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Santa Barbara Real Estate Market Trends

May 17th, 2017 · Santa Barbara Real Estate

Santa Barbara Real Estate Market Trends from January 2013 to April 2017 for number of sales for that month and year.  This graph was prepared by Fidelity Title Company in Santa Barbara. The graph reflects the number of sales for the month for southern Santa Barbara. (Carpinteria to Goleta). It appears we’re keeping pace with last year, but not the same levels of activity as 2013 and 2014.  Click on image to enlarge

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1931 Garden Street in Santa Barbara

May 16th, 2017 · Santa Barbara, Santa Barbara Homes For Sale, Santa Barbara Real Estate, Santa Barbara Realtors

Open House         Saturday              May 20,  2017             from 1 to 4 pm 

Classic Santa Barbara Upper East Beauty. Two bedroom two bath home on one level with a guest suite that offers 1 bedroom and 1 bath. Close to downtown and the historic Santa Barbara Mission. Light filled rooms, coffered ceilings, large traditional dining room, remodeled kitchen, and outdoor patio. Roosevelt school district. For a private showing call: 805.845.2888  HomesOfSantaBarbara@gmail.com

Offered for: $1,898,000

1931 Garden Street Photos

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Zillow Lawsuit

May 11th, 2017 · Montecito Real Estate, Montecito Realtors, Santa Barbara Real Estate Videos, Santa Barbara Realtors, What's My Home Worth?, Zillow Zestimates

May 11, 2017:  On Good Morning America Barbara Corcoran reported on the lawsuit filed against Zillow.com based on their “Zestimates” feature  (an algorithm that calculates your property’s value).

Real Estate agents have known for a long time how inaccurate Zestimates can be. Now the public is learning not only how inaccurate they are, but they can be problematic when you go to sell your home. Barbara Corcoran, a renown real estate agent from New York City and personality on the television show Shark Tank shares her insights on the lawsuit, and Zillow.com.

Barbara concludes that if you really want an accurate valuation for a property to consult with a real estate agent.

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Win Southern California Dream House!

May 5th, 2017 · California Real Estate, California Realtors, Santa Barbara Real Estate, Win Southern California Dream Home

Win this southern California Dream House (or, 3 million dollars in cash). To purchase tickets go SoCalRaffle.com The Dream House is a 6,300 square foot custom built Mediterranean Home. Six Bedrooms and Seven Bathrooms.  Sweeping views of the Pacific Ocean. Sparkling pool. Located in Palos Verdes.  Tickets are $150 each. 3 packs for $400, or 5 packs for $550 each.  Proceeds benefit the Special Olympics of Southern California. This web site, nor Sotheby’s International Realty, is associated in any way with this event other than a desire to promote the Special Olympics of Southern California. For more information in this regard go to the link above.

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Housing Market Boom!

May 1st, 2017 · Santa Barbara Real Estate

ABC Nightly News April 28, 2017

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495 Toro Canyon Road in Montecito, California

April 28th, 2017 · California Real Estate, Montecito Estates, Montecito Homes For Sale, Montecito Luxury Properties, Montecito Realtors

Open House Sunday April 30, 2017 * 1-4pm * Beautiful Montecito Farmhouse!

This enchanting gated estate, on 2+/- acres in magical Toro Canyon, is where chic luxury meets coastal casual. Its main residence is a refined yet uber-comfortable (nearly 4,000 sq. ft.) California farmhouse. This amazing property shares the grounds with a pair of guest cottages that are all set amidst native and tastefully introduced landscaping. Sandstone paths meander through luxuriant foliage, with a canopy of palm, oak and eucalyptus trees beside a seasonal creek, opening here and there to delightful ocean and island vistas. This showcase home is equally suited to enjoying family, and entertaining guests.  Captured here is the essence of California coastal living.

Offered for: $4,395,000 • 4 Bedrooms  4 Full Baths • Built in 2012 • 2 +/- acres (approx.) • 3,836 sq’ (approx.)

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Santa Barbara “Live” Real Estate Statistics

April 28th, 2017 · Santa Barbara Real Estate, Santa Barbara Real Estate Market Trends, SB Real Estate Statistics

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
real-time real estate market research  
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Singing the State Street Blues

April 27th, 2017 · Santa Barbara Commercial Real Estate, Santa Barbara Real Estate, Santa Barbara Realtors, State Street

State Street is the main artery in Santa Barbara loaded with shops, showrooms, restaurants, bars, movie theaters, and coffee shops.  A mixed bag where you’ll find many of the best stores you know and love. And yet this visually stunning go to destination for tourist and locals is struggling with record vacancies, and an ever growing homeless community. There are no easy answers here.

Jeff Harding, in his “The Capitalist” column in the Sentinel newspaper, recently reported that an inventory he conducted of downtown State Street – from the “Funk Zone to the 1300 block – found there were 30 retail stores for rent. In 2011 he came up with a count of “about 18 vacancies.” Although most of the economic indicators suggest a growing economy this trend (vacancies) isn’t just a local trend it’s also national. A lot of the large chain stores are undergoing store closings. He also suggests that the Internet and a glut of too much retail space are also contributing factors. Could this lead to more competitive rents? The market will decide.

The Independent news magazine, in their April 14th issue, reported that efforts by the Santa Barbara Police to “curtail nuisance behavior by aggressive panhandlers – referred to as young urban travelers – may soon be retooled into another method of enforcement. Whatever happens needs to happen fast.” Councilman Frank Hotchkiss told the Chief of Police that, “he and his colleagues are feeling serious pressure from downtown business interest to better address what merchants feel is a major contributor to record vacancies up and down State Street.” Like I said, “no easy answers.”

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Accessory Dwelling Units by Jock Sewall

April 17th, 2017 · Accessory Dwelling Units, California Real Estate, Real Estate News, Santa Barbara Real Estate

Jock Sewall is a local Santa Barbara Architect. Here’s his take on Accessory Dwelling Units:

“Aging in Place,” that is, not moving to a separate rest home or it’s equivalent, staying in the family and community mix is the most desirable senior residential outcome by far according to every kind of senior. This kind of family arrangement (community with privacy) is now possible with the new Accessory Dwelling Unit provision in California.

The biggest benefit to aging in place is that “oldsters” will maintain their dignity, independence, and inclusion in the family support system as long as humanly possible. If a parent needs senior care and cannot afford it, with an Accessory Dwelling Unit, they have an opportunity to remain in the family setting where care is close without feeling underfoot.

We all want to live the fuller life that aging in place allows. When alone people get lost, give up, then sink into desperate isolation. Depression can be a silent killer for seniors in our society. An active defense against this kind of loneliness is living close to family, seeing friends around town,  and having convenient access to services, markets, church, and nature. Simple but necessary. A family compound approach with an accessory dwelling unit provides a tool for many to extend their resources and let those close to them that have gotten on in years to live out their days with greater peace of mind in a familiar setting , and more dignity.

Jock Sewall and Associates Accessory Dwelling Units

California Senate Bill 1069      City of Santa Barbara Accessory Dwelling Units   Article 2 Adoption of Regulations

Hysteria in Montecito regarding Accessory Dwelling Units?

In the March 23-30, 2017 issue of the Montecito Journal Kelley Mahann Herrick wrote a comprehensive take on Accessory Dwelling Units in Montecito.  In her column there are some interesting take aways. She quotes Thiep Cung, a local architect who also sits on the Montecito Architectural Board of Architectural Review (MBAR) who says that, “the ADU legislation has negative implications on many levels and is even more of a concern than lack of water, or the widening of 101.” Curiously his firm is in the process of designing three ADUs for three different properties in Montecito. Cung is also quoted as saying, “On one hand it’s very helpful for homeowners because it streamlines the process. On the other hand, the new legislation allows basically anyone to build an ADU on their property, which has major negative implications for traffic and density issues.”

There are many different opinions on this new legislation and time will tell how this all plays out.  Historically in Montecito detached Second Units were only permissible on five acres. Now, ADUs are permissible regardless of the lot size. One of the suggestions Cung makes in this article is to, “let your neighbors know what’s going on, and be transparent about what you’re building in your backyard,” which is good advice for any project you’re considering. And, for those considering renting out their ADU, it’s required that it must be rented out for a minimum of 31 days.

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Hope Ranch

April 15th, 2017 · California Real Estate, Hope Ranch Homes For Sale, Hope Ranch Real Estate, Hope Ranch Realtors, Santa Barbara Real Estate

Hope Ranch is an exclusive community with over 1800 lush acres along the Pacific Ocean in Santa Barbara, California. Hope Ranch is a unique enclave with over 750 luxury homes. One of the many amenities that Hope Ranch offers is a private Beach with picnic grounds, and a playground. Other amenities include 22 miles of Equestrian Trails, Community Tennis Courts, Private Security Patrol, and the La Cumbre Country Club .

Hope Ranch Beach is a sandy beach that includes bath houses that were built in the 1920’s, and recently updated to include rest rooms, lockers, outdoor showers, and kayak lock ups. In the summer you’ll find a snack shack, lifeguards, and a volleyball court on the sand.

Schools for the residents of Hope Ranch include the Laguna Blanca School (Private K-12), the Vieja Valley Elementary School , the Hope Elementary School District, La Colina Junior High , and San Marcos High School .

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