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Entries from June 27th, 2016

Brexit and the U.S. Luxury Home Market

June 27th, 2016 · No Comments · Luxury Homes, Mark Lomas and Kirsten Wolfe, Santa Barbara Homes For Sale

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Brexit and the U.S. Housing Markets ?

June 26th, 2016 · No Comments · Hope Ranch Realtors, Mark Lomas and Kirsten Wolfe, Montecito Realtors, Santa Barbara Realtors

The United Kingdom’s unexpected vote to leave the European Union, otherwise known as “Brexit,” was not accounted for in global financial markets prior to the vote. Thus, stock market volatility is sorting out the anticipated effects going forward. While the financial market volatility will persist, the direct impact on the U.S. is minimal. U.S. economic […]

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Summer Solstice in Santa Barbara

June 25th, 2016 · No Comments · American Riviera, Mark Lomas and Kirsten Wolfe, Neighborhood News, Summer Solstice

For More Information about the Summer Solstice Celebration in Santa Barbara visit their site at: Summer Solstice Celebration in Santa Barbara 2016 Enjoy the video below, “A Sense of Place: Public Art in Santa Barbara,” that offers some footage of past Summer Solstice Parades in Santa Barbara (begins around 6:25 on video). But, the whole video […]

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Real Estate News You Can Use

June 24th, 2016 · No Comments · Hope Ranch Real Estate, Montecito Real Estate, Santa Barbara Real Estate

For the Real Estate Curious The Complicated Psychology of Buying and Selling a House Home Sales and Taxes – What Will You Have to Pay? Santa Barbara Ocean and Harbor View Property Share this:

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Hedge Wars in Santa Barbara?

June 23rd, 2016 · No Comments · Santa Barbara Real Estate

Are Your Views Protected in Santa Barbara? A while back the Independent magazine in Santa Barbara ran a piece that discussed overgrown hedges and view rights – the article mentioned that, “the City of Santa Barbara was pondering whether front yard shrubs be twice as high as the existing ordinance – which it ignores anyways. What’s the result?  Leafy […]

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Income Growth, Mortgage Rates Propel Homebuyer Optimisim

June 13th, 2016 · No Comments · Hope Ranch Homes For Sale, Montecito Homes For Sale, Santa Barbara Homes For Sale, Santa Barbara Real Estate

 Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious.  “Miramar Beach” by local Santa Barbara artist Chris Potter  Americans are feeling better about the housing market than ever before, though May’s lackluster jobs report could dampen some of that enthusiasm as the summer progresses. That’s according to Fannie Mae’s […]

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“New Listing!” Really?

June 10th, 2016 · No Comments · Hope Ranch Realtors, Montecito Realtors, Padaro Lane, Santa Barbara Real Estate, Santa Barbara Realtors

Somewhere on Padaro Lane in Southern Santa Barbara What could be more disappointing than to discover a “new listing” for an area you’ve been frantically looking in and then find out it’s not new. Happens all the time, right? A popular ruse for marketing homes that aren’t selling is relisting them to give the appearance that it’s a “new listing.”  […]

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The Ironic Truth About Zillow Zestimates

June 10th, 2016 · No Comments · Hope Ranch Homes For Sale, Mark Lomas and Kirsten Wolfe, Montecito Homes For Sale, Santa Barbara Homes For Sale, Zillow Zestimates

It’s true, Zillow’s CEO Spencer Rascoff, sold his home for 24% less than what it said on his website. Zillow’s “Zestimates” can be tweaked if you know how to add improvements to Zillow’s valuation methodology. You need to be the owner, or owner’s agent to do this, or an unscrupulous hacker. Actually you don’t even […]

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Housing Recovery Picks Up Steam

June 3rd, 2016 · No Comments · Hope Ranch Real Estate, Montecito Real Estate, Santa Barbara Real Estate

The Wall Street Journal reported this Wednesday (June 1,2016) that Home Prices are back to near record highs across the U.S. amid rising demand and supply constraints, a sign that the lopsided housing market recovery of the past five years is gaining strength.  The S&P/Case Shiller national home price index says the recovery has clawed […]

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The Marc

June 1st, 2016 · No Comments · Santa Barbara Lifestyles, Santa Barbara Real Estate, The Marc

Luxury Living on Upper State Street in Santa Barbara. Pre-leasing in July for September move in. Currently under construction at 3885 State Street. The Marc is the first multi-family residential building to be built in Santa Barbara in 30 years. Some of the Marc residence features are:1-2-3 bedroom homes ranging from 646 – 1,026 square […]

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