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Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

kevinschmidtchen@yahoo.com

Phone or Text

(805) 689-6877

2012 Santa Barbara Real Estate Year in Review

Santa Barbara Real Estate Voice A little late to be doing a recap of the 2012 real estate market here in the Santa Barbara area, but with the last 5 weeks filled with a combination of my family getting sick, being extremely busy with work and the lack of sleep because of our new little baby...that is what unfortunately happens. So what happened in 2012? In hindsight it is now very clear to see that anyone who had the foresight to buy property from around October 2011 - April 2012... Continue Reading >

5 Year Average Selling Price For Santa Barbara Real Estate

Santa Barbara Real Estate Voice Here is a great simple graph that looks at the overall average selling prices for homes here in the Santa Barbara area.  The graph breaks down the prices into the main neighborhoods of Santa Barbara...Montecito, Santa Barbara proper, Carpinteria / Summerland, Hope Ranch and Goleta. One of the first obvious looks shows that our high end properties are really starting to see a big increase in demand.  Both Hope Ranch and Montecito have seen prices increase a good amount in the last... Continue Reading >

Goleta CA Real Estate Market Update 3rd Quarter 2012 – Extremely Strong Market

Santa Barbara Real Estate Voice This market update is redundant, but the overall real estate market here in the Santa Barbara area continues to be very strong.  Goleta real estate is no exception and could be as strong as any market we have over the last several months. It seems that every listing in the entry level market (from around $450,000 to $700,000) is seeing multiple offers without exception.  Clients need to be ready day one on simply every listing that comes up. Here below are some recent market... Continue Reading >

New Goleta South Real Estate Listing – 4 Bed 2 Bath Remodeled Single Level Home – Priced at $675,000

Santa Barbara Real Estate Voice Just listed this morning with first open this Friday October 19th 10:00 a.m. - 12:30 p.m. as well as Saturday the 20th and Sunday the 21st from 1-3:00 p.m.  This wonderful Goleta South single level home is very well cared for, remodeled with 4 bedrooms 2 baths, approximately 1800 sqft +/- single family home.  Located close to parks, ocean, UCSB and Camino Real Marketplace.  Remodeled spacious kitchen opens up to a larger "great room", vaulted ceilings, sunken living room, updated flooring... Continue Reading >

Why are Short Sales Here in Santa Barbara and Goleta Selling with Ease?

Santa Barbara Real Estate Voice Are Short Sales No Longer a Pain to Close? A lot has changed with the pulse of real estate market here in Santa Barbara and Goleta over the last 12 months.  After having a pretty steady / good market from Fall 2011 until about June 2012, the real estate market has really taken off over the last 3-5 months.  Seemingly everything that is priced "simply normal" is selling and often with multiple offers.  We have also seen a jump in prices across... Continue Reading >

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 >

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... Continue Reading >