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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

Are Bank Owned Sales Prevalent in Montecito? August 2011 Update

Santa Barbara Real Estate Voice Here are the latest statistics for real estate sales in Montecito for August 2011.  The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not.  Although many people would love to find bank owned foreclosure properties in Montecito, the reality is that almost all of the sales are still traditional sales in Montecito.  Additionally, most of the REO’s tend to be at the lower end of the price scale.   View: Santa Barbara / Montecito Real Estate... Continue Reading >

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

Santa Barbara Real Estate Voice 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... Continue Reading >

What Are Considered the Higher End Neighborhoods in Santa Barbara?

Santa Barbara Real Estate Voice When talking about Santa Barbara proper, the high end real estate market is usually referred to as home prices $2 million and above, although this is obviously pretty subjective.  For example, within Montecito proper, most people would consider the high end there to start at around $ 5 million. So what are the highest priced neighborhoods in Santa Barbara? Number 1 on the list is Montecito with Hope Ranch not being too far behind.  Montecito continuously finds itself within the top 10... Continue Reading >

How Much Does an Ocean View Home Cost in Santa Barbara CA?

Santa Barbara Real Estate Voice There are many different reasons why we all choose to live here in Santa Barbara.  Each and everyone one of them add up to a great quality of life.  Among  the most obvious are the medium sized town, the culture and arts, the restaurants, the weather, all the outdoor pursuits...you name.  There are many wonderful realities of a life here on The American Riviera. Although the beach and the ocean are never more than a few minutes away for all of us, some... Continue Reading >

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

Santa Barbara Real Estate Voice 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... Continue Reading >

Low “Good Inventory” in The Heart of The Montecito Real Estate Market

Santa Barbara Real Estate Voice Where is all the "Good Inventory" in Montecito?  This is what a lot of agents and their clients are asking themselves with regards to the guts of the Montecito Real Estate market right now.  These days the entry level price for getting into Montecito real estate is around $1.1 to $1.6 million.  There are a few lower priced homes that come on the market, but only here and there and often these are almost "tear downs" or smaller older homes on or right... Continue Reading >

Happy Homeowners Around the Miramar Hotel in Montecito?

Santa Barbara Real Estate Voice The latest "New Miramar Hotel Plan" has been recently approved by the County this last week.  Current owner of the property, Rick Caruso went back to the board with a reduced size after getting approval from the Montecito Planning Commission earlier this year.  After hearing comments from the board and the community, Mr. Caruso essentially took the following steps...eliminated the tennis court, reduced the gross square feet of the project by 120,000, reduced the total rooms from 192 to 186... Continue Reading >