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Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

[email protected]

Phone or Text

(805) 689-6877

Market Statistics / Updates

Santa Barbara Area Tops in Hot Real Estate Market

Santa Barbara Real Estate Voice Here is a great article from Inman News about the very strong California real estate market overall... and especially here in Santa Barbara.  This is pretty much in line with what I have been writing about the last 6 months and what we are experiencing. Editor's note: Data from Realtor.com's June 2012 Real Estate Trend Data Report. The report analyzes data for 146 U.S. metros and includes single-family homes, condos, townhomes and co-ops. Three California metros -- Santa Barbara-Santa Maria-Lompoc, San Francisco and Oakland -- shot to the top five of metros with... 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 inventory in certain areas and price points which can be... Continue Reading >

Santa Barbara, Montecito, Hope Ranch and Goleta Cort Reports May 2012

Santa Barbara Real Estate Voice Here are the latest CORT report statistics for real estate here in Santa Barbara, Montecito, Goleta and Hope Ranch. 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 inventory in certain areas and price... Continue Reading >

Santa Barbara Real Estate – San Roque Real Estate Market Update May June 2012

Santa Barbara Real Estate Voice The San Roque real estate market continues to be a very strong market here in Santa Barbara.  The only homes that seem to not be selling are the ones that the market is telling us are too high priced.  Outside of this, from a fixer to a done up home across all price points in San Roque, homes are selling.  Buyers are out there and simply asking for more inventory.  Many homes are also seeing multiple offers of 2-3 offers. If you are looking for real estate information and a home... Continue Reading >

High End Luxury Montecito Real Estate Sales Continue Their Strong Pace

Santa Barbara Real Estate Voice The very high end luxury real estate market here in Montecito is seeing a great deal of activity and sales here in the first part of the year.  This is in pretty stark comparison to the sales here in the last year(s). 2009 - 10 Total sales over $7.5 million 2010 - 14 Total sales over $7.5 million 2011 - 4 Total sales over $7.5 million In 2012, we have already seen 8 total closed sales over the first 5 months of the year, 5 of which have been over $15 million. Right now in our very high... 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 prices and are taking advantage of incredibly low interest rates. ... Continue Reading >

Santa Barbara Real Estate Market Update March 2012

Santa Barbara Real Estate Voice Here are some of the latest Santa Barbara real estate market statistics with regards to inventory, listings, sales, prices etc. for March 2012. As the statistics show, the real estate market here in Santa Barbara, Goleta and Carpinteria is very strong and active.  With the combination of fewer listings (inventory), great interest rates and buyers that are comfortable with the market....homes are selling quickly across all price points in the last 6-8 months. The graph below depicts this overall lack of inventory in general...one of the obvious factors leading to a fairly quick market.   The immediate... Continue Reading >