Santa Barbara

Jan 17th

New 3 Bed 2 Bath San Roque Real Estate Listing in Peabody School District – Price $775,000

2012

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... Read more

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Dec 9th

2011 Santa Barbara Real Estate Market Update for The Monroe Elementary School District

2011

Categories: Buyer's Resources & Advice, Campanil Hill Neighborhood, Downtown Neighborhood, Santa Barbara, School News & Information, The Mesa Neighborhood

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... Read more

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Dec 8th

Santa Barbara Real Estate Benefits From Fixed Mortgage Rates Continuing Near Record Lows For 6th Straight Week

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara

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... Read more

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Nov 1st

How To List and Sell Your Santa Barbara Home Without Sitting on The Market for Months!!

2011

Categories: Santa Barbara, Seller's Resources & Advice

As a Realtor, I take part in numerous daily discussions on various topics about our real estate market here in the Santa Barbara area.  Fortunately for all of us, even with the overall craziness in our country's economy, we live in an area where the real estate market is still fairly strong and homes continue to sell. A seller who is reading this and who has a home that's sitting on the market for a while might beg to differ... But, most certain the reason their home is sitting and not selling has a lot less to do with our real... Read more

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Oct 10th

Very Nice Referral from Recent Client – Santa Barbara Real Estate, The Mesa

2011

Categories: Random Thoughts & Opinions, Santa Barbara, The Mesa Neighborhood

To whom it may concern : "I, Robert Hay, wish to acknowledge the excellent service I received from Kevin Schmidtchen at Sotheby's Realty.  I have lived in either Montecito or Santa Barbara since 1954 and my family has or has had deep ties in businesses and in charities throughout the town.  I wanted to sell my beautiful house at 104 Vista Del Mar Drive and after giving it a good try in the summer, and fall of 2010 I took it off the market.  I remember years past how Kevin would send me updates on The Mesa real estate and he... Read more

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Oct 5th

What Seller Incentives Entice Buyers the Most in Today’s Real Estate Market?

2011

Categories: Random Thoughts & Opinions, Santa Barbara, Seller's Resources & Advice

In today’s real estate market here in the Santa Barbara area, sellers can find themselves in a serious situation with no offers in site from buyers.  If you’re trying to sell your home, are confident in your realtor and you have priced your home very well, but still find your home struggling to get offers...adding Buyer Incentives might prove to be a road to success. Buyer incentives are simply perks that you as a seller can offer to an eventual buyer.  These incentives that end up having the most power to get your home sold tend to be money related perks that actually fill a real need for the average home buyer.  Here... Read more

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Sep 23rd

How Many Santa Barbara Real Estate Closed Sales are Bank Owned? Update August 2011

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara

Here are the latest statistics for real estate sales in Santa Barbara proper 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 seem to get a lot of the news, the vast majority of sales are still traditional sales in the Santa Barbara area.  Additionally, most of the REO’s tend to be at the lower end of the price scale. Further Reading: Cort Report Summerland, Carpinteria, Goleta  Santa Barbara, Hope Ranch, Montecito Cort Reports...Yearly Real Estate Price Changes Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood... Read more

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Sep 8th

Santa Barbara, Montecito and Hope Ranch CORT Report on Yearly Real Estate Market Price Changes

2011

Categories: Hope Ranch, Market Statistics / Updates, Montecito, Santa Barbara

Here are some of the latest statistics for the CORT reports for real estate here in Santa Barbara, Montecito and Hope Ranch CA.  These statistics give a quick overview of comparative price changes in the real estate market in the month of July for the last 8 years. Further Reading: Cort Report Summerland, Carpinteria, Goleta Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These Days? What Does $1 Million Buy you in Today's Market? Subscribe: Receive Personal Listings of Santa Barbara Real Estate Search: The Santa Barbara... Read more

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Sep 2nd

Santa Barbara Real Estate Median Price Trends Year over Year 2004 Through 2011

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara, Seller's Resources & Advice

Here is a very informative graph that lays out the monthly price trends since 2004 up through July 2011.  These statistics are for Santa Barbara proper and do not include other areas such as Goleta, Carpinteria, Montecito etc. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These Days? What Does $1 Million Buy you in Today's Market? Subscribe: Receive Personal Listings of Santa Barbara Real Estate Search: The Santa Barbara Area MLS For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding... Read more

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Jun 5th

Great Opportunity for New Condo Development in Downtown Santa Barbara

2011

Categories: Downtown Neighborhood, Green Housing & Living, Santa Barbara

If you are looking for a new condo / townhome to purchase in the downtown area of Santa Barbara, most of the time the options start at around the $700,000 price point with many of the units around the $900,000 to $1.3 million price range.  For the first time in many years, there is a great new complex in the downtown area (The East Beach Collection) being developed right now with units selling from $380,000 to $450,000.  In total there are 48 units within the East Beach Collection with 8 selling at market rate (no restrictions) and 40 units selling "below market"... Read more

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Jun 2nd

Good Activity on Beach Front and Ocean Front Homes from Carpinteria to Santa Barbara

2011

Categories: Carpinteria, Luxury Real Estate, Montecito, Santa Barbara, The Oceanfront Areas

During the last 60 days, beachfront real estate here in and around Santa Barbara has picked up quite a bit with a lot of activity.  Just in the last 2 months we have seen 9 new Active ocean front listings, 4 closed sales and 1 pending (in escrow). Of these listings, 7 have been in Carpinteria mainly along Padaro Lane and Sand Point Road. Of these listings, 7 have been in the Santa Barbara or Montecito areas. Here is a list below of the Current New Active Listings 4975 Sandyland Road #205, Carpinteria CA. priced at $999,500. Exceptional ocean front property at Carpinteria... Read more

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May 10th

New Listing!!! Fantastic New Opportunity Single Family Home Near Hendry’s Beach in Santa Barbara – Priced at $735,000

2011

Categories: Buyer's Resources & Advice, Santa Barbara

Here is a fantastic opportunity to own a great home, priced very well on a quiet street just above Hendry's Beach.  Located close to all that The Mesa area offers including beaches, hiking trails and just a few minutes drive from downtown Santa Barbara. This home has been well maintained by the owner and is a clean 3 bed 2 bath home with a den/4th bedroom located at 104 Vista del Mar, SB CA 93109.  Peaceful setting with both large back and side yards, a terrific outdoor sitting deck, refinished hardwood floors, newer paint, newer plumbing, newer garage door, newer roof, skylight. Address:... Read more

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