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Entries Tagged as 'California Real Estate'

Mortgage Lenders Easing Credit Standards

October 4th, 2017 · No Comments · Montecito Homes For Sale, Mortgage Information, Santa Barbara Homes For Sale, Santa Barbara Real Estate

More Mortgage Lenders are easing credit standards.  Shrinking demand and profits are causing more lenders to ease their mortgage underwriting standards in the wake of a highly competitive business environment. A Fannie Mae report says that the number of lenders who report relaxing credit standards over the past three months has been steadily climbing since […]

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Labor Day Weekend

September 1st, 2017 · No Comments · California, California Real Estate, California Realtors

An interesting weekend with everything that’s going on in Texas. Our hearts go out to everyone there weathering this storm.  Click on Red Cross Harvey Disaster Relief if you’d like to help out, and have a great Labor Day weekend. Be safe, and all the best! “All labor that uplifts humanity has dignity and importance […]

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Practicing the fine art of Real Estate

July 7th, 2017 · No Comments · California, California Real Estate, California Realtors, Santa Barbara Real Estate

Painting by local Santa Barbara artist Chris Potter Forecast: California Home Prices to Grow by 10 Percent Through 2018 California home prices rose by 5.8 percent year over year in May and are projected to grow by 9.7 percent by next spring. U.S. rents rose by 3.1 percent on an annual basis in May, further […]

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Angelina Jolie buys historic Cecil B DeMille estate

June 5th, 2017 · No Comments · California, California Real Estate, Real Estate News

Actress and Humanitarian Angelina Jolie has purchased the historic Cecil B DeMille estate in Los Feliz for $24,500,000.  The two plus acre estate was home to DeMille for roughly 40 years.  Following his death in 1959, it was maintained by the movie mogul’s family for three decades until it was sold in 1988. The house was built […]

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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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Warren Buffett’s thoughts on Real Estate as an Investment for 2017

March 8th, 2017 · No Comments · California Real Estate, Hope Ranch Homes For Sale, Montecito Homes For Sale, Santa Barbara Homes For Sale

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Neverland Ranch For Sale

March 6th, 2017 · No Comments · California Real Estate, Neverland Ranch, Santa Barbara Estates

Originally offered for sale at $100,000,000 the late Michael Jackson’s Neverland Ranch is now offered for sale at $67,000,000. Neverland Ranch is nestled into the rolling landscape of the Santa Ynez Valley in the town of Los Olivo. With its dramatic mountain ranges, flaxen-colored fields, and century-old live oaks, this estate exudes the ambience of a […]

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Mortgage Rates Rise for Ninth Straight Week

January 4th, 2017 · No Comments · California Real Estate, Hope Ranch Real Estate, Montecito Real Estate, Santa Barbara Real Estate

Santa Barbara Harbor Mortgage rates dropped to their lowest annual averages in 45 years in 2016 but continued their steady climb as the year came to a close. Freddie Mac says that 30-year, fixed-rate mortgages averaged 4.32 percent for the week ended Dec. 29, the ninth consecutive week of increases. Fifteen-year, fixed-rate mortgages averaged 3.55 […]

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Merry Christmas and Happy New Year!

December 24th, 2016 · No Comments · California Real Estate, Santa Barbara, Santa Barbara Real Estate

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