Santa Barbara Real Estate

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Entries from April 27th, 2017

Singing the State Street Blues

April 27th, 2017 · No Comments · 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 […]

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Accessory Dwelling Units by Jock Sewall

April 17th, 2017 · No Comments · 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 […]

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Santa Barbara Real Estate Market Trends

April 15th, 2017 · No Comments · California Real Estate, Market Conditions, Santa Barbara Real Estate Market Trends

Santa Barbara Real Estate Market Trends from January 2013 to March 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 […]

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Interest Rates Update

April 13th, 2017 · No Comments · California Real Estate, Mortgage Information, Santa Barbara Real Estate

Painting by Chris Potter Santa Barbara Artist Extraordinaire Continued strength in the labor market could lead the Federal Reserve to continue gradually raising interest rates. Mortgage rates, however, have declined for three straight weeks following the Fed’s early March announcement that it would raise rates; 30-year, fixed-rate mortgages currently stand at 4.10 percent, according to […]

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Bill and Hilary Clinton’s vacation retreat For Sale

April 10th, 2017 · No Comments · California Real Estate, Carpinteria Homes For Sale, Padaro Lane

A Padaro Lane vacation retreat for Bill and Hilary Clinton is for sale. Bill and Hilary stayed here following his victory for President in 1992, and later in 1993. The property at 3055 Padaro Lane in Carpinteria is offered at $28,500,000.  The private ocean estate is set on 4.37 acreas (according to the Santa Barbara […]

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House Eating Fungus – Poria Incrassata

April 8th, 2017 · No Comments · California, California Real Estate, Santa Barbara Real Estate

Homeowners may not know poria incrassata by its fancy name, but they’ll know when it becomes an unwanted houseguest. The house-eating fungus looks like orange pancake batter and quickly makes itself at home. It can destroy an entire structure within months. “When poria does invade a house, it’s almost always catastrophic,” Mississippi State University wood […]

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The Funk Zone in Santa Barbara

April 8th, 2017 · No Comments · Funk Zone, Santa Barbara Real Estate

The colorful and always changing Funk Zone in Santa Barbara is a unique neighborhood found between Highway 101 and the Beach off lower State Street.  The Funk Zone proudly reflects it’s roots in art and industry with an eclectic mix of artisan shops, art galleries, and studios, eateries, wine tasting rooms, and micro breweries – […]

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Live near a Surf Break?

April 7th, 2017 · No Comments · California Real Estate, Neighborhood News, Santa Barbara Real Estate, Surfing Santa Barbara

Researchers at the Middlebury Institute of International Studies at Monterey found that being located within a mile of a surf break adds about $106,000 to a home’s value.  Living near a desirable public park or outdoor recreation space boosts it significantly higher — as much as 8 percent to 20 percent. There are dozens, if not hundreds, of neighborhood attributes that […]

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Mortgage Rates Dip for Second Week as Inventory Falls to All Time Low

April 3rd, 2017 · No Comments · California Real Estate, Home For Sale, Mortgage Information, Santa Barbara Homes For Sale

Mortgage Rates Dipped for the Second Straight Week:  Though higher rates and fluctuations don’t appear to be stifling home sales yet.   According to Freddie Mac, 30-year, fixed-rate mortgages averaged 4.14 percent for the week ended March 30, down from 4.23 percent the previous week. Fifteen-year, fixed-rate mortgages averaged 3.39 percent, decreasing from 3.44 percent on a […]

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