photo

Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

kevinschmidtchen@yahoo.com

Phone or Text

(805) 689-6877

Great News For Santa Barbara Condo Buyers – FHA Eases Tough Condo Financing Rules

Santa Barbara Real Estate Voice In our overall extremely tight real estate market here in Santa Barbara, here is some needed and encouraging news for all of the condominium buyers out there. The biggest source of funding for buyers with 5-20% down payments, the Federal Housing Administration, has revamped controversial rules that caused thousands of condo complexes across the country to lose their eligibility for FHA financing....and a few here in the Santa Barbara area. The new and revised guidelines issued last week take effect immediately.  This will for... Continue Reading >

Carpinteria and Summerland May 2012 Cort Reports

Santa Barbara Real Estate Voice Here are the latest CORT report statistics for real estate here in Carpinteria and Summerland. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks.  Buyers continue to be very comfortable with prices and are taking advantage of incredibly low interest rates.  Other strong signs for the market is that many investors are now buying again as well as cash investors.  We are also experiencing a lack of... Continue Reading >

What Does $1 Million Buy in Today’s Very Strong Santa Barbara Real Estate Market?

Santa Barbara Real Estate Voice Where is our real estate market today? We continue to see buyers very very comfortable with where the Santa Barbara real estate market is today.  Most reports and statistics are also showing that this very strong market is not just a tick here and there, but a market with "very strong legs".  We have now seen about 6-8 straight months of solid activity with homes selling quickly and prices very stable.  Here in Santa Barbara, we are now once again confronted with... Continue Reading >

Santa Barbara CORT Reports – Santa Barbara Real Estate April 2012

Santa Barbara Real Estate Voice Here are the latest CORT report statistics for real estate here in Carpinteria, Goleta, Santa Barbara, Montecito and Summerland.  All of the red "x" delineate REO or distressed sales.  As you will notice, the vast majority of our foreclosures and short sales continue to be in the lower end price points. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks.  Buyers continue to be very comfortable with... Continue Reading >

Santa Barbara Real Estate – Carpinteria Real Estate Market Update June – October 2011

Santa Barbara Real Estate Voice Here is an easy to view summary of the real estate market in the Carpinteria area from the summer months through until the end of October 2011.  Normally this time of year sees a lot of activity in June and July, then slowing a little in August as many people are on vacation, sending kids off to school, paying bills from all the summer activities etc.  Then in mid September through until about Thanksgiving we have a relatively strong real... Continue Reading >

2 Quick Strategies For Pricing Your Goleta and Carpinteria Home To Sell!!

Santa Barbara Real Estate Voice Over the last 2 years in the Goleta and Carpinteria areas, a good amount of the real estate listings on the market have been either short sale or bank owned properties.  Because of this, prices have continued to slowly drop since the peak in early 2007. These days you can get a "good" family home in both areas for somewhere around the $500,000 to $700,000 price point.  This is in stark comparison to 2006 when most of these homes were selling... Continue Reading >

Carpinteria CA Real Estate Sales Statistics for August 2011

Santa Barbara Real Estate Voice Here are the latest statistics for real estate sales in the Carpinteria area for August 2011.  The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not.  Although bank owned foreclosures within the Carpinteria and Goleta areas get a lot of the news, the majority of sales are still traditional sales in the Carpinteria area.  Additionally, most of the REO’s tend to be at the lower end of the price scale both within Carpinteria as well as... Continue Reading >