Santa Barbara Real Estate Voice
Buyer’s Resources & Advice
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. 2 other strong signs for the market is that many...
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| May 6th |
New Listing – 4 Bedroom 2 Bath Single Level Mountain View Ranch Goleta CA. |
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2012
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Categories: Buyer's Resources & Advice, Goleta |
Brand New Listing in Goleta CA.
Price: $669,000
Address: 155 Kalley Drive
Wonderful 4 bedroom / 2 bath single level home in Mountain View Ranch neighborhood. Extremely well maintained, vaulted ceilings, great natural light, spacious open floor plan and family room w/ fire place. Grounds include gated greenbelt, playground and pool.
View: More Pictures
View: Goleta Real Estate $250,000 to $700,000
View: Goleta Real Estate $700,000 to $1 Million
View: Goleta Real Estate $1 million and above
Further...
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| Apr 11th |
Santa Barbara Real Estate Market Update March 2012 |
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2012
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Categories: Buyer's Resources & Advice, Market Statistics / Updates |
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.
[caption...
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| Apr 10th |
Interest Rates Still Hovering Around All Time Lows |
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2012
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Categories: Buyer's Resources & Advice, Seller's Resources & Advice |
Interest rates for home purchase as well as re-financing continue to hover around historic lows. Below is a average interest rate table based on a survey of several national leading lenders for the end or March 2012.
To take advantage of these great rates here in Santa Barbara, I am hearing from both lenders and clients that these rates are based on good credit scores, 20-25% down payment and loan amounts up to the conforming $625,000. Up to the older conforming amount of $417,000, rates are tending to be .25 point less.
As far as being able to access these rates if you are doing...
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| Mar 13th |
What Does $1 Million Buy You Today in Santa Barbara’s Real Estate Market? |
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2012
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Categories: Buyer's Resources & Advice, Montecito, Santa Barbara |
Where is the Santa Barbara real estate market today with prices and what can you purchase for $1 million today? Over the last 12 months, different sets of statistics will show slightly different views of where our prices are at. Many statistics that I have read tend to say prices are down around 4-6%. Others have even stated that we are relatively flat and stable. As far as the pulse of the market here in Santa Barbara, there is a lot of activity out there across all price points and for many, lack of inventory is the biggest obstacle. Certain...
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| Mar 5th |
New High End Mesa Townhome Development with Impressive Ocean Views – Mira Las Olas |
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2012
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Categories: Buyer's Resources & Advice, Luxury Real Estate, The Mesa Neighborhood |
Looking for a new higher end construction home with style and ocean/island views?
Mira Las Olas is a wonderful, brand new, smaller development of town homes located here on The Mesa in Santa Barbara. Construction is scheduled to be finished sometime in May - July 2012, although pre sales are already taking place.
The look so far of the town homes is impressive, with beautiful "Santa Barbara-style" architecture that includes a nice blend of Spanish, Mediterranean, and Moorish influences. Rich finishes, warm colors and panoramic ocean and island views from many of the units.
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| Feb 29th |
8 New Luxury Homes on The Mesa, Santa Barbara Lighthouse Point |
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2012
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Categories: Buyer's Resources & Advice, The Mesa Neighborhood |
Looking for a spacious, single family home, new construction on The Mesa?
A new development consisting of 8 luxury single family homes is well under way with the model home already open to view. Lighthouse Point on The Mesa looks to be a very nice beach community near Lighthouse Point just behind Lazy Acres. Eight new contemporary spanish homes are almost complete with each having their own individual characteristics, ocean views (some better than others) and pleasant garden areas and patios. Each home varies in size, but seem to be around the 2100 to 2300 sqft. range sitting on lots of around 10,000...
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Looking for a new built townhome or condo close to Downtown Santa Barbara? with views etc.?
Welcome to Bella Riviera.
Bella Riviera is a brand new community located here in Santa Barbara sandwiched in between The Upper East and The Lower Riviera neighborhoods. Bella Riviera just opened this past week for sales with a total of 115 residences being offered. Not all of these wonderful homes will be open to the public, as a portion have been set aside as housing for Cottage Hospital. The site of Bella Rivera itself sits atop the old grounds of the St. Francis Hospital. Santa Barbara Cottage...
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| Jan 17th |
New 3 Bed 2 Bath San Roque Real Estate Listing in Peabody School District – Price $775,000 |
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2012
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Categories: Buyer's Resources & Advice, San Roque Neighborhood, Santa Barbara |
Wonderful New Listing in San Roque
Exceptionally well-cared for remodeled single level 3 bedroom 2 bath home located in the Peabody School District. Located in a well established neighborhood in San Roque, mountain views, mature landscape, great street, minutes to downtown and uptown Santa Barbara.
Numerous upgrades including:
A/C and heating in 2011
Paint and landscape 2011
Sewer lateral in 2008
Roof, extension of home adding master and master bath plus dining in 1997
Remodeled kitchen 1997
New copper plumbing throughout 1997
Almost complete new electrical 1997.
For many, San Roque is Santa Barbara’s quintessential family neighborhood. The entire area is relatively flat and great for walking or biking and seemingly...
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| Jan 9th |
Wonderful New Listing, Hope School, Single Family La Colina Park Area |
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2012
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Categories: Buyer's Resources & Advice, San Roque Neighborhood |
New Listing: 917 Cocopah, Santa Barbara CA 93110
Price: $775,000
Exceptionally well-cared for single level 3 bedroom 2 bath single family Ranch style home with high ceilings. Well established neighborhood in La Colina Park area, mountain views, pleasant gardens, Hope School district. Access to community pool and 3 acre greenbelt.
View Map: 917 Cocopah
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Search: The Santa Barbara Area MLS
Thank you for reading. I hope you find...
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The main areas of the Monroe Elementary School District encompass the neighborhoods of The Mesa, Campanil Hill and Yankee Farm and then stretches over and grabs a small swath of Downtown.
The Mesa area in Santa Barbara stretches from the Santa Barbara City College on the east and extends two and one-half miles to Arroyo Burro County Beach (or "Hendry's/The Pit" to locals). The Mesa is an extremely desirable neighborhood and has often been voted the "Best Neighborhood" in a local paper's poll.
The Mesa would be considered by most "a family neighborhood" although...
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This weeks average rate on the 30-year fixed mortgage continued to hover just above its record low. Freddie Mac reported this week that the rate on the ever popular 30-year home loan sat just below 4% at 3.99%. The record low for the 30-year mortgage rate was set about 9 weeks ago when it dropped to 3.94%.
The average rate of the 15-year fixed mortgage has been sitting around 3.27 %, down from 3.30 % the last few weeks. The record low for the 15-year mortgage rate was also set about 9 weeks ago at a low of 3.26 %.
Here in Santa Barbara, these low rates...
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Kevin Schmidtchen
Realtor - Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
Phone # 805-689-6877
[email protected]
Buyer's Resources & Advice
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