Economic Slowdown: What the Experts Are Saying

    More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research:

    “A recession is a significant decline in econom...

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    Equity Gain Growing in Nearly Every State!

    Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices,...

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    Homeowners Are Happy! Renters? Not So Much…

    When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valua...

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    The Feeling You Get from Owning Your Home

    The Feeling You Get from Owning Your Home

    We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones.

    No matter what shape or size your l...

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    Buying a Home Young is the Key to Building Wealth

    Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their ...

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    SOLD ~ Restored Romantic 1930’s Spanish

    Easy to Show ~ Showings by Appointment - Call / Text Bryan @ 805 331-3191

     
     
     
     
     
     
    Prepare to be mesmerized by the Old World ambiance and vintage detail of this fully restored 2-bedroom 1930s Spanish tr...

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    Why Are So Few Homes for Sale?

     
     
     
     
     
     
     
    There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of s...

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    SOLD ~ Forte Ranch Condo – Santa Barbara, CA

    4578 Gerona Way, Santa Barbara CA 93110 ~ Offered at $799,00
     

    Serenity in Santa Barbara! A rarely available upstairs unit in the secluded, yet centrally located, Forte Ranch neighborhood. The naturally well-lit condo’s impressive v...

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    Millionaire to Millennials: Buy Now!

     
     
     
     
     
     
     
     
     
    Self-made millionaire David Bach was quoted in a CNBC article explaining that "the single biggest mistake millennials are making" is not purchasing a home beca...

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    Home Prices Up 6.15% Across the Country!

     Some Highlights:The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.In the report, home prices are compared both regionally and by state.Based on the latest numbers, if you plan on re...

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    First Comes Love… Then Comes Mortgage?

    According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two...

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    NEW LISTING ~ 1st Open House Sunday, Feb 12th 1 to 4

    Classic Country Elegance in Bel Air Knolls 1331 Portesuello Ave, Santa Barbara CA 93105 ~ Offered at $1,595,000Recently remodeled, this traditional New England home, accented with subtle nuances of French Country and Mediterranean styles, offe...

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    SOLD ~ Exquisite Mediterranean Jewel

    Exquisite Mediterranean Jewel in Vista La Cumbre
    940 Vista De Lejos Drive, Santa Barbara CA 93111 ~ Offered at $1,895,000
     

    Rarely available & impeccably maintained & upgraded, this spacious 4-bedroom, 3-bath Mediterranean-st...

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    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 bee...

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    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 s...

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    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...

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    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 SaleThe National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun rece...

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    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 attribut...

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    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 s...

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    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 hom...

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    Home Ownership Still Part of the American Dream

    The National Association of Realtors (NAR) just released the first edition of their Housing Opportunities and Market Experience Survey (H.O.M.E.). NAR explained that the report covers:

    “…core topics that will be tracked on a monthly ba...

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    Equity Matters A LOT… Just Ask Freddie Mac

    There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the pow...

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    SOLD ~ Downtown Santa Barbara Pied-à-terre

    Downtown Santa Barbara Pied-à-terre
    This beautiful vintage 1910 bungalow -- impeccably renovated and officially designated a “Historically Significant Property” and a “Structure of Merit” by Santa Barbara’s Historic Landmarks Commit...

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    Home Buying Gets Cheaper This Week

    Home Buying Gets Cheaper This Week

    DAILY REAL ESTATE NEWS | FRIDAY, DECEMBER 19, 2014 

    The 30-year fixed-rate mortgage this week dipped to its lowest level in more than a year, bringing borrowing costs down for home buyers and refina...

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    MORTGAGE RATES – Last Week the Trend is DOWN

    The main story this week was the important monthly Employment report, which showed that wage inflation remains low. The European Central Bank (ECB) made no change in policy and had little impact on US markets. After a quiet four days, Friday'...

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    MORTGAGE RATES – The Trend is UP this Week

    Reduced concerns about the conflict in Ukraine caused investors to shift back to riskier assets early this week, reversing much of the improvement in rates from the prior week. Stronger than expected housing data and slightly more hawkish com...

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    MORTGAGE RATES – The Trend is FLAT this Week

    In a packed week, the two big economic reports were the main drivers of mortgage rates. The outperformance of the GDP data relative to expectations first rocked the bond market & rates earlier this week however the small miss in the Employm...

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    14 Tips for Home Buyers in 2014

    14 Tips for Home Buyers in 2014

    Before You Look1. Get Pre-approved: Getting pre-approved will not only help determine what you can afford, it will also help when you are ready to make an offer.2. Get professional help: Use an experien...

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    MORTGAGE RATES – The Trend is UP this Week

    Geopolitical events were the primary influence on mortgage rates again this week, while the economic data had little impact. After a quiet weekend, investors were willing to take on a little more risk early in the week. Shocking news on two fro...

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    MORTGAGE RATES – The Trend is DOWN this Week

    THIS WEEK'S RATE TREND IS DOWN
    It was another good week for mortgage rates. Weaker than expected economic growth data and increased concerns about Iraq were favorable for mortgage rates. These factors outweighed the negative impact of improv...

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    Millennials: They ARE Buying & Selling Houses

    Millennials: They ARE Buying & Selling Houses:  A recent study by the National Association of Realtors, Home Buyer and Seller Generational Trends, revealed that Millennials are a much higher percentage of the overall housing market tha...

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    MORTGAGE RATES – The Trend is UP this week…..

    Mortgage rates were influenced by a wide range of factors this week, resulting in a good deal of volatility. Violence in Iraq, comments from the Bank of England, divergent US Treasury auction results, and mixed US economic data all had an imp...

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    MORTAGE RATES – The Trend is UP this week…

    MORTAGE RATES - The Trend is UP this week...
    Ahead of two major economic events, mortgage rates moved higher early in the week. When there were few surprises in either the Employment report or the ECB announcement, though, mortgage rates recov...

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    ECONOMIC NATIONAL REAL ESTATE UPDATE

    Economic National Real Estate Update ~ Pending home sales, a forward-looking indicator rose 0.4% in April -  following a 3.4% increase in March. On a year-over-year basis, April pending home sales were down 9.2% overall in the US.

    The S...

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    MORTGAGE RATES – Trend is Down This Week

    It was a volatile holiday-shortened week. Mixed US economic data was roughly neutral for mortgage rates. Anticipation of additional stimulus from the European Central Bank (ECB) was favorable, however, and mortgage rates ended the week a ...

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    Santa Barbara Real Estate Update ~ February 2014

    SINGLE FAMILY HOMES:  Santa Barbara Real Estate Update through the end of February‘14 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland

    This is an analysis of the Santa Barbara Real Estate market including C...

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    Santa Barbara Real Estate Update ~ January 2014

    Santa Barbara Real Estate through the end of January‘14 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland

    This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, H...

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    Santa Barbara Real Estate Update ~ December 2013

    Santa Barbara Real Estate through the end of December ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ November 2013

    Santa Barbara Real Estate through the end of November ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ October 2013

    Santa Barbara Real Estate through the end of October ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope...

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    Santa Barbara Real Estate Update ~ September 2013

    Santa Barbara Real Estate through the end of September ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Ho...

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    Santa Barbara Real Estate Update ~ August 2013

    Santa Barbara Real Estate through the end of August ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope ...

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    Santa Barbara Real Estate Update ~ July 2013

    Santa Barbara Real Estate through the end of July ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ra...

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    Santa Barbara Real Estate Update ~ June 2013

    Santa Barbara Real Estate through the end of June ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ra...

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    Santa Barbara Real Estate Update ~ May 2013

    Santa Barbara Real Estate through the end of May ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ran...

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    Santa Barbara Real Estate Update ~ April 2013

    Santa Barbara Real Estate through the end of April ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope R...

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    Santa Barbara Real Estate Update ~ March 2013

    Santa Barbara Real Estate through the end of March ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope R...

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    Santa Barbara Real Estate Update ~ February 2013

    Santa Barbara Real Estate through the end of February ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ January 2013

    Santa Barbara Real Estate through the end of January ‘13 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope...

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    Santa Barbara Real Estate Update ~ December 2012

    Santa Barbara Real Estate through the end of December ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ November 2012

    Santa Barbara Real Estate through the end of November ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ October 2012

    Santa Barbara Real Estate through the end of October ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope...

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    Santa Barbara Real Estate Update ~ September 2012

    Santa Barbara Real Estate through the end of September ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Ho...

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    Santa Barbara Real Estate Update ~ August 2012

    Santa Barbara Real Estate through the end of August ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope ...

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    Santa Barbara Real Estate Update ~ July 2012

    Santa Barbara Real Estate through the end of July ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ra...

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    Santa Barbara Real Estate Update ~ June 2012

    Santa Barbara Real Estate through the end of June ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ra...

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    Santa Barbara Real Estate Update ~ May 2012

    Santa Barbara Real Estate through the end of May ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ran...

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    Santa Barbara Real Estate Update ~ April 2012

    Santa Barbara Real Estate through the end of April ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland.This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope ...

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    Santa Barbara Real Estate Update ~ March 2012

    Santa Barbara Real Estate through the end of March ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope R...

    Read more

    Santa Barbara Real Estate Update ~ February 2012

    Santa Barbara Real Estate through the end of February ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hop...

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    Santa Barbara Real Estate Update ~ January 2012

    Santa Barbara Real Estate through the end of January ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope...

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    Santa Barbara Real Estate Update ~ December 2011

    Santa Barbara Real Estate through the end of December ‘11 and for all of 2011 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summer...

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    Santa Barbara Real Estate Update ~ November 2011

    Santa Barbara Real Estate through the end of November‘11 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandThis is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope...

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    Santa Barbara Real Estate Update ~ October 2011

    Santa Barbara Real Estate from Carpinteria to Goleta for Oct. ‘11 including Montecito, Hope Ranch and Summerland.For the Home Estate/PUD market of Santa Barbara, Montecito, Hope Ranch, Carpinteria, Summerland and Goleta after achieving 97 sal...

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    Santa Barbara Real Estate Update ~ September 2011

    Santa Barbara Real Estate from Carpinteria to Goleta for Sept. ‘11 including Montecito, Hope Ranch and Summerland.For the Home Estate/PUD market of Santa Barbara, Montecito, Hope Ranch, Carpinteria, Summerland and Goleta after seeing a rise i...

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    Santa Barbara Real Estate Update ~ August 2011

    Santa Barbara Real Estate from Carpinteria to Goleta for Aug. ‘11 including Montecito, Hope Ranch and Summerland.For the Home Estate/PUD market of Santa Barbara, Montecito, Hope Ranch, Carpinteria, Summerland and Goleta August 2011 marked the...

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    Santa Barbara Real Estate Update ~ July 2011

    Santa Barbara Real Estate from Carpinteria to Goleta for July 2011 including Montecito, Hope Ranch and Summerland.For the Home Estate/PUD market of Santa Barbara, Montecito, Hope Ranch, Carpinteria, Summerland and Goleta July 2011 was a signifi...

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    Santa Barbara Real Estate Update ~ June 2011

    Santa Barbara Real Estate for January through June’11 including Carpinteria, Summerland, Montecito, Hope Ranch and Goleta.For the Home Estate/PUD market for the greater Santa Barbara area from Carpinteria to Goleta including Summerland, Monte...

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    Santa Barbara Real Estate Update ~ May 2011

    Santa Barbara Real Estate for January through May ’11 including Carpinteria, Summerland, Montecito, Hope Ranch and Goleta.For May of 2011 for Santa Barbara, Montecito, Hope Ranch, Carpinteria/Summerland and Goleta the Home Estate/PUD sales we...

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    Santa Barbara Real Estate Update ~ April 2011

    Analysis of Santa Barbara Real Estate through the end of April ‘08 for Santa Barbara, Montecito, Hope Ranch, Carpinteria/Summerland and GoletaThrough the month of April ’11 for the Home Estate/PUD market in the Santa Barbara area including ...

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    Santa Barbara Real Estate Update ~ March 2011

    Santa Barbara Real Estate through the end of March ‘11 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandFor Santa Barbara, Montecito, Hope Ranch, Carpinteria/Summerland and Goleta for the Home Estate/PUD market for ...

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    Santa Barbara Real Estate Update ~ February 2011

    Santa Barbara Real Estate through the end of February ‘11 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandFor the Home Estate/PUD market for Santa Barbara, Montecito, Hope Ranch, Carpinteria/Summerland and Goleta f...

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    Santa Barbara Real Estate Update ~ January 2011

    Santa Barbara Real Estate through the end of January 2011 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and SummerlandStarting 2011 for the Home Estate/PUD market in Santa Barbara, Montecito, Hope Ranch, Carpinteria/Summerland a...

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    Santa Barbara Real Estate Update~ 2010 vs. 2009

    For the greater Santa Barbara area including Carpinteria/Summerland, Montecito, Hope Ranch and Goleta, sales of single family residences finished 2010 about 7.6% ahead of where they were in 2009 just nosing over the 900 units sold mark. But, th...

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    Santa Barbara Real Estate ~ November 2010

    Santa Barbara Real Estate through the end of November‘10 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Ho...

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