Santa Barbara Real Estate

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The Real Estate Scene

September 18th, 2014 · American Riviera

Here’s is a collection of recent Santa Barbara real estate snippets from various local sources defining the Santa Barbara Real Estate scene:

Montecito Journal: “One of the largest and most historic properties in Montecito has just come on the market.  The 237 acre estate known as Rancho San Carlos has a 30,000 square foot, 1931 Reginald Johnson designed Monterey Colonial main house with 10 bedrooms and 10 full baths and is listed for $125,000,000. (MJ September 11-18, 2014)

Montecito Journal: “Two brand new Coast Village Road condos will be listed at the end of this month.  The condos are roughly around 2000 square feet, and are part of a mixed use building owned by developer Alberto Valner.  The condos features two levels with a third floor access to a private rooftop with views of the ocean and mountains.  The asking price will be in the mid $2 million dollar range. (MJ September 11-18, 2014)

 Casa Magazine:  From the Santa Barbara Board of Realtor’s President, Ed Fuller, “Median Sold Price in August near Monthly Record!”  The highest monthly median sold price for single family homes in the Santa Barbara Metro Area (Southern SB) was $1,472,500 in September of 2005.  This August the median Sold Price was: $1,472,500 jumping 25% from July’s $1,178,500. The median price, meaning half the  homes sold were more expensive and half were less expensive, can be skewered upward with a higher number of more expensive homes sold, and may not indicate a rise in overall price levels. (September 5, 2014)

Santa Barbara Courthouse  Aerial Imagery by Santa Barbara’s TechnoPanorama

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Muy Caliente!

September 16th, 2014 · American Riviera, Mark Lomas and Kirsten Wolfe, Santa Barbara Lifestyles

3SBWeatherSept162014

KEYT Television Web Site

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Santa Barbara Courthouse Aerial Imagery

September 3rd, 2014 · American Riviera, Mark Lomas and Kirsten Wolfe, Technopanorama

Santa Barbara Courthouse from Mark on Vimeo.

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Is the Housing Market back on track?

August 23rd, 2014 · American Riviera, Mark Lomas and Kirsten Wolfe, Real Estate News

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For Buyers, Sellers, and the Real Estate Curious

August 21st, 2014 · Mark Lomas and Kirsten Wolfe, Real Estate News, Santa Barbara Real Estate

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Existing-Home Sales Continue To Climb In JulyNAR 

Sales Of Previously Owned Homes In U.S. Climb To 10-Month HighBloomberg 

L.A.-O.C. Housing Market Is Least Affordable In U.S., Zillow SaysLA Times 

3 Facts Crippling California’s Housing RecoveryHousingWire 

Bank Of America To Pay Record $16.6 Billion To Settle Mortgage ClaimsLA Times 

Competition

Only A Dozen Large Metro Housing Markets Feature Both Affordable For-Sale Housing And Affordable Rental HousingZillow 

July Data Shows The Healthiest End To Spring Home Buying Season In Three YearsMove.com 

All Redfin Listings To Feature 3-D Virtual ToursInman News 

Realogy News

 Chinese Millionaire Roils Brokers Over Shrinking MansionBloomberg 

Owning A Home ‘Very Important’ To Nearly Half Of Single BuyersDSNews 

Economic News/Legislative Affairs 

Jobless Claims In U.S. Declined More Than Forecast Last WeekBloomberg 

Why Are Jobless Claims Falling So Fast?WSJ Real Time Economics Blog

Income Is On The Rise … Finally!CNN Money 

Mortgage Rates 

30-Year Fixed-Rate Mortgage Hits Year’s LowFreddie Mac 

Overnight Averages from Bankrate.com

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Your School District Could Affect Your Property Values

August 20th, 2014 · American Riviera, Mark Lomas and Kirsten Wolfe, Santa Barbara Real Estate

SELLERS ASK FOR 30 PERCENT MORE FOR HOMES IN TOP PUBLIC-SCHOOL DISTRICTS
Private schools can be pricey, but so can homes in top-rated school districts, a recent study found.

In an Aug. 13 blog post  Trulia Chief Economist Jed Kolko found that asking prices for homes in a school district with a GreatSchools rating of nine or 10 were 32 percent above average. On the other hands, asking prices were 41 percent below average in areas with GreatSchools ratings of one or two.

Kolko points out that although buyers who don’t pay private-school tuition can afford a much pricier house, in the long run, education isn’t cheap.  “The hard truth is that both can cost an arm and a leg,” he wrote.

Simply, what sells a home is 1. Condition of property 2. Zip Code (Location, location, location), and 3. School District. Whether you have children or not, when you get ready to sell your home School Districts are a critical valuation for prospective buyers.

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Santa Barbara Homes For Sale

Map of Santa Barbara Schools with Zoomify!

Goleta School Map with Zoomify

Santa Barbara Local Online News with

Noozhawk and Edhat of Santa Barbara

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Santa Barbara Mortgage Rates

August 20th, 2014 · Mark Lomas and Kirsten Wolfe, Mortgage Information

3morgagerates2014Aug19

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Santa Barbara Real Estate Statistics

August 17th, 2014 · Mark Lomas and Kirsten Wolfe, Santa Barbara Realtors, SB Real Estate Statistics

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Santa Barbara “Live” Real Estate Statistics

August 4th, 2014 · Mark Lomas and Kirsten Wolfe, Santa Barbara Real Estate Market Trends, SB Real Estate Statistics

real-time real estate market research
Something new for Santa Barbara Real Estate! Live Statistics! Sales asking prices for the last 7 days, and the last 90 days. If you’d like to take the “Pulse” of today’s market here’s where you’ll find it.

Iif you’re not familar with Santa Barbara’s Zip Codes, here they are:
Carpinteria: 93013, Summerland: 93067, Montecito: 93108, SB Westside: 93101, SB Westside: 93109 , SB Eastside: 93103 (Riviera), SB Eastside: 93105, Hope Ranch: 93110, Goleta:93111. Goleta/county: 93117, and Santa Ynez: 93460

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Santa Barbara Real Estate Aerial Videos

August 3rd, 2014 · American Riviera, Mark Lomas and Kirsten Wolfe, Montecito Real Estate, Santa Barbara Real Estate, Santa Barbara Real Estate Videos

Aerial Photography has come to Santa Barbara Real Estate.  Let us create a professional video for you that includes aerial videos, and aerial photography!  Our background is in television, radio, and filmmaking.  As professional realtors we  have over 25 years  experience helping buyers and sellers achieve their real estate goals.  If you’re thinking of selling your home –  let us show you the difference we can make!

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