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Entries Tagged as 'California Real Estate'

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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The Case of the Bogus Buyer

December 16th, 2016 · No Comments · California Real Estate, Real Estate Humor, Real Estate News

Nina Hatvany, luxury property specialist in  San Francisco, and a real-estate agent for more than 20 years recently shared these stories for the Wall Street Journal : The strangest thing that ever happened in my real estate career is observing the number of people who enjoy masquerading as qualified buyers of luxury properties. Perhaps because of my […]

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Proposition 13 Winners and Losers

December 12th, 2016 · No Comments · California Real Estate, Hope Ranch Real Estate, Montecito Real Estate, Proposition 13, Santa Barbara Real Estate

On November 30, 2016  Ralph McLaughlin reported for Trulia.com  California’s Proposition 13 is the voter initiative that homeowners love, local governments hate, and politicians consider a third rail. On one hand, the state law caps both the property tax rate and the rate at which the assessed home value can increase. On the other, it reduces the […]

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Home Prices Still Short of Pre-Recession Peak

December 3rd, 2016 · No Comments · Santa Barbara Real Estate

Even with the rapid appreciation seen across the country over the past few years, home prices are still quite a bit lower than levels recorded a decade ago. And despite mortgage rates that are already rising, affordability is improving nationwide, but not everywhere – especially some of the high end markets in California. First American’s […]

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