Baby boomers continue to be a large part of the real estate market here in Santa Barbara and there is obviously no sign of this changing. Almost all baby boomers have reached their peak in purchasing power over the last 20 years and many of them have channeled their finances into prime real estate in towns such as Santa Barbara and Montecito.
I have attached a interesting slide here below to highlight what most baby boomers are still looking for at this stage in their life with regards to new real estate purchases.
- Proximity to shopping, walkability
- High ceilings, natural light
- Sustainable, energy efficient homes
- Majority looking for homes 2,000 to 3,000 sqft.
Search: The Santa Barbara Area MLS
For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our wonderful town, please don’t hesitate to contact Kevin Schmidtchen at Berkshire Hathaway Home Services.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.