Santa Barbara Real Estate

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Happy Thanksgiving

November 21st, 2017 · California Real Estate, Hope Ranch Realtors, Montecito Realtors, Santa Barbara Realtors

Wishing you and yours a very Happy Thanksgiving. We’d also like to thank our friends and clients for their help, referrals, and support. We truly appreciate it.

Thank you!

Mark and Kirsten

  • “Thanksgiving is one of my favorite days of the year because it reminds us to give thanks and to count our blessings. Suddenly, so many things become so little when we realize how blessed and lucky we are.” -Joyce Giraud
  • “The roots of all goodness lie in the soil of appreciation for goodness.” -Dalai Lama
  • “Gratitude turns what we have into enough.” -Anonymous
  • “I love Thanksgiving because it’s a holiday that is centered around food and family, two things that are of utmost importance to me.” -Marcus Samuelsson
  • “Forever on Thanksgiving day the heart will find the pathway home.” -Wilbur D. Nesbit
  • “Each day I am thankful for nights that turned into mornings, friends that turned into family, dreams that turned into reality and likes that turned into love. Most importantly though, I am thankful for you today and everyday.” -Anonymous
  • “Thanksgiving after all, is a word of action.” -W.J. Cameron
  • “Family isn’t always about the people in your life who are blood relations. It’s about the people in your life who want you to be in theirs. It’s about the people in your life who accept you for who you are, support you in the things you choose to do and no matter what, are there for you. It’s the people in your life who love you, respect you and who you can depend on. Now that’s family!” -Anonymous
  • “We may not have it all together, but together we have it all.” -Anonymous
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Goodbye Income Tax Deductions?

November 14th, 2017 · California Real Estate, Hope Ranch Real Estate, Montecito Real Estate, Santa Barbara Real Estate

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Proposed Tax Plan Stalling Real Estate Market?

November 13th, 2017 · California Real Estate, Real Estate News, Santa Barbara

The proposed GOP Tax Plan could eliminate key advantages of owning a home. The Senate tax plan eliminates the state and local tax deduction (SALT) which also allows people to make itemized deductions for property taxes. That would raise a tax burden on existing homeowners, and encourage them to look for cheaper properties according to Trulia. This is likely to have the greatest impact on expensive coastal cities where residents pay some of the highest property taxes in the US. If the Senate version prevails, the mortgage interest deduction cap would remain unchanged at loans of $1,000,000. The house has proposed cutting the cap to $500,000. As expected, homebuilders and the Realtor trade associations have denounced this.

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Veterans Day in Santa Barbara

November 7th, 2017 · Mark Lomas and Kirsten Wolfe, Neighborhood News, Santa Barbara, Veterans Day

The Wall in Washington DC, and Sterns Wharf in Santa Barbara

Veterans Day annually falls on November 11. This day is the anniversary of the signing of the armistice, which ended World War 1 hostilities between the Allied nations and Germany in 1918. Veterans are thanked for their services to the United States on Veterans Day.

The community of Santa Barbara celebrates a week of Patriotic Activities beginning on November 4, 2017 thru to November 12, 2017.  Here are a list of those activities.

1. Vietnam veteran’s lunch with Medal of Honor recipient Colonel Jack Jacobs. November 4, 2017 (11-1pm) Elks Club

2. Granada Theatre Movies that Matter: November 10, 2017 (7pm) free admission to those in uniform

3. Veterans Day Ceremony at Santa Barbara Cemetery  November 11, 2017 (10-11am)

4. Veterans Parade: November 12, 2017 (12-1pm) State Street (from Sola Street to Cabrillo Boulevard) concluding at the 5th Annual Salute to Vets at Carriage Museum

5. Parachute Landing: Sunday November 12, 2017  (12 to 12:30 approximately)  Cabrillo Boulevard, between State and Castillo Streets.

6. 5th Annual Salute to Vets Sunday November 12, 2017 (Noon to 5pm)  Carriage Museum, 129 Castillo Street

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Santa Barbara Short Term Rental Ban Approved

November 2nd, 2017 · California Real Estate, Montecito Real Estate, Santa Barbara Real Estate, Short Term Rentals

Padaro Lane in Santa Barbara

The Santa Barbara Board of Supervisors voted 3-2 to approve an ordinance banning Short Term Rentals in unincorporated Santa Barbara County (including Montecito) this October. The Board voted to prohibit Short Term Rentals in residential zones, agricultural zones, and mixed use zones, while allowing “Homestays” in residential and AG-1 zones, with restrictions.

A Homestay is a short term tenancy in which an owner or long term tenant of at least six months is on the property at the same time as the short term tenants. The Board voted that a Homestay cannot exceed the rental of more than three bedrooms. A homeowner can only apply for one Homestay license, must have a nuisance plan in place, and those wanting to apply for a permit may do so in early 2018.

Short term rentals will be allowed in Commercial zones as well as a new overlay dubbed the Coastal Zone Historic Overlay Zone in Montecito.  This zone spans from South Jameson Lane to the Beach between Danielson Road and Posilipo Lane. Also included are Edgecliff Lane, Miramar Beach, Humphrey Road, Eucalyptus Lane, and the Sea Meadow planned unit development. Source: The Montecito Journal Volume 23 Issue 41 This information is deemed reliable but not guaranteed.

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Santa Barbara Real Estate Market Trends

October 21st, 2017 · California Real Estate, Santa Barbara Real Estate, Santa Barbara Real Estate Market Trends, Santa Barbara Realtors

The  Santa Barbara real estate Market Trends from January 2013 to September 2017 for the number of sales for that month. This graph was created by Fidelity Title Company of southern Santa Barbara covering the southern Santa Barbara communities of Carpinteria, Montecito, the upper and lower Riviera, the Upper East, East Side, West Side, Mesa, Hope Ranch and Goleta .

Click on image to enlarge 

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Santa Barbara Association of Realtors Sues City?

October 20th, 2017 · Disclosure, Santa Barbara Association of Realtors, Santa Barbara Real Estate, Santa Barbara Realtors, Zoning Information Reports

The Santa Barbara Association of Realtors has decided to sue the City of Santa Barbara over it’s Zoning Information Report that’s required when a property is sold. The report has been a thorn in the SBAOR for a while. Personally, I do not agree with the Association’s position. Throughout the State of California these reports, often referred to as “Resale Inspections,” are required by most towns and cities in the state. Also real estate agents are suppose to  disclose “anything that might affect one’s perception of value” which has long been a part of the disclosure process when selling a home. So, why is this a problem?

Even though these reports can sometimes can be problematic, and have caused transactions to fall apart, the intent is to provide essential information to a prospective buyer regarding permits, and safety considerations. I believe construction of any structure, additions, or remodeling done without a permit where required should be disclosed.  Also, any safety considerations should be noted too. I also believe the City should work with Sellers if previous City inspections did not reveal or missed any issues when they acquired the property that are now a problem. For real estate agents, it would seem, the Zoning Information Report should be ordered prior to taking a listing. This way many of the problems that these reports come up with can be addressed before marketing the property.  It may be the most important inspection the buyer has.

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South Santa Barbara Year to Date Statistics

October 18th, 2017 · Santa Barbara, Santa Barbara Homes For Sale, Santa Barbara Real Estate

(Click or tap on image to enlarge)

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Santa Barbara Real Estate Statistics

October 16th, 2017 · Santa Barbara Homes For Sale, Santa Barbara Real Estate, Santa Barbara Real Estate Market Trends

(Click or tap on image to enlarge)

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502 Picacho Lane in Montecito, California

October 13th, 2017 · California Real Estate, Montecito Homes For Sale, Montecito Real Estate, Montecito Realtors

Open this Saturday from 12 to 4 and Sunday  from 1 to 3pm

This four bedroom home can be found on one of Montecito’s most prestigious streets. This remodeled Mediterranean style home resides on approximately one acre and offers wonderful mountain views. Other amenities offered are a pool with an in-pool spa, multiple terraces, built in BBQ, and spacious lush garden areas. Located near Montecito’s Upper Village. Offered at: $4,250,000

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