photo

Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

[email protected]

Phone or Text

(805) 689-6877

Santa Barbara

Where Have The Foreclosures Gone in Santa Barbara?

Santa Barbara Real Estate Voice Compared to many other towns across California, Santa Barbara's real estate market has held up (or recovered) pretty well since the market "crashed" in 2007.  After dropping roughly 50% from peak prices, our real estate market has rebounded on average about 22-25% across the board.  In the last 16 months, the market has been incredibly strong across all price points with a huge buyer demand. One main reason for this spike in our market has been the limited inventory...and part of this has been the reality that there are not many... Continue Reading >

The 3 Most Expensive Homes Currently For Sale in The Santa Barbara Area

Santa Barbara Real Estate Voice Every year here in the Santa Barbara / Montecito / Hope Ranch / Carpinteria areas, we see some very exclusive high end real estate sales.  Often some of these sales top the $20 million mark which is a lot to be said for the demand for exclusive luxury property in our area.  Although we see sales above the $20 million price point, more often than not, the "high end" sales tend to be in the $10 to $20 million price range. In just the last 12 months, our MLS has reported... Continue Reading >

2013 Year to Date Santa Barbara Riviera Neighborhood Real Estate Sales

Santa Barbara Real Estate Voice With Santa Barbara real estate seeing rising prices in pretty much every area here in Santa Barbara since the beginning of the year, I wanted to break down some of the recent sales and current activity in the different areas of town over the coming weeks. Here I wanted to show a quick glance of what you can expect with prices in the desirable Riviera neighborhood.  For most of us, we tend to break down The Riviera into lower (below APS) and upper (above APS).  For my purposes here, I will... Continue Reading >

Pricing Strategies for Santa Barbara – San Roque Real Estate

Santa Barbara Real Estate Voice Throughout 2013, the real estate market has been incredibly strong with high demand and rising prices.  We have seen this across the board in all areas here in Santa Barbara and Montecito and in pretty much every price point. With the market this hot, what should the pricing strategy be for a seller when it comes time for them to sell their home? Every seller and every seller's situation is different with regards to what they are looking for in the sale of their home.  With this said, the #1 objective for... Continue Reading >

May 2013 Santa Barbara Real Estate Market Snapshot

Santa Barbara Real Estate Voice Here is the May 2013 Santa Barbara Real Estate Market Snapshot for Inventory, Listings and Sales.  Overall the market continues to be tight with limited inventory. This graph below shows the seasonality of the inventory and sales.  As you will see, May 2013 listings were down 9% from last month and down almost 5% from May of 2012. We are now into the middle of June and although inventory is still tight, prices hint at starting to stabilize.  I think it is a common discussion with realtors and their clients and as... Continue Reading >

San Roque Real Estate Update – Peabody School District May 2013

Santa Barbara Real Estate Voice As the overall Santa Barbara real estate market continues to be very strong, San Roque and all homes within the Peabody School District continue to also be in very much high demand.  In our daily routine as Realtors of networking within our companies and reading emails about buyer needs, it is easy to see that any upcoming good listing within this area is most likely going to see a strong demand from buyers within only a few days of being on the market. So far since the beginning of the year we have... Continue Reading >

Hope Ranch – Santa Barbara Real Estate Market Update 1st Quarter 2013

Santa Barbara Real Estate Voice Our 2013 Santa Barbara real estate market has started off exactly where 2012 ended...strong in pretty much every area and in most every price point.  One of our stronger areas is the Hope Ranch area, especially in the entry / lower level price point of around $1.3 to $2.75 million.  Most everything is selling right away in this price point and the reality is that most any listing that is staying on the market in this price point is simply believed to be too high priced. "Everything" priced at market is seeing... Continue Reading >