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Entries Tagged as 'Market Conditions'

US Homes Selling Faster Than Ever this Spring

June 12th, 2017 · No Comments · California Real Estate, California Realtors, Market Conditions, Santa Barbara Real Estate

Painting by local Santa Barbara artist Chris Potter Nationwide, properties sold an average of 29 days in April. Housing inventory concerns continue, pushing the median U.S. sales price U.S. sale price up to $244,800, the 62nd straight month of annual gains. California accounts for eight of the nation’s 10 most expensive counties by price. Serious […]

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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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Lowball Offers

November 14th, 2016 · No Comments · California Real Estate, Market Conditions, Santa Barbara Real Estate, The Real Estate Scene, Tips For Sellers

A true lowball offer is considered to be an offer 20% or more off the asking price. Sometimes a seller will not even respond to a lowball offer. In some instances that might be the best way to play your hand, but not all  Each scenario is unique unto itself depending on the personalities that are involved, and […]

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Santa Barbara Real Estate Market Trends 2016

July 22nd, 2016 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Santa Barbara Real Estate, Santa Barbara Real Estate Market Trends

Santa Barbara Real Estate Market Trends through the 2nd Quarter for 2016. This graph was prepared by Fidelity Title Company in Santa Barbara. This year is reflected by the thicker purple line with diamonds. The green line reflects 2015, where in May of 2015, it appears the southern Santa Barbara real estate market peaked based on the number […]

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Montecito “Heat Index” 2nd Quarter 2016

July 17th, 2016 · No Comments · Market Conditions, Montecito Homes For Sale, Montecito Real Estate, Montecito Realtors

In this week’s Montecito Journal Michael Philip’s “Heat Index” article gave an excellent overview of the real estate market here in Montecito.  The graph here compares number of sales for 2016 vs. 2015 for the 2 quarter. Click on the image to enlarge it. For more information on the pace and trends of the Montecito […]

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Housing Market Forecast for 2016

February 11th, 2016 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Santa Barbara Real Estate Market Trends

Forecast for the 2016 Santa Barbara Real Estate Market Right now there does not appear to be any downside to the southern Santa Barbara real estate market.  The modest increase in median prices across the areas still look appealing to buyers. Interest rates are still at historic lows.  If the Feds consider raising interest rates […]

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Santa Barbara 4th Quarter Statistics for 2015

January 29th, 2016 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Santa Barbara Real Estate Market Trends

CLICK ON IMAGE TO ENLARGE   Share this:

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Santa Barbara, Montecito, Hope Ranch Average and Median Price Review 2007-2015

January 21st, 2016 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Santa Barbara Real Estate Market Trends

Santa Barbara, Montecito, and Hope Ranch market trends from 2007 to 2015. Right now there does not appear to be any downside to the Santa Barbara real estate market.  The modest increases in median prices across the areas still look appealing to buyers. One concern is the Chinese stock market which recently has had an […]

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Feds Raise Interest Rates

December 16th, 2015 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Mortgage Information, Santa Barbara Real Estate

ABC Breaking News | Latest News Videos Share this:

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Last 5 Years of Selling Prices 1st Quarter

May 14th, 2015 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Montecito Realtors, Santa Barbara Realtors

Montecito * Santa Barbara * Carpinteria/Summerland * Hope Ranch * Goleta (Click on image to enlarge) Share this:

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